Comparison between ACC Limited Buyback and Granules India Buyback.
ACC Limited Buyback is a Open Market Through Stock Exchange buyback proposed to list at BSE, NSE while Granules India Buyback is a Tender Offer proposed to list at BSE.
| ACC Ltd. | Granules India Ltd. | |||||||
|---|---|---|---|---|---|---|---|---|
| Logo |  |  | ||||||
| Type of Buyback | Open Market Through Stock Exchange | Tender Offer | ||||||
| Listing At | BSE, NSE | BSE | ||||||
| Face Value | ₹10 per share | ₹1 per share | ||||||
| Buyback Price | ₹2300 per share | ₹400 per share | ||||||
| Issue Size | 62,50,000 shares | |||||||
| Issue Size (Amount) | ₹11,259.98 Crores | ₹250.00 Crores | ||||||
| Buyback Ratio |
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| Registrar | MUFG Intime India Pvt.Ltd. | Kfin Technologies Ltd. | ||||||
| Lead Managers | Deutsche Equities India Pvt.Ltd. | Motilal Oswal Investment Advisors Ltd. | ||||||
| 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. |
ACC Limited Buyback and Granules India Buyback buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. ACC Limited Buyback Buyback record date is . Granules India Buyback Buyback record date is Aug 23, 2022.
| ACC Ltd. | Granules India Ltd. | |
|---|---|---|
| Record Date | Aug 23, 2022 | |
| Offer Open Date | Aug 26, 2022 | Sep 27, 2022 |
| Offer Closure Date | Sep 09, 2022 | Oct 11, 2022 |
| Last date for receipt of tender forms | Oct 11, 2022 | |
| Finalisation of buyback | Oct 19, 2022 | |
| Last Date for settlment of bids | Oct 20, 2022 | |
| Last Date for extinguishment of shares | Oct 25, 2022 |
Comparison of ACC Limited Buyback and Granules India Buyback financial data. The table below also includes a list of all relevant information like Stock Market Data, Compay Information, Lead Manager and Registrar.
| ACC Ltd. | Granules India Ltd. | ||||||||||||||||||||||||||||||||||||
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| Financial |
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| Stock price at BSE | Stock price at BSE (in preceding 3 months)
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| Stock price at NSE | Stock price at NSE (in preceding 3 months)
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