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Arex Industries Buyback 2024 vs Mayur Uniquoters Buyback 2024

Comparision between Arex Industries Buyback 2024 and Mayur Uniquoters Buyback 2024.

Buyback Details

Arex Industries Buyback 2024 is a Tender Offer buyback proposed to list at BSE while Mayur Uniquoters Buyback 2024 is a Tender Offer proposed to list at BSE, NSE.

  Arex Industries Ltd. Mayur Uniquoters Ltd.
Logo Arex Industries Buyback 2024 Logo Mayur Uniquoters Buyback 2024 Logo
Type of Buyback Tender Offer Tender Offer
Listing At BSE BSE, NSE
Face Value ₹10 per share ₹5 per share
Buyback Price ₹195 per share ₹800 per share
Issue Size 3,60,000 shares 5,00,000 shares
Issue Size (Amount) ₹7.02 Crores ₹40.00 Crores
Buyback Ratio
CategoryEntitlement Ratio of BuybackShares Offered
Reserved Category for Small Shareholders1 Equity Shares out of every 27 Fully paid-up Equity Shares held on the Record Date.75,000.00
General Category for all other Eligible Shareholders3 Equity Shares out of every 296 Fully paid-up Equity Shares held on the Record Date.425,000.00
Registrar Beetal Financial & Computer Services (P) Limited
Lead Managers D And A Financial Services Private Ltd
Necessity of the buyback

The buy-back of equity shares, through the tender offer route, is being implemented in keeping with the company's desire to enhance overall shareholder value. The buy-back would reduce the outstanding number of equity shares and may consequently increase earnings per equity share over time. This would, in turn, lead to improvement in return on net worth and other financial ratios and contribute to maximization of overall shareholders' value.

  1. The Buy-back gives an option to the equity shareholders to either participate in the Buy-back and receive cash instead of Equity Shares accepted under the Buy-back or not participate in the Buy-back and enjoy a resultant increase in their percentage of shareholding in the Company post the Buy-back;
  2. The Buy-back would help in improving certain key financial ratios of the Company;
  3. The Buy-back, implemented through the Tender Offer route as prescribed under the Buyback Regulations, would involve a reservation for small shareholders as defined in this Regulation.

Buyback Timetable

Arex Industries Buyback 2024 and Mayur Uniquoters Buyback 2024 buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. Arex Industries Buyback 2024 Buyback record date is Sep 07, 2024. Mayur Uniquoters Buyback 2024 Buyback record date is Aug 23, 2024.

  Arex Industries Ltd. Mayur Uniquoters Ltd.
Record Date Sep 07, 2024 Aug 23, 2024
Offer Open Date Aug 29, 2024
Offer Closure Date Sep 04, 2024
Last date for receipt of tender forms Sep 04, 2024
Finalisation of buyback Sep 10, 2024
Last Date for settlment of bids Sep 11, 2024
Last Date for extinguishment of shares Sep 23, 2024

Financial Details and Other Relevent Information

Comparison of Arex Industries Buyback 2024 and Mayur Uniquoters Buyback 2024 financial data. The table below also includes a list of all relevant information like Stock Market Data, Compay Information, Lead Manager and Registrar.

  Arex Industries Ltd. Mayur Uniquoters Ltd.
Financial

Arex Industries Ltd. Financial Information (Restated)

Period Ended31 Mar 202331 Mar 202231 Mar 2021
Assets52.6958.4562.66
Revenue45.1653.8240.92
Profit After Tax0.73.7-1
Amount in ₹ Crore

Mayur Uniquoters Ltd. Financial Information (Restated Consolidated)

Mayur Uniquoters Ltd.'s revenue increased by 5% and profit after tax (PAT) rose by 18% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended31 Mar 202431 Mar 202331 Mar 2022
Assets871.04821.93
Revenue834.83793.38676.82
Profit After Tax122.47104.2194.37
Reserves and Surplus742.25696.75
Amount in ₹ Crore
Stock price at BSE

Stock price at BSE (in preceding 3 months)

Month High Price Low Price Average Price
Jul-2024 684.40 575.00 628.60
Jun-2024 695.00 488.00 611.31
May-2024 578.10 496.05 527.10
Stock price at NSE

Stock price at NSE (in preceding 3 months)

Month High Price Low Price Average Price
Jul-2024 685.00 577.45 628.93
Jun-2024 695.85 486.95 611.62
May-2024 577.80 497.65 527.49

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