Comparison between Asahi Songwon Colors Buyback and IndiaMART InterMESH Buyback.
Asahi Songwon Colors Buyback is a Tender Offer buyback proposed to list at BSE, NSE while IndiaMART InterMESH Buyback is a Tender Offer proposed to list at BSE, NSE.
| Asahi Songwon Colors Ltd. | IndiaMART InterMESH Ltd. | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Logo |  |  | ||||||||||||
| Type of Buyback | Tender Offer | Tender Offer | ||||||||||||
| Listing At | BSE, NSE | BSE, NSE | ||||||||||||
| Face Value | ₹10 per share | ₹10 per share | ||||||||||||
| Buyback Price | ₹400 per share | ₹6250 per share | ||||||||||||
| Issue Size | 2,40,000 shares | 1,60,000 shares | ||||||||||||
| Issue Size (Amount) | ₹9.60 Crores | ₹100.00 Crores | ||||||||||||
| Buyback Ratio |
|
| ||||||||||||
| Registrar | MUFG Intime India Pvt.Ltd. | MUFG Intime India Pvt.Ltd. | ||||||||||||
| Lead Managers | Systematix Corporate Services Ltd. | Ambit Pvt.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 shareholders holding Equity shares broadly to the proportion of their shareholding, thereby, enhancing the overall return to shareholders. 2. 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. |
Asahi Songwon Colors Buyback and IndiaMART InterMESH 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. IndiaMART InterMESH Buyback Buyback record date is May 11, 2022.
| Asahi Songwon Colors Ltd. | IndiaMART InterMESH Ltd. | |
|---|---|---|
| Record Date | Jun 03, 2022 | May 11, 2022 |
| Offer Open Date | Jun 22, 2022 | Jun 02, 2022 |
| Offer Closure Date | Jul 05, 2022 | Jun 15, 2022 |
| Last date for receipt of tender forms | Jul 05, 2022 | Jun 15, 2022 |
| Finalisation of buyback | Jul 12, 2022 | Jun 23, 2022 |
| Last Date for settlment of bids | Jul 13, 2022 | Jun 24, 2022 |
| Last Date for extinguishment of shares | Jul 20, 2022 | Jul 01, 2022 |
Comparison of Asahi Songwon Colors Buyback and IndiaMART InterMESH 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. | IndiaMART InterMESH Ltd. | |||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financial |
|
| ||||||||||||||||||||||||||||||||||||||||||||
| Stock price at BSE | Stock price at BSE (in preceding 3 months)
| Stock price at BSE (in preceding 3 months)
| ||||||||||||||||||||||||||||||||||||||||||||
| Stock price at NSE | Stock price at NSE (in preceding 3 months)
| Stock price at NSE (in preceding 3 months)
| ||||||||||||||||||||||||||||||||||||||||||||
