Comparison between Garware Technical Buyback and Sreeleathers Buyback.
Garware Technical Buyback is a Tender Offer buyback proposed to list at BSE, NSE while Sreeleathers Buyback is a Open Market Through Stock Exchange proposed to list at BSE, NSE.
| Garware Technical Fibres Ltd | Sreeleathers Ltd. | |||||||
|---|---|---|---|---|---|---|---|---|
| Logo |  |  | ||||||
| Type of Buyback | Tender Offer | Open Market Through Stock Exchange | ||||||
| Listing At | BSE, NSE | BSE, NSE | ||||||
| Face Value | ₹10 per share | ₹10 per share | ||||||
| Buyback Price | ₹2300 per share | ₹160 per share | ||||||
| Issue Size | 3,17,391 shares | |||||||
| Issue Size (Amount) | ₹73.00 Crores | ₹32.00 Crores | ||||||
| Buyback Ratio |
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| Registrar | MUFG Intime India Pvt.Ltd. | Niche Technologies Pvt.Ltd. | ||||||
| Lead Managers | Ambit Pvt.Ltd. | Mark Corporate Advisors Pvt.Ltd. | ||||||
| Necessity of the buyback | The Buyback is being undertaken by the company to return the surplus cash to the shareholders in an effective and efficient manner. |
The buyback is undertaken by the company to:
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Garware Technical Buyback and Sreeleathers Buyback buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. Garware Technical Buyback Buyback record date is Dec 11, 2020. Sreeleathers Buyback Buyback record date is .
| Garware Technical Fibres Ltd | Sreeleathers Ltd. | |
|---|---|---|
| Record Date | Dec 11, 2020 | |
| Offer Open Date | Jan 19, 2021 | Dec 04, 2020 |
| Offer Closure Date | Feb 02, 2021 | Jun 03, 2021 |
| Last date for receipt of tender forms | Feb 04, 2021 | |
| Finalisation of buyback | Feb 10, 2021 | |
| Last Date for settlment of bids | Feb 11, 2021 | |
| Last Date for extinguishment of shares | Feb 18, 2021 |
Comparison of Garware Technical Buyback and Sreeleathers Buyback financial data. The table below also includes a list of all relevant information like Stock Market Data, Compay Information, Lead Manager and Registrar.
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| Financial |
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| Stock price at BSE | Stock price at BSE (in preceding 3 months)
| Stock price at BSE (in preceding 3 months)
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| Stock price at NSE | Stock price at NSE (in preceding 3 months)
| Stock price at NSE (in preceding 3 months)
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