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Nava Bharat Ventures Buyback vs VRL Logistics Buyback

Comparision between Nava Bharat Ventures Buyback and VRL Logistics Buyback.

Buyback Details

Nava Bharat Ventures Buyback is a Open Market Through Stock Exchange buyback proposed to list at BSE, NSE while VRL Logistics Buyback is a Open Market Through Stock Exchange proposed to list at BSE, NSE.

  Nava Bharat Ventures Limited VRL Logistics Limited
Logo Nava Bharat Ventures Buyback Logo VRL Logistics Buyback Logo
Type of Buyback Open Market Through Stock Exchange Open Market Through Stock Exchange
Listing At BSE, NSE BSE, NSE
Face Value ₹2 per share ₹10 per share
Buyback Price ₹100 per share ₹300 per share
Issue Size
Issue Size (Amount) ₹150.00 Crores ₹60.00 Crores
Buyback Ratio
Registrar Kfin Technologies Limited Kfin Technologies Limited
Lead Managers Akasam Consulting Private Limited ICICI Securities Limited
Necessity of the buyback

The Buyback is undertaken by the Company to:
(i) Optimize returns to shareholders.
(ii) Enhance overall shareholder's value.
(iii) Return surplus cash to the shareholders.
(iv) To improve return on equity.

The Buyback will help the Company achieve the following objectives:
i) Optimize returns to shareholders;
ii) Enhance overall shareholders’ value; and
iii) Improve return on equity by reduction in the equity base.

Buyback Timetable

Nava Bharat Ventures Buyback and VRL Logistics Buyback buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. Nava Bharat Ventures Buyback Buyback record date is . VRL Logistics Buyback Buyback record date is .

  Nava Bharat Ventures Limited VRL Logistics Limited
Record Date
Offer Open Date Mar 10, 2021 Feb 17, 2021
Offer Closure Date Sep 09, 2021 Aug 16, 2021
Last date for receipt of tender forms
Finalisation of buyback
Last Date for settlment of bids
Last Date for extinguishment of shares

Financial Details and Other Relevent Information

Comparison of Nava Bharat Ventures Buyback and VRL Logistics Buyback financial data. The table below also includes a list of all relevant information like Stock Market Data, Compay Information, Lead Manager and Registrar.

  Nava Bharat Ventures Limited VRL Logistics 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 11,322.08 14,377.77 13,551.17
Profit After Tax 1,310.11 1,661.89 1,615.58
Net Worth 29,677.11 29,255.77 27,869.75
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 21,288.56 21,174.68 19,365.50
Profit After Tax 901.14 919.16 925.64
Net Worth 6,168.69 6,459.38 5,932.19
Stock price at BSE

Stock price at BSE (in preceding 3 months)

Month High Price Low Price Average Price
Feb-2021 76.25 57.25 66.22
Jan-2021 64.71 57.10 61.99
Dec-2021 68.85 50.20 60.70

Stock price at BSE (in preceding 3 months)

Month High Price Low Price Average Price
Jan-2021 214.00 165.00 196.03
Dec-2020 214.00 171.80 197.27
Nov-2020 192.60 149.00 166.31
Stock price at NSE

Stock price at NSE (in preceding 3 months)

Month High Price Low Price Average Price
Feb-2021 76.20 57.15 65.86
Jan-2021 64.75 57.20 62.03
Dec-2021 68.45 50.20 60.87

Stock price at NSE (in preceding 3 months)

Month High Price Low Price Average Price
Jan-2021 209.70 179.25 196.00
Dec-2020 214.25 171.75 197.31
Nov-2020 193.05 149.00 166.32

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