Ajanta Pharma Buyback vs Mayur Uniquoters Buyback

Comparision between Ajanta Pharma Buyback and Mayur Uniquoters Buyback.

Buyback Details

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

Ajanta Pharma Limited

Mayur Uniquoters Limited

Logo

Type of Buyback

Tender Offer

Listing At

BSE, NSE

Face Value

₹2 per share

₹5 per share

Buyback Price

₹2550 per share

₹650 per share

Issue Size

11,20,000 shares

6,25,000 shares

Issue Size (Amount)

₹285.60 Crores

₹40.63 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	1 Equity Share out of every 29 Fully paid-up Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders	1 Equity Share out of every 79 Fully paid-up Equity Shares held on the Record Date.

Registrar

Link Intime India Private Ltd

Beetal Financial & Computer Services (P) Limited

Lead Managers

Vivro Financial Services Private Limited

Chartered Capital And Investment Limited

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 Mayur Uniquoters 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. Mayur Uniquoters Buyback Buyback record date is Feb 23, 2022.

	Ajanta Pharma Limited	Mayur Uniquoters Limited
Record Date	Jan 14, 2022	Feb 23, 2022
Offer Open Date	Feb 03, 2022	Mar 24, 2022
Offer Closure Date	Feb 16, 2022	Apr 06, 2022
Last date for receipt of tender forms	Feb 16, 2022	Apr 06, 2022
Finalisation of buyback	Feb 24, 2022	Apr 18, 2022
Last Date for settlment of bids	Feb 25, 2022	Apr 19, 2022
Last Date for extinguishment of shares	Mar 04, 2022	Apr 26, 2022

Financial Details and Other Relevent Information

Comparison of Ajanta Pharma Buyback and Mayur Uniquoters 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

Mayur Uniquoters 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)
	31-Mar-21	31-Mar-20	31-Mar-19
Total Income	5,203.93	5,355.43	5,948.99
Profit After Tax	890.38	806.43	871.67
Net Worth	6,354.16	5,871.61	5,229.53
Reserves and Surplus	6,131.27	5,644.97	5,002.90

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	558.00	462.00	519.77
Dec-2021	635.00	464.30	553.01
Nov-2021	511.00	425.00	460.96

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	557.60	462.35	520.32
Dec-2021	626.90	464.05	552.77
Nov-2021	509.00	424.05	461.54

Compare with others

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

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