Balrampur Chini Buyback 2022 vs Dhanuka Agritech Buyback

Comparision between Balrampur Chini Buyback 2022 and Dhanuka Agritech Buyback.

Buyback Details

Balrampur Chini Buyback 2022 is a Open Market Through Stock Exchange buyback proposed to list at BSE, NSE while Dhanuka Agritech Buyback is a Tender Offer proposed to list at BSE, NSE.

Balrampur Chini Mills Limited

Dhanuka Agritech Limited

Logo

Type of Buyback

Open Market Through Stock Exchange

Tender Offer

Listing At

BSE, NSE

Face Value

₹1 per share

₹2 per share

Buyback Price

₹360 per share

₹850 per share

Issue Size

10,00,000 shares

Issue Size (Amount)

₹145.45 Crores

₹85.00 Crores

Buyback Ratio

Category	Entitlement Ratio of Buyback
Reserved Category for Small Shareholders	4 Equity Share out of every 33 Fully paid-up Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders	3 Equity Shares out of every 160 Fully paid-up Equity Shares held on the Record Date.

Registrar

Kfin Technologies Limited

Bigshare Services Pvt Ltd

Lead Managers

Axis Capital Limited

Sundae Capital Advisors

Necessity of the buyback

The buyback is being undertaken for the following reason:

1.To optimize returns to shareholders.

2. To enhance overall shareholder value.

3. To optimize capital structure.

The Buyback is being undertaken for the following reasons:

The Buyback will help the Company to return surplus cash to its shareholders holding Equity Shares broadly in proportion to their shareholding, thereby, enhancing the overall return to shareholders.
The Buyback may help in improving return on equity, by the reduction in the equity base, thereby leading to a long-term increase in shareholders' value.

Buyback Timetable

Balrampur Chini Buyback 2022 and Dhanuka Agritech Buyback buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. Balrampur Chini Buyback 2022 Buyback record date is . Dhanuka Agritech Buyback Buyback record date is Nov 18, 2022.

	Balrampur Chini Mills Limited	Dhanuka Agritech Limited
Record Date		Nov 18, 2022
Offer Open Date	Nov 16, 2022	Dec 26, 2022
Offer Closure Date	May 15, 2023	Jan 06, 2023
Last date for receipt of tender forms		Jan 09, 2023
Finalisation of buyback		Jan 16, 2023
Last Date for settlment of bids		Jan 17, 2023
Last Date for extinguishment of shares		Jan 24, 2023

Financial Details and Other Relevent Information

Comparison of Balrampur Chini Buyback 2022 and Dhanuka Agritech Buyback financial data. The table below also includes a list of all relevant information like Stock Market Data, Compay Information, Lead Manager and Registrar.

Balrampur Chini Mills Limited

Dhanuka Agritech Limited

Financial

Balrampur Chini Mills Limited Financial Information (Restated)
Period Ended	Total Revenue	Profit After Tax	Net Worth
31-Mar-20	779.84	509.28	2287.5
31-Mar-21	4845.11	469.77	2480.44
31-Mar-22	4893.94	514.66	2673.63
Amount in ₹ Crore

Dhanuka Agritech Limited Financial Information (Restated)
Period Ended	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus
31-Mar-20	1145.16	141.35	707.58	698.07
31-Mar-21	1421.17	210.56	796.19	786.87
31-Mar-22	1511.36	208.89	960.42	951.1
Amount in ₹ Crore

Stock price at BSE

Stock price at BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Jan-2022	366.95	306.80	343.47
Jan-2022	385.85	335.45	363.80
Jan-2022	404.15	329.00	352.13

Stock price at BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Oct-2022	748.00	645.55	703.00
Sep-2022	748.90	630.65	708.70
Aug-2022	725.95	680.80	700.89

Stock price at NSE

Stock price at NSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Jan-2022	367.00	307.30	343.73
Jan-2022	385.90	335.15	363.87
Jan-2022	404.50	329.00	352.13

Stock price at NSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Oct-2022	742.00	645.60	705.47
Sep-2022	750.00	631.20	704.47
Aug-2022	726.00	680.00	703.80

Compare with others

Balrampur Chini Mills Limited	Dhanuka Agritech Limited
Softsol India Buyback 2022	Balrampur Chini Buyback 2022
Tips Industries Buyback 2022	Windlas Biotech Buyback 2022
eClerx Services Buyback 2022	Orbit Exports Buyback
Technocraft Industries Buyback 2022	Jagran Prakashan Buyback 2022
Triveni Engineering Buyback 2022	Triveni Turbine Buyback
Windlas Biotech Buyback 2022	Kaveri Seed Buyback 2022
Orbit Exports Buyback	Garware Technical Fibres Buyback
Jagran Prakashan Buyback 2022	International Conveyors Buyback
Triveni Turbine Buyback	Infosys Buyback 2022
Dhanuka Agritech Buyback	SP Apparels Buyback

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