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Chaman Lal Setia Exports Buyback 2024 vs Mayur Uniquoters Buyback 2024

Comparision between Chaman Lal Setia Exports Buyback 2024 and Mayur Uniquoters Buyback 2024.

Buyback Details

Chaman Lal Setia Exports Buyback 2024 is a Tender Offer buyback proposed to list at BSE, NSE while Mayur Uniquoters Buyback 2024 is a Tender Offer proposed to list at BSE, NSE.

  Chaman Lal Setia Exports Ltd. Mayur Uniquoters Ltd.
Logo Chaman Lal Setia Exports Buyback 2024 Logo Mayur Uniquoters Buyback 2024 Logo
Type of Buyback Tender Offer Tender Offer
Listing At BSE, NSE BSE, NSE
Face Value ₹2 per share ₹5 per share
Buyback Price ₹300 per share ₹800 per share
Issue Size 20,07,930 shares 5,00,000 shares
Issue Size (Amount) ₹60.24 Crores ₹40.00 Crores
Buyback Ratio
CategoryEntitlement Ratio of BuybackShares Offered
Reserved Category for Small Shareholders21 Equity Shares out of every 251 Fully paid-up Equity Shares held on the Record Date.3,01,190
General Category for all other Eligible Shareholders24 Equity Shares out of every 677 Fully paid-up Equity Shares held on the Record Date.17,06,740
CategoryEntitlement Ratio of BuybackShares Offered
Reserved Category for Small Shareholders1 Equity Shares out of every 27 Fully paid-up Equity Shares held on the Record Date.75,000.00
General Category for all other Eligible Shareholders3 Equity Shares out of every 296 Fully paid-up Equity Shares held on the Record Date.425,000.00
Registrar Beetal Financial & Computer Services (P) Limited Beetal Financial & Computer Services (P) Limited
Lead Managers Corporate Professionals Capital Private Ltd D And A Financial Services Private Ltd
Necessity of the buyback

The Buy-Back is being undertaken, inter-alia, for the following reasons:

  1. The buyback will help the company to distribute surplus cash to its shareholders holding equity shares broadly in proportion to their shareholding, thereby, enhancing the overall return to shareholders.
  2. The buyback is expected to improve return on equity through the distribution of cash and improve earnings per share by reducing the equity base; thereby increasing the long-term shareholder's value.
  3. The buyback gives an option to the shareholders holding equity shares of the company, either to sell their equity shares and receive cash or not to sell their equity shares and get a resultant increase in their percentage shareholding, post the buyback offer, without additional investment.
  4. The buyback, which is being implemented through the tender offer as prescribed under the buyback regulations, would involve a minimum reservation of 15% for small shareholders and allocation of a higher number of shares as per their entitlement or 15% of the number of shares to be bought back, reserved for the small shareholders. The company believes that this reservation for small shareholders would benefit many public shareholders, who would be classified as small shareholders.
    The buyback would help in improving financial ratios like earnings per share and return on equity, by reducing the equity base of the company.

The buy-back of equity shares, through the tender offer route, is being implemented in keeping with the company's desire to enhance overall shareholder value. The buy-back would reduce the outstanding number of equity shares and may consequently increase earnings per equity share over time. This would, in turn, lead to improvement in return on net worth and other financial ratios and contribute to maximization of overall shareholders' value.

  1. The Buy-back gives an option to the equity shareholders to either participate in the Buy-back and receive cash instead of Equity Shares accepted under the Buy-back or not participate in the Buy-back and enjoy a resultant increase in their percentage of shareholding in the Company post the Buy-back;
  2. The Buy-back would help in improving certain key financial ratios of the Company;
  3. The Buy-back, implemented through the Tender Offer route as prescribed under the Buyback Regulations, would involve a reservation for small shareholders as defined in this Regulation.

Buyback Timetable

Chaman Lal Setia Exports Buyback 2024 and Mayur Uniquoters Buyback 2024 buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. Chaman Lal Setia Exports Buyback 2024 Buyback record date is Aug 19, 2024. Mayur Uniquoters Buyback 2024 Buyback record date is Aug 23, 2024.

  Chaman Lal Setia Exports Ltd. Mayur Uniquoters Ltd.
Record Date Aug 19, 2024 Aug 23, 2024
Offer Open Date Aug 23, 2024 Aug 29, 2024
Offer Closure Date Aug 29, 2024 Sep 04, 2024
Last date for receipt of tender forms Aug 29, 2024 Sep 04, 2024
Finalisation of buyback Sep 04, 2024 Sep 10, 2024
Last Date for settlment of bids Sep 05, 2024 Sep 11, 2024
Last Date for extinguishment of shares Sep 17, 2024 Sep 23, 2024

Financial Details and Other Relevent Information

Comparison of Chaman Lal Setia Exports Buyback 2024 and Mayur Uniquoters Buyback 2024 financial data. The table below also includes a list of all relevant information like Stock Market Data, Compay Information, Lead Manager and Registrar.

  Chaman Lal Setia Exports Ltd. Mayur Uniquoters Ltd.
Financial

Chaman Lal Setia Exports Limited Financial Information (Restated Standalone)

Chaman Lal Setia Exports Limited's revenue decreased by -2% and profit after tax (PAT) dropped by -2% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets
Revenue1,365.21,398.82936.36
Profit After Tax115.64117.6764.98
Amount in ₹ Crore

Mayur Uniquoters Ltd. Financial Information (Restated Consolidated)

Mayur Uniquoters Ltd.'s revenue increased by 5% and profit after tax (PAT) rose by 18% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets871.04821.93
Revenue834.83793.38676.82
Profit After Tax122.47104.2194.37
Reserves and Surplus742.25696.75
Amount in ₹ Crore
Stock price at BSE

Stock price at BSE (in preceding 3 months)

Month High Price Low Price Average Price
Jul-2024 237.20 202.75 220.11
Jun-2024 223.05 185.00 208.47
May-2024 233.00 199.40 217.73

Stock price at BSE (in preceding 3 months)

Month High Price Low Price Average Price
Jul-2024 684.40 575.00 628.60
Jun-2024 695.00 488.00 611.31
May-2024 578.10 496.05 527.10
Stock price at NSE

Stock price at NSE (in preceding 3 months)

Month High Price Low Price Average Price
Jul-2024 237.50 203.29 223.30
Jun-2024 223.50 183.35 208.40
May-2024 233.40 197.75 217.15

Stock price at NSE (in preceding 3 months)

Month High Price Low Price Average Price
Jul-2024 685.00 577.45 628.93
Jun-2024 695.85 486.95 611.62
May-2024 577.80 497.65 527.49

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