Asahi Songwon Colors Buyback vs Zydus Lifesciences Buyback

Comparision between Asahi Songwon Colors Buyback and Zydus Lifesciences Buyback.

Buyback Details

Asahi Songwon Colors Buyback is a Tender Offer buyback proposed to list at BSE, NSE while Zydus Lifesciences Buyback is a Tender Offer proposed to list at BSE, NSE.

Asahi Songwon Colors Limited

Zydus Lifesciences Limited

Logo

Type of Buyback

Tender Offer

Listing At

BSE, NSE

Face Value

₹10 per share

₹1 per share

Buyback Price

₹400 per share

₹650 per share

Issue Size

2,40,000 shares

1,15,38,461 shares

Issue Size (Amount)

₹9.60 Crores

₹750.00 Crores

Buyback Ratio

Category	Entitlement Ratio of Buyback
Reserved Category for Small Shareholders	4 Equity Share out of every 119 Fully paid-up Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders	17 Equity Shares out of every 913 Fully paid-up Equity Shares held on the Record Date.

Category	Entitlement Ratio of Buyback
Reserved Category for Small Shareholders	26 Equity Share out of every 503 Fully paid-up Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders	1 Equity Shares out of every 101 Fully paid-up Equity Shares held on the Record Date.

Registrar

Link Intime India Private Ltd

Lead Managers

Systematix Corporate Services Limited

ICICI Securities Limited

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 reason:

1. The Buyback will help the Company to distribute a part of the surplus cash to its shareholders holding Equity Shares thereby, optimizing returns to the shareholders and enhancing the overall shareholders' value in longer term and improving the return on equity.

Buyback Timetable

Asahi Songwon Colors Buyback and Zydus Lifesciences 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. Zydus Lifesciences Buyback Buyback record date is Jun 02, 2022.

	Asahi Songwon Colors Limited	Zydus Lifesciences Limited
Record Date	Jun 03, 2022	Jun 02, 2022
Offer Open Date	Jun 22, 2022	Jun 23, 2022
Offer Closure Date	Jul 05, 2022	Jul 06, 2022
Last date for receipt of tender forms	Jul 05, 2022	Jul 06, 2022
Finalisation of buyback	Jul 12, 2022	Jul 14, 2022
Last Date for settlment of bids	Jul 13, 2022	Jul 15, 2022
Last Date for extinguishment of shares	Jul 20, 2022	Jul 22, 2022

Financial Details and Other Relevent Information

Comparison of Asahi Songwon Colors Buyback and Zydus Lifesciences 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 Limited

Zydus Lifesciences Limited

Financial

Summary of financial Information (Consolidated)
Particulars	For the year/period ended (Rs. in Lakhs)
	31-Mar-22	31-Mar-21	31-Mar-20
Total Income	41,626.44	28,339.04	28,442.40
Profit After Tax	1,465.07	3,194.62	2,282.63
Net Worth	24,237.49	22,722.48	20,945.02
Reserves and Surplus	23,034.76	21,519.75	19,717.79

Summary of financial Information (Consolidated)
Particulars	For the year/period ended (Rs. in Million)
	31-Mar-22	31-Mar-21	31-Mar-20
Total Income	1,54,899	1,51,394	1,43,670
Profit After Tax	23,726	21,850	12,044
Net Worth	1,69,996	1,29,923	1,03,757

Stock price at BSE

Stock price at BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
May-2022	346.45	277.05	308.18
Apr-2022	309.35	257.25	276.02
Mar-2022	309.55	226.00	268.69

Stock price at BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Apr-2022	376.60	337.70	359.37
Mar-2022	379.00	331.00	359.62
Feb-2022	420.50	343.00	385.95

Stock price at NSE

Stock price at NSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
May-2022	325.00	275.55	295.72
Apr-2022	348.00	278.00	307.95
Mar-2022	309.00	255.00	275.91

Stock price at NSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Apr-2022	376.70	337.55	359.43
Mar-2022	378.60	331.55	359.63
Feb-2022	420.55	342.85	385.99

Compare with others

Asahi Songwon Colors Limited	Zydus Lifesciences Limited
Avonmore Capital Buyback	Route Mobile Buyback
Birlasoft Limited Buyback	Avonmore Capital Buyback
CL Educate Buyback	Birlasoft Limited Buyback
Cigniti Technologies Buyback	CL Educate Buyback
Zydus Lifesciences Buyback	Cigniti Technologies Buyback
Motilal Oswal Financial Services Buyback	Asahi Songwon Colors Buyback
Matrimony.com Buyback	Motilal Oswal Financial Services Buyback
SMC Global Securities Buyback	Matrimony.com Buyback
IndiaMART InterMESH Buyback	SMC Global Securities Buyback
Sinclairs Hotels Buyback	IndiaMART InterMESH Buyback

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