Axita Cotton Buyback 2023 vs Emami Limited Buyback 2023

Comparision between Axita Cotton Buyback 2023 and Emami Limited Buyback 2023.

Buyback Details

Axita Cotton Buyback 2023 is a Tender Offer buyback proposed to list at BSE, NSE while Emami Limited Buyback 2023 is a Open Market Through Stock Exchange proposed to list at BSE, NSE.

	Axita Cotton Limited	Emami Limited
Logo
Type of Buyback	Tender Offer	Open Market Through Stock Exchange
Listing At	BSE, NSE	BSE, NSE
Face Value	₹1 per share	₹1 per share
Buyback Price	₹56 per share	₹450 per share
Issue Size	9,00,000 shares
Issue Size (Amount)	₹5.04 Crores	₹186.00 Crores
Buyback Ratio
Registrar	Skyline Financial Services Private Ltd	Maheshwari Datamatics Pvt. Ltd
Lead Managers	Beeline Capital Advisors Pvt Ltd	Iifl Securities Ltd
Necessity of the buyback	The buyback is a capital allocation decision taken by the company. 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 the longer term, and improving the return on equity.	The Buyback aims to: i) Return surplus cash to its Shareholders. ii) Reduce the outstanding number of equity shares and consequently increase earnings per share and book value per share. iii) Improve key return ratios like return on equity capital.

Buyback Timetable

Axita Cotton Buyback 2023 and Emami Limited Buyback 2023 buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. Axita Cotton Buyback 2023 Buyback record date is Jun 02, 2023. Emami Limited Buyback 2023 Buyback record date is .

	Axita Cotton Limited	Emami Limited
Record Date	Jun 02, 2023
Offer Open Date	Jun 08, 2023	Apr 13, 2023
Offer Closure Date	Jun 14, 2023	Jul 06, 2023
Last date for receipt of tender forms	Jun 14, 2023
Finalisation of buyback	Jun 21, 2023
Last Date for settlment of bids	Jun 21, 2023
Last Date for extinguishment of shares	Jul 03, 2023

Financial Details and Other Relevent Information

Comparison of Axita Cotton Buyback 2023 and Emami Limited Buyback 2023 financial data. The table below also includes a list of all relevant information like Stock Market Data, Compay Information, Lead Manager and Registrar.

Axita Cotton Limited

Emami Limited

Financial

Axita Cotton Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth
31-Mar-21	107.23	618.94	3.73	21.82
31-Mar-22	109.10	830.46	15.41	36.26
31-Mar-23		557.62	17.04	52.37
Amount in ₹ Crore

Emami Limited Financial Information (Restated Consolidated)
Period Ended	Total Revenue	Profit After Tax	Net Worth
31-Mar-20	2,711.95	302.30	1,823.75
31-Mar-21	2,950.80	454.71	1,762.65
31-Mar-22	3,287.28	836.67	2,076.59
Amount in ₹ Crore

Stock price at BSE

Stock price at BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Apr-2023	83.00	55.96	71.62
Mar-2023	58.43	50.60	52.35
Feb-2023	69.60	50.05	61.89

Stock price at BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Feb-2023	443.00	374.90	399.73
Jan-2023	449.20	414.45	430.35
Dec-2022	480.05	408.20	445.89

Stock price at NSE

Stock price at NSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Feb-2023	443.20	374.80	400.08
Jan-2023	440.80	414.00	429.56
Dec-2022	481.00	410.00	441.93

Compare with others

Axita Cotton Limited	Emami Limited
Indiamart Intermesh Buyback 2023	Amrutanjan Health Care Buyback 2023
James Warren Tea Buyback 2023	Axita Cotton Buyback 2023
Goldiam International Buyback 2023	Welspun India Buyback 2023
BSE Buyback July 2023	Wipro Buyback 2023
Amrutanjan Health Care Buyback 2023	Ashiana Housing Buyback 2023
Welspun India Buyback 2023	Godawari Power and Ispat Buyback 2023
Wipro Buyback 2023	Ajanta Pharma Buyback 2023
Ashiana Housing Buyback 2023	Natco Pharma Buyback 2023
Emami Limited Buyback 2023	Symphony Buyback
Godawari Power and Ispat Buyback 2023	TeamLease Services Buyback

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