Cheviot Company Buyback vs Emami Ltd Buyback

Comparison between Cheviot Company Buyback and Emami Ltd Buyback.

Buyback Details

Cheviot Company Buyback is a Tender Offer buyback proposed to list at BSE while Emami Ltd Buyback is a Open Market Through Stock Exchange proposed to list at BSE, NSE.

 Cheviot Company Ltd.Emami Ltd.
LogoCheviot Company Buyback LogoEmami Ltd Buyback Logo
Type of BuybackTender OfferOpen Market Through Stock Exchange
Listing AtBSEBSE, NSE
Face Value₹10 per share₹1 per share
Buyback Price₹1725 per share₹550 per share
Issue Size2,50,000 shares
Issue Size (Amount)₹43.13 Crores₹162.00 Crores
Buyback Ratio
Category Entitlement Ratio of Buyback
Reserved Category for Small Shareholders 13 Equity Shares out of every 141 shares held on the record date.
General Category for all other Eligible Shareholders 31 Equity Shares out of every 854 shares held on the record date.
RegistrarMaheshwari Datamatics Pvt.Ltd.Maheshwari Datamatics Pvt.Ltd.
Lead ManagersVC Corporate Advisors Pvt.Ltd.IIFL Capital Services Ltd.
Necessity of the buyback

The Buyback aims to :
i) Distribute surplus funds to shareholders and thereby enhance their overall return.
ii) Improve financial ratios like Earnings per share (EPS), Return on assets (ROA) and Return on Equity (ROE).

The Buyback aims to :
i) Return surplus cash to its Shareholders.
ii) Reduce the outstanding number of equity shares and consequently increase earnings per share and book value per share.
iii) Improve key return ratios like return on equity capital.

Buyback Timetable

Cheviot Company Buyback and Emami Ltd Buyback buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. Cheviot Company Buyback Buyback record date is Dec 17, 2021. Emami Ltd Buyback Buyback record date is .

 Cheviot Company Ltd.Emami Ltd.
Record DateDec 17, 2021
Offer Open DateJan 10, 2022Feb 09, 2022
Offer Closure DateJan 21, 2022Aug 08, 2022
Last date for receipt of tender formsJan 25, 2022
Finalisation of buybackJan 28, 2022
Last Date for settlment of bidsJan 31, 2022
Last Date for extinguishment of sharesFeb 09, 2022

Financial Details and Other Relevent Information

Comparison of Cheviot Company Buyback and Emami Ltd Buyback financial data. The table below also includes a list of all relevant information like Stock Market Data, Compay Information, Lead Manager and Registrar.

 Cheviot Company Ltd.Emami Ltd.
Financial
Summary of financial Information Standalone)
Particulars For the year/period ended (Rs. in Millions)
  30-Sep-21 31-Mar-21 31-Mar-20 31-Mar-19
Total Income 2,705.19 4,413.03 4,677.62 4,166.73
Profit After Tax 476.14 757.23 481.21 501.78
Net Worth 4,398.25 5,014.98 4,659.72 4,451.81
Reserves and Surplus 4,335.55 4,952.27 4,595.01 4,387.11
Summary of financial Information (Consolidated)
Particulars For the year/period ended (Rs. in Millions)
31-Mar-21 31-Mar-20 31-Mar-19
Total Income 29,508.00 27,119.50 27,295.30
Profit After Tax 4,547.10 3,023.00 3,025.30
Net Worth 17,626.50 18,237.50 20,760.60
Stock price at BSE

Stock price at BSE (in preceding 3 months)

Month High Price Low Price Average Price
Nov-2021 1390.00 1131.00 1224.93
Oct-2021 1305.00 1102.00 1223.67
Sep-2021 1369.95 1250.00 1308.24

Stock price at BSE (in preceding 3 months)

Month High Price Low Price Average Price
Jan-2022 535.00 466.05 499.89
Dec-2021 555.00 504.00 536.24
Nov-2021 578.65 502.80 537.45
Stock price at NSE

Stock price at NSE (in preceding 3 months)

Month High Price Low Price Average Price
Jan-2022 534.80 466.00 497.73
Dec-2021 555.00 504.05 528.04
Nov-2021 578.50 503.00 537.48

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Cheviot Company Buyback and Emami Ltd Buyback