Orbit Exports Buyback 2024 vs Zydus Lifesciences Buyback 2024

Comparision between Orbit Exports Buyback 2024 and Zydus Lifesciences Buyback 2024.

Buyback Details

Orbit Exports Buyback 2024 is a Tender Offer buyback proposed to list at BSE, NSE while Zydus Lifesciences Buyback 2024 is a Tender Offer proposed to list at BSE, NSE.

Orbit Exports Limited

Zydus Lifesciences Limited

Logo

Type of Buyback

Tender Offer

Listing At

BSE, NSE

Face Value

₹10 per share

₹1 per share

Buyback Price

₹250 per share

₹1005 per share

Issue Size

6,00,000 shares

59,70,149 shares

Issue Size (Amount)

₹15.00 Crores

₹600.00 Crores

Buyback Ratio

Category	Entitlement Ratio of Buyback	Shares Offered
Reserved Category for Small Shareholders	6 Equity Shares out of every 97 Fully paid-up Equity Shares held on the Record Date.	90,000.00
General Category for all other Eligible Shareholders	1 Equity Shares out of every 50 Fully paid-up Equity Shares held on the Record Date.	510,000.00

Category	Entitlement Ratio of Buyback	Shares Offered
Reserved Category for Small Shareholders	6 Equity Shares out of every 67 Fully paid-up Equity Shares held on the Record Date.	895,523.00
General Category for all other Eligible Shareholders	2 Equity Shares out of every 395 Fully paid-up Equity Shares held on the Record Date.	5,074,626.00

Registrar

Link Intime India Private Ltd

Lead Managers

Saffron Capital Advisors Private Limited

ICICI Securities Limited

Necessity of the buyback

The Buyback is being undertaken for the following objectives:

Improve the valuation of the company and fair valuation of the share price.
Enhancing the overall return to shareholders in the long run.
Creating long-term value for shareholders.
Improving the fundamental ratios of the company.
Exit option to shareholders particularly small shareholders at a premium over market price.

The Buyback will help the company to distribute a part of the surplus cash to its shareholders holding equity shares thereby, optimizing returns to the shareholders and enhancing the overall shareholders' value in the longer term, and improving the return on equity.

Buyback Timetable

Orbit Exports Buyback 2024 and Zydus Lifesciences Buyback 2024 buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. Orbit Exports Buyback 2024 Buyback record date is Feb 13, 2024. Zydus Lifesciences Buyback 2024 Buyback record date is Feb 23, 2024.

	Orbit Exports Limited	Zydus Lifesciences Limited
Record Date	Feb 13, 2024	Feb 23, 2024
Offer Open Date	Feb 20, 2024	Feb 29, 2024
Offer Closure Date	Feb 26, 2024	Mar 06, 2024
Last date for receipt of tender forms	Feb 26, 2024	Mar 06, 2024
Finalisation of buyback	Mar 01, 2024	Mar 13, 2024
Last Date for settlment of bids	Mar 04, 2024	Mar 14, 2024
Last Date for extinguishment of shares	Mar 14, 2024	Mar 26, 2024

Financial Details and Other Relevent Information

Comparison of Orbit Exports Buyback 2024 and Zydus Lifesciences 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.

Orbit Exports Limited

Zydus Lifesciences Limited

Financial

Orbit Exports Limited Financial Information (Restated Consolidated)

Orbit Exports Limited's revenue increased by 52.66% and profit after tax (PAT) rose by 93.18% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	287.03	279.09	226.16
Revenue	200.25	131.17	73.07
Profit After Tax	34.38	17.80	2.38
Net Worth	217.86	194.59	176.86
Reserves and Surplus	190.37	167.57	149.98
Total Borrowing	25.37	39.17	14.37
Amount in ₹ Crore

Zydus Lifesciences Limited Financial Information (Restated Consolidated)

Zydus Lifesciences Limited's revenue increased by 17.07% and profit after tax (PAT) rose by 78.25% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	31 Mar 2023	31 Mar 2022	31 Mar 2021
Revenue	9,553.50	8,160.60	7,869.30
Profit After Tax	1,529.20	857.90	1,476.20
Net Worth	17,515.80	16,999.60	12,992.30
Reserves and Surplus	1,801.75
Total Borrowing	1,163.20	4,196.00	4,583.50
Amount in ₹ Crore

Stock price at BSE

Stock price at BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Jan-2024	198.10	175.65	185.11
Dec-2023	187.25	173.15	178.77
Nov-2023	223.25	190.40	201.85

Stock price at BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Jan-2024	765.50	684.75	719.52
Dec-2023	696.65	630.15	657.86
Nov-2023	649.00	570.35	619.04

Stock price at NSE

Stock price at NSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Jan-2024	198.25	173.35	184.80
Dec-2023	186.75	172.20	179.20
Nov-2023	224.35	190.95	201.85

Stock price at NSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Jan-2024	766.00	685.00	719.72
Dec-2023	696.50	630.00	658.11
Nov-2023	649.05	630.00	619.14

Compare with others

Orbit Exports Limited	Zydus Lifesciences Limited
Dwarikesh Sugar Industries Buyback 2024	Sharda Motor Industries Buyback 2024
Tips Industries Buyback 2024	Anand Rathi Buyback 2024
Shervani Industrial Syndicate Buyback 2024	Dwarikesh Sugar Industries Buyback 2024
Zydus Lifesciences Buyback 2024	Tips Industries Buyback 2024
Freshtrop Fruits Buyback 2024	Shervani Industrial Syndicate Buyback 2024
Garware Technical Fibres Buyback 2024	Freshtrop Fruits Buyback 2024
Arnold Holdings Buyback 2024	Orbit Exports Buyback 2024
Bajaj Auto Buyback 2024	Garware Technical Fibres Buyback 2024
Chambal Fertilisers and Chemicals Buyback 2024	Arnold Holdings Buyback 2024
Kaveri Seed Company Buyback 2024	Bajaj Auto Buyback 2024

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