Indian Toners & Developers Buyback vs Nava Bharat Ventures Buyback

Comparision between Indian Toners & Developers Buyback and Nava Bharat Ventures Buyback.

Buyback Details

Indian Toners & Developers Buyback is a Tender Offer buyback proposed to list at BSE while Nava Bharat Ventures Buyback is a Open Market Through Stock Exchange proposed to list at BSE, NSE.

Indian Toners & Developers Limited

Nava Bharat Ventures Limited

Logo

Type of Buyback

Tender Offer

Open Market Through Stock Exchange

Listing At

BSE

BSE, NSE

Face Value

₹10 per share

₹2 per share

Buyback Price

₹160 per share

₹100 per share

Issue Size

23,11,610 shares

Issue Size (Amount)

₹36.99 Crores

₹150.00 Crores

Buyback Ratio

Category	Entitlement Ratio of Buyback
Reserved Category for Small Shareholders	111 Equity Shares out of every 632 fully paid-up Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders	111 Equity Shares out of every 632 fully paid-up Equity Shares held on the Record Date.

Registrar

Alankit Assignments Ltd

Kfin Technologies Limited

Lead Managers

Corporate Professionals Capital Private Ltd

Akasam Consulting Private Limited

Necessity of the buyback

The Buyback is undertaken by the Company to:
i) Distribute surplus cash to the Equity shareholders.
ii) Improve financial ratios like earnings per share and return on equity, by reducing the equity base of the company.

The Buyback is undertaken by the Company to:
(i) Optimize returns to shareholders.
(ii) Enhance overall shareholder's value.
(iii) Return surplus cash to the shareholders.
(iv) To improve return on equity.

Buyback Timetable

Indian Toners & Developers Buyback and Nava Bharat Ventures Buyback buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. Indian Toners & Developers Buyback Buyback record date is Jan 15, 2021. Nava Bharat Ventures Buyback Buyback record date is .

	Indian Toners & Developers Limited	Nava Bharat Ventures Limited
Record Date	Jan 15, 2021
Offer Open Date	Mar 04, 2021	Mar 10, 2021
Offer Closure Date	Mar 18, 2021	Sep 09, 2021
Last date for receipt of tender forms	Mar 22, 2021
Finalisation of buyback	Mar 24, 2021
Last Date for settlment of bids	Mar 25, 2021
Last Date for extinguishment of shares	Apr 08, 2021

Financial Details and Other Relevent Information

Comparison of Indian Toners & Developers Buyback and Nava Bharat Ventures Buyback financial data. The table below also includes a list of all relevant information like Stock Market Data, Compay Information, Lead Manager and Registrar.

Indian Toners & Developers Limited

Nava Bharat Ventures Limited

Financial

Summary of financial Information (standalone)
Particulars	For the year/period ended (Rs. in Millions)
	31-Mar-20	31-Mar-19	31-Mar-18
Total Income	980.64	1,219.71	1,192.35
Profit After Tax	121.94	204.15	242.23
Net Worth	1,844.21	1,798.63	1,644.31

Summary of financial Information (standalone)
Particulars	For the year/period ended (Rs. in Millions)
	31-Mar-20	31-Mar-19	31-Mar-18
Total Income	11,322.08	14,377.77	13,551.17
Profit After Tax	1,310.11	1,661.89	1,615.58
Net Worth	29,677.11	29,255.77	27,869.75

Stock price at BSE

Stock price at BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Dec-2020	131.00	117.55	124.65
Nov-2020	137.50	107.25	124.69
Oct-2020	117.45	87.05	103.04

Stock price at BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Feb-2021	76.25	57.25	66.22
Jan-2021	64.71	57.10	61.99
Dec-2021	68.85	50.20	60.70

Stock price at NSE

Stock price at NSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Feb-2021	76.20	57.15	65.86
Jan-2021	64.75	57.20	62.03
Dec-2021	68.45	50.20	60.87

Compare with others

Indian Toners & Developers Limited	Nava Bharat Ventures Limited
NIIT Buyback	Savita Oil Buyback
Suprajit Engineering Buyback	NIIT Buyback
Bharat Rasayan Buyback	Suprajit Engineering Buyback
Jagran Prakashan Buyback	Bharat Rasayan Buyback
Nava Bharat Ventures Buyback	Jagran Prakashan Buyback
Gail India Buyback	Indian Toners & Developers Buyback
NALCO Buyback	Gail India Buyback
Neelamalai Agro Buyback	NALCO Buyback
VRL Logistics Buyback	Neelamalai Agro Buyback
Anup Engineering Buyback	VRL Logistics Buyback

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