AksharChem India Buyback vs S H Kelkar Buyback

Comparision 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) Limited

S H Kelkar and Company Limited

Logo

Type of Buyback

Tender Offer

Listing At

BSE, NSE

Face Value

₹10 per share

Buyback Price

₹590 per share

₹210 per share

Issue Size

1,69,491 shares

29,00,000 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.

Registrar

Link Intime India Private 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).

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) Limited	S H Kelkar and Company Limited
Record Date	Nov 12, 2021	Nov 12, 2021
Offer Open Date	Dec 08, 2021	Dec 15, 2021
Offer Closure Date	Dec 21, 2021	Dec 28, 2021
Last date for receipt of tender forms	Dec 21, 2021	Dec 28, 2021
Finalisation of buyback	Dec 29, 2021	Jan 05, 2022
Last Date for settlment of bids	Dec 30, 2021	Jan 06, 2022
Last Date for extinguishment of shares	Jan 06, 2022	Jan 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) Limited

S H Kelkar and Company Limited

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) Limited	S H Kelkar and Company Limited
Ajanta Pharma Buyback	Cheviot Company Buyback
Cheviot Company Buyback	Weizmann Buyback
Weizmann Buyback	MOIL Buyback
MOIL Buyback	MPS Buyback
MPS Buyback	AksharChem India Buyback
S H Kelkar Buyback	Nucleus Software Buyback
Nucleus Software Buyback	Goldiam International Buyback
Goldiam International Buyback	eClerx Services Limited Buyback
eClerx Services Limited Buyback	Rishiroop Limited Buyback
Rishiroop Limited Buyback	Mahalaxmi Rubtech Buyback

Comments

Add a public comment...