Freshtrop Fruits Buyback vs Jullundur Motor Agency Buyback

Comparision between Freshtrop Fruits Buyback and Jullundur Motor Agency Buyback.

Buyback Details

Freshtrop Fruits Buyback is a Open Market Through Stock Exchange buyback proposed to list at BSE while Jullundur Motor Agency Buyback is a Tender Offer proposed to list at NSE.

Freshtrop Fruits Limited

Jullundur Motor Agency (Delhi) 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

₹90 per share

₹36 per share

Issue Size

74,50,000 shares

Issue Size (Amount)

₹6.75 Crores

₹26.82 Crores

Buyback Ratio

Category	Entitlement Ratio of Buyback
Reserved Category for Small Shareholders	38 Equity Shares out of every 93 Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders	386 Equity Shares out of every 945 Equity Shares held on the Record Date.

Registrar

Bigshare Services Pvt Ltd

Mas Services Limited

Lead Managers

Chartered Capital And Investment Limited

Systematix Corporate Services Limited

Necessity of the buyback

The Buyback is undertaken by the Company to:
i) Optimize returns to shareholders;
ii) Enhance overall shareholders value; and
iii) Optimize the capital structure.

The Buyback is undertaken by the Company to:
i) Return surplus cash to its equity shareholders that are
over and above its ordinary capital requirements and in excess of any current investment plans.
ii) Improve financial ratios like earnings per share (EPS) and return on equity (ROE) by reducing the equity base of the Company

Buyback Timetable

Freshtrop Fruits Buyback and Jullundur Motor Agency Buyback buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. Freshtrop Fruits Buyback Buyback record date is . Jullundur Motor Agency Buyback Buyback record date is Dec 24, 2020.

	Freshtrop Fruits Limited	Jullundur Motor Agency (Delhi) Limited
Record Date		Dec 24, 2020
Offer Open Date	Feb 10, 2021	Jan 25, 2021
Offer Closure Date	Aug 09, 2021	Feb 08, 2021
Last date for receipt of tender forms		Feb 10, 2021
Finalisation of buyback		Feb 15, 2021
Last Date for settlment of bids		Feb 16, 2021
Last Date for extinguishment of shares		Feb 23, 2021

Financial Details and Other Relevent Information

Comparison of Freshtrop Fruits Buyback and Jullundur Motor Agency 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 Limited

Jullundur Motor Agency (Delhi) Limited

Financial

Summary of financial Information (standalone)
Particulars	For the year/period ended (Rs. in Millions)
	31-Mar-20	31-Mar-19	31-Mar-18
Total Income	1,669.80	1,760.50	1,779.59
Profit After Tax	46.19	137.44	83.04
Net Worth	693.54	764.30	626.64

Summary of financial Information (standalone)
Particulars	For the year/period ended (Rs. in Millions)
	31-Mar-20	31-Mar-19	31-Mar-18
Total Income	3,095.67	3,322.27	3,260.04
Profit After Tax	127.04	134.41	119.90
Net Worth	1,576.10	1,455.59	1,380.40

Stock price at BSE

Stock price at BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Dec-2020	75.00	62.10	67.31
Nov-2020	69.75	50.55	60.70
Oct-2020	62.90	55.00	57.90

Stock price at NSE

Stock price at NSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Nov-2020	33.25	25.70	29.65
Oct-2020	30.50	24.20	27.14
Sep-2020	32.80	24.40	27.79

Compare with others

Freshtrop Fruits Limited	Jullundur Motor Agency (Delhi) Limited
NALCO Buyback	Anup Engineering Buyback
Neelamalai Agro Buyback	Atul Buyback
VRL Logistics Buyback	Freshtrop Fruits Buyback
Anup Engineering Buyback	Archidply Industries Buyback
Atul Buyback	Industrial and Prudential Investment Buyback
Archidply Industries Buyback	Engineers India Buyback
Industrial and Prudential Investment Buyback	IIFL Securities Buyback
Jullundur Motor Agency Buyback	Rane Brake Buyback
Engineers India Buyback	HPCL Buyback
IIFL Securities Buyback	Sreeleathers Buyback

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