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Minda Industries Rights Issue vs Satin creditcare Rights Issue

Comparision between Minda Industries Rights Issue and Satin creditcare Rights Issue.

Rights Issue details

Find important information like Listing Exchange, Terms of payment and Entitlement Ratio for Minda Industries Rights Issue and Satin creditcare Rights Issue. Minda Industries Rights Issue is listed on BSE, NSE while Satin creditcare Rights Issue is listed on .

  Minda Industries Limited Satin Creditcare Network Limited
Logo Minda Industries Rights Issue Logo Satin creditcare Rights Issue Logo
Listing At BSE, NSE
Terms of Payment The full amount of Rs 250 per Rights Equity Share is payable on Application. On Application, Investors will have to pay Rs 15 per Rights Equity Share (25% of the Issue Price). The balance Rs 45 per Rights Equity Share (75% of the Issue Price), will have to be paid, on one or more subsequent Call(s), as determined by our Board/ Committee at its sole discretion, from time to time.
Entitlement 1 Rights Equity Share for every 27 Equity Shares held on the Record Date 48 Rights Equity Share for every 125 Equity Shares held on the Record Date
Application Form Application Form Application Form
Letter of Offer Letter of Offer Letter of Offer
Registrar Link Intime India Private Ltd Link Intime India Private Ltd
Lead Managers Axis Capital Limited

Equirus Capital Private Limited
Corporate Professionals Capital Private Ltd

Rights Issue Size and Price

The issue size of Minda Industries Rights Issue rights issue is ₹242.79 Crores, whereas Satin creditcare Rights Issue rights issue size is ₹119.90 Crores.

  Minda Industries Limited Satin Creditcare Network Limited
Issue Size 97,11,739 shares 1,99,82,667 shares
Issue Size (Amount) ₹242.79 Crores ₹119.90 Crores
Issue Price ₹250 per share ₹60 per share
Face Value ₹2 per share ₹10 per share

Rights Issue Timetable

Find all the important dates related to the rights issue. The record date of Minda Industries Rights Issue is Aug 17, 2020 while record date of Satin creditcare Rights Issue is Aug 05, 2020.

  Minda Industries Limited Satin Creditcare Network Limited
Record Date Aug 17, 2020 Aug 05, 2020
Credit of Rights Entitlements
Bid/Offer Opens On Aug 25, 2020 Aug 12, 2020
Renunciation of Rights Entitlements
Bid/Offer Closes On Sep 08, 2020 Aug 26, 2020
Deemed Date of Allotment Sep 17, 2020 Sep 07, 2020
Credit Date Sep 18, 2020 Sep 08, 2020
Listing Date Sep 22, 2020 Sep 11, 2020

Financials details

Comparison of Minda Industries Rights Issue and Satin creditcare Rights Issue 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.

  Minda Industries Limited Satin Creditcare Network Limited
Financial
Summary of financial Information (Consolidated)
Particulars For the year/period ended (Rs in Million)
31-Mar-20 31-Mar-19
Total Assets 48,388.50 42,306.30
Total Revenue 55,043.90 59,351.20
Profit After Tax 1,747.40 3,206.10
Summary of financial Information (Consolidated)
Particulars For the year/period ended (Rs in Million)
31-Mar-20 31-Mar-19
Total Assets 72,996.18 67,409.58
Total Revenue 15,034.32 14,451.43
Profit After Tax 1,549.73 2,014.96

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