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Granules India Buyback vs Marksans Pharma Buyback

Comparision between Granules India Buyback and Marksans Pharma Buyback.

Buyback Details

Granules India Buyback is a Tender Offer buyback proposed to list at BSE while Marksans Pharma Buyback is a Open Market Through Stock Exchange proposed to list at BSE, NSE.

  Granules India Limited Marksans Pharma Ltd
Logo Granules India Buyback Logo Marksans Pharma Buyback Logo
Type of Buyback Tender Offer Open Market Through Stock Exchange
Listing At BSE BSE, NSE
Face Value ₹1 per share ₹1 per share
Buyback Price ₹400 per share ₹60 per share
Issue Size 62,50,000 shares
Issue Size (Amount) ₹250.00 Crores ₹60.00 Crores
Buyback Ratio
Category Entitlement Ratio of Buyback
Reserved Category for Small Shareholders 1 Equity Share out of every 20 Fully paid-up Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders 19 Equity Shares out of every 821 Fully paid-up Equity Shares held on the Record Date.
Registrar Kfin Technologies Limited Bigshare Services Pvt Ltd
Lead Managers Motilal Oswal Investment Advisors Limited Sundae Capital Advisors
Necessity of the buyback

The buyback is being undertaken for the following reasons:

1. The Buyback will help the Company to distribute surplus cash to its members holding Equity Shares thereby enhancing the overall return for them.

2. The Buyback is generally expected to improve return on equity through the distribution of cash and improve earnings per share by the reduction in the equity base of the Company, thereby leading to a long-term increase in shareholders' value.

The buyback is being undertaken for the following reasons:

1. The Buyback will help the Company to return surplus cash to its shareholders.

2. The Buyback is generally expected to improve return on equity through the distribution of cash and improve earnings per share by the reduction in the equity base of the Company, thereby leading to a long-term increase in shareholders' value.

Buyback Timetable

Granules India Buyback and Marksans Pharma Buyback buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. Granules India Buyback Buyback record date is Aug 23, 2022. Marksans Pharma Buyback Buyback record date is .

  Granules India Limited Marksans Pharma Ltd
Record Date Aug 23, 2022
Offer Open Date Sep 27, 2022 Jul 15, 2022
Offer Closure Date Oct 11, 2022 Jan 14, 2023
Last date for receipt of tender forms Oct 11, 2022
Finalisation of buyback Oct 19, 2022
Last Date for settlment of bids Oct 20, 2022
Last Date for extinguishment of shares Oct 25, 2022

Financial Details and Other Relevent Information

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

  Granules India Limited Marksans Pharma Ltd
Financial
Granules India Limited Financial Information (Restated)
Period EndedTotal RevenueProfit After TaxNet Worth
31-Mar-202635.2335.41843.72
31-Mar-213264.42549.462173.27
31-Mar-223264.42549.462173.27
Amount in ₹ Crore
Summary of financial Information (Consolidated)
Particulars For the year/period ended (Rs. in Lakhs)
  31-Mar-22 31-Mar-21 31-Mar-20
Total Income 1,53,269.20 1,38,287.61 1,13,453.67
Profit After Tax 18,681.40 23,853.88 12,075.27
Net Worth 1,04,216.44 86,972.58 61,990.88
Reserves and Surplus 99,623.30 82,379.44 57,397.74
Stock price at BSE

Stock price at BSE (in preceding 3 months)

Month High Price Low Price Average Price
Jul-2022 313.25 269.05 295.66
Jun-2022 281.90 227.00 261.12
May-2022 285.00 232.15 260.33

Stock price at BSE (in preceding 3 months)

Month High Price Low Price Average Price
Jun-2022 48.10 38.70 44.28
May-2022 53.45 44.50 48.20
Apr-2022 62.35 45.55 55.56
Stock price at NSE

Stock price at NSE (in preceding 3 months)

Month High Price Low Price Average Price
Jul-2022 313.30 268.90 295.71
Jun-2022 282.00 226.95 261.08
May-2022 285.00 232.10 260.37

Stock price at NSE (in preceding 3 months)

Month High Price Low Price Average Price
Jun-2022 48.10 38.60 44.15
May-2022 53.50 44.50 48.23
Apr-2022 62.40 45.50 56.03

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