Asahi Songwon Colors Buyback vs IndiaMART InterMESH Buyback

Comparision between Asahi Songwon Colors Buyback and IndiaMART InterMESH Buyback.

Buyback Details

Asahi Songwon Colors Buyback is a Tender Offer buyback proposed to list at BSE, NSE while IndiaMART InterMESH Buyback is a Tender Offer proposed to list at BSE, NSE.

Asahi Songwon Colors Limited

IndiaMART InterMESH Limited

Logo

Type of Buyback

Tender Offer

Listing At

BSE, NSE

Face Value

₹10 per share

Buyback Price

₹400 per share

₹6250 per share

Issue Size

2,40,000 shares

1,60,000 shares

Issue Size (Amount)

₹9.60 Crores

₹100.00 Crores

Buyback Ratio

Category	Entitlement Ratio of Buyback
Reserved Category for Small Shareholders	4 Equity Share out of every 119 Fully paid-up Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders	17 Equity Shares out of every 913 Fully paid-up Equity Shares held on the Record Date.

Category	Entitlement Ratio of Buyback
Reserved Category for Small Shareholders	1 Equity Share out of every 63 Fully paid-up Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders	4 Equity Shares out of every 861 Fully paid-up Equity Shares held on the Record Date.

Registrar

Link Intime India Private Ltd

Lead Managers

Systematix Corporate Services Limited

Ambit Private Limited

Necessity of the buyback

The buyback is being undertaken for the following reasons:

1. The Buyback would help in improving its return on equity, by reducing the equity base, thereby leading to a long term increase in shareholders' value.

2. The Buyback will help the company to distribute surplus cash to its shareholders holding Equity shares broadly to the proportion of their shareholding, thereby, enhancing the overall return to shareholders.

The buyback is being undertaken for the following reasons:

1. The Buyback will help the company to distribute surplus cash to its shareholders holding Equity shares broadly to the proportion of their shareholding, thereby, enhancing the overall return to shareholders.

2. The Buyback would help in improving its return on equity, by reducing the equity base, thereby leading to a long term increase in shareholders’ value.

Buyback Timetable

Asahi Songwon Colors Buyback and IndiaMART InterMESH Buyback buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. Asahi Songwon Colors Buyback Buyback record date is Jun 03, 2022. IndiaMART InterMESH Buyback Buyback record date is May 11, 2022.

	Asahi Songwon Colors Limited	IndiaMART InterMESH Limited
Record Date	Jun 03, 2022	May 11, 2022
Offer Open Date	Jun 22, 2022	Jun 02, 2022
Offer Closure Date	Jul 05, 2022	Jun 15, 2022
Last date for receipt of tender forms	Jul 05, 2022	Jun 15, 2022
Finalisation of buyback	Jul 12, 2022	Jun 23, 2022
Last Date for settlment of bids	Jul 13, 2022	Jun 24, 2022
Last Date for extinguishment of shares	Jul 20, 2022	Jul 01, 2022

Financial Details and Other Relevent Information

Comparison of Asahi Songwon Colors Buyback and IndiaMART InterMESH Buyback financial data. The table below also includes a list of all relevant information like Stock Market Data, Compay Information, Lead Manager and Registrar.

Asahi Songwon Colors Limited

IndiaMART InterMESH Limited

Financial

Summary of financial Information (Consolidated)
Particulars	For the year/period ended (Rs. in Lakhs)
	31-Mar-22	31-Mar-21	31-Mar-20
Total Income	41,626.44	28,339.04	28,442.40
Profit After Tax	1,465.07	3,194.62	2,282.63
Net Worth	24,237.49	22,722.48	20,945.02
Reserves and Surplus	23,034.76	21,519.75	19,717.79

Summary of financial Information (Consolidated)
Particulars	For the year/period ended (Rs. in Lakhs)
	31-Mar-22	31-Mar-21	31-Mar-20
Total Income	86,567.97	75,614.63	70,744.52
Profit After Tax	29,761.90	27,977.49	14,738.21
Net Worth	1,87,405.37	1,61,088.46	27,505.75

Stock price at BSE

Stock price at BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
May-2022	346.45	277.05	308.18
Apr-2022	309.35	257.25	276.02
Mar-2022	309.55	226.00	268.69

Stock price at BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Mar-2022	4879.75	3965.35	4409.07
Feb-2022	5379.90	4551.20	5000.63
Jan-2022	6902.00	4350.00	6189.47

Stock price at NSE

Stock price at NSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
May-2022	325.00	275.55	295.72
Apr-2022	348.00	278.00	307.95
Mar-2022	309.00	255.00	275.91

Stock price at NSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Mar-2022	4880.00	3960.00	4408.57
Feb-2022	5382.00	4555.00	5001.55
Jan-2022	6907.00	4301.10	6189.40

Compare with others

Asahi Songwon Colors Limited	IndiaMART InterMESH Limited
Avonmore Capital Buyback	Zydus Lifesciences Buyback
Birlasoft Limited Buyback	Asahi Songwon Colors Buyback
CL Educate Buyback	Motilal Oswal Financial Services Buyback
Cigniti Technologies Buyback	Matrimony.com Buyback
Zydus Lifesciences Buyback	SMC Global Securities Buyback
Motilal Oswal Financial Services Buyback	Sinclairs Hotels Buyback
Matrimony.com Buyback	Sarda Energy & Minerals Buyback
SMC Global Securities Buyback	UPL Limited Buyback 2022
IndiaMART InterMESH Buyback	GAIL (India) Buyback
Sinclairs Hotels Buyback	Filatex India Buyback

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