Bharat Rasayan Buyback vs Savita Oil Buyback

Comparison between Bharat Rasayan Buyback and Savita Oil Buyback.

Buyback Details

Bharat Rasayan Buyback is a Tender Offer buyback proposed to list at NSE while Savita Oil Buyback is a Tender Offer proposed to list at BSE, NSE.

 Bharat Rasayan Ltd.Savita Oil Technologies Ltd.
LogoBharat Rasayan Buyback LogoSavita Oil Buyback Logo
Type of BuybackTender OfferTender Offer
Listing AtNSEBSE, NSE
Face Value₹10 per share₹10 per share
Buyback Price₹11500 per share₹1400 per share
Issue Size93,472 shares2,51,000 shares
Issue Size (Amount)₹107.49 Crores₹35.14 Crores
Buyback Ratio
Category Entitlement Ratio of Buyback
Reserved Category for Small Shareholders 12 Equity Shares out of every 79 fully paid-up Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders 19 Equity Shares out of every 994 fully paid-up Equity Shares held on the Record Date.
Category Entitlement Ratio of Buyback
Reserved Category for Small Shareholders 1 Equity Shares out of every 21 Equity Shares held on the Record Date
General Category for all other Eligible Shareholders 1 Equity Shares out of every 62 Equity Shares held on the Record Date
RegistrarMUFG Intime India Pvt.Ltd.MUFG Intime India Pvt.Ltd.
Lead ManagersCorporate Professionals Capital Pvt.Ltd.ITI Capital Ltd.
Necessity of the buyback

The Buy-back is being undertaken by the Company to:
i) To return surplus funds to the Equity Shareholders; and
ii) To help improve financial ratios like earnings per share and return on equity, by reducing the equity base of the Company.

The Buy-back is being undertaken by the Company to:
i) To enhance the equity shareholders returns; and
ii) To improve financial ratios like earnings per share, return on equity, by reduction in the equity base.

Buyback Timetable

Bharat Rasayan Buyback and Savita Oil Buyback buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. Bharat Rasayan Buyback Buyback record date is Mar 05, 2021. Savita Oil Buyback Buyback record date is Mar 05, 2021.

 Bharat Rasayan Ltd.Savita Oil Technologies Ltd.
Record DateMar 05, 2021Mar 05, 2021
Offer Open DateMar 26, 2021Apr 15, 2021
Offer Closure DateApr 12, 2021Apr 29, 2021
Last date for receipt of tender formsApr 14, 2021May 03, 2021
Finalisation of buybackApr 20, 2021May 07, 2021
Last Date for settlment of bidsApr 22, 2021May 10, 2021
Last Date for extinguishment of sharesApr 29, 2021May 17, 2021

Financial Details and Other Relevent Information

Comparison of Bharat Rasayan Buyback and Savita Oil Buyback financial data. The table below also includes a list of all relevant information like Stock Market Data, Compay Information, Lead Manager and Registrar.

 Bharat Rasayan Ltd.Savita Oil Technologies Ltd.
Financial
Summary of financial Information (standalone)
Particulars For the year/period ended (Rs. in Millions)
31-Mar-20 31-Mar-19 31-Mar-18
Total Income 12,318.70 9,946.87 8,130.16
Profit After Tax 1,576.42 1,115.24 983.14
Net Worth 5,641.19 4,088.07 2,982.46
Summary of financial Information (Standalone)
Particulars For the year/period ended (Rs. in Lakhs)
31-Mar-20 31-Mar-19 31-Mar-18
Total Income 2,05,778.42 2,28,091.73 1,83,418.04
Profit After Tax 9,564.24 11,427.01 12,619.59
Net Worth 86,858.47 85,160.48 74,230.93
Stock price at BSE

Stock price at BSE (in preceding 3 months)

Month High Price Low Price Average Price
Jan-2021 745.00 655.10 700.14
Dec-2020 800.00 695.00 724.13
Nov-2020 784.00 670.00 688.31
Stock price at NSE

Stock price at NSE (in preceding 3 months)

Month High Price Low Price Average Price
Jan-2021 10758.00 9386.00 10207.92
Dec-2020 10190.00 8700.00 9651.52
Nov-2020 9900.00 8500.00 9115.15

Stock price at NSE (in preceding 3 months)

Month High Price Low Price Average Price
Jan-2021 742.00 655.00 699.84
Dec-2020 845.70 691.00 723.66
Nov-2020 790.00 664.95 689.62

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