Balrampur Chini Mills Buyback vs Infobeans Technologies Buyback

Comparison between Balrampur Chini Mills Buyback and Infobeans Technologies Buyback.

Buyback Details

Balrampur Chini Mills Buyback is a Open Market Through Stock Exchange buyback proposed to list at BSE, NSE while Infobeans Technologies Buyback is a Tender Offer proposed to list at NSE.

 Balrampur Chini Mills Ltd.Infobeans Technologies Ltd.
LogoBalrampur Chini Mills Buyback LogoInfobeans Technologies Buyback Logo
Type of BuybackOpen Market Through Stock ExchangeTender Offer
Listing AtBSE, NSENSE
Face Value₹1 per share₹10 per share
Buyback Price₹410 per share₹232 per share
Issue Size4,31,717 shares
Issue Size (Amount)₹215.25 Crores₹10.02 Crores
Buyback Ratio
Category Entitlement Ratio of Buyback
Reserved Category for Small Shareholders 2 Equity Shares out of every 19 Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders 1 Equity Share out of every 64 Equity Shares held on the Record Date.
RegistrarKfin Technologies Ltd.MUFG Intime India Pvt.Ltd.
Lead ManagersAxis Capital Ltd.Sarthi Capital Advisors Pvt.Ltd.
Necessity of the buyback

The Buyback aims to :
i) Optimize returns to shareholders.
ii) Enhance overall shareholder value.
iii) Optimize the capital structure.

The Buyback aims to :
i) Distribute surplus cash to the shareholders and enhance overall return to the shareholders.
ii) Improve Return on Equity and thereby enhance shareholder value in the long term.

Buyback Timetable

Balrampur Chini Mills Buyback and Infobeans Technologies Buyback buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. Balrampur Chini Mills Buyback Buyback record date is . Infobeans Technologies Buyback Buyback record date is May 07, 2021.

 Balrampur Chini Mills Ltd.Infobeans Technologies Ltd.
Record DateMay 07, 2021
Offer Open DateAug 17, 2021Jun 08, 2021
Offer Closure DateFeb 16, 2022Jun 21, 2021
Last date for receipt of tender formsJun 23, 2021
Finalisation of buybackJun 29, 2021
Last Date for settlment of bidsJun 30, 2021
Last Date for extinguishment of sharesJul 07, 2021

Financial Details and Other Relevent Information

Comparison of Balrampur Chini Mills Buyback and Infobeans Technologies 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 Ltd.Infobeans Technologies Ltd.
Financial
Summary of financial Information (standalone)
Particulars For the year/period ended (Rs. in Millions)
31-Mar-21 31-Mar-20 31-Mar-19
Total Income 48,451.05 47,798.40 43,285.20
Profit After Tax 4,697.72 5,092.81 5,706.38
Net Worth 24,804.42 22,874.96 20,011.01
Summary of financial Information (standalone)
Particulars For the year/period ended (Rs. in Millions)
31-Mar-21 31-Mar-20 31-Mar-19
Total Income 1,254.84 1,182.94 1,043.89
Profit After Tax 328.92 241.15 208.71
Net Worth 1,769.55 1,459.85 1,277.24
Reserves and Surplus 1,529.39 1,219.69 1,037.08
Stock price at BSE

Stock price at BSE (in preceding 3 months)

Month High Price Low Price Average Price
Jul-2021 387.10 327.50 349.21
Jun-2021 370.00 294.35 338.20
May-2021 348.95 276.95 310.21
Stock price at NSE

Stock price at NSE (in preceding 3 months)

Month High Price Low Price Average Price
Jul-2021 386.80 327.30 349.13
Jun-2021 370.00 294.40 338.27
May-2021 349.15 276.40 310.24

Stock price at NSE (in preceding 3 months)

Month High Price Low Price Average Price
Mar-2021 157.95 135.30 146.01
Feb-2021 164.45 136.00 144.99
Jan-2021 160.50 139.00 148.49

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