Balrampur Chini Mills Buyback vs Kaveri Seed Buyback

Comparison 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 Ltd.Kaveri Seed Company Ltd.
LogoBalrampur Chini Mills Buyback LogoKaveri Seed Buyback Logo
Type of BuybackOpen Market Through Stock ExchangeOpen Market Through Stock Exchange
Listing AtBSE, NSEBSE, 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
RegistrarKfin Technologies Ltd.Bigshare Services Pvt.Ltd.
Lead ManagersAxis Capital Ltd.Bajaj Capital 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) 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 Ltd.Kaveri Seed Company Ltd.
Record Date
Offer Open DateAug 17, 2021Sep 02, 2021
Offer Closure DateFeb 16, 2022Mar 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 Ltd.Kaveri Seed Company 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 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

Compare with others

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Balrampur Chini Mills Buyback and Kaveri Seed Buyback