Gujarat Apollo Industries Buyback vs Quick Heal Technologies Buyback

Comparision between Gujarat Apollo Industries Buyback and Quick Heal Technologies Buyback.

Buyback Details

Gujarat Apollo Industries Buyback is a Tender Offer buyback proposed to list at BSE, NSE while Quick Heal Technologies Buyback is a Tender Offer proposed to list at BSE, NSE.

Gujarat Apollo Industries Limited

Quick Heal Technologies Limited

Logo

Type of Buyback

Tender Offer

Listing At

BSE, NSE

Face Value

₹10 per share

Buyback Price

₹222 per share

₹245 per share

Issue Size

8,61,915 shares

63,26,530 shares

Issue Size (Amount)

₹19.13 Crores

₹154.98 Crores

Buyback Ratio

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

Category	Entitlement Ratio of Buyback
Reserved Category for Small Shareholders	37 Equity Shares out of every 303 fully paid-up Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders	2 Equity Shares out of every 21 fully paid-up Equity Shares held on the Record Date.

Registrar

Link Intime India Private Ltd

Lead Managers

PL Capital Markets Private Limited

Ambit Private Limited

Necessity of the buyback

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.

The Buyback aims to :
i) Return surplus cash to the shareholders and enhance overall return to the shareholders.
ii) Improve Return on Equity and Earnings per share and thereby enhance shareholder value in the long term.

Buyback Timetable

Gujarat Apollo Industries Buyback and Quick Heal Technologies Buyback buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. Gujarat Apollo Industries Buyback Buyback record date is Feb 26, 2021. Quick Heal Technologies Buyback Buyback record date is May 03, 2021.

	Gujarat Apollo Industries Limited	Quick Heal Technologies Limited
Record Date	Feb 26, 2021	May 03, 2021
Offer Open Date	Apr 08, 2021	May 31, 2021
Offer Closure Date	Apr 26, 2021	Jun 11, 2021
Last date for receipt of tender forms	Apr 28, 2021	Jun 15, 2021
Finalisation of buyback	May 04, 2021	Jun 21, 2021
Last Date for settlment of bids	May 05, 2021	Jun 22, 2021
Last Date for extinguishment of shares	May 12, 2021	Jun 29, 2021

Financial Details and Other Relevent Information

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

Gujarat Apollo Industries Limited

Quick Heal Technologies Limited

Financial

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

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	3,147.45	3,454.03	3,460.97
Profit After Tax	736.39	839.64	788.78
Net Worth	6,482.13	7,948.92	7,371.32
Reserves and Surplus	5,840.10	7,243.12	6,667.44

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 BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Mar-2021	216.00	152.05	183.08
Feb-2021	169.95	150.10	156.11
Jan-2021	179.60	156.00	167.88

Stock price at NSE

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

Stock price at NSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Mar-2021	215.95	152.00	183.10
Feb-2021	170.10	150.00	156.10
Jan-2021	179.65	155.50	167.91

Compare with others

Gujarat Apollo Industries Limited	Quick Heal Technologies Limited
Quick Heal Technologies Buyback	Tanla Platforms Buyback
SIS Buyback	Infosys Buyback
Smartlink Holdings Buyback	Welspun India Buyback
Aarti Drugs Buyback	Navneet Education Buyback
Insecticides India Buyback	Infobeans Technologies Buyback
Savita Oil Buyback	SIS Buyback
NIIT Buyback	Smartlink Holdings Buyback
Suprajit Engineering Buyback	Aarti Drugs Buyback
Bharat Rasayan Buyback	Insecticides India Buyback
Jagran Prakashan Buyback	Gujarat Apollo Industries Buyback

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