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Jagran Prakashan Buyback vs Suprajit Engineering Buyback

Comparision between Jagran Prakashan Buyback and Suprajit Engineering Buyback.

Buyback Details

Jagran Prakashan Buyback is a Open Market Through Stock Exchange buyback proposed to list at BSE, NSE while Suprajit Engineering Buyback is a Tender Offer proposed to list at BSE, NSE.

  Jagran Prakashan Limited Suprajit Engineering Limited
Logo Jagran Prakashan Buyback Logo Suprajit Engineering Buyback Logo
Type of Buyback Open Market Through Stock Exchange Tender Offer
Listing At BSE, NSE BSE, NSE
Face Value ₹2 per share ₹1 per share
Buyback Price ₹60 per share ₹320 per share
Issue Size 15,00,000 shares
Issue Size (Amount) ₹118.00 Crores ₹48.00 Crores
Buyback Ratio
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 Kfin Technologies Limited Integrated Registry Management Services Private Limited
Lead Managers Ernst & Young Merchant Banking Services Llp Capitalsquare Advisors Private Limited
Necessity of the buyback

The Buy-back is being undertaken by the Company to:
i) Optimize returns to shareholders;
ii) Enhance overall shareholders' value;
iii) To return surplus cash to its shareholders; and
iv) To improve 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

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

  Jagran Prakashan Limited Suprajit Engineering Limited
Record Date Feb 22, 2021
Offer Open Date Mar 08, 2021 Apr 08, 2021
Offer Closure Date Sep 07, 2021 Apr 26, 2021
Last date for receipt of tender forms Apr 28, 2021
Finalisation of buyback May 04, 2021
Last Date for settlment of bids May 05, 2021
Last Date for extinguishment of shares May 12, 2021

Financial Details and Other Relevent Information

Comparison of Jagran Prakashan 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.

  Jagran Prakashan 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 17,898.73 19,650.07 19,247.38
Profit After Tax 2,622.83 2,199.12 2,660.13
Net Worth 13,717.20 13,399.97 15,213.14
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
Feb-2021 60.30 39.90 46.90
Jan-2021 46.80 39.70 43.52
Dec-2020 46.95 39.05 42.93

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
Feb-2021 60.40 40.30 46.89
Jan-2021 46.70 39.15 43.54
Dec-2020 46.90 39.10 42.90

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

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