Ajanta Pharma Buyback vs AksharChem India Buyback

Comparision between Ajanta Pharma Buyback and AksharChem India Buyback.

Buyback Details

Ajanta Pharma Buyback is a Tender Offer buyback proposed to list at BSE, NSE while AksharChem India Buyback is a Tender Offer proposed to list at BSE, NSE.

Ajanta Pharma Limited

AksharChem (India) Limited

Logo

Type of Buyback

Tender Offer

Listing At

BSE, NSE

Face Value

₹2 per share

₹10 per share

Buyback Price

₹2550 per share

₹590 per share

Issue Size

11,20,000 shares

1,69,491 shares

Issue Size (Amount)

₹285.60 Crores

₹10.00 Crores

Buyback Ratio

Category	Entitlement Ratio of Buyback
Reserved Category for Small Shareholders	30 Equity Shares out of every 151 shares held on the record date.
General Category for all other Eligible Shareholders	1 Equity Shares out of every 91 shares held on the record date.

Category	Entitlement Ratio of Buyback
Reserved Category for Small Shareholders	13 Equity Shares out of every 563 fully paid-up Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders	17 Equity Shares out of every 838 fully paid-up Equity Shares held on the Record Date.

Registrar

Link Intime India Private Ltd

Lead Managers

Vivro Financial Services Private Limited

Necessity of the buyback

The Buyback aims to :
i) Distribute surplus funds to shareholders and thereby enhance their overall return.
ii) Improve financial ratios like Earnings per share (EPS), Return on assets (ROA) and Return on Equity (ROE).

Buyback Timetable

Ajanta Pharma Buyback and AksharChem India Buyback buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. Ajanta Pharma Buyback Buyback record date is Jan 14, 2022. AksharChem India Buyback Buyback record date is Nov 12, 2021.

	Ajanta Pharma Limited	AksharChem (India) Limited
Record Date	Jan 14, 2022	Nov 12, 2021
Offer Open Date	Feb 03, 2022	Dec 08, 2021
Offer Closure Date	Feb 16, 2022	Dec 21, 2021
Last date for receipt of tender forms	Feb 16, 2022	Dec 21, 2021
Finalisation of buyback	Feb 24, 2022	Dec 29, 2021
Last Date for settlment of bids	Feb 25, 2022	Dec 30, 2021
Last Date for extinguishment of shares	Mar 04, 2022	Jan 06, 2022

Financial Details and Other Relevent Information

Comparison of Ajanta Pharma Buyback and AksharChem India Buyback financial data. The table below also includes a list of all relevant information like Stock Market Data, Compay Information, Lead Manager and Registrar.

Ajanta Pharma Limited

AksharChem (India) Limited

Financial

Summary of financial Information Consolidated)
Particulars	For the year/period ended (Rs. in Crores)
	30-Sep-21	31-Mar-21	31-Mar-20
Total Income	1,694.96	2,915.67	2,680.06
Profit After Tax	369.69	653.87	467.70
Net Worth	3,358.90	2,995.63	2,598.87
Reserves and Surplus	3,341.51	2,978.24	2,581.33

Summary of financial Information standalone)
Particulars	For the year/period ended (Rs. in Millions)
	30-Sep-21	31-Mar-21	31-Mar-20	31-Mar-19
Total Income	1,789.62	2,476.11	2,611.97	3,282.32
Profit After Tax	79.97	125.00	157.22	225.89
Reserves & Surplus	2,756.18	2,705.19	2,571.09	2,489.99
Net Worth	2,883.21	2,787.22	2,653.12	2,572.02

Stock price at BSE

Stock price at BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Nov-2021	2239.10	2015.80	2136.74
Oct-2021	2366.30	2053.65	2213.24
Sep-2021	2340.00	2112.70	2199.31

Stock price at BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Oct-2021	613.50	406.25	509.17
Sep-2021	469.00	399.25	425.43
Aug-2021	490.00	386.10	435.56

Stock price at NSE

Stock price at NSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Nov-2021	2239.10	2000.00	2137.44
Oct-2021	2365.80	2053.65	2213.37
Sep-2021	2330.00	2110.00	2201.05

Stock price at NSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Oct-2021	613.70	404.30	508.70
Sep-2021	468.00	399.10	425.24
Aug-2021	490.00	385.00	436.17

Compare with others

Ajanta Pharma Limited	AksharChem (India) Limited
Mayur Uniquoters Buyback	Ajanta Pharma Buyback
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TCS Buyback	Weizmann Buyback
James Warren Tea Buyback	MOIL Buyback
Great Eastern Shipping Buyback	MPS Buyback
Cheviot Company Buyback	S H Kelkar Buyback
Weizmann Buyback	Nucleus Software Buyback
MOIL Buyback	Goldiam International Buyback
MPS Buyback	eClerx Services Limited Buyback
AksharChem India Buyback	Rishiroop Limited Buyback

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