Savita Oil Buyback vs Suprajit Engineering Buyback

Comparision between Savita Oil Buyback and Suprajit Engineering Buyback.

Buyback Details

Savita Oil Buyback is a Tender Offer buyback proposed to list at BSE, NSE while Suprajit Engineering Buyback is a Tender Offer proposed to list at BSE, NSE.

Savita Oil Technologies Limited

Suprajit Engineering Limited

Logo

Type of Buyback

Tender Offer

Listing At

BSE, NSE

Face Value

₹10 per share

₹1 per share

Buyback Price

₹1400 per share

₹320 per share

Issue Size

2,51,000 shares

15,00,000 shares

Issue Size (Amount)

₹35.14 Crores

₹48.00 Crores

Buyback Ratio

Category	Entitlement Ratio of Buyback
Reserved Category for Small Shareholders	1 Equity Shares out of every 21 Equity Shares held on the Record Date
General Category for all other Eligible Shareholders	1 Equity Shares out of every 62 Equity Shares held on the Record Date

Category	Entitlement Ratio of Buyback
Reserved Category for Small Shareholders	3 Equity Shares out of every 82 fully paid-up Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders	4 Equity Shares out of every 441 fully paid-up Equity Shares held on the Record Date.

Registrar

Link Intime India Private Ltd

Integrated Registry Management Services Private Limited

Lead Managers

Iti Capital Ltd

Capitalsquare Advisors Private Limited

Necessity of the buyback

The Buy-back is being undertaken by the Company to:
i) To enhance the equity shareholders returns; and
ii) To improve financial ratios like earnings per share, return on equity, by reduction in the equity base.

The Buy-back is being undertaken by the Company to:
i) To return surplus funds to the Equity Shareholders; and
ii) To help improve financial ratios like earnings per share and return on equity, by reducing the equity base of the Company.

Buyback Timetable

Savita Oil Buyback and Suprajit Engineering Buyback buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. Savita Oil Buyback Buyback record date is Mar 05, 2021. Suprajit Engineering Buyback Buyback record date is Feb 22, 2021.

	Savita Oil Technologies Limited	Suprajit Engineering Limited
Record Date	Mar 05, 2021	Feb 22, 2021
Offer Open Date	Apr 15, 2021	Apr 08, 2021
Offer Closure Date	Apr 29, 2021	Apr 26, 2021
Last date for receipt of tender forms	May 03, 2021	Apr 28, 2021
Finalisation of buyback	May 07, 2021	May 04, 2021
Last Date for settlment of bids	May 10, 2021	May 05, 2021
Last Date for extinguishment of shares	May 17, 2021	May 12, 2021

Financial Details and Other Relevent Information

Comparison of Savita Oil Buyback and Suprajit Engineering Buyback financial data. The table below also includes a list of all relevant information like Stock Market Data, Compay Information, Lead Manager and Registrar.

Savita Oil Technologies Limited

Suprajit Engineering Limited

Financial

Summary of financial Information (Standalone)
Particulars	For the year/period ended (Rs. in Lakhs)
	31-Mar-20	31-Mar-19	31-Mar-18
Total Income	2,05,778.42	2,28,091.73	1,83,418.04
Profit After Tax	9,564.24	11,427.01	12,619.59
Net Worth	86,858.47	85,160.48	74,230.93

Summary of financial Information (consolidated)
Particulars	For the year/period ended (Rs. in Millions)
	31-Mar-20	31-Mar-19	31-Mar-18
Total Income	15,852.16	16,278.95	14,758.44
Profit After Tax	1,039.65	1337.94	1,384.83
Net Worth	8,537.68	7,750.73	6,549.00

Stock price at BSE

Stock price at BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Jan-2021	745.00	655.10	700.14
Dec-2020	800.00	695.00	724.13
Nov-2020	784.00	670.00	688.31

Stock price at BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Jan-2021	219.17	199.50	211.63
Dec-2020	203.45	190.30	198.22
Nov-2020	196.55	175.65	190.26

Stock price at NSE

Stock price at NSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Jan-2021	742.00	655.00	699.84
Dec-2020	845.70	691.00	723.66
Nov-2020	790.00	664.95	689.62

Stock price at NSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Jan-2021	219.60	199.60	211.60
Dec-2020	203.60	190.45	198.38
Nov-2020	196.90	175.90	190.31

Compare with others

Savita Oil Technologies Limited	Suprajit Engineering Limited
SIS Buyback	Aarti Drugs Buyback
Smartlink Holdings Buyback	Insecticides India Buyback
Aarti Drugs Buyback	Gujarat Apollo Industries Buyback
Insecticides India Buyback	Savita Oil Buyback
Gujarat Apollo Industries Buyback	NIIT Buyback
NIIT Buyback	Bharat Rasayan Buyback
Suprajit Engineering Buyback	Jagran Prakashan Buyback
Bharat Rasayan Buyback	Nava Bharat Ventures Buyback
Jagran Prakashan Buyback	Indian Toners & Developers Buyback
Nava Bharat Ventures Buyback	Gail India Buyback

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