Navneet Education Buyback vs Welspun India Buyback

Comparision between Navneet Education Buyback and Welspun India Buyback.

Buyback Details

Navneet Education Buyback is a Open Market Through Stock Exchange buyback proposed to list at BSE, NSE while Welspun India Buyback is a Tender Offer proposed to list at BSE, NSE.

Navneet Education Limited

Welspun India Limited

Logo

Type of Buyback

Open Market Through Stock Exchange

Tender Offer

Listing At

BSE, NSE

Face Value

₹2 per share

₹1 per share

Buyback Price

₹100 per share

₹120 per share

Issue Size

1,66,66,666 shares

Issue Size (Amount)

₹50.00 Crores

₹200.00 Crores

Buyback Ratio

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

Inga Ventures Pvt Ltd

Dam Capital Advisors Ltd (Formerly Idfc Securities Ltd)

Necessity of the buyback

The Buyback aims to :
i) Return surplus cash to the shareholders and enhance overall return to the shareholders.
ii) Improve Return on Equity and Earnings per share 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

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

	Navneet Education Limited	Welspun India Limited
Record Date		May 26, 2021
Offer Open Date	Jun 07, 2021	Jun 22, 2021
Offer Closure Date	Dec 06, 2021	Jul 05, 2021
Last date for receipt of tender forms		Jul 07, 2021
Finalisation of buyback		Jul 13, 2021
Last Date for settlment of bids		Jul 14, 2021
Last Date for extinguishment of shares		Jul 21, 2021

Financial Details and Other Relevent Information

Comparison of Navneet Education 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.

Navneet Education Limited

Welspun India Limited

Financial

Summary of financial Information (consolidated)
Particulars	For the year/period ended (Rs. in Millions)
	31-Mar-21	31-Mar-20	31-Mar-19
Total Income	8,482.20	15,344.70	1,4619.30
Profit After Tax	559.10	1,972.40	1,528.20
Net Worth	9,343.90	8,784.70	7,916.00

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	85.10	72.85	77.53
Mar-2021	95.10	79.50	85.15
Feb-2021	91.80	80.00	84.09

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
Apr-2021	85.20	73.25	77.47
Mar-2021	95.20	79.45	85.16
Feb-2021	91.00	80.35	84.10

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

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Welspun India Buyback	Infosys Buyback
Infobeans Technologies Buyback	Navneet Education Buyback
Quick Heal Technologies Buyback	Infobeans Technologies Buyback
SIS Buyback	Quick Heal Technologies Buyback
Smartlink Holdings Buyback	SIS Buyback
Aarti Drugs Buyback	Smartlink Holdings Buyback

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