Bharat Rasayan Buyback vs Suprajit Engineering Buyback

Comparison between Bharat Rasayan Buyback and Suprajit Engineering Buyback.

Buyback Details

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

 Bharat Rasayan Ltd.Suprajit Engineering Ltd.
LogoBharat Rasayan Buyback LogoSuprajit Engineering Buyback Logo
Type of BuybackTender OfferTender Offer
Listing AtNSEBSE, NSE
Face Value₹10 per share₹1 per share
Buyback Price₹11500 per share₹320 per share
Issue Size93,472 shares15,00,000 shares
Issue Size (Amount)₹107.49 Crores₹48.00 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 3 Equity Shares out of every 82 fully paid-up Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders 4 Equity Shares out of every 441 fully paid-up Equity Shares held on the Record Date.
RegistrarMUFG Intime India Pvt.Ltd.Integrated Registry Management Services Pvt.Ltd.
Lead ManagersCorporate Professionals Capital Pvt.Ltd.Capital Square Advisors Pvt.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 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.

Buyback Timetable

Bharat Rasayan Buyback and Suprajit Engineering 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. Suprajit Engineering Buyback Buyback record date is Feb 22, 2021.

 Bharat Rasayan Ltd.Suprajit Engineering Ltd.
Record DateMar 05, 2021Feb 22, 2021
Offer Open DateMar 26, 2021Apr 08, 2021
Offer Closure DateApr 12, 2021Apr 26, 2021
Last date for receipt of tender formsApr 14, 2021Apr 28, 2021
Finalisation of buybackApr 20, 2021May 04, 2021
Last Date for settlment of bidsApr 22, 2021May 05, 2021
Last Date for extinguishment of sharesApr 29, 2021May 12, 2021

Financial Details and Other Relevent Information

Comparison of Bharat Rasayan Buyback and Suprajit Engineering 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.Suprajit Engineering 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 (consolidated)
Particulars For the year/period ended (Rs. in Millions)
31-Mar-20 31-Mar-19 31-Mar-18
Total Income 15,852.16 16,278.95 14,758.44
Profit After Tax 1,039.65 1337.94 1,384.83
Net Worth 8,537.68 7,750.73 6,549.00
Stock price at BSE

Stock price at BSE (in preceding 3 months)

Month High Price Low Price Average Price
Jan-2021 219.17 199.50 211.63
Dec-2020 203.45 190.30 198.22
Nov-2020 196.55 175.65 190.26
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 219.60 199.60 211.60
Dec-2020 203.60 190.45 198.38
Nov-2020 196.90 175.90 190.31

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Bharat Rasayan Buyback and Suprajit Engineering Buyback