Minda Industries Rights Issue vs Spencers Retail Rights Issue

Comparision between Minda Industries Rights Issue and Spencers Retail Rights Issue.

Rights Issue details

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

	Minda Industries Limited	Spencer's Retail Limited
Logo
Listing At	BSE, NSE	BSE, NSE
Terms of Payment	The full amount of Rs 250 per Rights Equity Share is payable on Application.	The full amount of Rs 75 per Rights Equity Share is payable on Application.
Entitlement	1 Rights Equity Share for every 27 Equity Shares held on the Record Date	2 Rights Equity Share for every 15 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	ICICI Securities Limited

Rights Issue Size and Price

The issue size of Minda Industries Rights Issue rights issue is ₹242.79 Crores, whereas Spencers Retail Rights Issue rights issue size is ₹79.53 Crores.

	Minda Industries Limited	Spencer's Retail Limited
Issue Size	97,11,739 shares	1,06,04,563 shares
Issue Size (Amount)	₹242.79 Crores	₹79.53 Crores
Issue Price	₹250 per share	₹75 per share
Face Value	₹2 per share	₹5 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 Spencers Retail Rights Issue is Jul 29, 2020.

	Minda Industries Limited	Spencer's Retail Limited
Record Date	Aug 17, 2020	Jul 29, 2020
Credit of Rights Entitlements
Bid/Offer Opens On	Aug 25, 2020	Aug 04, 2020
Renunciation of Rights Entitlements
Bid/Offer Closes On	Sep 08, 2020	Aug 18, 2020
Deemed Date of Allotment	Sep 17, 2020	Aug 25, 2020
Credit Date	Sep 18, 2020	Aug 26, 2020
Listing Date	Sep 22, 2020	Aug 27, 2020

Financials details

Comparison of Minda Industries Rights Issue and Spencers Retail 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

Spencer's Retail 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 (Restated)
Particulars	For the year/period ended (Rs in Million)
	31-Mar-20	31-Mar-19	31-Mar-18
Total Assets	15,939.07	12,797.50	12,226.27
Total Revenue	26,718.82	22,153.30	10,211.04
Profit After Tax	(1,307.84)	(90.36)	(198.90)

Compare with others

Minda Industries Limited	Spencer's Retail Limited
Mold-Tek Packaging Rights Issue	Shoppers Stop Rights Issue
EIH Ltd Rights Issue	Mold-Tek Packaging Rights Issue
Deepak Fertilisers Rights Issue	EIH Ltd Rights Issue
Rushil Decor Rights Issue	Deepak Fertilisers Rights Issue
Spencers Retail Rights Issue	Rushil Decor Rights Issue
Satin creditcare Rights Issue	Minda Industries Rights Issue
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