ACC Limited Buyback vs Granules India Buyback

Comparision between ACC Limited Buyback and Granules India Buyback.

Buyback Details

ACC Limited Buyback is a Open Market Through Stock Exchange buyback proposed to list at BSE, NSE while Granules India Buyback is a Tender Offer proposed to list at BSE.

ACC Limited

Granules India Limited

Logo

Type of Buyback

Open Market Through Stock Exchange

Tender Offer

Listing At

BSE, NSE

BSE

Face Value

₹10 per share

₹1 per share

Buyback Price

₹2300 per share

₹400 per share

Issue Size

62,50,000 shares

Issue Size (Amount)

₹11,259.98 Crores

₹250.00 Crores

Buyback Ratio

Category	Entitlement Ratio of Buyback
Reserved Category for Small Shareholders	1 Equity Share out of every 20 Fully paid-up Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders	19 Equity Shares out of every 821 Fully paid-up Equity Shares held on the Record Date.

Registrar

Link Intime India Private Ltd

Kfin Technologies Limited

Lead Managers

Deutsche Equities India Private Limited

Motilal Oswal Investment Advisors Limited

Necessity of the buyback

The buyback is being undertaken for the following reasons:

1. The Buyback will help the Company to distribute surplus cash to its members holding Equity Shares thereby enhancing the overall return for them.

2. The Buyback is generally expected to improve return on equity through the distribution of cash and improve earnings per share by the reduction in the equity base of the Company, thereby leading to a long-term increase in shareholders' value.

Buyback Timetable

ACC Limited Buyback and Granules India Buyback buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. ACC Limited Buyback Buyback record date is . Granules India Buyback Buyback record date is Aug 23, 2022.

	ACC Limited	Granules India Limited
Record Date		Aug 23, 2022
Offer Open Date	Aug 26, 2022	Sep 27, 2022
Offer Closure Date	Sep 09, 2022	Oct 11, 2022
Last date for receipt of tender forms		Oct 11, 2022
Finalisation of buyback		Oct 19, 2022
Last Date for settlment of bids		Oct 20, 2022
Last Date for extinguishment of shares		Oct 25, 2022

Financial Details and Other Relevent Information

Comparison of ACC Limited Buyback and Granules 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.

ACC Limited

Granules India Limited

Financial

ACC Limited Financial Information (Restated)
Period Ended	Total Revenue	Net Worth
31-Dec-19	15975.98	11546.93
31-Dec-20	14002.72	12702.37
31-Dec-21	16358.38	14312.18
Amount in ₹ Crore

Granules India Limited Financial Information (Restated)
Period Ended	Total Revenue	Profit After Tax	Net Worth
31-Mar-20	2635.2	335.4	1843.72
31-Mar-21	3264.42	549.46	2173.27
31-Mar-22	3264.42	549.46	2173.27
Amount in ₹ Crore

Stock price at BSE

Stock price at BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Jul-2022	313.25	269.05	295.66
Jun-2022	281.90	227.00	261.12
May-2022	285.00	232.15	260.33

Stock price at NSE

Stock price at NSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Jul-2022	313.30	268.90	295.71
Jun-2022	282.00	226.95	261.08
May-2022	285.00	232.10	260.37

Compare with others

ACC Limited	Granules India Limited
Infosys Buyback 2022	Tanla Platforms Buyback 2022
SP Apparels Buyback	Mindteck India Buyback
Shyam Century Ferrous Buyback	ACC Limited Buyback
Tanla Platforms Buyback 2022	SIS Limited Buyback
Mindteck India Buyback	TCI Express Buyback
SIS Limited Buyback	Suraj Limited Buyback
TCI Express Buyback	Quick Heal Technologies Buyback 2022
Granules India Buyback	CARE Ratings Buyback
Suraj Limited Buyback	Techno Electric Buyback
Quick Heal Technologies Buyback 2022	Marksans Pharma Buyback

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