Balrampur Chini Mills Buyback vs Tanla Platforms Buyback

Comparison between Balrampur Chini Mills Buyback and Tanla Platforms Buyback.

Buyback Details

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

 Balrampur Chini Mills Ltd.Tanla Platforms Ltd.
LogoBalrampur Chini Mills Buyback LogoTanla Platforms Buyback Logo
Type of BuybackOpen Market Through Stock ExchangeOpen Market Through Stock Exchange
Listing AtBSE, NSEBSE, NSE
Face Value₹1 per share₹1 per share
Buyback Price₹410 per share₹1260 per share
Issue Size
Issue Size (Amount)₹215.25 Crores₹65.00 Crores
Buyback Ratio
RegistrarKfin Technologies Ltd.Kfin Technologies Ltd.
Lead ManagersAxis Capital Ltd.HDFC Bank 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) Return surplus cash to the shareholders.
ii) Improve Return on Equity and Earnings per share and thereby enhance shareholder value in the long term.

Buyback Timetable

Balrampur Chini Mills Buyback and Tanla Platforms 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 . Tanla Platforms Buyback Buyback record date is .

 Balrampur Chini Mills Ltd.Tanla Platforms Ltd.
Record Date
Offer Open DateAug 17, 2021Jul 29, 2021
Offer Closure DateFeb 16, 2022Jan 28, 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 Tanla Platforms 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.Tanla Platforms 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 9,226.96 10,695.06 8,189.69
Profit After Tax 1,585.59 (1,989.21) 170.75
Net Worth 6,664.69 6,690.60 6,997.15
Reserves and Surplus 6,528.66 6,544.63 6,881.51
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
Jun-2021 927.00 735.00 834.80
May-2021 968.00 852.55 882.09
Apr-2021 986.65 821.55 906.72
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
Jun-2021 927.70 735.00 835.30
May-2021 968.80 852.90 882.67
Apr-2021 985.55 821.60 905.63

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