Chambal Fertilisers and Chemicals Buyback 2024 vs Orbit Exports Buyback 2024

Comparision between Chambal Fertilisers and Chemicals Buyback 2024 and Orbit Exports Buyback 2024.

Buyback Details

Chambal Fertilisers and Chemicals Buyback 2024 is a Tender Offer buyback proposed to list at BSE, NSE while Orbit Exports Buyback 2024 is a Tender Offer proposed to list at BSE, NSE.

Chambal Fertilisers and Chemicals Limited

Orbit Exports Limited

Logo

Type of Buyback

Tender Offer

Listing At

BSE, NSE

Face Value

₹10 per share

Buyback Price

₹450 per share

₹250 per share

Issue Size

1,55,55,555 shares

6,00,000 shares

Issue Size (Amount)

₹700.00 Crores

₹15.00 Crores

Buyback Ratio

Category	Entitlement Ratio of Buyback	Shares Offered
Reserved Category for Small Shareholders	1 Equity Shares out of every 14 Fully paid-up Equity Shares held on the Record Date.	2,333,334.00
General Category for all other Eligible Shareholders	1 Equity Shares out of every 29 Fully paid-up Equity Shares held on the Record Date.	13,222,221.00

Category	Entitlement Ratio of Buyback	Shares Offered
Reserved Category for Small Shareholders	6 Equity Shares out of every 97 Fully paid-up Equity Shares held on the Record Date.	90,000.00
General Category for all other Eligible Shareholders	1 Equity Shares out of every 50 Fully paid-up Equity Shares held on the Record Date.	510,000.00

Registrar

Link Intime India Private Ltd

Lead Managers

Axis Capital Limited

Saffron Capital Advisors Private Limited

Necessity of the buyback

The Buyback is being undertaken for the following reasons:

The Buyback will help the Company to return surplus cash to its shareholders holding Equity Shares thereby, enhancing the overall return to shareholders;
The buyback will help the company to improve its capital structure by optimizing debt to equity ratio. It would also help in improving financial ratios such as earnings per share and return on equity.

The Buyback is being undertaken for the following objectives:

Improve the valuation of the company and fair valuation of the share price.
Enhancing the overall return to shareholders in the long run.
Creating long-term value for shareholders.
Improving the fundamental ratios of the company.
Exit option to shareholders particularly small shareholders at a premium over market price.

Buyback Timetable

Chambal Fertilisers and Chemicals Buyback 2024 and Orbit Exports Buyback 2024 buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. Chambal Fertilisers and Chemicals Buyback 2024 Buyback record date is Jan 18, 2024. Orbit Exports Buyback 2024 Buyback record date is Feb 13, 2024.

	Chambal Fertilisers and Chemicals Limited	Orbit Exports Limited
Record Date	Jan 18, 2024	Feb 13, 2024
Offer Open Date	Jan 24, 2024	Feb 20, 2024
Offer Closure Date	Jan 31, 2024	Feb 26, 2024
Last date for receipt of tender forms	Jan 31, 2024	Feb 26, 2024
Finalisation of buyback	Feb 06, 2024	Mar 01, 2024
Last Date for settlment of bids	Feb 07, 2024	Mar 04, 2024
Last Date for extinguishment of shares	Feb 16, 2024	Mar 14, 2024

Financial Details and Other Relevent Information

Comparison of Chambal Fertilisers and Chemicals Buyback 2024 and Orbit Exports Buyback 2024 financial data. The table below also includes a list of all relevant information like Stock Market Data, Compay Information, Lead Manager and Registrar.

Chambal Fertilisers and Chemicals Limited

Orbit Exports Limited

Financial

Chambal Fertilisers and Chemicals Limited Financial Information (Restated Consolidated)

Chambal Fertilisers and Chemicals Limited's revenue increased by 73.15% and profit after tax (PAT) dropped by -33.99% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Sep 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Revenue	11,065.50	27,940.57	16,136.83	12,756.36
Profit After Tax	719.56	1,033.79	1,566.06	1,747.59
Net Worth	7,690.18	7,052.92	6,386.09	5,235.75
Total Borrowing	2,281.11	3,335.27	4,323.09	3,918.41
Amount in ₹ Crore

Orbit Exports Limited Financial Information (Restated Consolidated)

Orbit Exports Limited's revenue increased by 52.66% and profit after tax (PAT) rose by 93.18% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	287.03	279.09	226.16
Revenue	200.25	131.17	73.07
Profit After Tax	34.38	17.80	2.38
Net Worth	217.86	194.59	176.86
Reserves and Surplus	190.37	167.57	149.98
Total Borrowing	25.37	39.17	14.37
Amount in ₹ Crore

Stock price at BSE

Stock price at BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Dec-2023	381.60	320.05	350.35
Nov-2023	319.00	285.25	303.97
Oct-2023	295.25	269.95	282.87

Stock price at BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Jan-2024	198.10	175.65	185.11
Dec-2023	187.25	173.15	178.77
Nov-2023	223.25	190.40	201.85

Stock price at NSE

Stock price at NSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Dec-2023	381.45	320.20	350.43
Nov-2023	319.05	285.35	304.01
Oct-2023	295.60	270.00	283.02

Stock price at NSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Jan-2024	198.25	173.35	184.80
Dec-2023	186.75	172.20	179.20
Nov-2023	224.35	190.95	201.85

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Chambal Fertilisers and Chemicals Limited	Orbit Exports Limited
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Rajoo Engineers Buyback 2023	Kaveri Seed Company Buyback 2024

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