Freshtrop Fruits Buyback 2022 vs Hinduja Global Solutions Buyback

Comparison between Freshtrop Fruits Buyback 2022 and Hinduja Global Solutions Buyback.

Buyback Details

Freshtrop Fruits Buyback 2022 is a Open Market Through Stock Exchange buyback proposed to list at BSE while Hinduja Global Solutions Buyback is a Tender Offer proposed to list at BSE, NSE.

 Freshtrop Fruits Ltd.Hinduja Global Solutions Ltd.
LogoFreshtrop Fruits Buyback 2022 LogoHinduja Global Solutions Buyback Logo
Type of BuybackOpen Market Through Stock ExchangeTender Offer
Listing AtBSEBSE, NSE
Face Value₹10 per share₹10 per share
Buyback Price₹115 per share₹1700 per share
Issue Size60,00,000 shares
Issue Size (Amount)₹8.00 Crores₹1,020.00 Crores
Buyback Ratio
CategoryEntitlement Ratio of BuybackShares Offered
Reserved Category for Small Shareholders1 Equity Shares out of every 3 Fully paid-up Equity Shares held on the Record Date.900,000.00
General Category for all other Eligible Shareholders1 Equity Shares out of every 9 Fully paid-up Equity Shares held on the Record Date.5,100,000.00
RegistrarBigshare Services Pvt.Ltd.Kfin Technologies Ltd.
Lead ManagersChartered Capital & Investment Ltd.Motilal Oswal Investment Advisors Ltd.
Necessity of the buyback

The Buyback is being undertaken with following objectives:

1. The Buyback will help the Company to distribute surplus cash to its shareholders holding Equity Shares broadly in proportion to their shareholding, thereby, enhancing the overall return to the shareholders.

2. The Buyback will help in improving financial ratios like earnings per share, return on capital employed and return on equity, by reducing the equity base of the Company

Buyback Timetable

Freshtrop Fruits Buyback 2022 and Hinduja Global Solutions Buyback buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. Freshtrop Fruits Buyback 2022 Buyback record date is . Hinduja Global Solutions Buyback Buyback record date is Mar 06, 2023.

 Freshtrop Fruits Ltd.Hinduja Global Solutions Ltd.
Record DateMar 06, 2023
Offer Open DateDec 20, 2022May 22, 2023
Offer Closure DateFeb 07, 2023Jun 02, 2023
Last date for receipt of tender formsJun 02, 2023
Finalisation of buybackJun 12, 2023
Last Date for settlment of bidsJun 13, 2023
Last Date for extinguishment of sharesJun 20, 2023

Financial Details and Other Relevent Information

Comparison of Freshtrop Fruits Buyback 2022 and Hinduja Global Solutions Buyback financial data. The table below also includes a list of all relevant information like Stock Market Data, Compay Information, Lead Manager and Registrar.

 Freshtrop Fruits Ltd.Hinduja Global Solutions Ltd.
Financial
Freshtrop Fruits Limited Financial Information (Restated)
Period EndedTotal AssetsTotal RevenueProfit After Tax
31-Mar-21154.68150.439.49
31-Mar-22168.99178.697.36
Amount in ₹ Crore
Hinduja Global Solutions Limited Financial Information (Consolidated)
Period EndedTotal RevenueProfit After TaxNet WorthTotal Borrowing
31-Mar-205043.64184.041731.84498.96
31-Mar-215670.49336.052084.87292.24
31-Mar-224488.63-32.128229.73819.18
30-Sep-222692.42265.418644.78638.47
Amount in ₹ Crore
Stock price at BSE

Stock price at BSE (in preceding 3 months)

Month High Price Low Price Average Price
Jun-2022 108.00 93.70 99.78
Jul-2022 105.00 93.50 97.17
Aug-2022 110.00 82.50 93.61

Stock price at BSE (in preceding 3 months)

Month High Price Low Price Average Price
Aug-2022 1661.05 1275.65 1464.25
Sep-2022 1484.50 1221.00 1391.98
Oct-2022 1331.80 1207.45 1272.53
Stock price at NSE

Stock price at NSE (in preceding 3 months)

Month High Price Low Price Average Price
Aug-2022 1662.75 1279.35 1471.26
Sep-2022 1488.10 1217.45 1402.97
Oct-2022 1329.55 1207.40 1277.21

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