Atul Limited Buyback vs FDC Buyback

Comparision between Atul Limited Buyback and FDC Buyback.

Buyback Details

Atul Limited Buyback is a Open Market Through Stock Exchange buyback proposed to list at BSE, NSE while FDC Buyback is a Tender Offer proposed to list at BSE, NSE.

Atul Limited

FDC Limited

Logo

Type of Buyback

Open Market Through Stock Exchange

Tender Offer

Listing At

BSE, NSE

Face Value

₹10 per share

₹1 per share

Buyback Price

₹11000 per share

₹475 per share

Issue Size

29,00,000 shares

Issue Size (Amount)

₹70.00 Crores

₹137.75 Crores

Buyback Ratio

Category	Entitlement Ratio of Buyback
Reserved Category for Small Shareholders	20 Equity Shares for every 307 Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders	9 Equity Shares for every 592 Equity Shares held on the Record Date.

Registrar

Link Intime India Private Ltd

Lead Managers

Vivro Financial Services Private Limited

Sundae Capital Advisors

Necessity of the buyback

The Buy-back aims to:

1. Return surplus funds to the equity shareholders of the Company.

2. Improve earnings per share by reducing the equity base, thereby leading to a long-term increase in the value of shareholders.

The Buyback aims to:
i) Increase the earnings per share and enhance Return on equity and return on capital employed, Return on Net Worth, Return on assets, etc and long term increase in shareholders' value;
ii) Distribute surplus cash to the shareholders.

Buyback Timetable

Atul Limited Buyback and FDC Buyback buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. Atul Limited Buyback Buyback record date is . FDC Buyback Buyback record date is Feb 19, 2022.

	Atul Limited	FDC Limited
Record Date		Feb 19, 2022
Offer Open Date	Apr 07, 2022	Apr 12, 2022
Offer Closure Date	May 09, 2022	Apr 27, 2022
Last date for receipt of tender forms		Apr 29, 2022
Finalisation of buyback		May 05, 2022
Last Date for settlment of bids		May 09, 2022
Last Date for extinguishment of shares		May 16, 2022

Financial Details and Other Relevent Information

Comparison of Atul Limited Buyback and FDC Buyback financial data. The table below also includes a list of all relevant information like Stock Market Data, Compay Information, Lead Manager and Registrar.

Atul Limited

FDC Limited

Financial

Summary of financial Information (Consolidated)
Particulars	For the year/period ended (Rs. in Crores)
	31-Mar-21	31-Mar-20	31-Mar-19
Total Income	3,834.45	4,171.10	4,072.67
Profit After Tax	660.02	670.91	436.02
Net Worth	3,826.52	3,154.90	2,705.71

Summary of financial Information (standalone)
Particulars	For the year/period ended (Rs. in Crores)
	31-Mar-21	31-Mar-20	31-Mar-19
Total Income	1,422.60	1,413.75	1,130.67
Profit After Tax	294.49	246.78	171.54
Net Worth	1717.75	1,542.59	1,432.99
Reserves and Surplus	1,700.87	1,525.49	1,415.47

Stock price at BSE

Stock price at BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Feb-2022	9852.10	8627.90	9361.13
Jan-2022	10859.00	8966.80	9709.73
Dec-2021	9121.75	8302.30	8787.72

Stock price at BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Jan-2022	323.15	277.60	299.33
Dec-2021	313.40	273.00	289.26
Nov-2021	335.70	270.00	298.73

Stock price at NSE

Stock price at NSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Feb-2022	9899.95	8622.05	9359.34
Jan-2022	10856.80	8964.05	9714.97
Dec-2021	9124.70	8313.45	8784.29

Stock price at NSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Jan-2022	322.90	277.00	299.92
Dec-2021	313.50	272.75	292.85
Nov-2021	345.00	271.80	297.10

Compare with others

Atul Limited	FDC Limited
Sinclairs Hotels Buyback	GAIL (India) Buyback
Sarda Energy & Minerals Buyback	Filatex India Buyback
UPL Limited Buyback 2022	Atul Limited Buyback
GAIL (India) Buyback	Pennar Industries Buyback
Filatex India Buyback	Gulf Oil Lubricants Buyback Feb 22
Pennar Industries Buyback	K.P.R Mill Buyback
Gulf Oil Lubricants Buyback Feb 22	Mayur Uniquoters Buyback
FDC Buyback	Emami Ltd Buyback
K.P.R Mill Buyback	TCS Buyback
Mayur Uniquoters Buyback	James Warren Tea Buyback

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