Ajanta Pharma Buyback vs Emami Ltd Buyback

Comparision between Ajanta Pharma Buyback and Emami Ltd Buyback.

Buyback Details

Ajanta Pharma Buyback is a Tender Offer buyback proposed to list at BSE, NSE while Emami Ltd Buyback is a Open Market Through Stock Exchange proposed to list at BSE, NSE.

Ajanta Pharma Limited

Emami Limited

Logo

Type of Buyback

Tender Offer

Open Market Through Stock Exchange

Listing At

BSE, NSE

Face Value

₹2 per share

₹1 per share

Buyback Price

₹2550 per share

₹550 per share

Issue Size

11,20,000 shares

Issue Size (Amount)

₹285.60 Crores

₹162.00 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.

Registrar

Link Intime India Private Ltd

Maheshwari Datamatics Pvt. Ltd

Lead Managers

Vivro Financial Services Private Limited

Iifl Securities Ltd

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).

The Buyback aims to :
i) Return surplus cash to its Shareholders.
ii) Reduce the outstanding number of equity shares and consequently increase earnings per share and book value per share.
iii) Improve key return ratios like return on equity capital.

Buyback Timetable

Ajanta Pharma Buyback and Emami Ltd 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. Emami Ltd Buyback Buyback record date is .

	Ajanta Pharma Limited	Emami Limited
Record Date	Jan 14, 2022
Offer Open Date	Feb 03, 2022	Feb 09, 2022
Offer Closure Date	Feb 16, 2022	Aug 08, 2022
Last date for receipt of tender forms	Feb 16, 2022
Finalisation of buyback	Feb 24, 2022
Last Date for settlment of bids	Feb 25, 2022
Last Date for extinguishment of shares	Mar 04, 2022

Financial Details and Other Relevent Information

Comparison of Ajanta Pharma Buyback and Emami Ltd 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

Emami 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 (Consolidated)
Particulars	For the year/period ended (Rs. in Millions)
	31-Mar-21	31-Mar-20	31-Mar-19
Total Income	29,508.00	27,119.50	27,295.30
Profit After Tax	4,547.10	3,023.00	3,025.30
Net Worth	17,626.50	18,237.50	20,760.60

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
Jan-2022	535.00	466.05	499.89
Dec-2021	555.00	504.00	536.24
Nov-2021	578.65	502.80	537.45

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

Stock price at NSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Jan-2022	534.80	466.00	497.73
Dec-2021	555.00	504.05	528.04
Nov-2021	578.50	503.00	537.48

Compare with others

Ajanta Pharma Limited	Emami Limited
Mayur Uniquoters Buyback	Pennar Industries Buyback
Emami Ltd Buyback	Gulf Oil Lubricants Buyback Feb 22
TCS Buyback	FDC Buyback
James Warren Tea Buyback	K.P.R Mill Buyback
Great Eastern Shipping Buyback	Mayur Uniquoters Buyback
Cheviot Company Buyback	TCS Buyback
Weizmann Buyback	James Warren Tea Buyback
MOIL Buyback	Great Eastern Shipping Buyback
MPS Buyback	Ajanta Pharma Buyback
AksharChem India Buyback	Cheviot Company Buyback

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