Rishiroop Limited Buyback vs S H Kelkar Buyback

Comparision between Rishiroop Limited Buyback and S H Kelkar Buyback.

Buyback Details

Rishiroop Limited Buyback is a Tender Offer buyback proposed to list at BSE while S H Kelkar Buyback is a Tender Offer proposed to list at BSE, NSE.

Rishiroop Limited

S H Kelkar and Company Limited

Logo

Type of Buyback

Tender Offer

Listing At

BSE

BSE, NSE

Face Value

₹10 per share

Buyback Price

₹125 per share

₹210 per share

Issue Size

6,40,000 shares

29,00,000 shares

Issue Size (Amount)

₹8.00 Crores

₹60.90 Crores

Buyback Ratio

Category	Entitlement Ratio of Buyback
Reserved Category for Small Shareholders	5 Equity Shares out of every 57 fully paid-up Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders	6 Equity Shares out of every 95 fully paid-up Equity Shares held on the Record Date.

Category	Entitlement Ratio of Buyback
Reserved Category for Small Shareholders	1 Equity Shares out of every 17 fully paid-up Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders	2 Equity Shares out of every 109 fully paid-up Equity Shares held on the Record Date.

Registrar

Link Intime India Private Ltd

Lead Managers

Inga Ventures Pvt Ltd

Keynote Financial Services Ltd

Necessity of the buyback

The Buyback aims to:
i) help the Company to distribute surplus cash to its shareholders holding Equity Shares broadly in proportion to their shareholding, thereby, enhancing the overall return to shareholders.
iii) in improving financial ratios like earnings per share and return on equity, by reducing the equity base of the Company.

The Buyback aims to :
i) Reward the shareholders.
ii) Optimize the capital structure

Buyback Timetable

Rishiroop Limited Buyback and S H Kelkar Buyback buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. Rishiroop Limited Buyback Buyback record date is Sep 09, 2021. S H Kelkar Buyback Buyback record date is Nov 12, 2021.

	Rishiroop Limited	S H Kelkar and Company Limited
Record Date	Sep 09, 2021	Nov 12, 2021
Offer Open Date	Oct 05, 2021	Dec 15, 2021
Offer Closure Date	Oct 20, 2021	Dec 28, 2021
Last date for receipt of tender forms	Oct 22, 2021	Dec 28, 2021
Finalisation of buyback	Oct 28, 2021	Jan 05, 2022
Last Date for settlment of bids	Oct 29, 2021	Jan 06, 2022
Last Date for extinguishment of shares	Nov 05, 2021	Jan 13, 2022

Financial Details and Other Relevent Information

Comparison of Rishiroop Limited Buyback and S H Kelkar Buyback financial data. The table below also includes a list of all relevant information like Stock Market Data, Compay Information, Lead Manager and Registrar.

Rishiroop Limited

S H Kelkar and Company Limited

Financial

Summary of financial Information (standalone)
Particulars	For the year/period ended (Rs. in Millions)
	31-March-21	31-March-20	31-March-19
Total Income	660.70	413.18	629.91
Profit After Tax	299.99	(28.41)	73.01
Net Worth	827.49	574.99	629.09

Summary of financial Information (standalone)
Particulars	For the year/period ended (Rs. in Millions)
	30-Sep-21 (Unaudited)	31-Mar-21	31-Mar-20	31-Mar-19
Total Income	3,724.90	7,954.40	7,290.00	7,129.20
Profit After Tax	155.90	797.10	319.20	449.70
Net Worth	6,403.70	6,349.70	5,687.30	5,965.50
Reserves and Surplus	4,990.50	4,936.50	4,274.10	4,519.30

Stock price at BSE

Stock price at BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Jul-2021	100.50	92.10	95.32
Jun-2021	113.00	92.00	101.58
May-2021	120.10	86.50	99.54

Stock price at BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Oct-2021	167.90	142.20	155.30
Sep-2021	175.10	145.20	162.20
Aug-2021	182.00	134.85	155.11

Stock price at NSE

Stock price at NSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Oct-2021	166.40	142.00	155.28
Sep-2021	175.50	148.25	162.27
Aug-2021	182.20	135.00	155.10

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Rishiroop Limited	S H Kelkar and Company Limited
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Shriram Pistons & Rings Buyback	Rishiroop Limited Buyback
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