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Infobeans Technologies Buyback vs Insecticides India Buyback

Comparision between Infobeans Technologies Buyback and Insecticides India Buyback.

Buyback Details

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

  Infobeans Technologies Limited Insecticides (India) Limited
Logo Infobeans Technologies Buyback Logo Insecticides India Buyback Logo
Type of Buyback Tender Offer Open Market Through Stock Exchange
Listing At NSE BSE, NSE
Face Value ₹10 per share ₹10 per share
Buyback Price ₹232 per share ₹575 per share
Issue Size 4,31,717 shares
Issue Size (Amount) ₹10.02 Crores ₹60.00 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 Link Intime India Private Ltd Alankit Assignments Ltd
Lead Managers Sarthi Capital Advisors Private Limited Jm Financial Limited
Necessity of the buyback

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.

The Buy-back is being undertaken by the Company to:
i) Return surplus funds to the shareholders;
ii) Improve return on equity; and
iii) Improve earnings per share by reducing the equity base.

Buyback Timetable

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

  Infobeans Technologies Limited Insecticides (India) Limited
Record Date May 07, 2021
Offer Open Date Jun 08, 2021 Apr 12, 2021
Offer Closure Date Jun 21, 2021 Oct 11, 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 Infobeans Technologies Buyback and Insecticides India Buyback financial data. The table below also includes a list of all relevant information like Stock Market Data, Compay Information, Lead Manager and Registrar.

  Infobeans Technologies Limited Insecticides (India) 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 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
Summary of financial Information (Consolidated)
Particulars For the year/period ended (Rs. in Lakhs)
31-Mar-20 31-Mar-19 31-Mar-18
Total Income 136,578.51 119,425.31 110,963.53
Profit After Tax 8,604.06 12,240.67 8,397.36
Net Worth 73,225.47 66,143.27 54,387.14
Stock price at BSE

Stock price at BSE (in preceding 3 months)

Month High Price Low Price Average Price
Mar-2021 508.00 405.00 457.06
Feb-2021 536.80 440.00 474.25
Jan-2021 522.35 421.50 481.37
Stock price at NSE

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

Stock price at NSE (in preceding 3 months)

Month High Price Low Price Average Price
Mar-2021 509.50 405.10 456.75
Feb-2021 537.85 450.15 474.36
Jan-2021 523.00 449.60 481.26

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