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Bharat Rasayan Buyback vs Indian Toners & Developers Buyback

Comparison 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 Ltd.Indian Toners & Developers Ltd.
LogoBharat Rasayan Buyback LogoIndian Toners & Developers Buyback Logo
Type of BuybackTender OfferTender Offer
Listing AtNSEBSE
Face Value₹10 per share₹10 per share
Buyback Price₹11500 per share₹160 per share
Issue Size93,472 shares23,11,610 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.
RegistrarMUFG Intime India Pvt.Ltd.Alankit Assignments Ltd.
Lead ManagersCorporate Professionals Capital Pvt.Ltd.Corporate Professionals Capital Pvt.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 Ltd.Indian Toners & Developers Ltd.
Record DateMar 05, 2021Jan 15, 2021
Offer Open DateMar 26, 2021Mar 04, 2021
Offer Closure DateApr 12, 2021Mar 18, 2021
Last date for receipt of tender formsApr 14, 2021Mar 22, 2021
Finalisation of buybackApr 20, 2021Mar 24, 2021
Last Date for settlment of bidsApr 22, 2021Mar 25, 2021
Last Date for extinguishment of sharesApr 29, 2021Apr 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 Ltd.Indian Toners & Developers Ltd.
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

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Bharat Rasayan Ltd.Indian Toners & Developers Ltd.
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Compare:

Bharat Rasayan Buyback and Indian Toners & Developers Buyback