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Balrampur Chini Mills Buyback vs Kaveri Seed Buyback

Comparision between Balrampur Chini Mills Buyback and Kaveri Seed Buyback.

Buyback Details

Balrampur Chini Mills Buyback is a Open Market Through Stock Exchange buyback proposed to list at BSE, NSE while Kaveri Seed Buyback is a Open Market Through Stock Exchange proposed to list at BSE, NSE.

  Balrampur Chini Mills Limited Kaveri Seed Company Limited
Logo Balrampur Chini Mills Buyback Logo Kaveri Seed Buyback Logo
Type of Buyback Open Market Through Stock Exchange Open Market Through Stock Exchange
Listing At BSE, NSE BSE, NSE
Face Value ₹1 per share ₹2 per share
Buyback Price ₹410 per share ₹850 per share
Issue Size
Issue Size (Amount) ₹215.25 Crores ₹120.00 Crores
Buyback Ratio
Registrar Kfin Technologies Limited Bigshare Services Pvt Ltd
Lead Managers Axis Capital Limited Bajaj Capital Limited
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) Help the company return surplus cash to its shareholders holding Equity.
ii) Improve return on equity, by reduction in the equity base, thereby leading to long term increase in shareholders’ value.
iii) Give an option to the shareholders holding Equity Shares of the Company, who can choose to participate and get cash in lieu of Equity Shares to be accepted under the Buyback offer or they may choose not to participate and enjoy a resultant increase in their percentage shareholding, post the Buyback offer, without additional investment.

Buyback Timetable

Balrampur Chini Mills Buyback and Kaveri Seed 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 . Kaveri Seed Buyback Buyback record date is .

  Balrampur Chini Mills Limited Kaveri Seed Company Limited
Record Date
Offer Open Date Aug 17, 2021 Sep 02, 2021
Offer Closure Date Feb 16, 2022 Mar 01, 2022
Last date for receipt of tender forms
Finalisation of buyback
Last Date for settlment of bids
Last Date for extinguishment of shares

Financial Details and Other Relevent Information

Comparison of Balrampur Chini Mills Buyback and Kaveri Seed 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 Kaveri Seed Company Limited
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 Crores)
31-Mar-21 31-Mar-20 31-Mar-19
Total Income 1,034.99 929.81 811.85
Profit After Tax 305.31 251.26 214.72
Net Worth 1,262.07 981.85 1,012.95
Reserves and Surplus 1,250.00 969.78 1,000.33
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 BSE (in preceding 3 months)

Month High Price Low Price Average Price
Jul-2021 787.85 680.15 733.67
Jun-2021 747.15 639.00 712.07
May-2021 815.85 592.00 727.75
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
Jul-2021 781.90 680.65 736.85
Jun-2021 747.95 675.00 711.16
May-2021 816.65 595.25 732.60

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