Atul Buyback vs NALCO Buyback

Comparision between Atul Buyback and NALCO Buyback.

Buyback Details

Atul Buyback is a Open Market Through Stock Exchange buyback proposed to list at BSE, NSE while NALCO Buyback is a Tender Offer proposed to list at BSE, NSE.

Atul Limited

National Aluminium Company Limited

Logo

Type of Buyback

Open Market Through Stock Exchange

Tender Offer

Listing At

BSE, NSE

Face Value

₹10 per share

₹5 per share

Buyback Price

₹7250 per share

₹57.5 per share

Issue Size

13,02,79,083 shares

Issue Size (Amount)

₹50.00 Crores

₹749.10 Crores

Buyback Ratio

Category	Entitlement Ratio of Buyback
Reserved Category for Small Shareholders	23 Equity Shares out of every 195 Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders	37 Equity Shares out of every 568 Equity Shares held on the Record Date.

Registrar

Link Intime India Private Ltd

Kfin Technologies Limited

Lead Managers

Vivro Financial Services Private Limited

Idbi Capital Market Services Limited

Necessity of the buyback

The Buy-back is undertaken by the Company:
i) To return surplus funds to the equity shareholders.
ii) To improve earnings per share by reducing the equity base and lead to a long-term increase in the value of shareholders.

The Buy-back is being undertaken by the Company to:
i) Optimize the capital structure; and
ii) Improve return on equity, by reduction in the equity base.

Buyback Timetable

Atul Buyback and NALCO Buyback buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. Atul Buyback Buyback record date is . NALCO Buyback Buyback record date is Feb 08, 2021.

	Atul Limited	National Aluminium Company Limited
Record Date		Feb 08, 2021
Offer Open Date	Feb 10, 2021	Feb 25, 2021
Offer Closure Date	Aug 09, 2021	Mar 10, 2021
Last date for receipt of tender forms		Mar 12, 2021
Finalisation of buyback		Mar 16, 2021
Last Date for settlment of bids		Mar 17, 2021
Last Date for extinguishment of shares		Mar 19, 2021

Financial Details and Other Relevent Information

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

Atul Limited

National Aluminium Company Limited

Financial

Summary of financial Information (standalone)
Particulars	For the year/period ended (Rs. in Crores)
	31-Mar-20	31-Mar-19	31-Mar-19
Total Income	3,983.27	3,947.17	3,186.02
Profit After Tax	640.17	428.64	270.41
Net Worth	3,070.38	2,649.56	2,197.54

Summary of financial Information (Consolidated)
Particulars	For the year/period ended (Rs in Crores)
	31-Mar-20	31-Mar-19	31-Mar-18
Total Income	8,742.42	11,826.48	9,917.74
Profit After Tax	136.23	1,733.69	1,342.19
Net Worth	9,986.50	10,484.94	10,503.95

Stock price at BSE

Stock price at BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Jan-2021	6791.90	6219.80	6517.29
Dec-2020	6700.00	5951.10	6222.52
Nov-2020	6660.00	5868.00	6269.60

Stock price at BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Dec-2020	45.00	37.40	42.04
Nov-2020	40.20	29.95	34.63
Oct-2020	33.30	29.15	30.80

Stock price at NSE

Stock price at NSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Jan-2021	6800.00	6222.00	6516.51
Dec-2020	6700.00	5951.00	6223.06
Nov-2020	6600.00	5860.00	6270.86

Stock price at NSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Dec-2020	45.00	37.35	42.06
Nov-2020	40.20	29.95	34.63
Oct-2020	33.30	29.10	30.78

Compare with others

Atul Limited	National Aluminium Company Limited
Gail India Buyback	Bharat Rasayan Buyback
NALCO Buyback	Jagran Prakashan Buyback
Neelamalai Agro Buyback	Nava Bharat Ventures Buyback
VRL Logistics Buyback	Indian Toners & Developers Buyback
Anup Engineering Buyback	Gail India Buyback
Freshtrop Fruits Buyback	Neelamalai Agro Buyback
Archidply Industries Buyback	VRL Logistics Buyback
Industrial and Prudential Investment Buyback	Anup Engineering Buyback
Jullundur Motor Agency Buyback	Atul Buyback
Engineers India Buyback	Freshtrop Fruits Buyback

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