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Rainbow Foundations Rights Issue vs Tilak Ventures Rights Issue

Comparision between Rainbow Foundations Rights Issue and Tilak Ventures Rights Issue.

Rights Issue details

Find important information like Listing Exchange, Terms of payment and Entitlement Ratio for Rainbow Foundations Rights Issue and Tilak Ventures Rights Issue. Rainbow Foundations Rights Issue is listed on BSE while Tilak Ventures Rights Issue is listed on BSE.

  Rainbow Foundations Limited Tilak Ventures Limited
Logo Rainbow Foundations Rights Issue Logo Tilak Ventures Rights Issue Logo
Listing At BSE BSE
Terms of Payment

Investors will have to pay the full amount of Rs 11 on the application.

50% of the Issue Price i.e. Rs. 2.50/- per Rights Equity Share shall be payable at the time of application and the balance of 50% of the Issue Price i.e. Rs. 2.50/- per Rights Equity Share shall be payable in one or more subsequent calls as determined by the Board from time to time.
Entitlement 8 Rights Equity Shares for every 1 fully paid-up Equity Shares held on the Record Date 3 right shares for every 4 fully equity shares held on the record date
Application Form Application Form Application Form
Letter of Offer Letter of Offer Letter of Offer
Registrar Cameo Corporate Services Limited Link Intime India Private Ltd
Lead Managers Turnaround Corporate Advisors Private Limited Capitalsquare Advisors Private Limited

Rights Issue Size and Price

The issue size of Rainbow Foundations Rights Issue rights issue is ₹48.52 Crores, whereas Tilak Ventures Rights Issue rights issue size is ₹48.18 Crores.

  Rainbow Foundations Limited Tilak Ventures Limited
Issue Size 4,41,04,800 shares 9,63,60,000 shares
Issue Size (Amount) ₹48.52 Crores ₹48.18 Crores
Issue Price ₹11 per share ₹5 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 Rainbow Foundations Rights Issue is Mar 11, 2022 while record date of Tilak Ventures Rights Issue is Feb 18, 2022.

  Rainbow Foundations Limited Tilak Ventures Limited
Record Date Mar 11, 2022 Feb 18, 2022
Credit of Rights Entitlements Mar 17, 2022 Feb 25, 2022
Bid/Offer Opens On Mar 25, 2022 Feb 28, 2022
Renunciation of Rights Entitlements Apr 11, 2022 Mar 08, 2022
Bid/Offer Closes On Apr 18, 2022 Mar 15, 2022
Deemed Date of Allotment Apr 26, 2022 Mar 28, 2022
Credit Date Apr 28, 2022 Mar 29, 2022
Listing Date May 02, 2022 Apr 05, 2022

Financials details

Comparison of Rainbow Foundations Rights Issue and Tilak Ventures 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.

  Rainbow Foundations Limited Tilak Ventures Limited
Financial
Summary of financial Information (Consolidated)
Particulars For the year/period ended (Rs.in Lakhs)
  31-Mar-21 31-Mar-20
Total Assets 30,286.55 27,791.10
Total Income 3,768.32 2,915.97
Profit After Tax 114.38 170.13
Summary of financial Information (Standalone)
Particulars For the year/period ended (Rs.in Millions)
  30-Sep-21 31-Mar-21
Total Assets 286.33 278.87
Total Income 2.73 51.13
Profit After Tax 2.15 13.65

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