Free Account Opening + AMC Free Demat
Loading...

Nava Bharat Ventures Buyback vs Neelamalai Agro Buyback

Comparision between Nava Bharat Ventures Buyback and Neelamalai Agro Buyback.

Buyback Details

Nava Bharat Ventures 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.

  Nava Bharat Ventures Limited Neelamalai Agro Industries Limited
Logo Nava Bharat Ventures Buyback Logo Neelamalai Agro Buyback Logo
Type of Buyback Open Market Through Stock Exchange Tender Offer
Listing At BSE, NSE BSE
Face Value ₹2 per share ₹10 per share
Buyback Price ₹100 per share ₹1600 per share
Issue Size 25,350 shares
Issue Size (Amount) ₹150.00 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 Kfin Technologies Limited Cameo Corporate Services Limited
Lead Managers Akasam Consulting Private Limited Saffron Capital Advisors Private Limited
Necessity of the buyback

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.

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

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

  Nava Bharat Ventures Limited Neelamalai Agro Industries Limited
Record Date Feb 05, 2021
Offer Open Date Mar 10, 2021 Feb 24, 2021
Offer Closure Date Sep 09, 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 Nava Bharat Ventures 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.

  Nava Bharat Ventures 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 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
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
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 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
Feb-2021 76.20 57.15 65.86
Jan-2021 64.75 57.20 62.03
Dec-2021 68.45 50.20 60.87

Comments

Add a public comment...