Amrutanjan Health Care Buyback 2023 vs Emami Limited Buyback 2023

Comparision between Amrutanjan Health Care Buyback 2023 and Emami Limited Buyback 2023.

Buyback Details

Amrutanjan Health Care Buyback 2023 is a Tender Offer buyback proposed to list at BSE, NSE while Emami Limited Buyback 2023 is a Open Market Through Stock Exchange proposed to list at BSE, NSE.

Amrutanjan Health Care Limited

Emami Limited

Logo

Type of Buyback

Tender Offer

Open Market Through Stock Exchange

Listing At

BSE, NSE

Face Value

₹1 per share

Buyback Price

₹900 per share

₹450 per share

Issue Size

3,20,000 shares

Issue Size (Amount)

₹28.80 Crores

₹186.00 Crores

Buyback Ratio

Category	Entitlement Ratio of Buyback	Shares Offered
Reserved Category for Small Shareholders	2 Equity Shares out of every 91 Fully paid-up Equity Shares held on the Record Date.	53,652.00
General Category for all other Eligible Shareholders	2 Equity Shares out of every 91 Fully paid-up Equity Shares held on the Record Date.	266,348.00

Registrar

Cameo Corporate Services Limited

Maheshwari Datamatics Pvt. Ltd

Lead Managers

Saffron Capital Advisors Private Limited

Iifl Securities Ltd

Necessity of the buyback

The proposed Buy-back will help the Company achieve the following objectives:

Improve the valuation of the Company and fair valuation of the share price
Enhancing the overall return to shareholders in the long run
Creating long term value for shareholders
Improving the fundamental ratios of the Company
Exit option to shareholders, particularly small shareholders, at a premium over market price.

The Buyback aims to:
i) Return surplus cash to its Shareholders.
ii) Reduce the outstanding number of equity shares and consequently increase earnings per share and book value per share.
iii) Improve key return ratios like return on equity capital.

Buyback Timetable

Amrutanjan Health Care Buyback 2023 and Emami Limited Buyback 2023 buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. Amrutanjan Health Care Buyback 2023 Buyback record date is Jul 13, 2023. Emami Limited Buyback 2023 Buyback record date is .

	Amrutanjan Health Care Limited	Emami Limited
Record Date	Jul 13, 2023
Offer Open Date	Jul 19, 2023	Apr 13, 2023
Offer Closure Date	Jul 25, 2023	Jul 06, 2023
Last date for receipt of tender forms
Finalisation of buyback
Last Date for settlment of bids
Last Date for extinguishment of shares

Financial Details and Other Relevent Information

Comparison of Amrutanjan Health Care Buyback 2023 and Emami Limited Buyback 2023 financial data. The table below also includes a list of all relevant information like Stock Market Data, Compay Information, Lead Manager and Registrar.

Amrutanjan Health Care Limited

Emami Limited

Financial

Amrutanjan Health Care Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax
31-Mar-19	187.61	260.36	24.51
31-Mar-20	205.35	269.80	25.08
31-Mar-21	274.27	344.16	61.19
31-Mar-22	349.87	421.22	67.19
31-Mar-23	362.09	394.18	39.83
Amount in ₹ Crore

Emami Limited Financial Information (Restated Consolidated)
Period Ended	Total Revenue	Profit After Tax	Net Worth
31-Mar-20	2,711.95	302.30	1,823.75
31-Mar-21	2,950.80	454.71	1,762.65
31-Mar-22	3,287.28	836.67	2,076.59
Amount in ₹ Crore

Stock price at BSE

Stock price at BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Jun-2023	737.50	588.65	622.82
May-2023	608.05	582.55	599.85
Apr-2023	623.85	593.90	607.21

Stock price at BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Feb-2023	443.00	374.90	399.73
Jan-2023	449.20	414.45	430.35
Dec-2022	480.05	408.20	445.89

Stock price at NSE

Stock price at NSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Jun-2023	738.25	586.95	622.18
May-2023	608.25	583.60	599.70
Apr-2023	624.00	593.15	607.00

Stock price at NSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Feb-2023	443.20	374.80	400.08
Jan-2023	440.80	414.00	429.56
Dec-2022	481.00	410.00	441.93

Compare with others

Amrutanjan Health Care Limited	Emami Limited
Aarti Drugs Buyback 2023	Amrutanjan Health Care Buyback 2023
Indiamart Intermesh Buyback 2023	Axita Cotton Buyback 2023
James Warren Tea Buyback 2023	Welspun India Buyback 2023
Goldiam International Buyback 2023	Wipro Buyback 2023
BSE Buyback July 2023	Ashiana Housing Buyback 2023
Axita Cotton Buyback 2023	Godawari Power and Ispat Buyback 2023
Welspun India Buyback 2023	Ajanta Pharma Buyback 2023
Wipro Buyback 2023	Natco Pharma Buyback 2023
Ashiana Housing Buyback 2023	Symphony Buyback
Emami Limited Buyback 2023	TeamLease Services Buyback

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