Dhanuka Agritech Buyback vs Jagran Prakashan Buyback 2022

Comparision 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 Limited

Jagran Prakashan Ltd

Logo

Type of Buyback

Tender Offer

Listing At

BSE, NSE

Face Value

₹2 per share

Buyback Price

₹850 per share

₹75 per share

Issue Size

10,00,000 shares

4,60,00,000 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.

Registrar

Bigshare Services Pvt Ltd

Kfin Technologies Limited

Lead Managers

Sundae Capital Advisors

Ernst & Young Merchant Banking Services Llp

Necessity of the buyback

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 broadly in proportion to their shareholding, thereby, enhancing the overall return to shareholders.
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 Limited	Jagran Prakashan Ltd
Record Date	Nov 18, 2022	Jan 06, 2023
Offer Open Date	Dec 26, 2022	Mar 02, 2023
Offer Closure Date	Jan 06, 2023	Mar 16, 2023
Last date for receipt of tender forms	Jan 09, 2023	Mar 18, 2023
Finalisation of buyback	Jan 16, 2023	Mar 24, 2023
Last Date for settlment of bids	Jan 17, 2023	Mar 27, 2023
Last Date for extinguishment of shares	Jan 24, 2023	Apr 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 Limited

Jagran Prakashan Ltd

Financial

Dhanuka Agritech Limited Financial Information (Restated)
Period Ended	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus
31-Mar-20	1145.16	141.35	707.58	698.07
31-Mar-21	1421.17	210.56	796.19	786.87
31-Mar-22	1511.36	208.89	960.42	951.1
Amount in ₹ Crore

Jagran Prakashan Ltd Financial Information (Consolidated)
Period Ended	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus	Total Borrowing
31-Mar-20	2129.57	280.9	1918.49	1862.25	225.18
31-Mar-21	1341.2	78.31	1995.3	1939.67	287.93
31-Mar-22	1682.68	216.88	2137.42	2084.69	296.62
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

Dhanuka Agritech Limited	Jagran Prakashan Ltd
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Orbit Exports Buyback	Balrampur Chini Buyback 2022
Jagran Prakashan Buyback 2022	Windlas Biotech Buyback 2022
Triveni Turbine Buyback	Orbit Exports Buyback
Kaveri Seed Buyback 2022	Triveni Turbine Buyback
Garware Technical Fibres Buyback	Dhanuka Agritech Buyback
International Conveyors Buyback	Kaveri Seed Buyback 2022
Infosys Buyback 2022	Garware Technical Fibres Buyback
SP Apparels Buyback	International Conveyors Buyback

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