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Comparision between Suprajit Engineering Buyback 2024 and Vls Finance Buyback 2024.
Suprajit Engineering Buyback 2024 is a Tender Offer buyback proposed to list at BSE, NSE while Vls Finance Buyback 2024 is a Tender Offer proposed to list at BSE, NSE.
Suprajit Engineering Ltd. | Vls Finance Ltd. | |||||||||||||||||||
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Type of Buyback | Tender Offer | Tender Offer | ||||||||||||||||||
Listing At | BSE, NSE | BSE, NSE | ||||||||||||||||||
Face Value | ₹1 per share | ₹10 per share | ||||||||||||||||||
Buyback Price | ₹750 per share | ₹380 per share | ||||||||||||||||||
Issue Size | 15,00,000 shares | 33,00,000 shares | ||||||||||||||||||
Issue Size (Amount) | ₹112.50 Crores | ₹125.40 Crores | ||||||||||||||||||
Buyback Ratio |
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Registrar | Integrated Registry Management Services Private Limited | Rcmc Share Registry Private Limited | ||||||||||||||||||
Lead Managers | Finshore Management Services Limited | New Berry Capitals Private Limited | ||||||||||||||||||
Necessity of the buyback | The Buyback is being undertaken for the following reasons:
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Having regards to the healthy cash flows that the Company has been able to consistently generate, the future projected cash flows of the Company and the anticipated funds required for capital expenditure and working capital to meet the expected future growth of the Company, the Buy-back is expected to achieve the following objectives:
The Buy Back, which is being implemented through the Tender Offer as prescribed under the SEBI Buy Back Regulations, would involve allocation of 15% of number of Equity Shares that the Company proposes to Buy Back or several Equity Shares entitled as per the shareholding of Small Shareholders, whichever is higher, to Small Shareholders. The Company believes that this reservation of 15% for The Buyback gives the shareholders holding Equity Shares of the Company the option to either (i) participate and receive cash instead of Equity Shares to be accepted under the Buyback Offer or (ii) choose not to participate and enjoy a resultant increase in their percentage shareholding post-buyback Offer without additional investment. |
Suprajit Engineering Buyback 2024 and Vls Finance Buyback 2024 buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. Suprajit Engineering Buyback 2024 Buyback record date is Aug 27, 2024. Vls Finance Buyback 2024 Buyback record date is Aug 26, 2024.
Suprajit Engineering Ltd. | Vls Finance Ltd. | |
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Record Date | Aug 27, 2024 | Aug 26, 2024 |
Offer Open Date | Sep 02, 2024 | Aug 30, 2024 |
Offer Closure Date | Sep 06, 2024 | Sep 05, 2024 |
Last date for receipt of tender forms | Sep 06, 2024 | Sep 05, 2024 |
Finalisation of buyback | Sep 12, 2024 | Sep 12, 2024 |
Last Date for settlment of bids | Sep 13, 2024 | Sep 13, 2024 |
Last Date for extinguishment of shares | Sep 24, 2024 | Sep 23, 2024 |
Comparison of Suprajit Engineering Buyback 2024 and Vls Finance Buyback 2024 financial data. The table below also includes a list of all relevant information like Stock Market Data, Compay Information, Lead Manager and Registrar.
Suprajit Engineering Ltd. | Vls Finance Ltd. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Financial | Suprajit Engineering Ltd. Financial Information (Restated Consolidated)Suprajit Engineering Ltd.'s revenue increased by 6% and profit after tax (PAT) rose by 10% between the financial year ending with March 31, 2024 and March 31, 2023.
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Vls Finance Ltd. Financial Information (Restated Consolidated)Vls Finance Ltd.'s revenue increased by 395% and profit after tax (PAT) rose by 479% between the financial year ending with March 31, 2024 and March 31, 2023.
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Stock price at BSE | Stock price at BSE (in preceding 3 months)
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Stock price at BSE (in preceding 3 months)
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Stock price at NSE | Stock price at NSE (in preceding 3 months)
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Stock price at NSE (in preceding 3 months)
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