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Indian Energy Exchange Buyback vs Jenburkt Pharmaceuticals Buyback

Comparision between Indian Energy Exchange Buyback and Jenburkt Pharmaceuticals Buyback.

Buyback Details

Indian Energy Exchange Buyback is a Open Market Through Stock Exchange buyback proposed to list at BSE, NSE while Jenburkt Pharmaceuticals Buyback is a Open Market Through Stock Exchange proposed to list at BSE.

  Indian Energy Exchange Ltd Jenburkt Pharmaceuticals Ltd
Logo Indian Energy Exchange Buyback Logo Jenburkt Pharmaceuticals Buyback Logo
Type of Buyback Open Market Through Stock Exchange Open Market Through Stock Exchange
Listing At BSE, NSE BSE
Face Value ₹1 per share ₹10 per share
Buyback Price ₹200 per share ₹702 per share
Issue Size
Issue Size (Amount) ₹98.00 Crores ₹11.60 Crores
Buyback Ratio
Registrar Kfin Technologies Limited Bigshare Services Pvt Ltd
Lead Managers Iifl Securities Ltd Dam Capital Advisors Ltd (Formerly Idfc Securities Ltd)
Necessity of the buyback

The Buyback is being undertaken for the following reasons:

  1. The Buyback gives the Company an opportunity to distribute surplus cash to its shareholders.
  2. The buyback may help in improving return on equity and other financial ratios, by a reduction in the equity base, thereby leading to a long-term increase in shareholders' value.
  3. The buyback gives an option to the existing equity shareholders to participate in the Buyback and receive cash in lieu of equity shares.

The buyback is being undertaken for the following reason:

  • The company is expected to achieve the objective of returning surplus funds to the shareholders, improving return on equity through distribution of surplus funds, improving earnings per share by reduction in equity base and increasing shareholders' value in the long term by improving key return ratios.
  • The Buyback will lead to reduction in outstanding Equity Shares of the Company, improvement in 'earnings per share' and enhanced return on equity.

Buyback Timetable

Indian Energy Exchange Buyback and Jenburkt Pharmaceuticals Buyback buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. Indian Energy Exchange Buyback Buyback record date is . Jenburkt Pharmaceuticals Buyback Buyback record date is .

  Indian Energy Exchange Ltd Jenburkt Pharmaceuticals Ltd
Record Date
Offer Open Date Jan 11, 2023 Dec 14, 2022
Offer Closure Date Mar 15, 2023 Mar 24, 2023
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 Indian Energy Exchange Buyback and Jenburkt Pharmaceuticals Buyback financial data. The table below also includes a list of all relevant information like Stock Market Data, Compay Information, Lead Manager and Registrar.

  Indian Energy Exchange Ltd Jenburkt Pharmaceuticals Ltd
Financial
Indian Energy Exchange Ltd Financial Information (Consolidated)
Period EndedTotal AssetsTotal RevenueProfit After TaxNet Worth
31-Mar-20667.26297.4175.72387.95
31-Mar-21985.16356.23205.43555.8
31-Mar-221696.19484.4308.64703.41
Amount in ₹ Crore
Jenburkt Pharmaceuticals Ltd Financial Information (Restated)
Period EndedTotal RevenueProfit After TaxNet WorthTotal Borrowing
31-Mar-20123.1114.8782.345.18
31-Mar-21113.616.598.855.07
31-Mar-22128.9322.3116.466.76
Amount in ₹ Crore
Stock price at BSE

Stock price at BSE (in preceding 3 months)

Month High Price Low Price Average Price
Dec-2022 152.30 129.25 143.39
Nov-2022 151.70 137.50 144.66
Oct-2022 146.95 133.95 139.78

Stock price at BSE (in preceding 3 months)

Month High Price Low Price Average Price
Nov-2022 645.15 572.00 590.12
Oct-2022 577.25 548.65 563.91
Sep-2022 605.95 535.70 581.48
Stock price at NSE

Stock price at NSE (in preceding 3 months)

Month High Price Low Price Average Price
Dec-2022 152.40 129.25 143.88
Nov-2022 151.80 137.50 144.91
Oct-2022 146.95 133.85 140.16

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