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"Post RI, SMCGL's current paid-up equity capital of Rs. 9.83 cr. will stand enhanced to Rs. 19.66 cr. Based on the RI pricing, the company is looking for a market cap of Rs. 88.47 cr."

well 19.66 was after NOV 2021 RI..
so 2022 RI will increase the Capital more naa?
Kindly confirm about it...

And if the ratio is 1:1 then the capital should get double... but the capital to raise is mentioned as 44cr+ ... maybe i am missing something...