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Comparision between Freshtrop Fruits Buyback 2024 and Orbit Exports Buyback 2024.
Freshtrop Fruits Buyback 2024 is a Tender Offer buyback proposed to list at BSE while Orbit Exports Buyback 2024 is a Tender Offer proposed to list at BSE, NSE.
Freshtrop Fruits Limited | Orbit Exports Limited | |||||||||||||||||||
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Type of Buyback | Tender Offer | Tender Offer | ||||||||||||||||||
Listing At | BSE | BSE, NSE | ||||||||||||||||||
Face Value | ₹10 per share | ₹10 per share | ||||||||||||||||||
Buyback Price | ₹175 per share | ₹250 per share | ||||||||||||||||||
Issue Size | 19,25,000 shares | 6,00,000 shares | ||||||||||||||||||
Issue Size (Amount) | ₹33.69 Crores | ₹15.00 Crores | ||||||||||||||||||
Buyback Ratio |
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Registrar | Bigshare Services Pvt Ltd | Link Intime India Private Ltd | ||||||||||||||||||
Lead Managers | Vivro Financial Services Private Limited | Saffron Capital Advisors Private Limited | ||||||||||||||||||
Necessity of the buyback | The current Buyback is in line with the Company's shareholder-friendly capital allocation practices of returning excess cash to shareholders, thereby increasing shareholders' value in the longer term, and improving the Return on Equity. The Buy-back is being undertaken by the Company to enhance shareholders' value and improve financial ratios. Additionally, the Buy-back is being undertaken for the following reasons:
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The Buyback is being undertaken for the following objectives:
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Freshtrop Fruits 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. Freshtrop Fruits Buyback 2024 Buyback record date is Apr 02, 2024. Orbit Exports Buyback 2024 Buyback record date is Feb 13, 2024.
Freshtrop Fruits Limited | Orbit Exports Limited | |
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Record Date | Apr 02, 2024 | Feb 13, 2024 |
Offer Open Date | Apr 08, 2024 | Feb 20, 2024 |
Offer Closure Date | Apr 16, 2024 | Feb 26, 2024 |
Last date for receipt of tender forms | Apr 16, 2024 | Feb 26, 2024 |
Finalisation of buyback | Apr 23, 2024 | Mar 01, 2024 |
Last Date for settlment of bids | Apr 24, 2024 | Mar 04, 2024 |
Last Date for extinguishment of shares | May 06, 2024 | Mar 14, 2024 |
Comparison of Freshtrop Fruits 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.
Freshtrop Fruits Limited | Orbit Exports Limited | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Financial | Freshtrop Fruits Limited Financial Information (Restated)Freshtrop Fruits Limited's revenue increased by 68.7% and profit after tax (PAT) rose by 15.05% between the financial year ending with March 31, 2023 and March 31, 2022.
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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.
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Stock price at BSE | Stock price at BSE (in preceding 3 months)
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Stock price at BSE (in preceding 3 months)
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Stock price at NSE | Stock price at NSE (in preceding 3 months)
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