Infobeans Technologies Buyback vs Navneet Education Buyback

Comparision between Infobeans Technologies Buyback and Navneet Education Buyback.

Buyback Details

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

Infobeans Technologies Limited

Navneet Education Limited

Logo

Type of Buyback

Tender Offer

Open Market Through Stock Exchange

Listing At

NSE

BSE, NSE

Face Value

₹10 per share

₹2 per share

Buyback Price

₹232 per share

₹100 per share

Issue Size

4,31,717 shares

Issue Size (Amount)

₹10.02 Crores

₹50.00 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

Lead Managers

Sarthi Capital Advisors Private Limited

Inga Ventures Pvt Ltd

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

Buyback Timetable

Infobeans Technologies Buyback and Navneet Education 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. Navneet Education Buyback Buyback record date is .

	Infobeans Technologies Limited	Navneet Education Limited
Record Date	May 07, 2021
Offer Open Date	Jun 08, 2021	Jun 07, 2021
Offer Closure Date	Jun 21, 2021	Dec 06, 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 Navneet Education 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

Navneet Education 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 Millions)
	31-Mar-21	31-Mar-20	31-Mar-19
Total Income	8,482.20	15,344.70	1,4619.30
Profit After Tax	559.10	1,972.40	1,528.20
Net Worth	9,343.90	8,784.70	7,916.00

Stock price at BSE

Stock price at BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Apr-2021	85.10	72.85	77.53
Mar-2021	95.10	79.50	85.15
Feb-2021	91.80	80.00	84.09

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
Apr-2021	85.20	73.25	77.47
Mar-2021	95.20	79.45	85.16
Feb-2021	91.00	80.35	84.10

Compare with others

Infobeans Technologies Limited	Navneet Education Limited
Balrampur Chini Mills Buyback	Kaveri Seed Buyback
Tanla Platforms Buyback	Balrampur Chini Mills Buyback
Infosys Buyback	Tanla Platforms Buyback
Welspun India Buyback	Infosys Buyback
Navneet Education Buyback	Welspun India Buyback
Quick Heal Technologies Buyback	Infobeans Technologies Buyback
SIS Buyback	Quick Heal Technologies Buyback
Smartlink Holdings Buyback	SIS Buyback
Aarti Drugs Buyback	Smartlink Holdings Buyback
Insecticides India Buyback	Aarti Drugs Buyback

Comments

Add a public comment...