Balrampur Chini Mills Buyback vs Welspun India Buyback

Comparision between Balrampur Chini Mills Buyback and Welspun India Buyback.

Buyback Details

Balrampur Chini Mills Buyback is a Open Market Through Stock Exchange buyback proposed to list at BSE, NSE while Welspun India Buyback is a Tender Offer proposed to list at BSE, NSE.

Balrampur Chini Mills Limited

Welspun India Limited

Logo

Type of Buyback

Open Market Through Stock Exchange

Tender Offer

Listing At

BSE, NSE

Face Value

₹1 per share

Buyback Price

₹410 per share

₹120 per share

Issue Size

1,66,66,666 shares

Issue Size (Amount)

₹215.25 Crores

₹200.00 Crores

Buyback Ratio

Category	Entitlement Ratio of Buyback
Reserved Category for Small Shareholders	43 Equity Shares out of every 469 fully paid-up Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders	1 Equity Shares out of every 69 fully paid-up Equity Shares held on the Record Date.

Registrar

Kfin Technologies Limited

Link Intime India Private Ltd

Lead Managers

Axis Capital Limited

Dam Capital Advisors Ltd (Formerly Idfc Securities Ltd)

Necessity of the buyback

The Buyback aims to :
i) Optimize returns to shareholders.
ii) Enhance overall shareholder value.
iii) Optimize the capital structure.

The Buyback aims to :
i) Return surplus cash to the shareholders and enhance overall return to the shareholders.
ii) Improve Return on Equity, Earnings per share, enhance return on invested capital, and thereby enhance shareholder value in the long term.

Buyback Timetable

Balrampur Chini Mills Buyback and Welspun India Buyback buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. Balrampur Chini Mills Buyback Buyback record date is . Welspun India Buyback Buyback record date is May 26, 2021.

	Balrampur Chini Mills Limited	Welspun India Limited
Record Date		May 26, 2021
Offer Open Date	Aug 17, 2021	Jun 22, 2021
Offer Closure Date	Feb 16, 2022	Jul 05, 2021
Last date for receipt of tender forms		Jul 07, 2021
Finalisation of buyback		Jul 13, 2021
Last Date for settlment of bids		Jul 14, 2021
Last Date for extinguishment of shares		Jul 21, 2021

Financial Details and Other Relevent Information

Comparison of Balrampur Chini Mills Buyback and Welspun India Buyback financial data. The table below also includes a list of all relevant information like Stock Market Data, Compay Information, Lead Manager and Registrar.

Balrampur Chini Mills Limited

Welspun India Limited

Financial

Summary of financial Information (standalone)
Particulars	For the year/period ended (Rs. in Millions)
	31-Mar-21	31-Mar-20	31-Mar-19
Total Income	48,451.05	47,798.40	43,285.20
Profit After Tax	4,697.72	5,092.81	5,706.38
Net Worth	24,804.42	22,874.96	20,011.01

Summary of financial Information standalone)
Particulars	For the year/period ended (Rs. in Millions)
	31-Mar-21	31-Mar-20	31-Mar-19
Total Income	60,395.66	53,667.09	54,783.04
Profit After Tax	5,266.70	4,748.92	1,417.65
Net Worth	31,433.21	26,117.12	22,942.79

Stock price at BSE

Stock price at BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Jul-2021	387.10	327.50	349.21
Jun-2021	370.00	294.35	338.20
May-2021	348.95	276.95	310.21

Stock price at BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Apr-2021	87.90	75.55	80.30
Mar-2021	87.60	67.35	77.50
Feb-2021	74.90	65.70	68.60

Stock price at NSE

Stock price at NSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Jul-2021	386.80	327.30	349.13
Jun-2021	370.00	294.40	338.27
May-2021	349.15	276.40	310.24

Stock price at NSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Apr-2021	87.50	75.55	80.40
Mar-2021	87.60	67.40	77.60
Feb-2021	75.00	65.40	68.60

Compare with others

Balrampur Chini Mills Limited	Welspun India Limited
Star Cement Buyback	Rsystems Buyback
Gandhi Special Tubes Limited Buyback	Kaveri Seed Buyback
Shriram Pistons & Rings Buyback	Balrampur Chini Mills Buyback
Rsystems Buyback	Tanla Platforms Buyback
Kaveri Seed Buyback	Infosys Buyback
Tanla Platforms Buyback	Navneet Education Buyback
Infosys Buyback	Infobeans Technologies Buyback
Welspun India Buyback	Quick Heal Technologies Buyback
Navneet Education Buyback	SIS Buyback
Infobeans Technologies Buyback	Smartlink Holdings Buyback

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