Free Account Opening + AMC Free Demat
Loading...

Bharat Rasayan Buyback vs NIIT Buyback

Comparision between Bharat Rasayan Buyback and NIIT Buyback.

Buyback Details

Bharat Rasayan Buyback is a Tender Offer buyback proposed to list at NSE while NIIT Buyback is a Tender Offer proposed to list at BSE, NSE.

  Bharat Rasayan Limited NIIT Limited
Logo Bharat Rasayan Buyback Logo NIIT Buyback Logo
Type of Buyback Tender Offer Tender Offer
Listing At NSE BSE, NSE
Face Value ₹10 per share ₹2 per share
Buyback Price ₹11500 per share ₹240 per share
Issue Size 93,472 shares 98,75,000 shares
Issue Size (Amount) ₹107.49 Crores ₹237.00 Crores
Buyback Ratio
Category Entitlement Ratio of Buyback
Reserved Category for Small Shareholders 12 Equity Shares out of every 79 fully paid-up Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders 19 Equity Shares out of every 994 fully paid-up Equity Shares held on the Record Date.
Category Entitlement Ratio of Buyback
Reserved Category for Small Shareholders 102 Equity Shares for every 919 Equity Shares held on the Record Date
General Category for all other Eligible Shareholders 19 Equity Shares for every 292 Equity Shares held on the Record Date
Registrar Link Intime India Private Ltd Link Intime India Private Ltd
Lead Managers Corporate Professionals Capital Private Ltd Jm Financial Limited
Necessity of the buyback

The Buy-back is being undertaken by the Company to:
i) To return surplus funds to the Equity Shareholders; and
ii) To help improve financial ratios like earnings per share and return on equity, by reducing the equity base of the Company.

The Buyback is being undertaken by the Company to:
i) To return surplus funds to the Equity Shareholders; and
ii) To help improve financial ratios like earnings per share and return on equity, by reducing the equity capital of the Company.

Buyback Timetable

Bharat Rasayan Buyback and NIIT Buyback buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. Bharat Rasayan Buyback Buyback record date is Mar 05, 2021. NIIT Buyback Buyback record date is Feb 24, 2021.

  Bharat Rasayan Limited NIIT Limited
Record Date Mar 05, 2021 Feb 24, 2021
Offer Open Date Mar 26, 2021 Apr 12, 2021
Offer Closure Date Apr 12, 2021 Apr 28, 2021
Last date for receipt of tender forms Apr 14, 2021 Apr 30, 2021
Finalisation of buyback Apr 20, 2021 May 06, 2021
Last Date for settlment of bids Apr 22, 2021 May 07, 2021
Last Date for extinguishment of shares Apr 29, 2021 May 14, 2021

Financial Details and Other Relevent Information

Comparison of Bharat Rasayan Buyback and NIIT Buyback financial data. The table below also includes a list of all relevant information like Stock Market Data, Compay Information, Lead Manager and Registrar.

  Bharat Rasayan Limited NIIT 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 12,318.70 9,946.87 8,130.16
Profit After Tax 1,576.42 1,115.24 983.14
Net Worth 5,641.19 4,088.07 2,982.46
Summary of financial Information (consolidated)
Particulars For the year/period ended (Rs. in Lakhs)
31-Mar-20 31-Mar-19 31-Mar-18
Total Income 1,00,598 87,136 85,909
Profit After Tax 1,32,718 8,720 6,368
Net Worth 96,292 28,350 18,938
Stock price at BSE

Stock price at BSE (in preceding 3 months)

Month High Price Low Price Average Price
Jan-2021 205.95 187.65 198.63
Dec-2020 207.35 168.75 182.88
Nov-2020 190.35 131.50 153.42
Stock price at NSE

Stock price at NSE (in preceding 3 months)

Month High Price Low Price Average Price
Jan-2021 10758.00 9386.00 10207.92
Dec-2020 10190.00 8700.00 9651.52
Nov-2020 9900.00 8500.00 9115.15

Stock price at NSE (in preceding 3 months)

Month High Price Low Price Average Price
Jan-2021 206.15 187.60 198.60
Dec-2020 207.30 168.85 182.97
Nov-2020 190.50 131.50 153.43

Comments

Add a public comment...