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Rsystems Buyback vs Star Cement Buyback

Comparision between Rsystems Buyback and Star Cement Buyback.

Buyback Details

Rsystems Buyback is a Tender Offer buyback proposed to list at BSE, NSE while Star Cement Buyback is a Tender Offer proposed to list at BSE, NSE.

  R Systems International Limited Star Cement Limited
Logo Rsystems Buyback Logo Star Cement Buyback Logo
Type of Buyback Tender Offer Tender Offer
Listing At BSE, NSE BSE, NSE
Face Value ₹1 per share ₹1 per share
Buyback Price ₹225 per share ₹150 per share
Issue Size 13,33,000 shares 82,48,580 shares
Issue Size (Amount) ₹29.99 Crores ₹123.73 Crores
Buyback Ratio
Category Entitlement Ratio of Buyback
Reserved Category for Small Shareholders 1 Equity Shares out of every 14 fully paid-up Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders 1 Equity Shares out of every 103 fully paid-up Equity Shares held on the Record Date.
Category Entitlement Ratio of Buyback
Reserved Category for Small Shareholders 6 Equity Shares out of every 47 fully paid-up Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders 2 Equity Shares out of every 115 fully paid-up Equity Shares held on the Record Date.
Registrar Link Intime India Private Ltd Maheshwari Datamatics Pvt. Ltd
Lead Managers Motilal Oswal Investment Advisors Limited Narnolia 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.
ii) 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) Return surplus cash to the shareholders, thereby, optimizing returns to the shareholders and enhancing the overall shareholders’ value.
ii) Improve Return on Equity, Earnings per share, enhance return on invested capital, and thereby enhance shareholder value in the long term.
iii) The Buyback will help in optimizing the capital structure.

Buyback Timetable

Rsystems Buyback and Star Cement Buyback buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. Rsystems Buyback Buyback record date is Aug 27, 2021. Star Cement Buyback Buyback record date is Aug 26, 2021.

  R Systems International Limited Star Cement Limited
Record Date Aug 27, 2021 Aug 26, 2021
Offer Open Date Sep 20, 2021 Sep 22, 2021
Offer Closure Date Oct 01, 2021 Oct 05, 2021
Last date for receipt of tender forms Oct 01, 2021 Oct 07, 2021
Finalisation of buyback Oct 11, 2021 Oct 13, 2021
Last Date for settlment of bids Oct 12, 2021 Oct 14, 2021
Last Date for extinguishment of shares Oct 19, 2021 Oct 21, 2021

Financial Details and Other Relevent Information

Comparison of Rsystems Buyback and Star Cement Buyback financial data. The table below also includes a list of all relevant information like Stock Market Data, Compay Information, Lead Manager and Registrar.

  R Systems International Limited Star Cement Limited
Financial
Summary of financial Information (standalone)
Particulars For the year/period ended (Rs. in Millions)
31-Dec-20 31-Dec-19
Total Income 4,513.08 4,064.40
Profit After Tax 697.07 514.95
Net Worth 3,428.91 2,746.92
Reserves and Surplus 3,309.27 2,627.32
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 1,685.16 1,801.33 1,734.88
Profit After Tax 157.27 218.70 255.89
Net Worth 1,268.45 1,111.17 1,044.87
Reserves and Surplus 1,227.20 1,069.93 1,002.95
Stock price at BSE

Stock price at BSE (in preceding 3 months)

Month High Price Low Price Average Price
Jul-2021 211.45 147.25 171.82
Jun-2021 167.00 130.00 143.13
May-2021 156.85 114.60 134.09

Stock price at BSE (in preceding 3 months)

Month High Price Low Price Average Price
Jul-2021 119.00 107.00 111.73
Jun-2021 117.90 101.10 109.23
May-2021 115.00 98.00 106.07
Stock price at NSE

Stock price at NSE (in preceding 3 months)

Month High Price Low Price Average Price
Jul-2021 211.95 150.55 171.66
Jun-2021 167.00 130.45 143.06
May-2021 155.00 113.15 133.90

Stock price at NSE (in preceding 3 months)

Month High Price Low Price Average Price
Jul-2021 119.25 106.85 111.76
Jun-2021 117.95 101.05 109.30
May-2021 115.30 99.80 106.24

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