Free Account Opening + AMC Free Demat
Loading...

Archidply Industries Buyback vs Neelamalai Agro Buyback

Comparision between Archidply Industries Buyback and Neelamalai Agro Buyback.

Buyback Details

Archidply Industries 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.

  Archidply Industries Limited Neelamalai Agro Industries Limited
Logo Archidply Industries Buyback Logo Neelamalai Agro Buyback Logo
Type of Buyback Tender Offer Tender Offer
Listing At BSE, NSE BSE
Face Value ₹10 per share ₹10 per share
Buyback Price ₹37 per share ₹1600 per share
Issue Size 22,00,000 shares 25,350 shares
Issue Size (Amount) ₹8.14 Crores ₹4.06 Crores
Buyback Ratio
Category Entitlement Ratio of Buyback
Reserved Category for Small Shareholders 31 Equity Shares out of every 311 Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders 30 Equity Shares out of every 301 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 Skyline Financial Services Private Ltd Cameo Corporate Services Limited
Lead Managers Fast Track Finsec Pvt Ltd Saffron Capital Advisors Private Limited
Necessity of the buyback

The Buyback is being undertaken by the Company to:
i) Return surplus funds to its equity shareholders.
ii) Achieve optimal capital structure, and
iii) To help improve financial ratios like earnings per share and return on equity.

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

Archidply Industries Buyback and Neelamalai Agro Buyback buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. Archidply Industries Buyback Buyback record date is Jan 19, 2021. Neelamalai Agro Buyback Buyback record date is Feb 05, 2021.

  Archidply Industries Limited Neelamalai Agro Industries Limited
Record Date Jan 19, 2021 Feb 05, 2021
Offer Open Date Feb 10, 2021 Feb 24, 2021
Offer Closure Date Feb 24, 2021 Mar 09, 2021
Last date for receipt of tender forms Feb 26, 2021 Mar 09, 2021
Finalisation of buyback Mar 04, 2021 Mar 18, 2021
Last Date for settlment of bids Mar 05, 2021 Mar 19, 2021
Last Date for extinguishment of shares Mar 13, 2021 Mar 26, 2021

Financial Details and Other Relevent Information

Comparison of Archidply Industries 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.

  Archidply Industries 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 2,684.81 3,319.90 3,116.62
Profit After Tax 37.78 44.63 25.09
Net Worth 887.83 1,363.74 1,319.20
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 35.05 26.60 29.30
Nov-2020 29.50 24.50 24.64
Oct-2020 26.90 21.00 24.87

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 35.05 26.60 29.49
Nov-2020 29.50 25.05 26.86
Oct-2020 26.90 23.05 24.95

Comments

Add a public comment...