Balrampur Chini Mills Buyback vs Infobeans Technologies Buyback

Comparision between Balrampur Chini Mills Buyback and Infobeans Technologies Buyback.

Buyback Details

Balrampur Chini Mills Buyback is a Open Market Through Stock Exchange buyback proposed to list at BSE, NSE while Infobeans Technologies Buyback is a Tender Offer proposed to list at NSE.

Balrampur Chini Mills Limited

Infobeans Technologies Limited

Logo

Type of Buyback

Open Market Through Stock Exchange

Tender Offer

Listing At

BSE, NSE

NSE

Face Value

₹1 per share

₹10 per share

Buyback Price

₹410 per share

₹232 per share

Issue Size

4,31,717 shares

Issue Size (Amount)

₹215.25 Crores

₹10.02 Crores

Buyback Ratio

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

Kfin Technologies Limited

Link Intime India Private Ltd

Lead Managers

Axis Capital Limited

Sarthi Capital Advisors Private Limited

Necessity of the buyback

The Buyback aims to :
i) Optimize returns to shareholders.
ii) Enhance overall shareholder value.
iii) Optimize the capital structure.

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

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

	Balrampur Chini Mills Limited	Infobeans Technologies Limited
Record Date		May 07, 2021
Offer Open Date	Aug 17, 2021	Jun 08, 2021
Offer Closure Date	Feb 16, 2022	Jun 21, 2021
Last date for receipt of tender forms		Jun 23, 2021
Finalisation of buyback		Jun 29, 2021
Last Date for settlment of bids		Jun 30, 2021
Last Date for extinguishment of shares		Jul 07, 2021

Financial Details and Other Relevent Information

Comparison of Balrampur Chini Mills 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.

Balrampur Chini Mills Limited

Infobeans Technologies Limited

Financial

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	48,451.05	47,798.40	43,285.20
Profit After Tax	4,697.72	5,092.81	5,706.38
Net Worth	24,804.42	22,874.96	20,011.01

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
Jul-2021	387.10	327.50	349.21
Jun-2021	370.00	294.35	338.20
May-2021	348.95	276.95	310.21

Stock price at NSE

Stock price at NSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Jul-2021	386.80	327.30	349.13
Jun-2021	370.00	294.40	338.27
May-2021	349.15	276.40	310.24

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

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Balrampur Chini Mills Limited	Infobeans Technologies Limited
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Navneet Education Buyback	Aarti Drugs Buyback
Infobeans Technologies Buyback	Insecticides India Buyback

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