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Balrampur Chini Buyback 2022 vs Triveni Engineering Buyback 2022

Comparision between Balrampur Chini Buyback 2022 and Triveni Engineering Buyback 2022.

Buyback Details

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

  Balrampur Chini Mills Limited Triveni Engineering and Industries Limited
Logo Balrampur Chini Buyback 2022 Logo Triveni Engineering Buyback 2022 Logo
Type of Buyback Open Market Through Stock Exchange Tender Offer
Listing At BSE, NSE BSE, NSE
Face Value ₹1 per share ₹1 per share
Buyback Price ₹360 per share ₹350 per share
Issue Size 2,28,57,142 shares
Issue Size (Amount) ₹145.45 Crores ₹800.00 Crores
Buyback Ratio
CategoryEntitlement Ratio of BuybackShares Offered
Reserved Category for Small Shareholders1 Equity Shares out of every 3 Fully paid-up Equity Shares held on the Record Date.3,428,572.00
General Category for all other Eligible Shareholders1 Equity Shares out of every 12 Fully paid-up Equity Shares held on the Record Date.19,428,570.00
Registrar Kfin Technologies Limited Kfin Technologies Limited
Lead Managers Axis Capital Limited Ambit 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:

1. The Buyback will help the Company distribute surplus cash to its shareholders holding Equity Shares and promote capital efficiency, thereby increasing shareholders' value and improving return on equity.

2. The Company's dividend pay-out trend and cash reserves, the Company considers appropriate to return surplus funds to the shareholders effectively and efficiently.

Buyback Timetable

Balrampur Chini Buyback 2022 and Triveni Engineering 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 . Triveni Engineering Buyback 2022 Buyback record date is Dec 23, 2022.

  Balrampur Chini Mills Limited Triveni Engineering and Industries Limited
Record Date Dec 23, 2022
Offer Open Date Nov 16, 2022 Feb 16, 2023
Offer Closure Date May 15, 2023 Mar 01, 2023
Last date for receipt of tender forms Mar 01, 2023
Finalisation of buyback Mar 10, 2023
Last Date for settlment of bids Mar 13, 2023
Last Date for extinguishment of shares Mar 20, 2023

Financial Details and Other Relevent Information

Comparison of Balrampur Chini Buyback 2022 and Triveni Engineering 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 Triveni Engineering and Industries Limited
Financial
Balrampur Chini Mills Limited Financial Information (Restated)
Period EndedTotal RevenueProfit After TaxNet Worth
31-Mar-20779.84509.282287.5
31-Mar-214845.11469.772480.44
31-Mar-224893.94514.662673.63
Amount in ₹ Crore
Triveni Engineering and Industries Limited Financial Information (Restated)
Period EndedTotal RevenueProfit After TaxNet WorthReserves and SurplusTotal Borrowing
31-Mar-204472.9335.121303.621268.51547.77
31-Mar-214733.75294.61517.351480.01990.48
31-Mar-224716.23424.061869.381831.811575.06
30-Sep-222854.671454.213281.283244.26883.98
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 308.85 252.30 277.35
Oct-2022 291.80 249.30 270.63
Sep-2022 294.35 232.80 253.42
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 308.90 252.05 277.47
Oct-2022 292.00 247.30 270.58
Sep-2022 294.35 231.60 253.48

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