Filatex India Buyback vs K.P.R Mill Buyback

Comparison between Filatex India Buyback and K.P.R Mill Buyback.

Buyback Details

Filatex India Buyback is a Tender Offer buyback proposed to list at BSE, NSE while K.P.R Mill Buyback is a Tender Offer proposed to list at BSE, NSE.

 Filatex India Ltd.K.P.R. Mill Ltd.
LogoFilatex India Buyback LogoK.P.R Mill Buyback Logo
Type of BuybackTender OfferTender Offer
Listing AtBSE, NSEBSE, NSE
Face Value₹2 per share₹1 per share
Buyback Price₹140 per share₹805 per share
Issue Size42,50,000 shares22,36,000 shares
Issue Size (Amount)₹59.50 Crores₹180.00 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.
Category Entitlement Ratio of Buyback
Reserved Category for Small Shareholders 1 Equity Share out of every 16 Fully paid-up Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders 5 Equity Share out of every 891 Fully paid-up Equity Shares held on the Record Date.
RegistrarMCS Share Transfer Agent Ltd.Kfin Technologies Ltd.
Lead ManagersCorporate Professionals Capital Pvt.Ltd.IDBI Capital Markets & Securities Ltd.
Necessity of the buyback

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.

The Buyback aims to :
i) Return surplus cash to its Shareholders.
ii) Optimize the capital structure.
iii) Improve key return ratios like return on equity capital.

Buyback Timetable

Filatex India Buyback and K.P.R Mill Buyback buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. Filatex India Buyback Buyback record date is Apr 08, 2022. K.P.R Mill Buyback Buyback record date is Feb 19, 2022.

 Filatex India Ltd.K.P.R. Mill Ltd.
Record DateApr 08, 2022Feb 19, 2022
Offer Open DateMay 09, 2022Mar 25, 2022
Offer Closure DateMay 23, 2022Apr 07, 2022
Last date for receipt of tender formsMay 23, 2022Apr 09, 2022
Finalisation of buybackMay 27, 2022Apr 18, 2022
Last Date for settlment of bidsJun 01, 2022Apr 19, 2022
Last Date for extinguishment of sharesJun 08, 2022Apr 26, 2022

Financial Details and Other Relevent Information

Comparison of Filatex India Buyback and K.P.R Mill Buyback financial data. The table below also includes a list of all relevant information like Stock Market Data, Compay Information, Lead Manager and Registrar.

 Filatex India Ltd.K.P.R. Mill Ltd.
Financial
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
Summary of financial Information (standalone)
Particulars For the year/period ended (Rs. in Crores)
31-Mar-21 31-Mar-20 31-Mar-19
Total Income 2,991.60 2,934.53 3,015.90
Profit After Tax 432.62 294.61 289.11
Net Worth 1,906.54 1,504.88 1,511.20
Reserves and Surplus 1,872.13 1,470.47 1,474.92
Stock price at BSE

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 BSE (in preceding 3 months)

Month High Price Low Price Average Price
Jan-2022 771.80 605.30 709.35
Dec-2021 699.20 502.85 581.87
Nov-2021 548.40 446.00 508.67
Stock price at NSE

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

Stock price at NSE (in preceding 3 months)

Month High Price Low Price Average Price
Jan-2022 769.00 606.25 709.22
Dec-2021 699.00 503.25 581.71
Nov-2021 548.00 445.60 508.56

Compare with others

Compare:

Filatex India Buyback and K.P.R Mill Buyback