NALCO Buyback vs Neelamalai Agro Buyback

Comparision between NALCO Buyback and Neelamalai Agro Buyback.

Buyback Details

NALCO Buyback is a Tender Offer buyback proposed to list at BSE, NSE while Neelamalai Agro Buyback is a Tender Offer proposed to list at BSE.

National Aluminium Company Limited

Neelamalai Agro Industries Limited

Logo

Type of Buyback

Tender Offer

Listing At

BSE, NSE

BSE

Face Value

₹5 per share

₹10 per share

Buyback Price

₹57.5 per share

₹1600 per share

Issue Size

13,02,79,083 shares

25,350 shares

Issue Size (Amount)

₹749.10 Crores

₹4.06 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.

Category	Entitlement Ratio of Buyback
Reserved Category for Small Shareholders	1 Equity Shares out of every 8 Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders	1 Equity Shares out of every 8 Equity Shares held on the Record Date.

Registrar

Kfin Technologies Limited

Cameo Corporate Services Limited

Lead Managers

Idbi Capital Market Services Limited

Saffron Capital Advisors Private Limited

Necessity of the buyback

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.

The Buy-back is being undertaken by the Company to:
i) Improve key financial ratios;
ii) Return part of surplus cash, back to shareholders ;
iii) Improve earnings per share;
iv) Reduce outstanding shares; and
v) Enhance return on invested capital.

Buyback Timetable

NALCO Buyback and Neelamalai Agro Buyback buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. NALCO Buyback Buyback record date is Feb 08, 2021. Neelamalai Agro Buyback Buyback record date is Feb 05, 2021.

	National Aluminium Company Limited	Neelamalai Agro Industries Limited
Record Date	Feb 08, 2021	Feb 05, 2021
Offer Open Date	Feb 25, 2021	Feb 24, 2021
Offer Closure Date	Mar 10, 2021	Mar 09, 2021
Last date for receipt of tender forms	Mar 12, 2021	Mar 09, 2021
Finalisation of buyback	Mar 16, 2021	Mar 18, 2021
Last Date for settlment of bids	Mar 17, 2021	Mar 19, 2021
Last Date for extinguishment of shares	Mar 19, 2021	Mar 26, 2021

Financial Details and Other Relevent Information

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

National Aluminium Company Limited

Neelamalai Agro Industries Limited

Financial

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

Summary of financial Information (Consolidated)
Particulars	For the year/period ended (Rs in Million)
	31-Mar-20	31-Mar-19	31-Mar-18
Total Income	265.30	379.17	308.64
Profit After Tax	171.40	138.92	120.55
Net Worth	1,677.41	1,560.31	1,434.92

Stock price at BSE

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 BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Dec-2020	1487.25	1349.00	1418.13
Nov-2020	1287.70	1009.00	1148.35
Sep-2020	993.15	945.90	969.53

Stock price at NSE

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

National Aluminium Company Limited	Neelamalai Agro Industries Limited
Bharat Rasayan Buyback	Jagran Prakashan Buyback
Jagran Prakashan Buyback	Nava Bharat Ventures Buyback
Nava Bharat Ventures Buyback	Indian Toners & Developers Buyback
Indian Toners & Developers Buyback	Gail India Buyback
Gail India Buyback	NALCO Buyback
Neelamalai Agro Buyback	VRL Logistics Buyback
VRL Logistics Buyback	Anup Engineering Buyback
Anup Engineering Buyback	Atul Buyback
Atul Buyback	Freshtrop Fruits Buyback
Freshtrop Fruits Buyback	Archidply Industries Buyback

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