Aarti Drugs Buyback vs NIIT Buyback

Comparision between Aarti Drugs Buyback and NIIT Buyback.

Buyback Details

Aarti Drugs Buyback is a Tender Offer buyback proposed to list at BSE, NSE while NIIT Buyback is a Tender Offer proposed to list at BSE, NSE.

Aarti Drugs Limited

NIIT Limited

Logo

Type of Buyback

Tender Offer

Listing At

BSE, NSE

Face Value

₹10 per share

₹2 per share

Buyback Price

₹1000 per share

₹240 per share

Issue Size

6,00,000 shares

98,75,000 shares

Issue Size (Amount)

₹60.00 Crores

₹237.00 Crores

Buyback Ratio

Category	Entitlement Ratio of Buyback
Reserved Category for Small Shareholders	8 Equity Shares out of every 569 paid-up Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders	5 Equity Shares out of every 851 paid-up Equity Shares held on the Record Date.

Category	Entitlement Ratio of Buyback
Reserved Category for Small Shareholders	102 Equity Shares for every 919 Equity Shares held on the Record Date
General Category for all other Eligible Shareholders	19 Equity Shares for every 292 Equity Shares held on the Record Date

Registrar

Link Intime India Private Ltd

Lead Managers

Inga Ventures Pvt Ltd

Jm Financial Limited

Necessity of the buyback

The Buyback aims to :
i) Service the equity more efficiently.
ii) Return surplus cash to the shareholders.
ii) Improve Return on Equity
iii) Improve earnings per share and thus increase the shareholder's value in the long-term.

The Buyback is being undertaken by the Company to:
i) To return surplus funds to the Equity Shareholders; and
ii) To help improve financial ratios like earnings per share and return on equity, by reducing the equity capital of the Company.

Buyback Timetable

Aarti Drugs Buyback and NIIT Buyback buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. Aarti Drugs Buyback Buyback record date is Apr 01, 2021. NIIT Buyback Buyback record date is Feb 24, 2021.

	Aarti Drugs Limited	NIIT Limited
Record Date	Apr 01, 2021	Feb 24, 2021
Offer Open Date	Apr 27, 2021	Apr 12, 2021
Offer Closure Date	May 10, 2021	Apr 28, 2021
Last date for receipt of tender forms	May 12, 2021	Apr 30, 2021
Finalisation of buyback	May 19, 2021	May 06, 2021
Last Date for settlment of bids	May 20, 2021	May 07, 2021
Last Date for extinguishment of shares	May 27, 2021	May 14, 2021

Financial Details and Other Relevent Information

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

Aarti Drugs Limited

NIIT Limited

Financial

Summary of financial Information (consolidated)
Particulars	For the year/period ended (Rs. in Millions)
	31-Mar-20	31-Mar-19	31-Mar-18
Total Income	18,075.71	15,671.17	12,636.18
Profit After Tax	1,413.99	897.52	823.07
Net Worth	6,467.45	5,373.09	4,502.79

Summary of financial Information (consolidated)
Particulars	For the year/period ended (Rs. in Lakhs)
	31-Mar-20	31-Mar-19	31-Mar-18
Total Income	1,00,598	87,136	85,909
Profit After Tax	1,32,718	8,720	6,368
Net Worth	96,292	28,350	18,938

Stock price at BSE

Stock price at BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Feb-2021	694.95	625.00	658.87
Jan-2021	755.50	670.05	710.03
Dec-2021	812.00	645.00	741.25

Stock price at BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Jan-2021	205.95	187.65	198.63
Dec-2020	207.35	168.75	182.88
Nov-2020	190.35	131.50	153.42

Stock price at NSE

Stock price at NSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Feb-2021	695.00	628.00	658.75
Jan-2021	756.00	670.00	710.11
Dec-2021	811.00	645.65	741.17

Stock price at NSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Jan-2021	206.15	187.60	198.60
Dec-2020	207.30	168.85	182.97
Nov-2020	190.50	131.50	153.43

Compare with others

Aarti Drugs Limited	NIIT Limited
Navneet Education Buyback	Smartlink Holdings Buyback
Infobeans Technologies Buyback	Aarti Drugs Buyback
Quick Heal Technologies Buyback	Insecticides India Buyback
SIS Buyback	Gujarat Apollo Industries Buyback
Smartlink Holdings Buyback	Savita Oil Buyback
Insecticides India Buyback	Suprajit Engineering Buyback
Gujarat Apollo Industries Buyback	Bharat Rasayan Buyback
Savita Oil Buyback	Jagran Prakashan Buyback
NIIT Buyback	Nava Bharat Ventures Buyback
Suprajit Engineering Buyback	Indian Toners & Developers Buyback

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