Balrampur Chini Buyback 2022 vs Softsol India Buyback 2022

Comparision between Balrampur Chini Buyback 2022 and Softsol India Buyback 2022.

Buyback Details

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

Balrampur Chini Mills Limited

Softsol India Limited

Logo

Type of Buyback

Open Market Through Stock Exchange

Tender Offer

Listing At

BSE, NSE

BSE

Face Value

₹1 per share

₹10 per share

Buyback Price

₹360 per share

₹170 per share

Issue Size

20,58,824 shares

Issue Size (Amount)

₹145.45 Crores

₹35.00 Crores

Buyback Ratio

Category	Entitlement Ratio of Buyback	Shares Offered
Reserved Category for Small Shareholders	9 Equity Shares out of every 11 Fully paid-up Equity Shares held on the Record Date.	308,824.00
General Category for all other Eligible Shareholders	5 Equity Shares out of every 47 Fully paid-up Equity Shares held on the Record Date.	1,750,000.00

Registrar

Kfin Technologies Limited

Lead Managers

Axis Capital Limited

Akasam Consulting Private Limited

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 improve return on equity by reducing the equity base, thereby leading to a long-term increase in shareholders' value.

Buyback Timetable

Balrampur Chini Buyback 2022 and Softsol India Buyback 2022 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 . Softsol India Buyback 2022 Buyback record date is Jan 13, 2023.

	Balrampur Chini Mills Limited	Softsol India Limited
Record Date		Jan 13, 2023
Offer Open Date	Nov 16, 2022	Mar 03, 2023
Offer Closure Date	May 15, 2023	Mar 17, 2023
Last date for receipt of tender forms		Mar 17, 2023
Finalisation of buyback		Mar 21, 2023
Last Date for settlment of bids		Mar 23, 2023
Last Date for extinguishment of shares		Mar 30, 2023

Financial Details and Other Relevent Information

Comparison of Balrampur Chini Buyback 2022 and Softsol India Buyback 2022 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

Softsol India 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

Softsol India Limited Financial Information (Restated)
Period Ended	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus
31-Mar-20	27.73	7.72	140.35	123.11
31-Mar-21	26.79	10.85	151.36	134.12
31-Mar-22	26.76	4.33	162.17	144.93
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
Nov-2022	399.00	349.95	371.61
Oct-2022	389.60	366.45	378.66
Sep-2022	381.30	341.00	364.85

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
Nov-2022	398.70	346.00	371.75
Oct-2022	388.00	367.95	379.02
Sep-2022	382.00	350.80	365.25

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