Cheviot Company Buyback vs S H Kelkar Buyback

Comparison between Cheviot Company Buyback and S H Kelkar Buyback.

Buyback Details

Cheviot Company Buyback is a Tender Offer buyback proposed to list at BSE while S H Kelkar Buyback is a Tender Offer proposed to list at BSE, NSE.

 Cheviot Company Ltd.S H Kelkar and Company Ltd.
LogoCheviot Company Buyback LogoS H Kelkar Buyback Logo
Type of BuybackTender OfferTender Offer
Listing AtBSEBSE, NSE
Face Value₹10 per share₹10 per share
Buyback Price₹1725 per share₹210 per share
Issue Size2,50,000 shares29,00,000 shares
Issue Size (Amount)₹43.13 Crores₹60.90 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.
Category Entitlement Ratio of Buyback
Reserved Category for Small Shareholders 1 Equity Shares out of every 17 fully paid-up Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders 2 Equity Shares out of every 109 fully paid-up Equity Shares held on the Record Date.
RegistrarMaheshwari Datamatics Pvt.Ltd.MUFG Intime India Pvt.Ltd.
Lead ManagersVC Corporate Advisors Pvt.Ltd.Keynote Financial 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) Reward the shareholders.
ii) Optimize the capital structure

Buyback Timetable

Cheviot Company Buyback and S H Kelkar 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. S H Kelkar Buyback Buyback record date is Nov 12, 2021.

 Cheviot Company Ltd.S H Kelkar and Company Ltd.
Record DateDec 17, 2021Nov 12, 2021
Offer Open DateJan 10, 2022Dec 15, 2021
Offer Closure DateJan 21, 2022Dec 28, 2021
Last date for receipt of tender formsJan 25, 2022Dec 28, 2021
Finalisation of buybackJan 28, 2022Jan 05, 2022
Last Date for settlment of bidsJan 31, 2022Jan 06, 2022
Last Date for extinguishment of sharesFeb 09, 2022Jan 13, 2022

Financial Details and Other Relevent Information

Comparison of Cheviot Company Buyback and S H Kelkar 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.S H Kelkar and Company 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 (standalone)
Particulars For the year/period ended (Rs. in Millions)
30-Sep-21 (Unaudited) 31-Mar-21 31-Mar-20 31-Mar-19
Total Income 3,724.90 7,954.40 7,290.00 7,129.20
Profit After Tax 155.90 797.10 319.20 449.70
Net Worth 6,403.70 6,349.70 5,687.30 5,965.50
Reserves and Surplus 4,990.50 4,936.50 4,274.10 4,519.30
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
Oct-2021 167.90 142.20 155.30
Sep-2021 175.10 145.20 162.20
Aug-2021 182.00 134.85 155.11
Stock price at NSE

Stock price at NSE (in preceding 3 months)

Month High Price Low Price Average Price
Oct-2021 166.40 142.00 155.28
Sep-2021 175.50 148.25 162.27
Aug-2021 182.20 135.00 155.10

Compare with others

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Cheviot Company Buyback and S H Kelkar Buyback