Gujarat Apollo Industries Buyback vs Suprajit Engineering Buyback

Comparision between Gujarat Apollo Industries Buyback and Suprajit Engineering Buyback.

Buyback Details

Gujarat Apollo Industries 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.

Gujarat Apollo Industries Limited

Suprajit Engineering Limited

Logo

Type of Buyback

Tender Offer

Listing At

BSE, NSE

Face Value

₹10 per share

₹1 per share

Buyback Price

₹222 per share

₹320 per share

Issue Size

8,61,915 shares

15,00,000 shares

Issue Size (Amount)

₹19.13 Crores

₹48.00 Crores

Buyback Ratio

Category	Entitlement Ratio of Buyback
Reserved Category for Small Shareholders	23 Equity Shares out of every 168 fully paid-up Equity Shares held on the Record Date
General Category for all other Eligible Shareholders	1 Equity Share out of every 16 fully paid-up 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

PL Capital Markets Private Limited

Capitalsquare Advisors Private Limited

Necessity of the buyback

The Buy-back is being undertaken by the Company to:
i) Effectively utilize surplus cash;
ii) Reduce the fully paid-up, issued and outstanding number of equity shares and consequently increase earnings per share; and
iii) Improve financial ratios like return on net worth and return on capital employed.

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

Gujarat Apollo Industries Buyback and Suprajit Engineering Buyback buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. Gujarat Apollo Industries Buyback Buyback record date is Feb 26, 2021. Suprajit Engineering Buyback Buyback record date is Feb 22, 2021.

	Gujarat Apollo Industries Limited	Suprajit Engineering Limited
Record Date	Feb 26, 2021	Feb 22, 2021
Offer Open Date	Apr 08, 2021	Apr 08, 2021
Offer Closure Date	Apr 26, 2021	Apr 26, 2021
Last date for receipt of tender forms	Apr 28, 2021	Apr 28, 2021
Finalisation of buyback	May 04, 2021	May 04, 2021
Last Date for settlment of bids	May 05, 2021	May 05, 2021
Last Date for extinguishment of shares	May 12, 2021	May 12, 2021

Financial Details and Other Relevent Information

Comparison of Gujarat Apollo Industries 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.

Gujarat Apollo Industries 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	4,586.77	4,623.41	9,677.86
Profit After Tax	1,028.52	625.46	1,036.82
Net Worth	25,786.30	25,195.93	25,325.43

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	273.90	195.60	216.90
Dec-2020	218.25	187.80	200.71
Nov-2020	225.00	178.90	202.98

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	265.55	198.05	216.89
Dec-2020	219.80	191.15	200.88
Nov-2020	219.35	180.75	202.95

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

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

Comments

Add a public comment...