Atul Limited Buyback vs Filatex India Buyback

Comparision between Atul Limited Buyback and Filatex India Buyback.

Buyback Details

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 Limited

Filatex India Limited

Logo

Type of Buyback

Open Market Through Stock Exchange

Tender Offer

Listing At

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

Category	Entitlement Ratio of Buyback
Reserved Category for Small Shareholders	23 Equity Share out of every 226 Fully paid-up Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders	8 Equity Share out of every 485 Fully paid-up Equity Shares held on the Record Date.

Registrar

Link Intime India Private Ltd

Mcs Share Transfer Agent Limited

Lead Managers

Vivro Financial Services Private Limited

Corporate Professionals Capital Private 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.

Buyback Timetable

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 Limited	Filatex India Limited
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

Financial Details and Other Relevent Information

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.

Atul Limited

Filatex India Limited

Financial

Summary of financial Information (Consolidated)
Particulars	For the year/period ended (Rs. in Crores)
	31-Mar-21	31-Mar-20	31-Mar-19
Total Income	3,834.45	4,171.10	4,072.67
Profit After Tax	660.02	670.91	436.02
Net Worth	3,826.52	3,154.90	2,705.71

Summary of financial Information (standalone)
Particulars	For the year/period ended (Rs. in Lakhs)
	31-Mar-21	31-Mar-20	31-Mar-19
Total Income	2,23,660.74	2,79,448.95	2,88,588.53
Profit After Tax	16,583.32	12,147.04	8,484.60
Net Worth	68,976.87	52,272.04	39,934.67
Reserves and Surplus	64,560.51	47,878.34	35,584.67

Stock price at BSE

Stock price at BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Feb-2022	9852.10	8627.90	9361.13
Jan-2022	10859.00	8966.80	9709.73
Dec-2021	9121.75	8302.30	8787.72

Stock price at BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Feb-2022	129.80	101.15	119.89
Jan-2022	142.30	96.50	118.36
Dec-2021	103.90	72.50	90.82

Stock price at NSE

Stock price at NSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Feb-2022	9899.95	8622.05	9359.34
Jan-2022	10856.80	8964.05	9714.97
Dec-2021	9124.70	8313.45	8784.29

Stock price at NSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Feb-2022	129.35	101.00	120.46
Jan-2022	142.80	96.55	120.76
Dec-2021	104.00	72.35	91.36

Compare with others

Atul Limited	Filatex India Limited
Sinclairs Hotels Buyback	IndiaMART InterMESH Buyback
Sarda Energy & Minerals Buyback	Sinclairs Hotels Buyback
UPL Limited Buyback 2022	Sarda Energy & Minerals Buyback
GAIL (India) Buyback	UPL Limited Buyback 2022
Filatex India Buyback	GAIL (India) Buyback
Pennar Industries Buyback	Atul Limited Buyback
Gulf Oil Lubricants Buyback Feb 22	Pennar Industries Buyback
FDC Buyback	Gulf Oil Lubricants Buyback Feb 22
K.P.R Mill Buyback	FDC Buyback
Mayur Uniquoters Buyback	K.P.R Mill Buyback

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