Banas Finance Rights Issue 2022 vs Maharashtra Corporation Rights Issue 2022

Comparision between Banas Finance Rights Issue 2022 and Maharashtra Corporation Rights Issue 2022.

Rights Issue details

Find important information like Listing Exchange, Terms of payment and Entitlement Ratio for Banas Finance Rights Issue 2022 and Maharashtra Corporation Rights Issue 2022. Banas Finance Rights Issue 2022 is listed on BSE while Maharashtra Corporation Rights Issue 2022 is listed on BSE.

	Banas Finance Limited	Maharashtra Corporation Iimíted
Logo
Listing At	BSE	BSE
Terms of Payment	The entire amount of the Issue Price of Rs 20 per Rights Equity Share shall be payable at the time of Application.	Investors will have to pay Rs 0.25 on application and Rs 0.75 will be paid in one or more subsequent Calls as determined by the Board at its sole discretion from time to time.
Entitlement	24 Rights Equity Shares for every 25 fully paid-up Equity Shares held on the Record Date	11 Rights Equity Shares for every 3 fully paid-up Equity Shares held on the Record Date
Application Form	Application Form	Application Form
Letter of Offer	Letter of Offer	Letter of Offer
Registrar	Purva Sharegistry India Pvt Ltd	Adroit Corporate Services Pvt Ltd
Lead Managers		Capitalsquare Advisors Private Limited

Rights Issue Size and Price

The issue size of Banas Finance Rights Issue 2022 rights issue is ₹49.25 Crores, whereas Maharashtra Corporation Rights Issue 2022 rights issue size is ₹49.62 Crores.

	Banas Finance Limited	Maharashtra Corporation Iimíted
Issue Size	2,46,22,781 shares	49,62,22,210 shares
Issue Size (Amount)	₹49.25 Crores	₹49.62 Crores
Issue Price	₹20 per share	₹1 per share
Face Value	₹10 per share	₹1 per share

Rights Issue Timetable

Find all the important dates related to the rights issue. The record date of Banas Finance Rights Issue 2022 is Jun 24, 2022 while record date of Maharashtra Corporation Rights Issue 2022 is Jul 08, 2022.

	Banas Finance Limited	Maharashtra Corporation Iimíted
Record Date	Jun 24, 2022	Jul 08, 2022
Credit of Rights Entitlements	Jul 04, 2022	Jul 15, 2022
Bid/Offer Opens On	Jul 05, 2022	Jul 19, 2022
Renunciation of Rights Entitlements	Jul 14, 2022	Jul 27, 2022
Bid/Offer Closes On	Jul 19, 2022	Aug 17, 2022
Deemed Date of Allotment	Jul 28, 2022	Aug 17, 2022
Credit Date	Aug 01, 2022	Aug 19, 2022
Listing Date	Aug 02, 2022	Aug 22, 2022

Financials details

Comparison of Banas Finance Rights Issue 2022 and Maharashtra Corporation Rights Issue 2022 financial data, including total revenue, PAT, and net worth. The table below also includes a list of all relevant documents like the Application Form and Letter of Offer. Related Parties like Lead Manager and Registrar are also mentioned in this section.

Banas Finance Limited

Maharashtra Corporation Iimíted

Financial

Summary of financial Information (Restated)
Particulars	For the year/period ended (Rs.in Lakhs)
	31-Mar-22	31-Mar-21
Total Assets	18,808.10	10,426.92
Total Income	10,094.86	1,446.99
Profit After Tax	6,917.79	1,165.91

Summary of financial Information
Particulars	For the year/period ended (Rs.in Lakhs)
	31-Mar-21	31-Mar-20
Total Assets	1,346.40	1,216.73
Total Income	41.79	1.910
Profit After Tax	0.56	-7.31

Compare with others

Banas Finance Limited	Maharashtra Corporation Iimíted
The Sandur Manganese & Iron Ores Rights Issue 2022	Mercury Metals Rights Issue 2022
PTC Industries Rights Issue 2022	KCL Infra Projects Rights Issue 2022
Naysaa Securities Rights Issue 2022	The Sandur Manganese & Iron Ores Rights Issue 2022
Maharashtra Corporation Rights Issue 2022	PTC Industries Rights Issue 2022
Anjani Portland Cement Rights Issue 2022	Naysaa Securities Rights Issue 2022
Kallam Textiles Rights Issue 2022	Anjani Portland Cement Rights Issue 2022
Saboo Sodium Chloro Rights Issue 2022	Banas Finance Rights Issue 2022
Satyam Silk Mills Rights Issue 2022	Kallam Textiles Rights Issue 2022
Davangere Sugar Rights Issue 2022	Saboo Sodium Chloro Rights Issue 2022
Integra Essentia Rights Issue 2022	Satyam Silk Mills Rights Issue 2022

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