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Archidply Industries Buyback vs Industrial and Prudential Investment Buyback

Comparision between Archidply Industries Buyback and Industrial and Prudential Investment Buyback.

Buyback Details

Archidply Industries Buyback is a Tender Offer buyback proposed to list at BSE, NSE while Industrial and Prudential Investment Buyback is a Tender Offer proposed to list at BSE.

  Archidply Industries Limited Industrial and Prudential Investment Company Limited
Logo Archidply Industries Buyback Logo Industrial and Prudential Investment Buyback Logo
Type of Buyback Tender Offer Tender Offer
Listing At BSE, NSE BSE
Face Value ₹10 per share ₹10 per share
Buyback Price ₹37 per share ₹1200 per share
Issue Size 22,00,000 shares 69,500 shares
Issue Size (Amount) ₹8.14 Crores ₹8.34 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.
Category Entitlement Ratio of Buyback
Reserved Category for Small Shareholders 13 Equity Shares out of every 86 Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders 3 Equity Shares out of every 85 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 Inga Ventures Pvt 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 after taking into account it's strategic and operational
cash needs to:
i) Return surplus funds to the equity shareholders.
ii) Service the Equity more efficiently.

Buyback Timetable

Archidply Industries Buyback and Industrial and Prudential Investment 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. Industrial and Prudential Investment Buyback Buyback record date is Jan 01, 2021.

  Archidply Industries Limited Industrial and Prudential Investment Company Limited
Record Date Jan 19, 2021 Jan 01, 2021
Offer Open Date Feb 10, 2021 Feb 04, 2021
Offer Closure Date Feb 24, 2021 Feb 17, 2021
Last date for receipt of tender forms Feb 26, 2021 Feb 22, 2021
Finalisation of buyback Mar 04, 2021 Feb 26, 2021
Last Date for settlment of bids Mar 05, 2021 Mar 01, 2021
Last Date for extinguishment of shares Mar 13, 2021 Mar 08, 2021

Financial Details and Other Relevent Information

Comparison of Archidply Industries Buyback and Industrial and Prudential Investment 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 Industrial and Prudential Investment Company 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 (standalone)
Particulars For the year/period ended (Rs. in Millions)
31-Mar-20 31-Mar-19 31-Mar-18
Total Income 121.62 97.70 92.05
Profit After Tax 86.78 86.25 82.38
Net Worth 522.95 463.29 384.75
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 1042.00 813.20 963.79
Oct-2020 900.00 811.00 844.77
Sep-2020 911.00 802.35 876.29
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

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