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Aarti Drugs Buyback vs Savita Oil Buyback

Comparision between Aarti Drugs Buyback and Savita Oil Buyback.

Buyback Details

Aarti Drugs Buyback is a Tender Offer buyback proposed to list at BSE, NSE while Savita Oil Buyback is a Tender Offer proposed to list at BSE, NSE.

  Aarti Drugs Limited Savita Oil Technologies Limited
Logo Aarti Drugs Buyback Logo Savita Oil Buyback Logo
Type of Buyback Tender Offer Tender Offer
Listing At BSE, NSE BSE, NSE
Face Value ₹10 per share ₹10 per share
Buyback Price ₹1000 per share ₹1400 per share
Issue Size 6,00,000 shares 2,51,000 shares
Issue Size (Amount) ₹60.00 Crores ₹35.14 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.
Category Entitlement Ratio of Buyback
Reserved Category for Small Shareholders 1 Equity Shares out of every 21 Equity Shares held on the Record Date
General Category for all other Eligible Shareholders 1 Equity Shares out of every 62 Equity Shares held on the Record Date
Registrar Link Intime India Private Ltd Link Intime India Private Ltd
Lead Managers Inga Ventures Pvt Ltd Iti Capital 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 Buy-back is being undertaken by the Company to:
i) To enhance the equity shareholders returns; and
ii) To improve financial ratios like earnings per share, return on equity, by reduction in the equity base.

Buyback Timetable

Aarti Drugs Buyback and Savita Oil 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. Savita Oil Buyback Buyback record date is Mar 05, 2021.

  Aarti Drugs Limited Savita Oil Technologies Limited
Record Date Apr 01, 2021 Mar 05, 2021
Offer Open Date Apr 27, 2021 Apr 15, 2021
Offer Closure Date May 10, 2021 Apr 29, 2021
Last date for receipt of tender forms May 12, 2021 May 03, 2021
Finalisation of buyback May 19, 2021 May 07, 2021
Last Date for settlment of bids May 20, 2021 May 10, 2021
Last Date for extinguishment of shares May 27, 2021 May 17, 2021

Financial Details and Other Relevent Information

Comparison of Aarti Drugs Buyback and Savita Oil 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 Savita Oil Technologies 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 (Standalone)
Particulars For the year/period ended (Rs. in Lakhs)
31-Mar-20 31-Mar-19 31-Mar-18
Total Income 2,05,778.42 2,28,091.73 1,83,418.04
Profit After Tax 9,564.24 11,427.01 12,619.59
Net Worth 86,858.47 85,160.48 74,230.93
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
Jan-2021 745.00 655.10 700.14
Dec-2020 800.00 695.00 724.13
Nov-2020 784.00 670.00 688.31
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
Jan-2021 742.00 655.00 699.84
Dec-2020 845.70 691.00 723.66
Nov-2020 790.00 664.95 689.62

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