FREE Account Opening + No Clearing Fees
Loading...

Aarti Drugs Buyback vs Navneet Education Buyback

Comparision between Aarti Drugs Buyback and Navneet Education Buyback.

Buyback Details

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

  Aarti Drugs Limited Navneet Education Limited
Logo Aarti Drugs Buyback Logo Navneet Education Buyback Logo
Type of Buyback Tender Offer Open Market Through Stock Exchange
Listing At BSE, NSE BSE, NSE
Face Value ₹10 per share ₹2 per share
Buyback Price ₹1000 per share ₹100 per share
Issue Size 6,00,000 shares
Issue Size (Amount) ₹60.00 Crores ₹50.00 Crores
Buyback Ratio
Category Entitlement Ratio of Buyback
Reserved Category for Small Shareholders 8 Equity Shares out of every 569 paid-up Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders 5 Equity Shares out of every 851 paid-up Equity Shares held on the Record Date.
Registrar Link Intime India Private Ltd Link Intime India Private Ltd
Lead Managers Inga Ventures Pvt Ltd Inga Ventures Pvt Ltd
Necessity of the buyback

The Buyback aims to :
i) Service the equity more efficiently.
ii) Return surplus cash to the shareholders.
ii) Improve Return on Equity
iii) Improve earnings per share and thus increase the shareholder's 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 and Earnings per share and thereby enhance shareholder value in the long term.

Buyback Timetable

Aarti Drugs Buyback and Navneet Education Buyback buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. Aarti Drugs Buyback Buyback record date is Apr 01, 2021. Navneet Education Buyback Buyback record date is .

  Aarti Drugs Limited Navneet Education Limited
Record Date Apr 01, 2021
Offer Open Date Apr 27, 2021 Jun 07, 2021
Offer Closure Date May 10, 2021 Dec 06, 2021
Last date for receipt of tender forms May 12, 2021
Finalisation of buyback May 19, 2021
Last Date for settlment of bids May 20, 2021
Last Date for extinguishment of shares May 27, 2021

Financial Details and Other Relevent Information

Comparison of Aarti Drugs Buyback and Navneet Education Buyback financial data. The table below also includes a list of all relevant information like Stock Market Data, Compay Information, Lead Manager and Registrar.

  Aarti Drugs Limited Navneet Education Limited
Financial
Summary of financial Information (consolidated)
Particulars For the year/period ended (Rs. in Millions)
31-Mar-20 31-Mar-19 31-Mar-18
Total Income 18,075.71 15,671.17 12,636.18
Profit After Tax 1,413.99 897.52 823.07
Net Worth 6,467.45 5,373.09 4,502.79
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
Stock price at BSE

Stock price at BSE (in preceding 3 months)

Month High Price Low Price Average Price
Feb-2021 694.95 625.00 658.87
Jan-2021 755.50 670.05 710.03
Dec-2021 812.00 645.00 741.25

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 NSE

Stock price at NSE (in preceding 3 months)

Month High Price Low Price Average Price
Feb-2021 695.00 628.00 658.75
Jan-2021 756.00 670.00 710.11
Dec-2021 811.00 645.65 741.17

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

Comments

Add a public comment...