Archidply Industries Buyback vs Engineers India Buyback

Comparison between Archidply Industries Buyback and Engineers India Buyback.

Buyback Details

Archidply Industries Buyback is a Tender Offer buyback proposed to list at BSE, NSE while Engineers India Buyback is a Tender Offer proposed to list at BSE, NSE.

 Archidply Industries Ltd.Engineers India Ltd.
LogoArchidply Industries Buyback LogoEngineers India Buyback Logo
Type of BuybackTender OfferTender Offer
Listing AtBSE, NSEBSE, NSE
Face Value₹10 per share₹5 per share
Buyback Price₹37 per share₹84 per share
Issue Size22,00,000 shares6,98,69,047 shares
Issue Size (Amount)₹8.14 Crores₹586.90 Crores
Buyback Ratio
Category Entitlement Ratio of Buyback
Reserved Category for Small Shareholders 31 Equity Shares out of every 311 Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders 30 Equity Shares out of every 301 Equity Shares held on the Record Date.
Category Entitlement Ratio of Buyback
Reserved Category for Small Shareholders 119 Equity Shares out of every 828 fully paid-up Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders 80 Equity Shares out of every 753 fully paid-up Equity Shares held on the Record Date.
RegistrarSkyline Financial Services Pvt.Ltd.Alankit Assignments Ltd.
Lead ManagersNovus Capital Advisors Pvt.Ltd.IDBI Capital Markets & Securities Ltd.
Necessity of the buyback

The Buyback is being undertaken by the Company to:
i) Return surplus funds to its equity shareholders.
ii) Achieve optimal capital structure, and
iii) To help improve financial ratios like earnings per share and return on equity.

The Buyback offered is undertaken by the Company:
i) To return surplus cash to its members.
ii) To help improve return on equity and thus increase shareholder's value.
iii) To optimize the capital structure.

Buyback Timetable

Archidply Industries Buyback and Engineers India Buyback buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. Archidply Industries Buyback Buyback record date is Jan 19, 2021. Engineers India Buyback Buyback record date is Jan 01, 2021.

 Archidply Industries Ltd.Engineers India Ltd.
Record DateJan 19, 2021Jan 01, 2021
Offer Open DateFeb 10, 2021Jan 22, 2021
Offer Closure DateFeb 24, 2021Feb 05, 2021
Last date for receipt of tender formsFeb 26, 2021Feb 08, 2021
Finalisation of buybackMar 04, 2021Feb 12, 2021
Last Date for settlment of bidsMar 05, 2021Feb 15, 2021
Last Date for extinguishment of sharesMar 13, 2021Feb 22, 2021

Financial Details and Other Relevent Information

Comparison of Archidply Industries Buyback and Engineers India Buyback financial data. The table below also includes a list of all relevant information like Stock Market Data, Compay Information, Lead Manager and Registrar.

 Archidply Industries Ltd.Engineers India Ltd.
Financial
Summary of financial Information (standalone)
Particulars For the year/period ended (Rs. in Millions)
31-Mar-20 31-Mar-19 31-Mar-18
Total Income 2,684.81 3,319.90 3,116.62
Profit After Tax 37.78 44.63 25.09
Net Worth 887.83 1,363.74 1,319.20
Summary of financial Information (standalone)
Particulars For the year/period ended (Rs. in Crores)
31-Mar-20 31-Mar-19 31-Mar-18
Total Revenue 3,461.09 2,669.42 1,967.05
Profit After Tax 430.24 370.07 377.87
Net Worth 2,345.46 2,275.85 2,267.87
Stock price at BSE

Stock price at BSE (in preceding 3 months)

Month High Price Low Price Average Price
Dec-2020 35.05 26.60 29.30
Nov-2020 29.50 24.50 24.64
Oct-2020 26.90 21.00 24.87

Stock price at BSE (in preceding 3 months)

Month High Price Low Price Average Price
Nov-2020 74.95 63.90 69.75
Oct-2020 69.00 60.50 64.30
Sep-2020 72.25 63.45 66.25
Stock price at NSE

Stock price at NSE (in preceding 3 months)

Month High Price Low Price Average Price
Dec-2020 35.05 26.60 29.49
Nov-2020 29.50 25.05 26.86
Oct-2020 26.90 23.05 24.95

Stock price at NSE (in preceding 3 months)

Month High Price Low Price Average Price
Nov-2020 74.95 63.80 69.76
Oct-2020 69.00 60.40 64.29
Sep-2020 72.30 63.50 66.21

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