Cheviot Company Buyback vs Weizmann Buyback

Comparison between Cheviot Company Buyback and Weizmann Buyback.

Buyback Details

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

 Cheviot Company Ltd.Weizmann Ltd.
LogoCheviot Company Buyback LogoWeizmann Buyback Logo
Type of BuybackTender OfferTender Offer
Listing AtBSEBSE, NSE
Face Value₹10 per share₹10 per share
Buyback Price₹1725 per share₹60 per share
Issue Size2,50,000 shares14,12,515 shares
Issue Size (Amount)₹43.13 Crores₹8.48 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 35 Equity Shares out of every 284 shares held on the record date.
General Category for all other Eligible Shareholders 43 Equity Shares out of every 557 shares held on the record date.
RegistrarMaheshwari Datamatics Pvt.Ltd.Bigshare Services 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) 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).

Buyback Timetable

Cheviot Company Buyback and Weizmann 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. Weizmann Buyback Buyback record date is Dec 10, 2021.

 Cheviot Company Ltd.Weizmann Ltd.
Record DateDec 17, 2021Dec 10, 2021
Offer Open DateJan 10, 2022Jan 13, 2022
Offer Closure DateJan 21, 2022Jan 27, 2022
Last date for receipt of tender formsJan 25, 2022Jan 27, 2022
Finalisation of buybackJan 28, 2022Feb 04, 2022
Last Date for settlment of bidsJan 31, 2022Feb 07, 2022
Last Date for extinguishment of sharesFeb 09, 2022Feb 14, 2022

Financial Details and Other Relevent Information

Comparison of Cheviot Company Buyback and Weizmann 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.Weizmann 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)
  30-Sep-21 31-Mar-21 31-Mar-20 31-Mar-19
Total Income 464.21 982.82 964.82 1,066.67
Profit After Tax -0.89 49.22 43.20 85.69
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
Nov-2021 55.70 50.50 52.86
Oct-2021 65.00 45.75 54.26
Sep-2021 51.65 46.00 47.95
Stock price at NSE

Stock price at NSE (in preceding 3 months)

Month High Price Low Price Average Price
Nov-2021 55.50 50.60 52.90
Oct-2021 64.40 46.10 54.10
Sep-2021 50.85 45.40 47.89

Compare with others

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Cheviot Company Buyback and Weizmann Buyback