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AksharChem India Buyback vs S H Kelkar Buyback

Comparison between AksharChem India Buyback and S H Kelkar Buyback.

Buyback Details

AksharChem India Buyback is a Tender Offer buyback proposed to list at BSE, NSE while S H Kelkar Buyback is a Tender Offer proposed to list at BSE, NSE.

 AksharChem (India) Ltd.S H Kelkar and Company Ltd.
LogoAksharChem India Buyback LogoS H Kelkar Buyback Logo
Type of BuybackTender OfferTender Offer
Listing AtBSE, NSEBSE, NSE
Face Value₹10 per share₹10 per share
Buyback Price₹590 per share₹210 per share
Issue Size1,69,491 shares29,00,000 shares
Issue Size (Amount)₹10.00 Crores₹60.90 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 1 Equity Shares out of every 17 fully paid-up Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders 2 Equity Shares out of every 109 fully paid-up Equity Shares held on the Record Date.
RegistrarMUFG Intime India Pvt.Ltd.MUFG Intime India Pvt.Ltd.
Lead ManagersVivro Financial Services Pvt.Ltd.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).

The Buyback aims to :
i) Reward the shareholders.
ii) Optimize the capital structure

Buyback Timetable

AksharChem India Buyback and S H Kelkar 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. S H Kelkar Buyback Buyback record date is Nov 12, 2021.

 AksharChem (India) Ltd.S H Kelkar and Company Ltd.
Record DateNov 12, 2021Nov 12, 2021
Offer Open DateDec 08, 2021Dec 15, 2021
Offer Closure DateDec 21, 2021Dec 28, 2021
Last date for receipt of tender formsDec 21, 2021Dec 28, 2021
Finalisation of buybackDec 29, 2021Jan 05, 2022
Last Date for settlment of bidsDec 30, 2021Jan 06, 2022
Last Date for extinguishment of sharesJan 06, 2022Jan 13, 2022

Financial Details and Other Relevent Information

Comparison of AksharChem India Buyback and S H Kelkar 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) Ltd.S H Kelkar and Company 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 (Unaudited) 31-Mar-21 31-Mar-20 31-Mar-19
Total Income 3,724.90 7,954.40 7,290.00 7,129.20
Profit After Tax 155.90 797.10 319.20 449.70
Net Worth 6,403.70 6,349.70 5,687.30 5,965.50
Reserves and Surplus 4,990.50 4,936.50 4,274.10 4,519.30
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 167.90 142.20 155.30
Sep-2021 175.10 145.20 162.20
Aug-2021 182.00 134.85 155.11
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 166.40 142.00 155.28
Sep-2021 175.50 148.25 162.27
Aug-2021 182.20 135.00 155.10

Compare with others

AksharChem (India) Ltd.S H Kelkar and Company Ltd.
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Compare:

AksharChem India Buyback and S H Kelkar Buyback