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Freshtrop Fruits Buyback vs VRL Logistics Buyback

Comparision between Freshtrop Fruits Buyback and VRL Logistics Buyback.

Buyback Details

Freshtrop Fruits Buyback is a Open Market Through Stock Exchange buyback proposed to list at BSE while VRL Logistics Buyback is a Open Market Through Stock Exchange proposed to list at BSE, NSE.

  Freshtrop Fruits Limited VRL Logistics Limited
Logo Freshtrop Fruits Buyback Logo VRL Logistics Buyback Logo
Type of Buyback Open Market Through Stock Exchange Open Market Through Stock Exchange
Listing At BSE BSE, NSE
Face Value ₹10 per share ₹10 per share
Buyback Price ₹90 per share ₹300 per share
Issue Size
Issue Size (Amount) ₹6.75 Crores ₹60.00 Crores
Buyback Ratio
Registrar Bigshare Services Pvt Ltd Kfin Technologies Limited
Lead Managers Chartered Capital And Investment Limited ICICI Securities 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 will help the Company achieve the following objectives:
i) Optimize returns to shareholders;
ii) Enhance overall shareholders’ value; and
iii) Improve return on equity by reduction in the equity base.

Buyback Timetable

Freshtrop Fruits Buyback and VRL Logistics 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 . VRL Logistics Buyback Buyback record date is .

  Freshtrop Fruits Limited VRL Logistics Limited
Record Date
Offer Open Date Feb 10, 2021 Feb 17, 2021
Offer Closure Date Aug 09, 2021 Aug 16, 2021
Last date for receipt of tender forms
Finalisation of buyback
Last Date for settlment of bids
Last Date for extinguishment of shares

Financial Details and Other Relevent Information

Comparison of Freshtrop Fruits Buyback and VRL Logistics 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 VRL Logistics 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 21,288.56 21,174.68 19,365.50
Profit After Tax 901.14 919.16 925.64
Net Worth 6,168.69 6,459.38 5,932.19
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 BSE (in preceding 3 months)

Month High Price Low Price Average Price
Jan-2021 214.00 165.00 196.03
Dec-2020 214.00 171.80 197.27
Nov-2020 192.60 149.00 166.31
Stock price at NSE

Stock price at NSE (in preceding 3 months)

Month High Price Low Price Average Price
Jan-2021 209.70 179.25 196.00
Dec-2020 214.25 171.75 197.31
Nov-2020 193.05 149.00 166.32

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