Birlasoft Limited Buyback vs Marksans Pharma Buyback

Comparison between Birlasoft Limited Buyback and Marksans Pharma Buyback.

Buyback Details

Birlasoft Limited Buyback is a Tender Offer buyback proposed to list at BSE, NSE while Marksans Pharma Buyback is a Open Market Through Stock Exchange proposed to list at BSE, NSE.

 Birlasoft Ltd.Marksans Pharma Ltd
LogoBirlasoft Limited Buyback LogoMarksans Pharma Buyback Logo
Type of BuybackTender OfferOpen Market Through Stock Exchange
Listing AtBSE, NSEBSE, NSE
Face Value₹2 per share₹1 per share
Buyback Price₹500 per share₹60 per share
Issue Size78,00,000 shares
Issue Size (Amount)₹390.00 Crores₹60.00 Crores
Buyback Ratio
Category Entitlement Ratio of Buyback
Reserved Category for Small Shareholders 26 Equity Share out of every 557 Fully paid-up Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders 26 Equity Shares out of every 557 Fully paid-up Equity Shares held on the Record Date.
RegistrarMUFG Intime India Pvt.Ltd.Bigshare Services Pvt.Ltd.
Lead ManagersKotak Mahindra Capital Co.Ltd.Sundae Capital Advisors Pvt.Ltd.
Necessity of the buyback

The buyback is being undertaken for the following reasons:

1. The Buyback will help the Company to distribute surplus cash to its members holding Equity Shares thereby enhancing the overall return for them.

2. The Buyback is generally expected to improve return on equity through the distribution of cash and improve earnings per share by the reduction in the equity base of the Company, thereby leading to a long-term increase in shareholders' value.

The buyback is being undertaken for the following reasons:

1. The Buyback will help the Company to return surplus cash to its shareholders.

2. The Buyback is generally expected to improve return on equity through the distribution of cash and improve earnings per share by the reduction in the equity base of the Company, thereby leading to a long-term increase in shareholders' value.

Buyback Timetable

Birlasoft Limited Buyback and Marksans Pharma Buyback buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. Birlasoft Limited Buyback Buyback record date is Jul 15, 2022. Marksans Pharma Buyback Buyback record date is .

 Birlasoft Ltd.Marksans Pharma Ltd
Record DateJul 15, 2022
Offer Open DateAug 11, 2022Jul 15, 2022
Offer Closure DateAug 26, 2022Jan 14, 2023
Last date for receipt of tender formsAug 26, 2022
Finalisation of buybackSep 06, 2022
Last Date for settlment of bidsSep 07, 2022
Last Date for extinguishment of sharesSep 14, 2022

Financial Details and Other Relevent Information

Comparison of Birlasoft Limited Buyback and Marksans Pharma Buyback financial data. The table below also includes a list of all relevant information like Stock Market Data, Compay Information, Lead Manager and Registrar.

 Birlasoft Ltd.Marksans Pharma Ltd
Financial
Summary of financial Information (Consolidated)
Particulars For the year/period ended (Rs. in Million)
  31-Mar-22 31-Mar-21 31-Mar-20
Total Income 41,965.5 35,747 33,339.6
Profit After Tax 4,636.4 3,208.3 2,243.5
Net Worth 25,830.5 21,799.3 18,924.2
Summary of financial Information (Consolidated)
Particulars For the year/period ended (Rs. in Lakhs)
  31-Mar-22 31-Mar-21 31-Mar-20
Total Income 1,53,269.20 1,38,287.61 1,13,453.67
Profit After Tax 18,681.40 23,853.88 12,075.27
Net Worth 1,04,216.44 86,972.58 61,990.88
Reserves and Surplus 99,623.30 82,379.44 57,397.74
Stock price at BSE

Stock price at BSE (in preceding 3 months)

Month High Price Low Price Average Price
Jun-2022 390.30 316.35 356.09
May-2022 418.85 336.55 377.49
Apr-2022 501.65 405.20 447.59

Stock price at BSE (in preceding 3 months)

Month High Price Low Price Average Price
Jun-2022 48.10 38.70 44.28
May-2022 53.45 44.50 48.20
Apr-2022 62.35 45.55 55.56
Stock price at NSE

Stock price at NSE (in preceding 3 months)

Month High Price Low Price Average Price
Jun-2022 390.50 316.45 356.16
May-2022 419.10 338.25 377.50
Apr-2022 501.60 405.10 447.64

Stock price at NSE (in preceding 3 months)

Month High Price Low Price Average Price
Jun-2022 48.10 38.60 44.15
May-2022 53.50 44.50 48.23
Apr-2022 62.40 45.50 56.03

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Birlasoft Limited Buyback and Marksans Pharma Buyback