Dhanuka Agritech Buyback vs Jagran Prakashan Buyback 2022

Comparison between Dhanuka Agritech Buyback and Jagran Prakashan Buyback 2022.

Buyback Details

Dhanuka Agritech Buyback is a Tender Offer buyback proposed to list at BSE, NSE while Jagran Prakashan Buyback 2022 is a Tender Offer proposed to list at BSE, NSE.

 Dhanuka Agritech Ltd.Jagran Prakashan Ltd
LogoDhanuka Agritech Buyback LogoJagran Prakashan Buyback 2022 Logo
Type of BuybackTender OfferTender Offer
Listing AtBSE, NSEBSE, NSE
Face Value₹2 per share₹2 per share
Buyback Price₹850 per share₹75 per share
Issue Size10,00,000 shares4,60,00,000 shares
Issue Size (Amount)₹85.00 Crores₹345.00 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.
RegistrarBigshare Services Pvt.Ltd.Kfin Technologies Ltd.
Lead ManagersSundae Capital Advisors Pvt.Ltd.Ernst & Young Merchant Banking Services LLP
Necessity of the buyback

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.

The Buyback is being undertaken for the following reasons:

  • The Buyback will help the Company to return surplus cash to its shareholders holding Equity Shares.
  • The Buyback may help in improving return on equity, by reduction in the equity base, thereby leading to long term increase in shareholders' value.

Buyback Timetable

Dhanuka Agritech Buyback and Jagran Prakashan Buyback 2022 buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. Dhanuka Agritech Buyback Buyback record date is Nov 18, 2022. Jagran Prakashan Buyback 2022 Buyback record date is Jan 06, 2023.

 Dhanuka Agritech Ltd.Jagran Prakashan Ltd
Record DateNov 18, 2022Jan 06, 2023
Offer Open DateDec 26, 2022Mar 02, 2023
Offer Closure DateJan 06, 2023Mar 16, 2023
Last date for receipt of tender formsJan 09, 2023Mar 18, 2023
Finalisation of buybackJan 16, 2023Mar 24, 2023
Last Date for settlment of bidsJan 17, 2023Mar 27, 2023
Last Date for extinguishment of sharesJan 24, 2023Apr 03, 2023

Financial Details and Other Relevent Information

Comparison of Dhanuka Agritech Buyback and Jagran Prakashan 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.

 Dhanuka Agritech Ltd.Jagran Prakashan Ltd
Financial
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
Jagran Prakashan Ltd Financial Information (Consolidated)
Period EndedTotal RevenueProfit After TaxNet WorthReserves and SurplusTotal Borrowing
31-Mar-202129.57280.91918.491862.25225.18
31-Mar-211341.278.311995.31939.67287.93
31-Mar-221682.68216.882137.422084.69296.62
Amount in ₹ Crore
Stock price at BSE

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 BSE (in preceding 3 months)

Month High Price Low Price Average Price
Nov-2022 74.60 64.75 69.48
Oct-2022 69.10 63.25 65.76
Sep-2022 72.50 61.40 65.12
Stock price at NSE

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

Stock price at NSE (in preceding 3 months)

Month High Price Low Price Average Price
Nov-2022 74.90 63.10 69.47
Oct-2022 69.45 62.30 65.76
Sep-2022 73.70 60.70 65.16

Compare with others

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Dhanuka Agritech Buyback and Jagran Prakashan Buyback 2022