Ajanta Pharma Buyback vs TCS Buyback

Comparision between Ajanta Pharma Buyback and TCS Buyback.

Buyback Details

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

Ajanta Pharma Limited

Tata Consultancy Services

Logo

Type of Buyback

Tender Offer

Listing At

BSE, NSE

Face Value

₹2 per share

₹1 per share

Buyback Price

₹2550 per share

₹4500 per share

Issue Size

11,20,000 shares

4,00,00,000 shares

Issue Size (Amount)

₹285.60 Crores

₹18,000.00 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

Lead Managers

Vivro Financial Services Private Limited

Jm Financial 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 excess cash to the shareholders.
ii) Increase shareholder's value in the long term; and
iii) Improve Return on Equity.

Buyback Timetable

Ajanta Pharma Buyback and TCS 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. TCS Buyback Buyback record date is Feb 23, 2022.

	Ajanta Pharma Limited	Tata Consultancy Services
Record Date	Jan 14, 2022	Feb 23, 2022
Offer Open Date	Feb 03, 2022	Mar 09, 2022
Offer Closure Date	Feb 16, 2022	Mar 23, 2022
Last date for receipt of tender forms	Feb 16, 2022	Mar 23, 2022
Finalisation of buyback	Feb 24, 2022	Mar 31, 2022
Last Date for settlment of bids	Feb 25, 2022	Apr 01, 2022
Last Date for extinguishment of shares	Mar 04, 2022	Apr 08, 2022

Financial Details and Other Relevent Information

Comparison of Ajanta Pharma Buyback and TCS 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

Tata Consultancy Services

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-Dec-21	31-Mar-21	31-Mar-20	31-Mar-19
Total Income	1,233,870.00	1,413,630.00	1,393,830.00	1,307,970.00
Profit After Tax	283,920.00	309,600.00	332,600.00	300,650.00
Net Worth	923,929.10	747,939.10	743,682.40	788,982.40

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
Feb-2022	3857.00	3695.60	3782.93
Jan-2022	4019.10	3650.10	3847.53
Dec-2021	3736.85	3534.35	3630.88

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
Feb-2022	3856.20	3694.95	3782.74
Jan-2022	4019.15	3649.25	3847.37
Dec-2021	3738.35	3536.40	3631.14

Compare with others

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

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