Archidply Industries Buyback vs Engineers India Buyback

Comparision between Archidply Industries Buyback and Engineers India Buyback.

Buyback Details

Archidply Industries Buyback is a Tender Offer buyback proposed to list at BSE, NSE while Engineers India Buyback is a Tender Offer proposed to list at BSE, NSE.

Archidply Industries Limited

Engineers India Limited

Logo

Type of Buyback

Tender Offer

Listing At

BSE, NSE

Face Value

₹10 per share

₹5 per share

Buyback Price

₹37 per share

₹84 per share

Issue Size

22,00,000 shares

6,98,69,047 shares

Issue Size (Amount)

₹8.14 Crores

₹586.90 Crores

Buyback Ratio

Category	Entitlement Ratio of Buyback
Reserved Category for Small Shareholders	31 Equity Shares out of every 311 Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders	30 Equity Shares out of every 301 Equity Shares held on the Record Date.

Category	Entitlement Ratio of Buyback
Reserved Category for Small Shareholders	119 Equity Shares out of every 828 fully paid-up Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders	80 Equity Shares out of every 753 fully paid-up Equity Shares held on the Record Date.

Registrar

Skyline Financial Services Private Ltd

Alankit Assignments Ltd

Lead Managers

Fast Track Finsec Pvt Ltd

Idbi Capital Market Services Limited

Necessity of the buyback

The Buyback is being undertaken by the Company to:
i) Return surplus funds to its equity shareholders.
ii) Achieve optimal capital structure, and
iii) To help improve financial ratios like earnings per share and return on equity.

The Buyback offered is undertaken by the Company:
i) To return surplus cash to its members.
ii) To help improve return on equity and thus increase shareholder's value.
iii) To optimize the capital structure.

Buyback Timetable

Archidply Industries Buyback and Engineers India Buyback buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. Archidply Industries Buyback Buyback record date is Jan 19, 2021. Engineers India Buyback Buyback record date is Jan 01, 2021.

	Archidply Industries Limited	Engineers India Limited
Record Date	Jan 19, 2021	Jan 01, 2021
Offer Open Date	Feb 10, 2021	Jan 22, 2021
Offer Closure Date	Feb 24, 2021	Feb 05, 2021
Last date for receipt of tender forms	Feb 26, 2021	Feb 08, 2021
Finalisation of buyback	Mar 04, 2021	Feb 12, 2021
Last Date for settlment of bids	Mar 05, 2021	Feb 15, 2021
Last Date for extinguishment of shares	Mar 13, 2021	Feb 22, 2021

Financial Details and Other Relevent Information

Comparison of Archidply Industries Buyback and Engineers 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.

Archidply Industries Limited

Engineers India 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	2,684.81	3,319.90	3,116.62
Profit After Tax	37.78	44.63	25.09
Net Worth	887.83	1,363.74	1,319.20

Summary of financial Information (standalone)
Particulars	For the year/period ended (Rs. in Crores)
	31-Mar-20	31-Mar-19	31-Mar-18
Total Revenue	3,461.09	2,669.42	1,967.05
Profit After Tax	430.24	370.07	377.87
Net Worth	2,345.46	2,275.85	2,267.87

Stock price at BSE

Stock price at BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Dec-2020	35.05	26.60	29.30
Nov-2020	29.50	24.50	24.64
Oct-2020	26.90	21.00	24.87

Stock price at BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Nov-2020	74.95	63.90	69.75
Oct-2020	69.00	60.50	64.30
Sep-2020	72.25	63.45	66.25

Stock price at NSE

Stock price at NSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Dec-2020	35.05	26.60	29.49
Nov-2020	29.50	25.05	26.86
Oct-2020	26.90	23.05	24.95

Stock price at NSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Nov-2020	74.95	63.80	69.76
Oct-2020	69.00	60.40	64.29
Sep-2020	72.30	63.50	66.21

Compare with others

Archidply Industries Limited	Engineers India Limited
Neelamalai Agro Buyback	Atul Buyback
VRL Logistics Buyback	Freshtrop Fruits Buyback
Anup Engineering Buyback	Archidply Industries Buyback
Atul Buyback	Industrial and Prudential Investment Buyback
Freshtrop Fruits Buyback	Jullundur Motor Agency Buyback
Industrial and Prudential Investment Buyback	IIFL Securities Buyback
Jullundur Motor Agency Buyback	Rane Brake Buyback
Engineers India Buyback	HPCL Buyback
IIFL Securities Buyback	Sreeleathers Buyback
Rane Brake Buyback	Garware Technical Buyback

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