Free Account Opening + AMC Free Demat
Loading...

Mayur Uniquoters Buyback vs Pennar Industries Buyback

Comparision between Mayur Uniquoters Buyback and Pennar Industries Buyback.

Buyback Details

Mayur Uniquoters 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.

  Mayur Uniquoters Limited Pennar Industries Limited
Logo Mayur Uniquoters Buyback Logo Pennar Industries Buyback Logo
Type of Buyback Tender Offer Open Market Through Stock Exchange
Listing At BSE, NSE BSE, NSE
Face Value ₹5 per share ₹5 per share
Buyback Price ₹650 per share ₹50 per share
Issue Size 6,25,000 shares
Issue Size (Amount) ₹40.63 Crores ₹40.00 Crores
Buyback Ratio
Category Entitlement Ratio of Buyback
Reserved Category for Small Shareholders 1 Equity Share out of every 29 Fully paid-up Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders 1 Equity Share out of every 79 Fully paid-up Equity Shares held on the Record Date.
Registrar Beetal Financial & Computer Services (P) Limited Kfin Technologies Limited
Lead Managers Chartered Capital And Investment Limited Finshore Management Services Limited
Necessity of the buyback

The Buyback aims to :
i) Return surplus cash to its Shareholders.
ii) Reduce the outstanding number of equity shares and consequently increase earnings per share and book value per share.
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

Mayur Uniquoters Buyback and Pennar Industries Buyback buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. Mayur Uniquoters Buyback Buyback record date is Feb 23, 2022. Pennar Industries Buyback Buyback record date is .

  Mayur Uniquoters Limited Pennar Industries Limited
Record Date Feb 23, 2022
Offer Open Date Mar 24, 2022 Mar 23, 2022
Offer Closure Date Apr 06, 2022 Sep 22, 2022
Last date for receipt of tender forms Apr 06, 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 Mayur Uniquoters 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.

  Mayur Uniquoters Limited Pennar Industries Limited
Financial
Summary of financial Information (standalone)
Particulars For the year/period ended (Rs. in Millions)
31-Mar-21 31-Mar-20 31-Mar-19
Total Income 5,203.93 5,355.43 5,948.99
Profit After Tax 890.38 806.43 871.67
Net Worth 6,354.16 5,871.61 5,229.53
Reserves and Surplus 6,131.27 5,644.97 5,002.90
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 558.00 462.00 519.77
Dec-2021 635.00 464.30 553.01
Nov-2021 511.00 425.00 460.96

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 557.60 462.35 520.32
Dec-2021 626.90 464.05 552.77
Nov-2021 509.00 424.05 461.54

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

Comments

Add a public comment...