Balrampur Chini Buyback 2022 vs Dhanuka Agritech Buyback

Comparison between Balrampur Chini Buyback 2022 and Dhanuka Agritech Buyback.

Buyback Details

Balrampur Chini Buyback 2022 is a Open Market Through Stock Exchange buyback proposed to list at BSE, NSE while Dhanuka Agritech Buyback is a Tender Offer proposed to list at BSE, NSE.

 Balrampur Chini Mills Ltd.Dhanuka Agritech Ltd.
LogoBalrampur Chini Buyback 2022 LogoDhanuka Agritech Buyback Logo
Type of BuybackOpen Market Through Stock ExchangeTender Offer
Listing AtBSE, NSEBSE, NSE
Face Value₹1 per share₹2 per share
Buyback Price₹360 per share₹850 per share
Issue Size10,00,000 shares
Issue Size (Amount)₹145.45 Crores₹85.00 Crores
Buyback Ratio
Category Entitlement Ratio of Buyback
Reserved Category for Small Shareholders 4 Equity Share out of every 33 Fully paid-up Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders 3 Equity Shares out of every 160 Fully paid-up Equity Shares held on the Record Date.
RegistrarKfin Technologies Ltd.Bigshare Services Pvt.Ltd.
Lead ManagersAxis Capital Ltd.Sundae Capital Advisors Pvt.Ltd.
Necessity of the buyback

The buyback is being undertaken for the following reason:

1.To optimize returns to shareholders.

2. To enhance overall shareholder value.

3. To optimize capital structure.

The Buyback is being undertaken for the following reasons:

  1. The Buyback will help the Company to return surplus cash to its shareholders holding Equity Shares broadly in proportion to their shareholding, thereby, enhancing the overall return to shareholders.
  2. The Buyback may help in improving return on equity, by the reduction in the equity base, thereby leading to a long-term increase in shareholders' value.

Buyback Timetable

Balrampur Chini Buyback 2022 and Dhanuka Agritech Buyback buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. Balrampur Chini Buyback 2022 Buyback record date is . Dhanuka Agritech Buyback Buyback record date is Nov 18, 2022.

 Balrampur Chini Mills Ltd.Dhanuka Agritech Ltd.
Record DateNov 18, 2022
Offer Open DateNov 16, 2022Dec 26, 2022
Offer Closure DateMay 15, 2023Jan 06, 2023
Last date for receipt of tender formsJan 09, 2023
Finalisation of buybackJan 16, 2023
Last Date for settlment of bidsJan 17, 2023
Last Date for extinguishment of sharesJan 24, 2023

Financial Details and Other Relevent Information

Comparison of Balrampur Chini Buyback 2022 and Dhanuka Agritech Buyback financial data. The table below also includes a list of all relevant information like Stock Market Data, Compay Information, Lead Manager and Registrar.

 Balrampur Chini Mills Ltd.Dhanuka Agritech Ltd.
Financial
Balrampur Chini Mills Limited Financial Information (Restated)
Period EndedTotal RevenueProfit After TaxNet Worth
31-Mar-20779.84509.282287.5
31-Mar-214845.11469.772480.44
31-Mar-224893.94514.662673.63
Amount in ₹ Crore
Dhanuka Agritech Limited Financial Information (Restated)
Period EndedTotal RevenueProfit After TaxNet WorthReserves and Surplus
31-Mar-201145.16141.35707.58698.07
31-Mar-211421.17210.56796.19786.87
31-Mar-221511.36208.89960.42951.1
Amount in ₹ Crore
Stock price at BSE

Stock price at BSE (in preceding 3 months)

Month High Price Low Price Average Price
Jan-2022 366.95 306.80 343.47
Jan-2022 385.85 335.45 363.80
Jan-2022 404.15 329.00 352.13

Stock price at BSE (in preceding 3 months)

Month High Price Low Price Average Price
Oct-2022 748.00 645.55 703.00
Sep-2022 748.90 630.65 708.70
Aug-2022 725.95 680.80 700.89
Stock price at NSE

Stock price at NSE (in preceding 3 months)

Month High Price Low Price Average Price
Jan-2022 367.00 307.30 343.73
Jan-2022 385.90 335.15 363.87
Jan-2022 404.50 329.00 352.13

Stock price at NSE (in preceding 3 months)

Month High Price Low Price Average Price
Oct-2022 742.00 645.60 705.47
Sep-2022 750.00 631.20 704.47
Aug-2022 726.00 680.00 703.80

Compare with others

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Balrampur Chini Buyback 2022 and Dhanuka Agritech Buyback