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Jagran Prakashan Buyback vs Nava Bharat Ventures Buyback

Comparision between Jagran Prakashan Buyback and Nava Bharat Ventures Buyback.

Buyback Details

Jagran Prakashan Buyback is a Open Market Through Stock Exchange buyback proposed to list at BSE, NSE while Nava Bharat Ventures Buyback is a Open Market Through Stock Exchange proposed to list at BSE, NSE.

  Jagran Prakashan Limited Nava Bharat Ventures Limited
Logo Jagran Prakashan Buyback Logo Nava Bharat Ventures Buyback Logo
Type of Buyback Open Market Through Stock Exchange Open Market Through Stock Exchange
Listing At BSE, NSE BSE, NSE
Face Value ₹2 per share ₹2 per share
Buyback Price ₹60 per share ₹100 per share
Issue Size
Issue Size (Amount) ₹118.00 Crores ₹150.00 Crores
Buyback Ratio
Registrar Kfin Technologies Limited Kfin Technologies Limited
Lead Managers Ernst & Young Merchant Banking Services Llp Akasam Consulting Private Limited
Necessity of the buyback

The Buy-back is being undertaken by the Company to:
i) Optimize returns to shareholders;
ii) Enhance overall shareholders' value;
iii) To return surplus cash to its shareholders; and
iv) To improve return on equity, by reduction in the equity base;

The Buyback is undertaken by the Company to:
(i) Optimize returns to shareholders.
(ii) Enhance overall shareholder's value.
(iii) Return surplus cash to the shareholders.
(iv) To improve return on equity.

Buyback Timetable

Jagran Prakashan Buyback and Nava Bharat Ventures Buyback buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. Jagran Prakashan Buyback Buyback record date is . Nava Bharat Ventures Buyback Buyback record date is .

  Jagran Prakashan Limited Nava Bharat Ventures Limited
Record Date
Offer Open Date Mar 08, 2021 Mar 10, 2021
Offer Closure Date Sep 07, 2021 Sep 09, 2021
Last date for receipt of tender forms
Finalisation of buyback
Last Date for settlment of bids
Last Date for extinguishment of shares

Financial Details and Other Relevent Information

Comparison of Jagran Prakashan Buyback and Nava Bharat Ventures Buyback financial data. The table below also includes a list of all relevant information like Stock Market Data, Compay Information, Lead Manager and Registrar.

  Jagran Prakashan Limited Nava Bharat Ventures Limited
Financial
Summary of financial Information (standalone)
Particulars For the year/period ended (Rs. in Millions)
31-Mar-20 31-Mar-19 31-Mar-18
Total Income 17,898.73 19,650.07 19,247.38
Profit After Tax 2,622.83 2,199.12 2,660.13
Net Worth 13,717.20 13,399.97 15,213.14
Summary of financial Information (standalone)
Particulars For the year/period ended (Rs. in Millions)
31-Mar-20 31-Mar-19 31-Mar-18
Total Income 11,322.08 14,377.77 13,551.17
Profit After Tax 1,310.11 1,661.89 1,615.58
Net Worth 29,677.11 29,255.77 27,869.75
Stock price at BSE

Stock price at BSE (in preceding 3 months)

Month High Price Low Price Average Price
Feb-2021 60.30 39.90 46.90
Jan-2021 46.80 39.70 43.52
Dec-2020 46.95 39.05 42.93

Stock price at BSE (in preceding 3 months)

Month High Price Low Price Average Price
Feb-2021 76.25 57.25 66.22
Jan-2021 64.71 57.10 61.99
Dec-2021 68.85 50.20 60.70
Stock price at NSE

Stock price at NSE (in preceding 3 months)

Month High Price Low Price Average Price
Feb-2021 60.40 40.30 46.89
Jan-2021 46.70 39.15 43.54
Dec-2020 46.90 39.10 42.90

Stock price at NSE (in preceding 3 months)

Month High Price Low Price Average Price
Feb-2021 76.20 57.15 65.86
Jan-2021 64.75 57.20 62.03
Dec-2021 68.45 50.20 60.87

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