Ajanta Pharma Buyback vs MOIL Buyback

Comparision between Ajanta Pharma Buyback and MOIL Buyback.

Buyback Details

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

Ajanta Pharma Limited

MOIL Limited

Logo

Type of Buyback

Tender Offer

Listing At

BSE, NSE

Face Value

₹2 per share

₹10 per share

Buyback Price

₹2550 per share

₹205 per share

Issue Size

11,20,000 shares

3,38,42,668 shares

Issue Size (Amount)

₹285.60 Crores

₹693.77 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	123 Equity Shares out of every 625 shares held on the record date.
General Category for all other Eligible Shareholders	99 Equity Shares out of every 728 shares held on the record date.

Registrar

Link Intime India Private Ltd

Bigshare Services Pvt Ltd

Lead Managers

Vivro Financial Services Private Limited

Idbi Capital Market Services 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) Reduce outstanding number of equity shares and consequently increase earnings per share and book value per share.
ii) Effectively utilize available cash; and
iii) Improve key return ratios like return on equity capital.

Buyback Timetable

Ajanta Pharma Buyback and MOIL 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. MOIL Buyback Buyback record date is Dec 31, 2021.

	Ajanta Pharma Limited	MOIL Limited
Record Date	Jan 14, 2022	Dec 31, 2021
Offer Open Date	Feb 03, 2022	Jan 28, 2022
Offer Closure Date	Feb 16, 2022	Feb 10, 2022
Last date for receipt of tender forms	Feb 16, 2022	Feb 12, 2022
Finalisation of buyback	Feb 24, 2022	Feb 18, 2022
Last Date for settlment of bids	Feb 25, 2022	Feb 21, 2022
Last Date for extinguishment of shares	Mar 04, 2022	Feb 28, 2022

Financial Details and Other Relevent Information

Comparison of Ajanta Pharma Buyback and MOIL 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

MOIL 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	12,798.5	12,191.8	16,314.8
Profit After Tax	1,766.3	2,482.2	4,739.0
Reserves & Surplus	25,825.7	2,5260.6	28,251.0
Net Worth	28,199.0	27,633.9	30,827.1

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	179.80	156.35	170.92
Oct-2021	174.55	154.70	164.37
Sep-2021	181.30	156.25	165.23

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
Nov-2021	179.80	157.15	170.96
Oct-2021	174.70	154.50	164.36
Sep-2021	181.50	156.15	165.22

Compare with others

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

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