Comparison between Avonmore Capital Buyback and CARE Ratings Buyback.
Avonmore Capital Buyback is a Tender Offer buyback proposed to list at BSE, NSE while CARE Ratings Buyback is a Tender Offer proposed to list at BSE, NSE.
| Avonmore Capital & Management Services Ltd. | CARE Ratings Ltd. | |||||||||||||
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| Logo |  |  | ||||||||||||
| Type of Buyback | Tender Offer | Tender Offer | ||||||||||||
| Listing At | BSE, NSE | BSE, NSE | ||||||||||||
| Face Value | ₹10 per share | ₹10 per share | ||||||||||||
| Buyback Price | ₹95 per share | ₹515 per share | ||||||||||||
| Issue Size | 9,17,680 shares | 23,68,000 shares | ||||||||||||
| Issue Size (Amount) | ₹8.72 Crores | ₹121.95 Crores | ||||||||||||
| Buyback Ratio |
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| Registrar | Beetal Financial & Computer Services Pvt.Ltd. | Kfin Technologies Ltd. | ||||||||||||
| Lead Managers | Corporate Capital Ventures Pvt.Ltd. | Dam Capital Advisors 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: (i) optimising returns to shareholders; (ii) enhancing overall shareholder value. (iii) achieving optimum capital structure. (iv) mitigating the effects of short-term market volatility. (v) enhancing shareholders' confidence. |
Avonmore Capital Buyback and CARE Ratings 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. CARE Ratings Buyback Buyback record date is Sep 14, 2022.
| Avonmore Capital & Management Services Ltd. | CARE Ratings Ltd. | |
|---|---|---|
| Record Date | Jun 15, 2022 | Sep 14, 2022 |
| Offer Open Date | Jul 04, 2022 | Nov 18, 2022 |
| Offer Closure Date | Jul 15, 2022 | Dec 01, 2022 |
| Last date for receipt of tender forms | Jul 18, 2022 | Dec 03, 2022 |
| Finalisation of buyback | Jul 22, 2022 | Dec 09, 2022 |
| Last Date for settlment of bids | Jul 25, 2022 | Dec 12, 2022 |
| Last Date for extinguishment of shares | Aug 01, 2022 | Dec 19, 2022 |
Comparison of Avonmore Capital Buyback and CARE Ratings 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. | CARE Ratings 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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