K.P.R Mill Buyback vs Pennar Industries Buyback

Comparision between K.P.R Mill Buyback and Pennar Industries Buyback.

Buyback Details

K.P.R Mill Buyback is a Tender Offer buyback proposed to list at BSE, NSE while Pennar Industries Buyback is a Open Market Through Stock Exchange proposed to list at BSE, NSE.

K.P.R. Mill limited

Pennar Industries Limited

Logo

Type of Buyback

Tender Offer

Open Market Through Stock Exchange

Listing At

BSE, NSE

Face Value

₹1 per share

₹5 per share

Buyback Price

₹805 per share

₹50 per share

Issue Size

22,36,000 shares

Issue Size (Amount)

₹180.00 Crores

₹40.00 Crores

Buyback Ratio

Category	Entitlement Ratio of Buyback
Reserved Category for Small Shareholders	1 Equity Share out of every 16 Fully paid-up Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders	5 Equity Share out of every 891 Fully paid-up Equity Shares held on the Record Date.

Registrar

Kfin Technologies Limited

Lead Managers

Idbi Capital Market Services Limited

Finshore Management Services Limited

Necessity of the buyback

The Buyback aims to :
i) Return surplus cash to its Shareholders.
ii) Optimize the capital structure.
iii) Improve key return ratios like return on equity capital.

The buyback aims to utilize the net proceeds towards the following objectives:

To increase the earnings per share (EPS) over a period of time.
To effectively utilize available cash, and
To improve key return ratios like return on net worth, return on assets, etc.

Buyback Timetable

K.P.R Mill Buyback and Pennar Industries Buyback buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. K.P.R Mill Buyback Buyback record date is Feb 19, 2022. Pennar Industries Buyback Buyback record date is .

	K.P.R. Mill limited	Pennar Industries Limited
Record Date	Feb 19, 2022
Offer Open Date	Mar 25, 2022	Mar 23, 2022
Offer Closure Date	Apr 07, 2022	Sep 22, 2022
Last date for receipt of tender forms	Apr 09, 2022
Finalisation of buyback	Apr 18, 2022
Last Date for settlment of bids	Apr 19, 2022
Last Date for extinguishment of shares	Apr 26, 2022

Financial Details and Other Relevent Information

Comparison of K.P.R Mill Buyback and Pennar Industries Buyback financial data. The table below also includes a list of all relevant information like Stock Market Data, Compay Information, Lead Manager and Registrar.

K.P.R. Mill limited

Pennar Industries Limited

Financial

Summary of financial Information (standalone)
Particulars	For the year/period ended (Rs. in Crores)
	31-Mar-21	31-Mar-20	31-Mar-19
Total Income	2,991.60	2,934.53	3,015.90
Profit After Tax	432.62	294.61	289.11
Net Worth	1,906.54	1,504.88	1,511.20
Reserves and Surplus	1,872.13	1,470.47	1,474.92

Summary of financial Information (Consolidated)
Particulars	For the year/period ended (Rs. in Millions)
	31-Mar-21	31-Mar-20	31-Mar-19
Total Income	15,440.10	21,268.30	21,598.50
Profit After Tax	28.40	534.00	666.60
Net Worth	6,958.30	7,003.30	6,674.90

Stock price at BSE

Stock price at BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Jan-2022	771.80	605.30	709.35
Dec-2021	699.20	502.85	581.87
Nov-2021	548.40	446.00	508.67

Stock price at BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Feb-2022	45.85	31.85	39.85
Jan-2022	45.75	34.00	38.69
Dec-2021	35.85	27.65	31.21

Stock price at NSE

Stock price at NSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Jan-2022	769.00	606.25	709.22
Dec-2021	699.00	503.25	581.71
Nov-2021	548.00	445.60	508.56

Stock price at NSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Feb-2022	45.75	31.70	39.87
Jan-2022	45.85	33.95	38.69
Dec-2021	35.95	27.80	31.21

Compare with others

K.P.R. Mill limited	Pennar Industries Limited
Filatex India Buyback	Sarda Energy & Minerals Buyback
Atul Limited Buyback	UPL Limited Buyback 2022
Pennar Industries Buyback	GAIL (India) Buyback
Gulf Oil Lubricants Buyback Feb 22	Filatex India Buyback
FDC Buyback	Atul Limited Buyback
Mayur Uniquoters Buyback	Gulf Oil Lubricants Buyback Feb 22
Emami Ltd Buyback	FDC Buyback
TCS Buyback	K.P.R Mill Buyback
James Warren Tea Buyback	Mayur Uniquoters Buyback
Great Eastern Shipping Buyback	Emami Ltd Buyback

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