Aarti Drugs Buyback vs Infobeans Technologies Buyback

Comparision between Aarti Drugs Buyback and Infobeans Technologies Buyback.

Buyback Details

Aarti Drugs Buyback is a Tender Offer buyback proposed to list at BSE, NSE while Infobeans Technologies Buyback is a Tender Offer proposed to list at NSE.

Aarti Drugs Limited

Infobeans Technologies Limited

Logo

Type of Buyback

Tender Offer

Listing At

BSE, NSE

NSE

Face Value

₹10 per share

Buyback Price

₹1000 per share

₹232 per share

Issue Size

6,00,000 shares

4,31,717 shares

Issue Size (Amount)

₹60.00 Crores

₹10.02 Crores

Buyback Ratio

Category	Entitlement Ratio of Buyback
Reserved Category for Small Shareholders	8 Equity Shares out of every 569 paid-up Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders	5 Equity Shares out of every 851 paid-up Equity Shares held on the Record Date.

Category	Entitlement Ratio of Buyback
Reserved Category for Small Shareholders	2 Equity Shares out of every 19 Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders	1 Equity Share out of every 64 Equity Shares held on the Record Date.

Registrar

Link Intime India Private Ltd

Lead Managers

Inga Ventures Pvt Ltd

Sarthi Capital Advisors Private Limited

Necessity of the buyback

The Buyback aims to :
i) Service the equity more efficiently.
ii) Return surplus cash to the shareholders.
ii) Improve Return on Equity
iii) Improve earnings per share and thus increase the shareholder's value in the long-term.

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

Buyback Timetable

Aarti Drugs Buyback and Infobeans Technologies Buyback buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. Aarti Drugs Buyback Buyback record date is Apr 01, 2021. Infobeans Technologies Buyback Buyback record date is May 07, 2021.

	Aarti Drugs Limited	Infobeans Technologies Limited
Record Date	Apr 01, 2021	May 07, 2021
Offer Open Date	Apr 27, 2021	Jun 08, 2021
Offer Closure Date	May 10, 2021	Jun 21, 2021
Last date for receipt of tender forms	May 12, 2021	Jun 23, 2021
Finalisation of buyback	May 19, 2021	Jun 29, 2021
Last Date for settlment of bids	May 20, 2021	Jun 30, 2021
Last Date for extinguishment of shares	May 27, 2021	Jul 07, 2021

Financial Details and Other Relevent Information

Comparison of Aarti Drugs Buyback and Infobeans 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.

Aarti Drugs Limited

Infobeans Technologies Limited

Financial

Summary of financial Information (consolidated)
Particulars	For the year/period ended (Rs. in Millions)
	31-Mar-20	31-Mar-19	31-Mar-18
Total Income	18,075.71	15,671.17	12,636.18
Profit After Tax	1,413.99	897.52	823.07
Net Worth	6,467.45	5,373.09	4,502.79

Summary of financial Information (standalone)
Particulars	For the year/period ended (Rs. in Millions)
	31-Mar-21	31-Mar-20	31-Mar-19
Total Income	1,254.84	1,182.94	1,043.89
Profit After Tax	328.92	241.15	208.71
Net Worth	1,769.55	1,459.85	1,277.24
Reserves and Surplus	1,529.39	1,219.69	1,037.08

Stock price at BSE

Stock price at BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Feb-2021	694.95	625.00	658.87
Jan-2021	755.50	670.05	710.03
Dec-2021	812.00	645.00	741.25

Stock price at NSE

Stock price at NSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Feb-2021	695.00	628.00	658.75
Jan-2021	756.00	670.00	710.11
Dec-2021	811.00	645.65	741.17

Stock price at NSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Mar-2021	157.95	135.30	146.01
Feb-2021	164.45	136.00	144.99
Jan-2021	160.50	139.00	148.49

Compare with others

Aarti Drugs Limited	Infobeans Technologies Limited
Navneet Education Buyback	Balrampur Chini Mills Buyback
Infobeans Technologies Buyback	Tanla Platforms Buyback
Quick Heal Technologies Buyback	Infosys Buyback
SIS Buyback	Welspun India Buyback
Smartlink Holdings Buyback	Navneet Education Buyback
Insecticides India Buyback	Quick Heal Technologies Buyback
Gujarat Apollo Industries Buyback	SIS Buyback
Savita Oil Buyback	Smartlink Holdings Buyback
NIIT Buyback	Aarti Drugs Buyback
Suprajit Engineering Buyback	Insecticides India Buyback

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