Indian Toners & Developers Buyback vs Suprajit Engineering Buyback

Comparision between Indian Toners & Developers Buyback and Suprajit Engineering Buyback.

Buyback Details

Indian Toners & Developers Buyback is a Tender Offer buyback proposed to list at BSE while Suprajit Engineering Buyback is a Tender Offer proposed to list at BSE, NSE.

Indian Toners & Developers Limited

Suprajit Engineering Limited

Logo

Type of Buyback

Tender Offer

Listing At

BSE

BSE, NSE

Face Value

₹10 per share

₹1 per share

Buyback Price

₹160 per share

₹320 per share

Issue Size

23,11,610 shares

15,00,000 shares

Issue Size (Amount)

₹36.99 Crores

₹48.00 Crores

Buyback Ratio

Category	Entitlement Ratio of Buyback
Reserved Category for Small Shareholders	111 Equity Shares out of every 632 fully paid-up Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders	111 Equity Shares out of every 632 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

Alankit Assignments Ltd

Integrated Registry Management Services Private Limited

Lead Managers

Corporate Professionals Capital Private Ltd

Capitalsquare Advisors Private Limited

Necessity of the buyback

The Buyback is undertaken by the Company to:
i) Distribute surplus cash to the Equity shareholders.
ii) Improve financial ratios like earnings per share and return on equity, by reducing the equity base of the company.

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

Indian Toners & Developers Buyback and Suprajit Engineering Buyback buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. Indian Toners & Developers Buyback Buyback record date is Jan 15, 2021. Suprajit Engineering Buyback Buyback record date is Feb 22, 2021.

	Indian Toners & Developers Limited	Suprajit Engineering Limited
Record Date	Jan 15, 2021	Feb 22, 2021
Offer Open Date	Mar 04, 2021	Apr 08, 2021
Offer Closure Date	Mar 18, 2021	Apr 26, 2021
Last date for receipt of tender forms	Mar 22, 2021	Apr 28, 2021
Finalisation of buyback	Mar 24, 2021	May 04, 2021
Last Date for settlment of bids	Mar 25, 2021	May 05, 2021
Last Date for extinguishment of shares	Apr 08, 2021	May 12, 2021

Financial Details and Other Relevent Information

Comparison of Indian Toners & Developers 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.

Indian Toners & Developers Limited

Suprajit Engineering Limited

Financial

Summary of financial Information (standalone)
Particulars	For the year/period ended (Rs. in Millions)
	31-Mar-20	31-Mar-19	31-Mar-18
Total Income	980.64	1,219.71	1,192.35
Profit After Tax	121.94	204.15	242.23
Net Worth	1,844.21	1,798.63	1,644.31

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
Dec-2020	131.00	117.55	124.65
Nov-2020	137.50	107.25	124.69
Oct-2020	117.45	87.05	103.04

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	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

Indian Toners & Developers Limited	Suprajit Engineering Limited
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Suprajit Engineering Buyback	Insecticides India Buyback
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Jagran Prakashan Buyback	Savita Oil Buyback
Nava Bharat Ventures Buyback	NIIT Buyback
Gail India Buyback	Bharat Rasayan Buyback
NALCO Buyback	Jagran Prakashan Buyback
Neelamalai Agro Buyback	Nava Bharat Ventures Buyback
VRL Logistics Buyback	Indian Toners & Developers Buyback
Anup Engineering Buyback	Gail India Buyback

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