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Anup Engineering Buyback vs Neelamalai Agro Buyback

Comparision between Anup Engineering Buyback and Neelamalai Agro Buyback.

Buyback Details

Anup Engineering Buyback is a Open Market Through Stock Exchange buyback proposed to list at BSE, NSE while Neelamalai Agro Buyback is a Tender Offer proposed to list at BSE.

  The Anup Engineering Limited Neelamalai Agro Industries Limited
Logo Anup Engineering Buyback Logo Neelamalai Agro Buyback Logo
Type of Buyback Open Market Through Stock Exchange Tender Offer
Listing At BSE, NSE BSE
Face Value ₹10 per share ₹10 per share
Buyback Price ₹800 per share ₹1600 per share
Issue Size 25,350 shares
Issue Size (Amount) ₹25.00 Crores ₹4.06 Crores
Buyback Ratio
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 Link Intime India Private Ltd Cameo Corporate Services Limited
Lead Managers Vivro Financial Services Private Limited Saffron Capital Advisors Private Limited
Necessity of the buyback

The Buy-back is being undertaken by the Company to:
i) Return surplus funds to the equity shareholders of the company;
ii) Improve return on equity through distribution of surplus fund; and
iii) Improve earnings per share by reduction in the equity base, thereby leading to long-term increase in shareholder’s value.

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

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

  The Anup Engineering Limited Neelamalai Agro Industries Limited
Record Date Feb 05, 2021
Offer Open Date Feb 24, 2021 Feb 24, 2021
Offer Closure Date Aug 23, 2021 Mar 09, 2021
Last date for receipt of tender forms Mar 09, 2021
Finalisation of buyback Mar 18, 2021
Last Date for settlment of bids Mar 19, 2021
Last Date for extinguishment of shares Mar 26, 2021

Financial Details and Other Relevent Information

Comparison of Anup Engineering 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.

  The Anup Engineering Limited Neelamalai Agro Industries 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 2,495.28 2,475.73 0
Profit After Tax 429.68 419.85 (0.10)
Net Worth 3,229.14 2,816.52 0.39
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
Jan-2021 800.00 689.65 726.67
Dec-2020 839.00 594.85 705.05
Nov-2020 625.00 536.00 585.18

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
Jan-2021 824.00 688.65 726.51
Dec-2020 839.20 596.00 704.37
Nov-2020 626.90 537.00 585.15

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