Jenburkt Pharmaceuticals Buyback vs Softsol India Buyback 2022

Comparision between Jenburkt Pharmaceuticals Buyback and Softsol India Buyback 2022.

Buyback Details

Jenburkt Pharmaceuticals Buyback is a Open Market Through Stock Exchange buyback proposed to list at BSE while Softsol India Buyback 2022 is a Tender Offer proposed to list at BSE.

Jenburkt Pharmaceuticals Ltd

Softsol India Limited

Logo

Type of Buyback

Open Market Through Stock Exchange

Tender Offer

Listing At

BSE

Face Value

₹10 per share

Buyback Price

₹702 per share

₹170 per share

Issue Size

20,58,824 shares

Issue Size (Amount)

₹11.60 Crores

₹35.00 Crores

Buyback Ratio

Category	Entitlement Ratio of Buyback	Shares Offered
Reserved Category for Small Shareholders	9 Equity Shares out of every 11 Fully paid-up Equity Shares held on the Record Date.	308,824.00
General Category for all other Eligible Shareholders	5 Equity Shares out of every 47 Fully paid-up Equity Shares held on the Record Date.	1,750,000.00

Registrar

Bigshare Services Pvt Ltd

Kfin Technologies Limited

Lead Managers

Dam Capital Advisors Ltd (Formerly Idfc Securities Ltd)

Akasam Consulting Private Limited

Necessity of the buyback

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.

The Buyback is being undertaken for the following reasons:

The Buyback will help the Company to return surplus cash to its shareholders holding Equity Shares broadly in proportion to their shareholding, thereby, enhancing the overall return to shareholders.
The Buyback may help improve return on equity by reducing the equity base, thereby leading to a long-term increase in shareholders' value.

Buyback Timetable

Jenburkt Pharmaceuticals Buyback and Softsol India Buyback 2022 buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. Jenburkt Pharmaceuticals Buyback Buyback record date is . Softsol India Buyback 2022 Buyback record date is Jan 13, 2023.

	Jenburkt Pharmaceuticals Ltd	Softsol India Limited
Record Date		Jan 13, 2023
Offer Open Date	Dec 14, 2022	Mar 03, 2023
Offer Closure Date	Mar 24, 2023	Mar 17, 2023
Last date for receipt of tender forms		Mar 17, 2023
Finalisation of buyback		Mar 21, 2023
Last Date for settlment of bids		Mar 23, 2023
Last Date for extinguishment of shares		Mar 30, 2023

Financial Details and Other Relevent Information

Comparison of Jenburkt Pharmaceuticals Buyback and Softsol India Buyback 2022 financial data. The table below also includes a list of all relevant information like Stock Market Data, Compay Information, Lead Manager and Registrar.

Jenburkt Pharmaceuticals Ltd

Softsol India Limited

Financial

Jenburkt Pharmaceuticals Ltd Financial Information (Restated)
Period Ended	Total Revenue	Profit After Tax	Net Worth	Total Borrowing
31-Mar-20	123.11	14.87	82.34	5.18
31-Mar-21	113.6	16.5	98.85	5.07
31-Mar-22	128.93	22.3	116.46	6.76
Amount in ₹ Crore

Softsol India Limited Financial Information (Restated)
Period Ended	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus
31-Mar-20	27.73	7.72	140.35	123.11
31-Mar-21	26.79	10.85	151.36	134.12
31-Mar-22	26.76	4.33	162.17	144.93
Amount in ₹ Crore

Stock price at BSE

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 BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Nov-2022	399.00	349.95	371.61
Oct-2022	389.60	366.45	378.66
Sep-2022	381.30	341.00	364.85

Stock price at NSE

Stock price at NSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Nov-2022	398.70	346.00	371.75
Oct-2022	388.00	367.95	379.02
Sep-2022	382.00	350.80	365.25

Compare with others

Jenburkt Pharmaceuticals Ltd	Softsol India Limited
One 97 Communications Buyback	Bajaj Consumer Care Buyback
KAMA Holdings Buyback	Freshtrop Fruits Buyback 2022
Bajaj Consumer Care Buyback	Cosmo First Buyback
Freshtrop Fruits Buyback 2022	Jenburkt Pharmaceuticals Buyback
Cosmo First Buyback	Indian Energy Exchange Buyback
Indian Energy Exchange Buyback	Tips Industries Buyback 2022
Softsol India Buyback 2022	eClerx Services Buyback 2022
Tips Industries Buyback 2022	Technocraft Industries Buyback 2022
eClerx Services Buyback 2022	Triveni Engineering Buyback 2022
Technocraft Industries Buyback 2022	Balrampur Chini Buyback 2022

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