Avonmore Capital Buyback vs Zydus Lifesciences Buyback

Comparision between Avonmore Capital Buyback and Zydus Lifesciences Buyback.

Buyback Details

Avonmore Capital Buyback is a Tender Offer buyback proposed to list at BSE, NSE while Zydus Lifesciences Buyback is a Tender Offer proposed to list at BSE, NSE.

Avonmore Capital & Management Services Limited

Zydus Lifesciences Limited

Logo

Type of Buyback

Tender Offer

Listing At

BSE, NSE

Face Value

₹10 per share

₹1 per share

Buyback Price

₹95 per share

₹650 per share

Issue Size

9,17,680 shares

1,15,38,461 shares

Issue Size (Amount)

₹8.72 Crores

₹750.00 Crores

Buyback Ratio

Category	Entitlement Ratio of Buyback
Reserved Category for Small Shareholders	36 Equity Share out of every 361 Fully paid-up Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders	5 Equity Shares out of every 147 Fully paid-up Equity Shares held on the Record Date.

Category	Entitlement Ratio of Buyback
Reserved Category for Small Shareholders	26 Equity Share out of every 503 Fully paid-up Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders	1 Equity Shares out of every 101 Fully paid-up Equity Shares held on the Record Date.

Registrar

Beetal Financial & Computer Services (P) Limited

Link Intime India Private Ltd

Lead Managers

Corporate Capitalventures Pvt Ltd

ICICI Securities Limited

Necessity of the buyback

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.

The buyback is being undertaken for the following reason:

1. The Buyback will help the Company to distribute a part of the surplus cash to its shareholders holding Equity Shares thereby, optimizing returns to the shareholders and enhancing the overall shareholders' value in longer term and improving the return on equity.

Buyback Timetable

Avonmore Capital Buyback and Zydus Lifesciences Buyback buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. Avonmore Capital Buyback Buyback record date is Jun 15, 2022. Zydus Lifesciences Buyback Buyback record date is Jun 02, 2022.

	Avonmore Capital & Management Services Limited	Zydus Lifesciences Limited
Record Date	Jun 15, 2022	Jun 02, 2022
Offer Open Date	Jul 04, 2022	Jun 23, 2022
Offer Closure Date	Jul 15, 2022	Jul 06, 2022
Last date for receipt of tender forms	Jul 18, 2022	Jul 06, 2022
Finalisation of buyback	Jul 22, 2022	Jul 14, 2022
Last Date for settlment of bids	Jul 25, 2022	Jul 15, 2022
Last Date for extinguishment of shares	Aug 01, 2022	Jul 22, 2022

Financial Details and Other Relevent Information

Comparison of Avonmore Capital Buyback and Zydus Lifesciences Buyback financial data. The table below also includes a list of all relevant information like Stock Market Data, Compay Information, Lead Manager and Registrar.

Avonmore Capital & Management Services Limited

Zydus Lifesciences Limited

Financial

Summary of financial Information (Consolidated)
Particulars	For the year/period ended (Rs. in Lakh)
	31-Mar-22	31-Mar-21	31-Mar-20
Total Income	8,719.44	7,201.70	7,218.71
Profit After Tax	4,045.02	2,977.74	1,805.27
Net Worth	28,425.92	24,346.62	21,264.59
Reserve and Surplus	18,133.11	14,866.17	12,604.68

Summary of financial Information (Consolidated)
Particulars	For the year/period ended (Rs. in Million)
	31-Mar-22	31-Mar-21	31-Mar-20
Total Income	1,54,899	1,51,394	1,43,670
Profit After Tax	23,726	21,850	12,044
Net Worth	1,69,996	1,29,923	1,03,757

Stock price at BSE

Stock price at BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Nov-2021	52.85	40.20	46.82
Dec-2021	77.80	48.00	67.54
Jan-2022	84.90	62.00	68.97

Stock price at BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Apr-2022	376.60	337.70	359.37
Mar-2022	379.00	331.00	359.62
Feb-2022	420.50	343.00	385.95

Stock price at NSE

Stock price at NSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Apr-2022	376.70	337.55	359.43
Mar-2022	378.60	331.55	359.63
Feb-2022	420.55	342.85	385.99

Compare with others

Avonmore Capital & Management Services Limited	Zydus Lifesciences Limited
CARE Ratings Buyback	Route Mobile Buyback
Techno Electric Buyback	Avonmore Capital Buyback
Marksans Pharma Buyback	Birlasoft Limited Buyback
Bajaj Auto Buyback	CL Educate Buyback
Route Mobile Buyback	Cigniti Technologies 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
Asahi Songwon Colors Buyback	IndiaMART InterMESH Buyback

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