Comparison between Avonmore Capital Buyback and Birlasoft Limited Buyback.
Avonmore Capital 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.
| Avonmore Capital & Management Services 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 | ₹95 per share | ₹500 per share | ||||||||||||
| Issue Size | 9,17,680 shares | 78,00,000 shares | ||||||||||||
| Issue Size (Amount) | ₹8.72 Crores | ₹390.00 Crores | ||||||||||||
| Buyback Ratio |
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| Registrar | Beetal Financial & Computer Services Pvt.Ltd. | MUFG Intime India Pvt.Ltd. | ||||||||||||
| Lead Managers | Corporate Capital Ventures Pvt.Ltd. | Kotak Mahindra Capital Co.Ltd. | ||||||||||||
| Necessity of the buyback | 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. | 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. |
Avonmore Capital Buyback and Birlasoft Limited Buyback buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. Avonmore Capital Buyback Buyback record date is Jun 15, 2022. Birlasoft Limited Buyback Buyback record date is Jul 15, 2022.
| Avonmore Capital & Management Services Ltd. | Birlasoft Ltd. | |
|---|---|---|
| Record Date | Jun 15, 2022 | Jul 15, 2022 |
| Offer Open Date | Jul 04, 2022 | Aug 11, 2022 |
| Offer Closure Date | Jul 15, 2022 | Aug 26, 2022 |
| Last date for receipt of tender forms | Jul 18, 2022 | Aug 26, 2022 |
| Finalisation of buyback | Jul 22, 2022 | Sep 06, 2022 |
| Last Date for settlment of bids | Jul 25, 2022 | Sep 07, 2022 |
| Last Date for extinguishment of shares | Aug 01, 2022 | Sep 14, 2022 |
Comparison of Avonmore Capital 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.
| Avonmore Capital & Management Services 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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