Ajanta Pharma Buyback vs Weizmann Buyback

Comparision between Ajanta Pharma Buyback and Weizmann Buyback.

Buyback Details

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

Ajanta Pharma Limited

Weizmann Limited

Logo

Type of Buyback

Tender Offer

Listing At

BSE, NSE

Face Value

₹2 per share

₹10 per share

Buyback Price

₹2550 per share

₹60 per share

Issue Size

11,20,000 shares

14,12,515 shares

Issue Size (Amount)

₹285.60 Crores

₹8.48 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	35 Equity Shares out of every 284 shares held on the record date.
General Category for all other Eligible Shareholders	43 Equity Shares out of every 557 shares held on the record date.

Registrar

Link Intime India Private Ltd

Bigshare Services Pvt Ltd

Lead Managers

Vivro Financial Services Private Limited

Keynote Financial Services 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).

Buyback Timetable

Ajanta Pharma Buyback and Weizmann 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. Weizmann Buyback Buyback record date is Dec 10, 2021.

	Ajanta Pharma Limited	Weizmann Limited
Record Date	Jan 14, 2022	Dec 10, 2021
Offer Open Date	Feb 03, 2022	Jan 13, 2022
Offer Closure Date	Feb 16, 2022	Jan 27, 2022
Last date for receipt of tender forms	Feb 16, 2022	Jan 27, 2022
Finalisation of buyback	Feb 24, 2022	Feb 04, 2022
Last Date for settlment of bids	Feb 25, 2022	Feb 07, 2022
Last Date for extinguishment of shares	Mar 04, 2022	Feb 14, 2022

Financial Details and Other Relevent Information

Comparison of Ajanta Pharma Buyback and Weizmann 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

Weizmann 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)
	30-Sep-21	31-Mar-21	31-Mar-20	31-Mar-19
Total Income	464.21	982.82	964.82	1,066.67
Profit After Tax	-0.89	49.22	43.20	85.69

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	55.70	50.50	52.86
Oct-2021	65.00	45.75	54.26
Sep-2021	51.65	46.00	47.95

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	55.50	50.60	52.90
Oct-2021	64.40	46.10	54.10
Sep-2021	50.85	45.40	47.89

Compare with others

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

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