Indian Toners & Developers Buyback vs NALCO Buyback

Comparision between Indian Toners & Developers Buyback and NALCO Buyback.

Buyback Details

Indian Toners & Developers Buyback is a Tender Offer buyback proposed to list at BSE while NALCO Buyback is a Tender Offer proposed to list at BSE, NSE.

Indian Toners & Developers Limited

National Aluminium Company Limited

Logo

Type of Buyback

Tender Offer

Listing At

BSE

BSE, NSE

Face Value

₹10 per share

₹5 per share

Buyback Price

₹160 per share

₹57.5 per share

Issue Size

23,11,610 shares

13,02,79,083 shares

Issue Size (Amount)

₹36.99 Crores

₹749.10 Crores

Buyback Ratio

Category	Entitlement Ratio of Buyback
Reserved Category for Small Shareholders	111 Equity Shares out of every 632 fully paid-up Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders	111 Equity Shares out of every 632 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 195 Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders	37 Equity Shares out of every 568 Equity Shares held on the Record Date.

Registrar

Alankit Assignments Ltd

Kfin Technologies Limited

Lead Managers

Corporate Professionals Capital Private Ltd

Idbi Capital Market Services Limited

Necessity of the buyback

The Buyback is undertaken by the Company to:
i) Distribute surplus cash to the Equity shareholders.
ii) 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) Optimize the capital structure; and
ii) Improve return on equity, by reduction in the equity base.

Buyback Timetable

Indian Toners & Developers Buyback and NALCO Buyback buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. Indian Toners & Developers Buyback Buyback record date is Jan 15, 2021. NALCO Buyback Buyback record date is Feb 08, 2021.

	Indian Toners & Developers Limited	National Aluminium Company Limited
Record Date	Jan 15, 2021	Feb 08, 2021
Offer Open Date	Mar 04, 2021	Feb 25, 2021
Offer Closure Date	Mar 18, 2021	Mar 10, 2021
Last date for receipt of tender forms	Mar 22, 2021	Mar 12, 2021
Finalisation of buyback	Mar 24, 2021	Mar 16, 2021
Last Date for settlment of bids	Mar 25, 2021	Mar 17, 2021
Last Date for extinguishment of shares	Apr 08, 2021	Mar 19, 2021

Financial Details and Other Relevent Information

Comparison of Indian Toners & Developers Buyback and NALCO Buyback financial data. The table below also includes a list of all relevant information like Stock Market Data, Compay Information, Lead Manager and Registrar.

Indian Toners & Developers Limited

National Aluminium Company 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	980.64	1,219.71	1,192.35
Profit After Tax	121.94	204.15	242.23
Net Worth	1,844.21	1,798.63	1,644.31

Summary of financial Information (Consolidated)
Particulars	For the year/period ended (Rs in Crores)
	31-Mar-20	31-Mar-19	31-Mar-18
Total Income	8,742.42	11,826.48	9,917.74
Profit After Tax	136.23	1,733.69	1,342.19
Net Worth	9,986.50	10,484.94	10,503.95

Stock price at BSE

Stock price at BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Dec-2020	131.00	117.55	124.65
Nov-2020	137.50	107.25	124.69
Oct-2020	117.45	87.05	103.04

Stock price at BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Dec-2020	45.00	37.40	42.04
Nov-2020	40.20	29.95	34.63
Oct-2020	33.30	29.15	30.80

Stock price at NSE

Stock price at NSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Dec-2020	45.00	37.35	42.06
Nov-2020	40.20	29.95	34.63
Oct-2020	33.30	29.10	30.78

Compare with others

Indian Toners & Developers Limited	National Aluminium Company Limited
NIIT Buyback	Bharat Rasayan Buyback
Suprajit Engineering Buyback	Jagran Prakashan Buyback
Bharat Rasayan Buyback	Nava Bharat Ventures Buyback
Jagran Prakashan Buyback	Indian Toners & Developers Buyback
Nava Bharat Ventures Buyback	Gail India Buyback
Gail India Buyback	Neelamalai Agro Buyback
NALCO Buyback	VRL Logistics Buyback
Neelamalai Agro Buyback	Anup Engineering Buyback
VRL Logistics Buyback	Atul Buyback
Anup Engineering Buyback	Freshtrop Fruits Buyback

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