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AksharChem India Buyback vs S H Kelkar Buyback

Comparision between AksharChem India Buyback and S H Kelkar Buyback.

Buyback Details

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

  AksharChem (India) Limited S H Kelkar and Company Limited
Logo AksharChem India Buyback Logo S H Kelkar Buyback Logo
Type of Buyback Tender Offer Tender Offer
Listing At BSE, NSE BSE, NSE
Face Value ₹10 per share ₹10 per share
Buyback Price ₹590 per share ₹210 per share
Issue Size 1,69,491 shares 29,00,000 shares
Issue Size (Amount) ₹10.00 Crores ₹60.90 Crores
Buyback Ratio
Category Entitlement Ratio of Buyback
Reserved Category for Small Shareholders 13 Equity Shares out of every 563 fully paid-up Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders 17 Equity Shares out of every 838 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 Link Intime India Private Ltd
Lead Managers Vivro Financial Services Private Limited Keynote Financial Services Ltd
Necessity of the buyback

The Buyback aims to :
i) Distribute surplus funds to shareholders and thereby enhance their overall return.
ii) Improve financial ratios like Earnings per share (EPS), Return on assets (ROA) and Return on Equity (ROE).

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

Buyback Timetable

AksharChem India 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. AksharChem India Buyback Buyback record date is Nov 12, 2021. S H Kelkar Buyback Buyback record date is Nov 12, 2021.

  AksharChem (India) Limited S H Kelkar and Company Limited
Record Date Nov 12, 2021 Nov 12, 2021
Offer Open Date Dec 08, 2021 Dec 15, 2021
Offer Closure Date Dec 21, 2021 Dec 28, 2021
Last date for receipt of tender forms Dec 21, 2021 Dec 28, 2021
Finalisation of buyback Dec 29, 2021 Jan 05, 2022
Last Date for settlment of bids Dec 30, 2021 Jan 06, 2022
Last Date for extinguishment of shares Jan 06, 2022 Jan 13, 2022

Financial Details and Other Relevent Information

Comparison of AksharChem India 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.

  AksharChem (India) Limited S H Kelkar and Company Limited
Financial
Summary of financial Information standalone)
Particulars For the year/period ended (Rs. in Millions)
  30-Sep-21 31-Mar-21 31-Mar-20 31-Mar-19
Total Income 1,789.62 2,476.11 2,611.97 3,282.32
Profit After Tax 79.97 125.00 157.22 225.89
Reserves & Surplus 2,756.18 2,705.19 2,571.09 2,489.99
Net Worth 2,883.21 2,787.22 2,653.12 2,572.02
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
Oct-2021 613.50 406.25 509.17
Sep-2021 469.00 399.25 425.43
Aug-2021 490.00 386.10 435.56

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 613.70 404.30 508.70
Sep-2021 468.00 399.10 425.24
Aug-2021 490.00 385.00 436.17

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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