Asahi Songwon Colors Buyback vs CL Educate Buyback

Comparision between Asahi Songwon Colors Buyback and CL Educate Buyback.

Buyback Details

Asahi Songwon Colors Buyback is a Tender Offer buyback proposed to list at BSE, NSE while CL Educate Buyback is a Open Market Through Stock Exchange proposed to list at BSE, NSE.

Asahi Songwon Colors Limited

CL Educate Limited

Logo

Type of Buyback

Tender Offer

Open Market Through Stock Exchange

Listing At

BSE, NSE

Face Value

₹10 per share

₹5 per share

Buyback Price

₹400 per share

₹170 per share

Issue Size

2,40,000 shares

Issue Size (Amount)

₹9.60 Crores

₹10.00 Crores

Buyback Ratio

Category	Entitlement Ratio of Buyback
Reserved Category for Small Shareholders	4 Equity Share out of every 119 Fully paid-up Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders	17 Equity Shares out of every 913 Fully paid-up Equity Shares held on the Record Date.

Registrar

Link Intime India Private Ltd

Kfin Technologies Limited

Lead Managers

Systematix Corporate Services Limited

V B Desai Financial Services Limited

Necessity of the buyback

The buyback is being undertaken for the following reasons:

1. 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.

2. 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.

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

1. The Buyback will help the Company to return surplus cash to its shareholders holding Equity Shares.

2. The Buyback may help in improving return on equity.

Buyback Timetable

Asahi Songwon Colors Buyback and CL Educate Buyback buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. Asahi Songwon Colors Buyback Buyback record date is Jun 03, 2022. CL Educate Buyback Buyback record date is .

	Asahi Songwon Colors Limited	CL Educate Limited
Record Date	Jun 03, 2022
Offer Open Date	Jun 22, 2022	May 27, 2022
Offer Closure Date	Jul 05, 2022	Jul 29, 2022
Last date for receipt of tender forms	Jul 05, 2022
Finalisation of buyback	Jul 12, 2022
Last Date for settlment of bids	Jul 13, 2022
Last Date for extinguishment of shares	Jul 20, 2022

Financial Details and Other Relevent Information

Comparison of Asahi Songwon Colors Buyback and CL Educate Buyback financial data. The table below also includes a list of all relevant information like Stock Market Data, Compay Information, Lead Manager and Registrar.

Asahi Songwon Colors Limited

CL Educate Limited

Financial

Summary of financial Information (Consolidated)
Particulars	For the year/period ended (Rs. in Lakhs)
	31-Mar-22	31-Mar-21	31-Mar-20
Total Income	41,626.44	28,339.04	28,442.40
Profit After Tax	1,465.07	3,194.62	2,282.63
Net Worth	24,237.49	22,722.48	20,945.02
Reserves and Surplus	23,034.76	21,519.75	19,717.79

Summary of financial Information (Consolidated)
Particulars	For the year/period ended (Rs. in Lakhs)
	31-Mar-22	31-Mar-21	31-Mar-20
Total Income	21,616.38	19,190.57	32,398.03
Profit After Tax	1,379.06	-1,260.28	-5,480.91
Net Worth	26,163.49	24,710.89	25,920.40
Reserves and Surplus	24,746.92	23,294.32	24,503.83

Stock price at BSE

Stock price at BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
May-2022	346.45	277.05	308.18
Apr-2022	309.35	257.25	276.02
Mar-2022	309.55	226.00	268.69

Stock price at BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Apr-2022	170.30	118.10	147.40
Mar-2022	145.70	113.00	131.16
Feb-2022	137.00	98.55	112.83

Stock price at NSE

Stock price at NSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
May-2022	325.00	275.55	295.72
Apr-2022	348.00	278.00	307.95
Mar-2022	309.00	255.00	275.91

Stock price at NSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Apr-2022	170.25	118.50	144.33
Mar-2022	146.00	110.00	129.45
Feb-2022	137.95	98.00	116.31

Compare with others

Asahi Songwon Colors Limited	CL Educate Limited
Avonmore Capital Buyback	Marksans Pharma Buyback
Birlasoft Limited Buyback	Bajaj Auto Buyback
CL Educate Buyback	Route Mobile Buyback
Cigniti Technologies Buyback	Avonmore Capital Buyback
Zydus Lifesciences Buyback	Birlasoft Limited 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	Motilal Oswal Financial Services Buyback
Sinclairs Hotels Buyback	Matrimony.com Buyback

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