Comparison between Asahi Songwon Colors Buyback and Birlasoft Limited Buyback.
Asahi Songwon Colors Buyback is a Tender Offer buyback proposed to list at BSE, NSE while Birlasoft Limited Buyback is a Tender Offer proposed to list at BSE, NSE.
| Asahi Songwon Colors Ltd. | Birlasoft Ltd. | |||||||||||||
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| Logo |  |  | ||||||||||||
| Type of Buyback | Tender Offer | Tender Offer | ||||||||||||
| Listing At | BSE, NSE | BSE, NSE | ||||||||||||
| Face Value | ₹10 per share | ₹2 per share | ||||||||||||
| Buyback Price | ₹400 per share | ₹500 per share | ||||||||||||
| Issue Size | 2,40,000 shares | 78,00,000 shares | ||||||||||||
| Issue Size (Amount) | ₹9.60 Crores | ₹390.00 Crores | ||||||||||||
| Buyback Ratio |
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| Registrar | MUFG Intime India Pvt.Ltd. | MUFG Intime India Pvt.Ltd. | ||||||||||||
| Lead Managers | Systematix Corporate Services Ltd. | Kotak Mahindra Capital Co.Ltd. | ||||||||||||
| Necessity of the buyback | The buyback is being undertaken for the following reasons: 1. The Buyback would help in improving its return on equity, by reducing the equity base, thereby leading to a long term increase in shareholders' value. 2. The Buyback will help the company to distribute surplus cash to its shareholders holding Equity shares broadly to the proportion of their shareholding, thereby, enhancing the overall return to shareholders. | The buyback is being undertaken for the following reasons: 1. The Buyback will help the Company to distribute surplus cash to its members holding Equity Shares thereby enhancing the overall return for them. 2. The Buyback is generally expected to improve return on equity through the distribution of cash and improve earnings per share by the reduction in the equity base of the Company, thereby leading to a long-term increase in shareholders' value. |
Asahi Songwon Colors Buyback and Birlasoft Limited Buyback buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. Asahi Songwon Colors Buyback Buyback record date is Jun 03, 2022. Birlasoft Limited Buyback Buyback record date is Jul 15, 2022.
| Asahi Songwon Colors Ltd. | Birlasoft Ltd. | |
|---|---|---|
| Record Date | Jun 03, 2022 | Jul 15, 2022 |
| Offer Open Date | Jun 22, 2022 | Aug 11, 2022 |
| Offer Closure Date | Jul 05, 2022 | Aug 26, 2022 |
| Last date for receipt of tender forms | Jul 05, 2022 | Aug 26, 2022 |
| Finalisation of buyback | Jul 12, 2022 | Sep 06, 2022 |
| Last Date for settlment of bids | Jul 13, 2022 | Sep 07, 2022 |
| Last Date for extinguishment of shares | Jul 20, 2022 | Sep 14, 2022 |
Comparison of Asahi Songwon Colors Buyback and Birlasoft Limited Buyback financial data. The table below also includes a list of all relevant information like Stock Market Data, Compay Information, Lead Manager and Registrar.
| Asahi Songwon Colors Ltd. | Birlasoft Ltd. | |||||||||||||||||||||||||||||||||||||||||||||
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| Stock price at BSE | Stock price at BSE (in preceding 3 months)
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| Stock price at NSE | Stock price at NSE (in preceding 3 months)
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