Freshtrop Fruits Buyback vs Industrial and Prudential Investment Buyback

Comparision between Freshtrop Fruits Buyback and Industrial and Prudential Investment Buyback.

Buyback Details

Freshtrop Fruits Buyback is a Open Market Through Stock Exchange buyback proposed to list at BSE while Industrial and Prudential Investment Buyback is a Tender Offer proposed to list at BSE.

Freshtrop Fruits Limited

Industrial and Prudential Investment Company Limited

Logo

Type of Buyback

Open Market Through Stock Exchange

Tender Offer

Listing At

BSE

Face Value

₹10 per share

Buyback Price

₹90 per share

₹1200 per share

Issue Size

69,500 shares

Issue Size (Amount)

₹6.75 Crores

₹8.34 Crores

Buyback Ratio

Category	Entitlement Ratio of Buyback
Reserved Category for Small Shareholders	13 Equity Shares out of every 86 Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders	3 Equity Shares out of every 85 Equity Shares held on the Record Date.

Registrar

Bigshare Services Pvt Ltd

Link Intime India Private Ltd

Lead Managers

Chartered Capital And Investment Limited

Inga Ventures Pvt Ltd

Necessity of the buyback

The Buyback is undertaken by the Company to:
i) Optimize returns to shareholders;
ii) Enhance overall shareholders value; and
iii) Optimize the capital structure.

The Buyback is undertaken by the Company after taking into account it's strategic and operational
cash needs to:
i) Return surplus funds to the equity shareholders.
ii) Service the Equity more efficiently.

Buyback Timetable

Freshtrop Fruits Buyback and Industrial and Prudential Investment Buyback buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. Freshtrop Fruits Buyback Buyback record date is . Industrial and Prudential Investment Buyback Buyback record date is Jan 01, 2021.

	Freshtrop Fruits Limited	Industrial and Prudential Investment Company Limited
Record Date		Jan 01, 2021
Offer Open Date	Feb 10, 2021	Feb 04, 2021
Offer Closure Date	Aug 09, 2021	Feb 17, 2021
Last date for receipt of tender forms		Feb 22, 2021
Finalisation of buyback		Feb 26, 2021
Last Date for settlment of bids		Mar 01, 2021
Last Date for extinguishment of shares		Mar 08, 2021

Financial Details and Other Relevent Information

Comparison of Freshtrop Fruits Buyback and Industrial and Prudential Investment Buyback financial data. The table below also includes a list of all relevant information like Stock Market Data, Compay Information, Lead Manager and Registrar.

Freshtrop Fruits Limited

Industrial and Prudential Investment Company 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	1,669.80	1,760.50	1,779.59
Profit After Tax	46.19	137.44	83.04
Net Worth	693.54	764.30	626.64

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	121.62	97.70	92.05
Profit After Tax	86.78	86.25	82.38
Net Worth	522.95	463.29	384.75

Stock price at BSE

Stock price at BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Dec-2020	75.00	62.10	67.31
Nov-2020	69.75	50.55	60.70
Oct-2020	62.90	55.00	57.90

Stock price at BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Nov-2020	1042.00	813.20	963.79
Oct-2020	900.00	811.00	844.77
Sep-2020	911.00	802.35	876.29

Stock price at NSE

Compare with others

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

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