Bharat Rasayan Buyback vs Gujarat Apollo Industries Buyback

Comparision between Bharat Rasayan Buyback and Gujarat Apollo Industries Buyback.

Buyback Details

Bharat Rasayan Buyback is a Tender Offer buyback proposed to list at NSE while Gujarat Apollo Industries Buyback is a Tender Offer proposed to list at BSE, NSE.

Bharat Rasayan Limited

Gujarat Apollo Industries Limited

Logo

Type of Buyback

Tender Offer

Listing At

NSE

BSE, NSE

Face Value

₹10 per share

Buyback Price

₹11500 per share

₹222 per share

Issue Size

93,472 shares

8,61,915 shares

Issue Size (Amount)

₹107.49 Crores

₹19.13 Crores

Buyback Ratio

Category	Entitlement Ratio of Buyback
Reserved Category for Small Shareholders	12 Equity Shares out of every 79 fully paid-up Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders	19 Equity Shares out of every 994 fully paid-up Equity Shares held on the Record Date.

Category	Entitlement Ratio of Buyback
Reserved Category for Small Shareholders	23 Equity Shares out of every 168 fully paid-up Equity Shares held on the Record Date
General Category for all other Eligible Shareholders	1 Equity Share out of every 16 fully paid-up Equity Shares held on the Record Date

Registrar

Link Intime India Private Ltd

Lead Managers

Corporate Professionals Capital Private Ltd

PL Capital Markets Private Limited

Necessity of the buyback

The Buy-back is being undertaken by the Company to:
i) To return surplus funds to the Equity Shareholders; and
ii) To help improve financial ratios like earnings per share and return on equity, by reducing the equity base of the Company.

The Buy-back is being undertaken by the Company to:
i) Effectively utilize surplus cash;
ii) Reduce the fully paid-up, issued and outstanding number of equity shares and consequently increase earnings per share; and
iii) Improve financial ratios like return on net worth and return on capital employed.

Buyback Timetable

Bharat Rasayan Buyback and Gujarat Apollo Industries Buyback buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. Bharat Rasayan Buyback Buyback record date is Mar 05, 2021. Gujarat Apollo Industries Buyback Buyback record date is Feb 26, 2021.

	Bharat Rasayan Limited	Gujarat Apollo Industries Limited
Record Date	Mar 05, 2021	Feb 26, 2021
Offer Open Date	Mar 26, 2021	Apr 08, 2021
Offer Closure Date	Apr 12, 2021	Apr 26, 2021
Last date for receipt of tender forms	Apr 14, 2021	Apr 28, 2021
Finalisation of buyback	Apr 20, 2021	May 04, 2021
Last Date for settlment of bids	Apr 22, 2021	May 05, 2021
Last Date for extinguishment of shares	Apr 29, 2021	May 12, 2021

Financial Details and Other Relevent Information

Comparison of Bharat Rasayan Buyback and Gujarat Apollo Industries Buyback financial data. The table below also includes a list of all relevant information like Stock Market Data, Compay Information, Lead Manager and Registrar.

Bharat Rasayan Limited

Gujarat Apollo Industries 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	12,318.70	9,946.87	8,130.16
Profit After Tax	1,576.42	1,115.24	983.14
Net Worth	5,641.19	4,088.07	2,982.46

Summary of financial Information (Standalone)
Particulars	For the year/period ended (Rs. in Lakhs)
	31-Mar-20	31-Mar-19	31-Mar-18
Total Income	4,586.77	4,623.41	9,677.86
Profit After Tax	1,028.52	625.46	1,036.82
Net Worth	25,786.30	25,195.93	25,325.43

Stock price at BSE

Stock price at BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Jan-2021	273.90	195.60	216.90
Dec-2020	218.25	187.80	200.71
Nov-2020	225.00	178.90	202.98

Stock price at NSE

Stock price at NSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Jan-2021	10758.00	9386.00	10207.92
Dec-2020	10190.00	8700.00	9651.52
Nov-2020	9900.00	8500.00	9115.15

Stock price at NSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Jan-2021	265.55	198.05	216.89
Dec-2020	219.80	191.15	200.88
Nov-2020	219.35	180.75	202.95

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Gujarat Apollo Industries Buyback	SIS Buyback
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Suprajit Engineering Buyback	Insecticides India Buyback
Jagran Prakashan Buyback	Savita Oil Buyback
Nava Bharat Ventures Buyback	NIIT Buyback
Indian Toners & Developers Buyback	Suprajit Engineering Buyback
Gail India Buyback	Bharat Rasayan Buyback
NALCO Buyback	Jagran Prakashan Buyback

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