Comparison between CARE Ratings Buyback and Quick Heal Technologies Buyback 2022.
CARE Ratings Buyback is a Tender Offer buyback proposed to list at BSE, NSE while Quick Heal Technologies Buyback 2022 is a Tender Offer proposed to list at BSE, NSE.
| CARE Ratings Ltd. | Quick Heal Technologies Ltd. | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Logo |  |  | ||||||||||||
| Type of Buyback | Tender Offer | Tender Offer | ||||||||||||
| Listing At | BSE, NSE | BSE, NSE | ||||||||||||
| Face Value | ₹10 per share | ₹10 per share | ||||||||||||
| Buyback Price | ₹515 per share | ₹300 per share | ||||||||||||
| Issue Size | 23,68,000 shares | 50,00,000 shares | ||||||||||||
| Issue Size (Amount) | ₹121.95 Crores | ₹150.00 Crores | ||||||||||||
| Buyback Ratio |
|
| ||||||||||||
| Registrar | Kfin Technologies Ltd. | MUFG Intime India Pvt.Ltd. | ||||||||||||
| Lead Managers | Dam Capital Advisors Ltd. | Ambit Pvt.Ltd. | ||||||||||||
| Necessity of the buyback | The Buyback is being undertaken for the following reasons: (i) optimising returns to shareholders; (ii) enhancing overall shareholder value. (iii) achieving optimum capital structure. (iv) mitigating the effects of short-term market volatility. (v) enhancing shareholders' confidence. | The Buyback is being undertaken for the following reasons: 1. The Buyback will help the Company to distribute surplus cash to its shareholders holding Equity Shares thereby enhancing the overall return for them. 2. The Buyback is generally expected to improve return on equity through distribution of cash and improve earnings per share by reduction in the equity base of the Company, thereby leading to long term increase in shareholders' value |
CARE Ratings Buyback and Quick Heal Technologies Buyback 2022 buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. CARE Ratings Buyback Buyback record date is Sep 14, 2022. Quick Heal Technologies Buyback 2022 Buyback record date is Sep 14, 2022.
| CARE Ratings Ltd. | Quick Heal Technologies Ltd. | |
|---|---|---|
| Record Date | Sep 14, 2022 | Sep 14, 2022 |
| Offer Open Date | Nov 18, 2022 | Oct 04, 2022 |
| Offer Closure Date | Dec 01, 2022 | Oct 18, 2022 |
| Last date for receipt of tender forms | Dec 03, 2022 | Oct 18, 2022 |
| Finalisation of buyback | Dec 09, 2022 | Oct 28, 2022 |
| Last Date for settlment of bids | Dec 12, 2022 | Oct 31, 2022 |
| Last Date for extinguishment of shares | Dec 19, 2022 | Nov 07, 2022 |
Comparison of CARE Ratings Buyback and Quick Heal Technologies Buyback 2022 financial data. The table below also includes a list of all relevant information like Stock Market Data, Compay Information, Lead Manager and Registrar.
| CARE Ratings Ltd. | Quick Heal Technologies Ltd. | |||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financial |
|
| ||||||||||||||||||||||||||||||||||||||||
| Stock price at BSE | Stock price at BSE (in preceding 3 months)
| Stock price at BSE (in preceding 3 months)
| ||||||||||||||||||||||||||||||||||||||||
| Stock price at NSE | Stock price at NSE (in preceding 3 months)
| Stock price at NSE (in preceding 3 months)
| ||||||||||||||||||||||||||||||||||||||||
