Freshtrop Fruits Buyback 2022 vs Softsol India Buyback 2022

Comparision between Freshtrop Fruits Buyback 2022 and Softsol India Buyback 2022.

Buyback Details

Freshtrop Fruits Buyback 2022 is a Open Market Through Stock Exchange buyback proposed to list at BSE while Softsol India Buyback 2022 is a Tender Offer proposed to list at BSE.

Freshtrop Fruits Limited

Softsol India Limited

Logo

Type of Buyback

Open Market Through Stock Exchange

Tender Offer

Listing At

BSE

Face Value

₹10 per share

Buyback Price

₹115 per share

₹170 per share

Issue Size

20,58,824 shares

Issue Size (Amount)

₹8.00 Crores

₹35.00 Crores

Buyback Ratio

Category	Entitlement Ratio of Buyback	Shares Offered
Reserved Category for Small Shareholders	9 Equity Shares out of every 11 Fully paid-up Equity Shares held on the Record Date.	308,824.00
General Category for all other Eligible Shareholders	5 Equity Shares out of every 47 Fully paid-up Equity Shares held on the Record Date.	1,750,000.00

Registrar

Bigshare Services Pvt Ltd

Kfin Technologies Limited

Lead Managers

Chartered Capital And Investment Limited

Akasam Consulting Private Limited

Necessity of the buyback

The Buyback is being undertaken for the following reasons:

The Buyback will help the Company to return surplus cash to its shareholders holding Equity Shares broadly in proportion to their shareholding, thereby, enhancing the overall return to shareholders.
The Buyback may help improve return on equity by reducing the equity base, thereby leading to a long-term increase in shareholders' value.

Buyback Timetable

Freshtrop Fruits Buyback 2022 and Softsol India Buyback 2022 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 . Softsol India Buyback 2022 Buyback record date is Jan 13, 2023.

	Freshtrop Fruits Limited	Softsol India Limited
Record Date		Jan 13, 2023
Offer Open Date	Dec 20, 2022	Mar 03, 2023
Offer Closure Date	Feb 07, 2023	Mar 17, 2023
Last date for receipt of tender forms		Mar 17, 2023
Finalisation of buyback		Mar 21, 2023
Last Date for settlment of bids		Mar 23, 2023
Last Date for extinguishment of shares		Mar 30, 2023

Financial Details and Other Relevent Information

Comparison of Freshtrop Fruits Buyback 2022 and Softsol India Buyback 2022 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 Limited

Softsol India Limited

Financial

Freshtrop Fruits Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax
31-Mar-21	154.68	150.43	9.49
31-Mar-22	168.99	178.69	7.36
Amount in ₹ Crore

Softsol India Limited Financial Information (Restated)
Period Ended	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus
31-Mar-20	27.73	7.72	140.35	123.11
31-Mar-21	26.79	10.85	151.36	134.12
31-Mar-22	26.76	4.33	162.17	144.93
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
Nov-2022	399.00	349.95	371.61
Oct-2022	389.60	366.45	378.66
Sep-2022	381.30	341.00	364.85

Stock price at NSE

Stock price at NSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Nov-2022	398.70	346.00	371.75
Oct-2022	388.00	367.95	379.02
Sep-2022	382.00	350.80	365.25

Compare with others

Freshtrop Fruits Limited	Softsol India Limited
Welspun Enterprises Buyback	Bajaj Consumer Care Buyback
Hinduja Global Solutions Buyback	Freshtrop Fruits Buyback 2022
One 97 Communications Buyback	Cosmo First Buyback
KAMA Holdings Buyback	Jenburkt Pharmaceuticals Buyback
Bajaj Consumer Care Buyback	Indian Energy Exchange Buyback
Cosmo First Buyback	Tips Industries Buyback 2022
Jenburkt Pharmaceuticals Buyback	eClerx Services Buyback 2022
Indian Energy Exchange Buyback	Technocraft Industries Buyback 2022
Softsol India Buyback 2022	Triveni Engineering Buyback 2022
Tips Industries Buyback 2022	Balrampur Chini Buyback 2022

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