Gujarat Apollo Industries Buyback vs Savita Oil Buyback

Comparision between Gujarat Apollo Industries Buyback and Savita Oil Buyback.

Buyback Details

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

Gujarat Apollo Industries Limited

Savita Oil Technologies Limited

Logo

Type of Buyback

Tender Offer

Listing At

BSE, NSE

Face Value

₹10 per share

Buyback Price

₹222 per share

₹1400 per share

Issue Size

8,61,915 shares

2,51,000 shares

Issue Size (Amount)

₹19.13 Crores

₹35.14 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	1 Equity Shares out of every 21 Equity Shares held on the Record Date
General Category for all other Eligible Shareholders	1 Equity Shares out of every 62 Equity Shares held on the Record Date

Registrar

Link Intime India Private Ltd

Lead Managers

PL Capital Markets Private Limited

Iti Capital Ltd

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 Buy-back is being undertaken by the Company to:
i) To enhance the equity shareholders returns; and
ii) To improve financial ratios like earnings per share, return on equity, by reduction in the equity base.

Buyback Timetable

Gujarat Apollo Industries Buyback and Savita Oil 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. Savita Oil Buyback Buyback record date is Mar 05, 2021.

	Gujarat Apollo Industries Limited	Savita Oil Technologies Limited
Record Date	Feb 26, 2021	Mar 05, 2021
Offer Open Date	Apr 08, 2021	Apr 15, 2021
Offer Closure Date	Apr 26, 2021	Apr 29, 2021
Last date for receipt of tender forms	Apr 28, 2021	May 03, 2021
Finalisation of buyback	May 04, 2021	May 07, 2021
Last Date for settlment of bids	May 05, 2021	May 10, 2021
Last Date for extinguishment of shares	May 12, 2021	May 17, 2021

Financial Details and Other Relevent Information

Comparison of Gujarat Apollo Industries Buyback and Savita Oil 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

Savita Oil 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 Lakhs)
	31-Mar-20	31-Mar-19	31-Mar-18
Total Income	2,05,778.42	2,28,091.73	1,83,418.04
Profit After Tax	9,564.24	11,427.01	12,619.59
Net Worth	86,858.47	85,160.48	74,230.93

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
Jan-2021	745.00	655.10	700.14
Dec-2020	800.00	695.00	724.13
Nov-2020	784.00	670.00	688.31

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
Jan-2021	742.00	655.00	699.84
Dec-2020	845.70	691.00	723.66
Nov-2020	790.00	664.95	689.62

Compare with others

Gujarat Apollo Industries Limited	Savita Oil Technologies Limited
Quick Heal Technologies Buyback	SIS Buyback
SIS Buyback	Smartlink Holdings Buyback
Smartlink Holdings Buyback	Aarti Drugs Buyback
Aarti Drugs Buyback	Insecticides India Buyback
Insecticides India Buyback	Gujarat Apollo Industries Buyback
Savita Oil Buyback	NIIT Buyback
NIIT Buyback	Suprajit Engineering Buyback
Suprajit Engineering Buyback	Bharat Rasayan Buyback
Bharat Rasayan Buyback	Jagran Prakashan Buyback
Jagran Prakashan Buyback	Nava Bharat Ventures Buyback

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