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Archidply Industries Buyback vs IIFL Securities Buyback

Comparision between Archidply Industries Buyback and IIFL Securities Buyback.

Buyback Details

Archidply Industries Buyback is a Tender Offer buyback proposed to list at BSE, NSE while IIFL Securities Buyback is a Open Market Through Stock Exchange proposed to list at BSE, NSE.

  Archidply Industries Limited IIFL Securities Limited
Logo Archidply Industries Buyback Logo IIFL Securities Buyback Logo
Type of Buyback Tender Offer Open Market Through Stock Exchange
Listing At BSE, NSE BSE, NSE
Face Value ₹10 per share ₹2 per share
Buyback Price ₹37 per share ₹54 per share
Issue Size 22,00,000 shares
Issue Size (Amount) ₹8.14 Crores ₹90.00 Crores
Buyback Ratio
Category Entitlement Ratio of Buyback
Reserved Category for Small Shareholders 31 Equity Shares out of every 311 Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders 30 Equity Shares out of every 301 Equity Shares held on the Record Date.
Registrar Skyline Financial Services Private Ltd Link Intime India Private Ltd
Lead Managers Fast Track Finsec Pvt Ltd Keynote Financial Services Ltd
Necessity of the buyback

The Buyback is being undertaken by the Company to:
i) Return surplus funds to its equity shareholders.
ii) Achieve optimal capital structure, and
iii) To help improve financial ratios like earnings per share and return on equity.

The Buyback is undertaken by the Company:
i) To help effectively utilize its available surplus cash.
ii) To enhance overall long term shareholder's value.

Buyback Timetable

Archidply Industries Buyback and IIFL Securities Buyback buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. Archidply Industries Buyback Buyback record date is Jan 19, 2021. IIFL Securities Buyback Buyback record date is .

  Archidply Industries Limited IIFL Securities Limited
Record Date Jan 19, 2021
Offer Open Date Feb 10, 2021 Dec 30, 2020
Offer Closure Date Feb 24, 2021 Jun 29, 2021
Last date for receipt of tender forms Feb 26, 2021
Finalisation of buyback Mar 04, 2021
Last Date for settlment of bids Mar 05, 2021
Last Date for extinguishment of shares Mar 13, 2021

Financial Details and Other Relevent Information

Comparison of Archidply Industries Buyback and IIFL Securities Buyback financial data. The table below also includes a list of all relevant information like Stock Market Data, Compay Information, Lead Manager and Registrar.

  Archidply Industries Limited IIFL Securities Limited
Financial
Summary of financial Information (standalone)
Particulars For the year/period ended (Rs. in Millions)
31-Mar-20 31-Mar-19 31-Mar-18
Total Income 2,684.81 3,319.90 3,116.62
Profit After Tax 37.78 44.63 25.09
Net Worth 887.83 1,363.74 1,319.20
Summary of financial Information (Consolidated)
Particulars For the year/period ended (Rs. in Crores)
31-Mar-20 31-Mar-19 31-Mar-18
Total Revenue 789.94 875.57 947.19
Profit After Tax 233.94 171.43 180.57
Stock price at BSE

Stock price at BSE (in preceding 3 months)

Month High Price Low Price Average Price
Dec-2020 35.05 26.60 29.30
Nov-2020 29.50 24.50 24.64
Oct-2020 26.90 21.00 24.87

Stock price at BSE (in preceding 3 months)

Month High Price Low Price Average Price
Nov-2020 47.00 37.00 42.00
Oct-2020 44.00 36.00 39.00
Sep-2020 46.00 36.00 39.00
Stock price at NSE

Stock price at NSE (in preceding 3 months)

Month High Price Low Price Average Price
Dec-2020 35.05 26.60 29.49
Nov-2020 29.50 25.05 26.86
Oct-2020 26.90 23.05 24.95

Stock price at NSE (in preceding 3 months)

Month High Price Low Price Average Price
Nov-2020 47.00 39.00 42.00
Oct-2020 44.00 37.00 39.00
Sep-2020 46.00 36.00 39.00

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