Birlasoft Limited Buyback vs Zydus Lifesciences Buyback

Comparision between Birlasoft Limited Buyback and Zydus Lifesciences Buyback.

Buyback Details

Birlasoft Limited Buyback is a Tender Offer buyback proposed to list at BSE, NSE while Zydus Lifesciences Buyback is a Tender Offer proposed to list at BSE, NSE.

Birlasoft Limited

Zydus Lifesciences Limited

Logo

Type of Buyback

Tender Offer

Listing At

BSE, NSE

Face Value

₹2 per share

₹1 per share

Buyback Price

₹500 per share

₹650 per share

Issue Size

78,00,000 shares

1,15,38,461 shares

Issue Size (Amount)

₹390.00 Crores

₹750.00 Crores

Buyback Ratio

Category	Entitlement Ratio of Buyback
Reserved Category for Small Shareholders	26 Equity Share out of every 557 Fully paid-up Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders	26 Equity Shares out of every 557 Fully paid-up Equity Shares held on the Record Date.

Category	Entitlement Ratio of Buyback
Reserved Category for Small Shareholders	26 Equity Share out of every 503 Fully paid-up Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders	1 Equity Shares out of every 101 Fully paid-up Equity Shares held on the Record Date.

Registrar

Link Intime India Private Ltd

Lead Managers

Kotak Mahindra Capital Company Limited

ICICI Securities Limited

Necessity of the buyback

The buyback is being undertaken for the following reasons:

1. The Buyback will help the Company to distribute surplus cash to its members holding Equity Shares thereby enhancing the overall return for them.

2. The Buyback is generally expected to improve return on equity through the distribution of cash and improve earnings per share by the reduction in the equity base of the Company, thereby leading to a long-term increase in shareholders' value.

The buyback is being undertaken for the following reason:

1. 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 longer term and improving the return on equity.

Buyback Timetable

Birlasoft Limited Buyback and Zydus Lifesciences Buyback buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. Birlasoft Limited Buyback Buyback record date is Jul 15, 2022. Zydus Lifesciences Buyback Buyback record date is Jun 02, 2022.

	Birlasoft Limited	Zydus Lifesciences Limited
Record Date	Jul 15, 2022	Jun 02, 2022
Offer Open Date	Aug 11, 2022	Jun 23, 2022
Offer Closure Date	Aug 26, 2022	Jul 06, 2022
Last date for receipt of tender forms	Aug 26, 2022	Jul 06, 2022
Finalisation of buyback	Sep 06, 2022	Jul 14, 2022
Last Date for settlment of bids	Sep 07, 2022	Jul 15, 2022
Last Date for extinguishment of shares	Sep 14, 2022	Jul 22, 2022

Financial Details and Other Relevent Information

Comparison of Birlasoft Limited Buyback and Zydus Lifesciences Buyback financial data. The table below also includes a list of all relevant information like Stock Market Data, Compay Information, Lead Manager and Registrar.

Birlasoft Limited

Zydus Lifesciences Limited

Financial

Summary of financial Information (Consolidated)
Particulars	For the year/period ended (Rs. in Million)
	31-Mar-22	31-Mar-21	31-Mar-20
Total Income	41,965.5	35,747	33,339.6
Profit After Tax	4,636.4	3,208.3	2,243.5
Net Worth	25,830.5	21,799.3	18,924.2

Summary of financial Information (Consolidated)
Particulars	For the year/period ended (Rs. in Million)
	31-Mar-22	31-Mar-21	31-Mar-20
Total Income	1,54,899	1,51,394	1,43,670
Profit After Tax	23,726	21,850	12,044
Net Worth	1,69,996	1,29,923	1,03,757

Stock price at BSE

Stock price at BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Jun-2022	390.30	316.35	356.09
May-2022	418.85	336.55	377.49
Apr-2022	501.65	405.20	447.59

Stock price at BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Apr-2022	376.60	337.70	359.37
Mar-2022	379.00	331.00	359.62
Feb-2022	420.50	343.00	385.95

Stock price at NSE

Stock price at NSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Jun-2022	390.50	316.45	356.16
May-2022	419.10	338.25	377.50
Apr-2022	501.60	405.10	447.64

Stock price at NSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Apr-2022	376.70	337.55	359.43
Mar-2022	378.60	331.55	359.63
Feb-2022	420.55	342.85	385.99

Compare with others

Birlasoft Limited	Zydus Lifesciences Limited
Techno Electric Buyback	Route Mobile Buyback
Marksans Pharma Buyback	Avonmore Capital Buyback
Bajaj Auto Buyback	Birlasoft Limited Buyback
Route Mobile Buyback	CL Educate Buyback
Avonmore Capital Buyback	Cigniti Technologies Buyback
CL Educate Buyback	Asahi Songwon Colors Buyback
Cigniti Technologies Buyback	Motilal Oswal Financial Services Buyback
Zydus Lifesciences Buyback	Matrimony.com Buyback
Asahi Songwon Colors Buyback	SMC Global Securities Buyback
Motilal Oswal Financial Services Buyback	IndiaMART InterMESH Buyback

Comments

Add a public comment...