Aarti Drugs Buyback vs Smartlink Holdings Buyback

Comparision between Aarti Drugs Buyback and Smartlink Holdings Buyback.

Buyback Details

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

Aarti Drugs Limited

Smartlink Holdings Limited

Logo

Type of Buyback

Tender Offer

Listing At

BSE, NSE

Face Value

₹10 per share

₹2 per share

Buyback Price

₹1000 per share

₹95 per share

Issue Size

6,00,000 shares

33,25,000 shares

Issue Size (Amount)

₹60.00 Crores

₹31.59 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 Share out of every 4 Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders	1 Equity Share out of every 4 Equity Shares held on the Record Date.

Registrar

Link Intime India Private Ltd

Kfin Technologies Limited

Lead Managers

Inga Ventures Pvt Ltd

ICICI Securities Limited

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 to enhance shareholder value in the long term.

Buyback Timetable

Aarti Drugs Buyback and Smartlink Holdings 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. Smartlink Holdings Buyback Buyback record date is Mar 01, 2021.

	Aarti Drugs Limited	Smartlink Holdings Limited
Record Date	Apr 01, 2021	Mar 01, 2021
Offer Open Date	Apr 27, 2021	Apr 30, 2021
Offer Closure Date	May 10, 2021	May 14, 2021
Last date for receipt of tender forms	May 12, 2021	May 17, 2021
Finalisation of buyback	May 19, 2021	May 21, 2021
Last Date for settlment of bids	May 20, 2021	May 25, 2021
Last Date for extinguishment of shares	May 27, 2021	Jun 01, 2021

Financial Details and Other Relevent Information

Comparison of Aarti Drugs Buyback and Smartlink Holdings 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

Smartlink Holdings 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-20	31-Mar-19	31-Mar-18
Total Income	757.02	1,080.57	984.49
Profit After Tax	(142.66)	(29.49)	(33.08)
Net Worth	1,793.67	2,510.38	3,123.37

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
Feb-2021	92.40	83.50	88.41
Jan-2021	92.00	84.30	87.96
Dec-2021	107.45	72.60	90.36

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
Feb-2021	92.60	86.50	88.24
Jan-2021	92.00	84.30	87.96
Dec-2021	107.45	72.60	90.36

Compare with others

Aarti Drugs Limited	Smartlink Holdings Limited
Navneet Education Buyback	Welspun India 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
Insecticides India Buyback	Aarti Drugs Buyback
Gujarat Apollo Industries Buyback	Insecticides India Buyback
Savita Oil Buyback	Gujarat Apollo Industries Buyback
NIIT Buyback	Savita Oil Buyback
Suprajit Engineering Buyback	NIIT Buyback

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