Great Eastern Shipping Buyback vs K.P.R Mill Buyback

Comparision between Great Eastern Shipping Buyback and K.P.R Mill Buyback.

Buyback Details

Great Eastern Shipping Buyback is a Open Market Through Stock Exchange buyback proposed to list at BSE, NSE while K.P.R Mill Buyback is a Tender Offer proposed to list at BSE, NSE.

The Great Eastern Shipping Company Limited

K.P.R. Mill limited

Logo

Type of Buyback

Open Market Through Stock Exchange

Tender Offer

Listing At

BSE, NSE

Face Value

₹10 per share

₹1 per share

Buyback Price

₹333 per share

₹805 per share

Issue Size

22,36,000 shares

Issue Size (Amount)

₹225.00 Crores

₹180.00 Crores

Buyback Ratio

Category	Entitlement Ratio of Buyback
Reserved Category for Small Shareholders	1 Equity Share out of every 16 Fully paid-up Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders	5 Equity Share out of every 891 Fully paid-up Equity Shares held on the Record Date.

Registrar

Kfin Technologies Limited

Lead Managers

Kotak Mahindra Capital Company Limited

Idbi Capital Market Services Limited

Necessity of the buyback

The Buyback aims to :
i) Reduce outstanding number of equity shares and consequently increase earnings per share and book value per share.
ii) Effectively utilize available cash; and
iii) Improve key return ratios like return on equity capital.

The Buyback aims to :
i) Return surplus cash to its Shareholders.
ii) Optimize the capital structure.
iii) Improve key return ratios like return on equity capital.

Buyback Timetable

Great Eastern Shipping Buyback and K.P.R Mill Buyback buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. Great Eastern Shipping Buyback Buyback record date is . K.P.R Mill Buyback Buyback record date is Feb 19, 2022.

	The Great Eastern Shipping Company Limited	K.P.R. Mill limited
Record Date		Feb 19, 2022
Offer Open Date	Jan 07, 2022	Mar 25, 2022
Offer Closure Date	Jul 06, 2022	Apr 07, 2022
Last date for receipt of tender forms		Apr 09, 2022
Finalisation of buyback		Apr 18, 2022
Last Date for settlment of bids		Apr 19, 2022
Last Date for extinguishment of shares		Apr 26, 2022

Financial Details and Other Relevent Information

Comparison of Great Eastern Shipping Buyback and K.P.R Mill Buyback financial data. The table below also includes a list of all relevant information like Stock Market Data, Compay Information, Lead Manager and Registrar.

The Great Eastern Shipping Company Limited

K.P.R. Mill limited

Financial

Summary of financial Information (Standalone)
Particulars	For the year/period ended (Rs. in Millions)
	30-Sep-21	31-March-21	31-March-20	31-March-19
Total Income	14,670	28,930	30,910	28,150
Profit After Tax	3,730	10,300	2,810	-190
Net Worth	63,560	60,980	50,670	50,660
Reserves & Surplus	62,090	59,510	49,200	49,150

Summary of financial Information (standalone)
Particulars	For the year/period ended (Rs. in Crores)
	31-Mar-21	31-Mar-20	31-Mar-19
Total Income	2,991.60	2,934.53	3,015.90
Profit After Tax	432.62	294.61	289.11
Net Worth	1,906.54	1,504.88	1,511.20
Reserves and Surplus	1,872.13	1,470.47	1,474.92

Stock price at BSE

Stock price at BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Nov-2021	351.80	291.25	325.81
Oct-2021	382.00	311.05	346.46
Sep-2021	379.00	348.75	362.27

Stock price at BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Jan-2022	771.80	605.30	709.35
Dec-2021	699.20	502.85	581.87
Nov-2021	548.40	446.00	508.67

Stock price at NSE

Stock price at NSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Nov-2021	352.10	291.30	325.70
Oct-2021	382.25	310.80	346.45
Sep-2021	379.20	351.10	362.46

Stock price at NSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Jan-2022	769.00	606.25	709.22
Dec-2021	699.00	503.25	581.71
Nov-2021	548.00	445.60	508.56

Compare with others

The Great Eastern Shipping Company Limited	K.P.R. Mill limited
K.P.R Mill Buyback	Filatex India Buyback
Mayur Uniquoters Buyback	Atul Limited Buyback
Emami Ltd Buyback	Pennar Industries Buyback
TCS Buyback	Gulf Oil Lubricants Buyback Feb 22
James Warren Tea Buyback	FDC Buyback
Ajanta Pharma Buyback	Mayur Uniquoters Buyback
Cheviot Company Buyback	Emami Ltd Buyback
Weizmann Buyback	TCS Buyback
MOIL Buyback	James Warren Tea Buyback
MPS Buyback	Great Eastern Shipping Buyback

Comments

Add a public comment...