Infobeans Technologies Buyback vs Welspun India Buyback

Comparision between Infobeans Technologies Buyback and Welspun India Buyback.

Buyback Details

Infobeans Technologies Buyback is a Tender Offer buyback proposed to list at NSE while Welspun India Buyback is a Tender Offer proposed to list at BSE, NSE.

Infobeans Technologies Limited

Welspun India Limited

Logo

Type of Buyback

Tender Offer

Listing At

NSE

BSE, NSE

Face Value

₹10 per share

₹1 per share

Buyback Price

₹232 per share

₹120 per share

Issue Size

4,31,717 shares

1,66,66,666 shares

Issue Size (Amount)

₹10.02 Crores

₹200.00 Crores

Buyback Ratio

Category	Entitlement Ratio of Buyback
Reserved Category for Small Shareholders	2 Equity Shares out of every 19 Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders	1 Equity Share out of every 64 Equity Shares held on the Record Date.

Category	Entitlement Ratio of Buyback
Reserved Category for Small Shareholders	43 Equity Shares out of every 469 fully paid-up Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders	1 Equity Shares out of every 69 fully paid-up Equity Shares held on the Record Date.

Registrar

Link Intime India Private Ltd

Lead Managers

Sarthi Capital Advisors Private Limited

Dam Capital Advisors Ltd (Formerly Idfc Securities Ltd)

Necessity of the buyback

The Buyback aims to :
i) Distribute surplus cash to the shareholders and enhance overall return to the shareholders.
ii) Improve Return on Equity and thereby enhance shareholder value in the long term.

The Buyback aims to :
i) Return surplus cash to the shareholders and enhance overall return to the shareholders.
ii) Improve Return on Equity, Earnings per share, enhance return on invested capital, and thereby enhance shareholder value in the long term.

Buyback Timetable

Infobeans Technologies Buyback and Welspun India Buyback buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. Infobeans Technologies Buyback Buyback record date is May 07, 2021. Welspun India Buyback Buyback record date is May 26, 2021.

	Infobeans Technologies Limited	Welspun India Limited
Record Date	May 07, 2021	May 26, 2021
Offer Open Date	Jun 08, 2021	Jun 22, 2021
Offer Closure Date	Jun 21, 2021	Jul 05, 2021
Last date for receipt of tender forms	Jun 23, 2021	Jul 07, 2021
Finalisation of buyback	Jun 29, 2021	Jul 13, 2021
Last Date for settlment of bids	Jun 30, 2021	Jul 14, 2021
Last Date for extinguishment of shares	Jul 07, 2021	Jul 21, 2021

Financial Details and Other Relevent Information

Comparison of Infobeans Technologies Buyback and Welspun India Buyback financial data. The table below also includes a list of all relevant information like Stock Market Data, Compay Information, Lead Manager and Registrar.

Infobeans Technologies Limited

Welspun India Limited

Financial

Summary of financial Information (standalone)
Particulars	For the year/period ended (Rs. in Millions)
	31-Mar-21	31-Mar-20	31-Mar-19
Total Income	1,254.84	1,182.94	1,043.89
Profit After Tax	328.92	241.15	208.71
Net Worth	1,769.55	1,459.85	1,277.24
Reserves and Surplus	1,529.39	1,219.69	1,037.08

Summary of financial Information standalone)
Particulars	For the year/period ended (Rs. in Millions)
	31-Mar-21	31-Mar-20	31-Mar-19
Total Income	60,395.66	53,667.09	54,783.04
Profit After Tax	5,266.70	4,748.92	1,417.65
Net Worth	31,433.21	26,117.12	22,942.79

Stock price at BSE

Stock price at BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Apr-2021	87.90	75.55	80.30
Mar-2021	87.60	67.35	77.50
Feb-2021	74.90	65.70	68.60

Stock price at NSE

Stock price at NSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Mar-2021	157.95	135.30	146.01
Feb-2021	164.45	136.00	144.99
Jan-2021	160.50	139.00	148.49

Stock price at NSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Apr-2021	87.50	75.55	80.40
Mar-2021	87.60	67.40	77.60
Feb-2021	75.00	65.40	68.60

Compare with others

Infobeans Technologies Limited	Welspun India Limited
Balrampur Chini Mills Buyback	Rsystems Buyback
Tanla Platforms Buyback	Kaveri Seed Buyback
Infosys Buyback	Balrampur Chini Mills Buyback
Welspun India Buyback	Tanla Platforms Buyback
Navneet Education Buyback	Infosys Buyback
Quick Heal Technologies Buyback	Navneet Education Buyback
SIS Buyback	Infobeans Technologies Buyback
Smartlink Holdings Buyback	Quick Heal Technologies Buyback
Aarti Drugs Buyback	SIS Buyback
Insecticides India Buyback	Smartlink Holdings Buyback

Comments

Add a public comment...