AksharChem India Buyback vs Nucleus Software Buyback

Comparision between AksharChem India Buyback and Nucleus Software Buyback.

Buyback Details

AksharChem India Buyback is a Tender Offer buyback proposed to list at BSE, NSE while Nucleus Software Buyback is a Tender Offer proposed to list at BSE, NSE.

AksharChem (India) Limited

Nucleus Software Exports Ltd.

Logo

Type of Buyback

Tender Offer

Listing At

BSE, NSE

Face Value

₹10 per share

Buyback Price

₹590 per share

₹700 per share

Issue Size

1,69,491 shares

22,67,400 shares

Issue Size (Amount)

₹10.00 Crores

₹158.72 Crores

Buyback Ratio

Category	Entitlement Ratio of Buyback
Reserved Category for Small Shareholders	13 Equity Shares out of every 563 fully paid-up Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders	17 Equity Shares out of every 838 fully paid-up Equity Shares held on the Record Date.

Category	Entitlement Ratio of Buyback
Reserved Category for Small Shareholders	19 Equity shares out of every 123 fully paid up Equity shares held on the Record date.
General Category for all other Eligible Shareholders	27 Equity shares out of every 376 fully paid up Equity shares held on the Record date.

Registrar

Link Intime India Private Ltd

Kfin Technologies Limited

Lead Managers

Vivro Financial Services Private Limited

Corporate Professionals Capital Private 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) Distribute surplus funds to shareholders and thereby enhance their overall return.
ii) Improve financial ratios like earnings per share, return on capital employed, and return on equity, by reducing the equity base of the Company.

Buyback Timetable

AksharChem India Buyback and Nucleus Software Buyback buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. AksharChem India Buyback Buyback record date is Nov 12, 2021. Nucleus Software Buyback Buyback record date is Nov 27, 2021.

	AksharChem (India) Limited	Nucleus Software Exports Ltd.
Record Date	Nov 12, 2021	Nov 27, 2021
Offer Open Date	Dec 08, 2021	Jan 03, 2022
Offer Closure Date	Dec 21, 2021	Jan 14, 2022
Last date for receipt of tender forms	Dec 21, 2021	Jan 14, 2022
Finalisation of buyback	Dec 29, 2021	Jan 20, 2022
Last Date for settlment of bids	Dec 30, 2021	Jan 25, 2022
Last Date for extinguishment of shares	Jan 06, 2022	Feb 01, 2022

Financial Details and Other Relevent Information

Comparison of AksharChem India Buyback and Nucleus Software Buyback financial data. The table below also includes a list of all relevant information like Stock Market Data, Compay Information, Lead Manager and Registrar.

AksharChem (India) Limited

Nucleus Software Exports Ltd.

Financial

Summary of financial Information standalone)
Particulars	For the year/period ended (Rs. in Millions)
	30-Sep-21	31-Mar-21	31-Mar-20	31-Mar-19
Total Income	1,789.62	2,476.11	2,611.97	3,282.32
Profit After Tax	79.97	125.00	157.22	225.89
Reserves & Surplus	2,756.18	2,705.19	2,571.09	2,489.99
Net Worth	2,883.21	2,787.22	2,653.12	2,572.02

Summary of financial Information (Standalone)
Particulars	For the year/period ended (Rs. in Millions)
	30-Sep-21	31-March-21	31-March-20	31-March-19
Total Income	2,179.6	4,909.9	5,079.5	4,370.5
Profit After Tax	145.6	1,120.4	1,022.2	756.3
Net Worth	6,394.2	6,469.4	5,418.6	4,701.3
Reserves & Surplus	6,103.8	6,179.0	5,128.2	4,410.9

Stock price at BSE

Stock price at BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Oct-2021	613.50	406.25	509.17
Sep-2021	469.00	399.25	425.43
Aug-2021	490.00	386.10	435.56

Stock price at BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Oct-2021	611.35	574.05	586.15
Sep-2021	623.00	514.20	583.20
Aug-2021	698.05	514.05	594.63

Stock price at NSE

Stock price at NSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Oct-2021	613.70	404.30	508.70
Sep-2021	468.00	399.10	425.24
Aug-2021	490.00	385.00	436.17

Stock price at NSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Oct-2021	611.75	574.40	587.17
Sep-2021	623.35	514.15	587.67
Aug-2021	699.00	513.65	599.21

Compare with others

AksharChem (India) Limited	Nucleus Software Exports Ltd.
Ajanta Pharma Buyback	Weizmann Buyback
Cheviot Company Buyback	MOIL Buyback
Weizmann Buyback	MPS Buyback
MOIL Buyback	AksharChem India Buyback
MPS Buyback	S H Kelkar Buyback
S H Kelkar Buyback	Goldiam International Buyback
Nucleus Software Buyback	eClerx Services Limited Buyback
Goldiam International Buyback	Rishiroop Limited Buyback
eClerx Services Limited Buyback	Mahalaxmi Rubtech Buyback
Rishiroop Limited Buyback	Star Cement Buyback

Comments

Add a public comment...