Bharat Rasayan Buyback vs Indian Toners & Developers Buyback

Comparision between Bharat Rasayan Buyback and Indian Toners & Developers Buyback.

Buyback Details

Bharat Rasayan Buyback is a Tender Offer buyback proposed to list at NSE while Indian Toners & Developers Buyback is a Tender Offer proposed to list at BSE.

Bharat Rasayan Limited

Indian Toners & Developers Limited

Logo

Type of Buyback

Tender Offer

Listing At

NSE

BSE

Face Value

₹10 per share

Buyback Price

₹11500 per share

₹160 per share

Issue Size

93,472 shares

23,11,610 shares

Issue Size (Amount)

₹107.49 Crores

₹36.99 Crores

Buyback Ratio

Category	Entitlement Ratio of Buyback
Reserved Category for Small Shareholders	12 Equity Shares out of every 79 fully paid-up Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders	19 Equity Shares out of every 994 fully paid-up Equity Shares held on the Record Date.

Category	Entitlement Ratio of Buyback
Reserved Category for Small Shareholders	111 Equity Shares out of every 632 fully paid-up Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders	111 Equity Shares out of every 632 fully paid-up Equity Shares held on the Record Date.

Registrar

Link Intime India Private Ltd

Alankit Assignments Ltd

Lead Managers

Corporate Professionals Capital Private Ltd

Necessity of the buyback

The Buy-back is being undertaken by the Company to:
i) To return surplus funds to the Equity Shareholders; and
ii) To help improve financial ratios like earnings per share and return on equity, by reducing the equity base of the Company.

The Buyback is undertaken by the Company to:
i) Distribute surplus cash to the Equity shareholders.
ii) Improve financial ratios like earnings per share and return on equity, by reducing the equity base of the company.

Buyback Timetable

Bharat Rasayan Buyback and Indian Toners & Developers Buyback buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. Bharat Rasayan Buyback Buyback record date is Mar 05, 2021. Indian Toners & Developers Buyback Buyback record date is Jan 15, 2021.

	Bharat Rasayan Limited	Indian Toners & Developers Limited
Record Date	Mar 05, 2021	Jan 15, 2021
Offer Open Date	Mar 26, 2021	Mar 04, 2021
Offer Closure Date	Apr 12, 2021	Mar 18, 2021
Last date for receipt of tender forms	Apr 14, 2021	Mar 22, 2021
Finalisation of buyback	Apr 20, 2021	Mar 24, 2021
Last Date for settlment of bids	Apr 22, 2021	Mar 25, 2021
Last Date for extinguishment of shares	Apr 29, 2021	Apr 08, 2021

Financial Details and Other Relevent Information

Comparison of Bharat Rasayan Buyback and Indian Toners & Developers Buyback financial data. The table below also includes a list of all relevant information like Stock Market Data, Compay Information, Lead Manager and Registrar.

Bharat Rasayan Limited

Indian Toners & Developers 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	12,318.70	9,946.87	8,130.16
Profit After Tax	1,576.42	1,115.24	983.14
Net Worth	5,641.19	4,088.07	2,982.46

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	980.64	1,219.71	1,192.35
Profit After Tax	121.94	204.15	242.23
Net Worth	1,844.21	1,798.63	1,644.31

Stock price at BSE

Stock price at BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Dec-2020	131.00	117.55	124.65
Nov-2020	137.50	107.25	124.69
Oct-2020	117.45	87.05	103.04

Stock price at NSE

Stock price at NSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Jan-2021	10758.00	9386.00	10207.92
Dec-2020	10190.00	8700.00	9651.52
Nov-2020	9900.00	8500.00	9115.15

Compare with others

Bharat Rasayan Limited	Indian Toners & Developers Limited
Insecticides India Buyback	NIIT Buyback
Gujarat Apollo Industries Buyback	Suprajit Engineering Buyback
Savita Oil Buyback	Bharat Rasayan Buyback
NIIT Buyback	Jagran Prakashan Buyback
Suprajit Engineering Buyback	Nava Bharat Ventures Buyback
Jagran Prakashan Buyback	Gail India Buyback
Nava Bharat Ventures Buyback	NALCO Buyback
Indian Toners & Developers Buyback	Neelamalai Agro Buyback
Gail India Buyback	VRL Logistics Buyback
NALCO Buyback	Anup Engineering Buyback

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