Comparison between Atul Limited Buyback and Filatex India Buyback.
Atul Limited Buyback is a Open Market Through Stock Exchange buyback proposed to list at BSE, NSE while Filatex India Buyback is a Tender Offer proposed to list at BSE, NSE.
| Atul Ltd. | Filatex India Ltd. | |||||||
|---|---|---|---|---|---|---|---|---|
| Logo |  |  | ||||||
| Type of Buyback | Open Market Through Stock Exchange | Tender Offer | ||||||
| Listing At | BSE, NSE | BSE, NSE | ||||||
| Face Value | ₹10 per share | ₹2 per share | ||||||
| Buyback Price | ₹11000 per share | ₹140 per share | ||||||
| Issue Size | 42,50,000 shares | |||||||
| Issue Size (Amount) | ₹70.00 Crores | ₹59.50 Crores | ||||||
| Buyback Ratio |
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| Registrar | MUFG Intime India Pvt.Ltd. | MCS Share Transfer Agent Ltd. | ||||||
| Lead Managers | Vivro Financial Services Pvt.Ltd. | Corporate Professionals Capital Pvt.Ltd. | ||||||
| Necessity of the buyback | The Buy-back aims to: 1. Return surplus funds to the equity shareholders of the Company. 2. Improve earnings per share by reducing the equity base, thereby leading to a long-term increase in the value of shareholders. | The buyback is being undertaken for the following reasons: 1. The Buyback will help the company to distribute surplus cash to its shareholders holding Equity shares broadly to the proportion of their shareholding, thereby, enhancing the overall return to shareholders. 2. The Buyback would help in improving financial ratios like earnings per share and return on equity, by reducing the equity base of the company. |
Atul Limited Buyback and Filatex India Buyback buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. Atul Limited Buyback Buyback record date is . Filatex India Buyback Buyback record date is Apr 08, 2022.
| Atul Ltd. | Filatex India Ltd. | |
|---|---|---|
| Record Date | Apr 08, 2022 | |
| Offer Open Date | Apr 07, 2022 | May 09, 2022 |
| Offer Closure Date | May 09, 2022 | May 23, 2022 |
| Last date for receipt of tender forms | May 23, 2022 | |
| Finalisation of buyback | May 27, 2022 | |
| Last Date for settlment of bids | Jun 01, 2022 | |
| Last Date for extinguishment of shares | Jun 08, 2022 |
Comparison of Atul Limited Buyback and Filatex 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.
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| Stock price at BSE | Stock price at BSE (in preceding 3 months)
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| Stock price at NSE | Stock price at NSE (in preceding 3 months)
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