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Insecticides India Buyback vs Savita Oil Buyback

Comparision between Insecticides India Buyback and Savita Oil Buyback.

Buyback Details

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

  Insecticides (India) Limited Savita Oil Technologies Limited
Logo Insecticides India Buyback Logo Savita Oil Buyback Logo
Type of Buyback Open Market Through Stock Exchange Tender Offer
Listing At BSE, NSE BSE, NSE
Face Value ₹10 per share ₹10 per share
Buyback Price ₹575 per share ₹1400 per share
Issue Size 2,51,000 shares
Issue Size (Amount) ₹60.00 Crores ₹35.14 Crores
Buyback Ratio
Category Entitlement Ratio of Buyback
Reserved Category for Small Shareholders 1 Equity Shares out of every 21 Equity Shares held on the Record Date
General Category for all other Eligible Shareholders 1 Equity Shares out of every 62 Equity Shares held on the Record Date
Registrar Alankit Assignments Ltd Link Intime India Private Ltd
Lead Managers Jm Financial Limited Iti Capital Ltd
Necessity of the buyback

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.

The Buy-back is being undertaken by the Company to:
i) To enhance the equity shareholders returns; and
ii) To improve financial ratios like earnings per share, return on equity, by reduction in the equity base.

Buyback Timetable

Insecticides India Buyback and Savita Oil Buyback buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. Insecticides India Buyback Buyback record date is . Savita Oil Buyback Buyback record date is Mar 05, 2021.

  Insecticides (India) Limited Savita Oil Technologies Limited
Record Date Mar 05, 2021
Offer Open Date Apr 12, 2021 Apr 15, 2021
Offer Closure Date Oct 11, 2021 Apr 29, 2021
Last date for receipt of tender forms May 03, 2021
Finalisation of buyback May 07, 2021
Last Date for settlment of bids May 10, 2021
Last Date for extinguishment of shares May 17, 2021

Financial Details and Other Relevent Information

Comparison of Insecticides India Buyback and Savita Oil Buyback financial data. The table below also includes a list of all relevant information like Stock Market Data, Compay Information, Lead Manager and Registrar.

  Insecticides (India) Limited Savita Oil Technologies Limited
Financial
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
Summary of financial Information (Standalone)
Particulars For the year/period ended (Rs. in Lakhs)
31-Mar-20 31-Mar-19 31-Mar-18
Total Income 2,05,778.42 2,28,091.73 1,83,418.04
Profit After Tax 9,564.24 11,427.01 12,619.59
Net Worth 86,858.47 85,160.48 74,230.93
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 BSE (in preceding 3 months)

Month High Price Low Price Average Price
Jan-2021 745.00 655.10 700.14
Dec-2020 800.00 695.00 724.13
Nov-2020 784.00 670.00 688.31
Stock price at NSE

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

Stock price at NSE (in preceding 3 months)

Month High Price Low Price Average Price
Jan-2021 742.00 655.00 699.84
Dec-2020 845.70 691.00 723.66
Nov-2020 790.00 664.95 689.62

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