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Indian Toners & Developers Buyback vs Suprajit Engineering Buyback

Comparison between Indian Toners & Developers Buyback and Suprajit Engineering Buyback.

Buyback Details

Indian Toners & Developers Buyback is a Tender Offer buyback proposed to list at BSE while Suprajit Engineering Buyback is a Tender Offer proposed to list at BSE, NSE.

 Indian Toners & Developers Ltd.Suprajit Engineering Ltd.
LogoIndian Toners & Developers Buyback LogoSuprajit Engineering Buyback Logo
Type of BuybackTender OfferTender Offer
Listing AtBSEBSE, NSE
Face Value₹10 per share₹1 per share
Buyback Price₹160 per share₹320 per share
Issue Size23,11,610 shares15,00,000 shares
Issue Size (Amount)₹36.99 Crores₹48.00 Crores
Buyback Ratio
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.
Category Entitlement Ratio of Buyback
Reserved Category for Small Shareholders 3 Equity Shares out of every 82 fully paid-up Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders 4 Equity Shares out of every 441 fully paid-up Equity Shares held on the Record Date.
RegistrarAlankit Assignments Ltd.Integrated Registry Management Services Pvt.Ltd.
Lead ManagersCorporate Professionals Capital Pvt.Ltd.Capital Square Advisors Pvt.Ltd.
Necessity of the buyback

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.

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.

Buyback Timetable

Indian Toners & Developers Buyback and Suprajit Engineering Buyback buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. Indian Toners & Developers Buyback Buyback record date is Jan 15, 2021. Suprajit Engineering Buyback Buyback record date is Feb 22, 2021.

 Indian Toners & Developers Ltd.Suprajit Engineering Ltd.
Record DateJan 15, 2021Feb 22, 2021
Offer Open DateMar 04, 2021Apr 08, 2021
Offer Closure DateMar 18, 2021Apr 26, 2021
Last date for receipt of tender formsMar 22, 2021Apr 28, 2021
Finalisation of buybackMar 24, 2021May 04, 2021
Last Date for settlment of bidsMar 25, 2021May 05, 2021
Last Date for extinguishment of sharesApr 08, 2021May 12, 2021

Financial Details and Other Relevent Information

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

 Indian Toners & Developers Ltd.Suprajit Engineering 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 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
Summary of financial Information (consolidated)
Particulars For the year/period ended (Rs. in Millions)
31-Mar-20 31-Mar-19 31-Mar-18
Total Income 15,852.16 16,278.95 14,758.44
Profit After Tax 1,039.65 1337.94 1,384.83
Net Worth 8,537.68 7,750.73 6,549.00
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 BSE (in preceding 3 months)

Month High Price Low Price Average Price
Jan-2021 219.17 199.50 211.63
Dec-2020 203.45 190.30 198.22
Nov-2020 196.55 175.65 190.26
Stock price at NSE

Stock price at NSE (in preceding 3 months)

Month High Price Low Price Average Price
Jan-2021 219.60 199.60 211.60
Dec-2020 203.60 190.45 198.38
Nov-2020 196.90 175.90 190.31

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Compare:

Indian Toners & Developers Buyback and Suprajit Engineering Buyback