Ajanta Pharma Buyback vs Cheviot Company Buyback

Comparision between Ajanta Pharma Buyback and Cheviot Company Buyback.

Buyback Details

Ajanta Pharma Buyback is a Tender Offer buyback proposed to list at BSE, NSE while Cheviot Company Buyback is a Tender Offer proposed to list at BSE.

Ajanta Pharma Limited

Cheviot Company Limited

Logo

Type of Buyback

Tender Offer

Listing At

BSE, NSE

BSE

Face Value

₹2 per share

₹10 per share

Buyback Price

₹2550 per share

₹1725 per share

Issue Size

11,20,000 shares

2,50,000 shares

Issue Size (Amount)

₹285.60 Crores

₹43.13 Crores

Buyback Ratio

Category	Entitlement Ratio of Buyback
Reserved Category for Small Shareholders	30 Equity Shares out of every 151 shares held on the record date.
General Category for all other Eligible Shareholders	1 Equity Shares out of every 91 shares held on the record date.

Category	Entitlement Ratio of Buyback
Reserved Category for Small Shareholders	13 Equity Shares out of every 141 shares held on the record date.
General Category for all other Eligible Shareholders	31 Equity Shares out of every 854 shares held on the record date.

Registrar

Link Intime India Private Ltd

Maheshwari Datamatics Pvt. Ltd

Lead Managers

Vivro Financial Services Private Limited

Vc Corporate Advisors Pvt Ltd (Vcapl)

Necessity of the buyback

The Buyback aims to :
i) Distribute surplus funds to shareholders and thereby enhance their overall return.
ii) Improve financial ratios like Earnings per share (EPS), Return on assets (ROA) and Return on Equity (ROE).

Buyback Timetable

Ajanta Pharma Buyback and Cheviot Company Buyback buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. Ajanta Pharma Buyback Buyback record date is Jan 14, 2022. Cheviot Company Buyback Buyback record date is Dec 17, 2021.

	Ajanta Pharma Limited	Cheviot Company Limited
Record Date	Jan 14, 2022	Dec 17, 2021
Offer Open Date	Feb 03, 2022	Jan 10, 2022
Offer Closure Date	Feb 16, 2022	Jan 21, 2022
Last date for receipt of tender forms	Feb 16, 2022	Jan 25, 2022
Finalisation of buyback	Feb 24, 2022	Jan 28, 2022
Last Date for settlment of bids	Feb 25, 2022	Jan 31, 2022
Last Date for extinguishment of shares	Mar 04, 2022	Feb 09, 2022

Financial Details and Other Relevent Information

Comparison of Ajanta Pharma Buyback and Cheviot Company Buyback financial data. The table below also includes a list of all relevant information like Stock Market Data, Compay Information, Lead Manager and Registrar.

Ajanta Pharma Limited

Cheviot Company Limited

Financial

Summary of financial Information Consolidated)
Particulars	For the year/period ended (Rs. in Crores)
	30-Sep-21	31-Mar-21	31-Mar-20
Total Income	1,694.96	2,915.67	2,680.06
Profit After Tax	369.69	653.87	467.70
Net Worth	3,358.90	2,995.63	2,598.87
Reserves and Surplus	3,341.51	2,978.24	2,581.33

Summary of financial Information Standalone)
Particulars	For the year/period ended (Rs. in Millions)
	30-Sep-21	31-Mar-21	31-Mar-20	31-Mar-19
Total Income	2,705.19	4,413.03	4,677.62	4,166.73
Profit After Tax	476.14	757.23	481.21	501.78
Net Worth	4,398.25	5,014.98	4,659.72	4,451.81
Reserves and Surplus	4,335.55	4,952.27	4,595.01	4,387.11

Stock price at BSE

Stock price at BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Nov-2021	2239.10	2015.80	2136.74
Oct-2021	2366.30	2053.65	2213.24
Sep-2021	2340.00	2112.70	2199.31

Stock price at BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Nov-2021	1390.00	1131.00	1224.93
Oct-2021	1305.00	1102.00	1223.67
Sep-2021	1369.95	1250.00	1308.24

Stock price at NSE

Stock price at NSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Nov-2021	2239.10	2000.00	2137.44
Oct-2021	2365.80	2053.65	2213.37
Sep-2021	2330.00	2110.00	2201.05

Compare with others

Ajanta Pharma Limited	Cheviot Company Limited
Mayur Uniquoters Buyback	Emami Ltd Buyback
Emami Ltd Buyback	TCS Buyback
TCS Buyback	James Warren Tea Buyback
James Warren Tea Buyback	Great Eastern Shipping Buyback
Great Eastern Shipping Buyback	Ajanta Pharma Buyback
Cheviot Company Buyback	Weizmann Buyback
Weizmann Buyback	MOIL Buyback
MOIL Buyback	MPS Buyback
MPS Buyback	AksharChem India Buyback
AksharChem India Buyback	S H Kelkar Buyback

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