Archidply Industries Buyback vs Industrial and Prudential Investment Buyback

Comparision between Archidply Industries Buyback and Industrial and Prudential Investment Buyback.

Buyback Details

Archidply Industries Buyback is a Tender Offer buyback proposed to list at BSE, NSE while Industrial and Prudential Investment Buyback is a Tender Offer proposed to list at BSE.

Archidply Industries Limited

Industrial and Prudential Investment Company Limited

Logo

Type of Buyback

Tender Offer

Listing At

BSE, NSE

BSE

Face Value

₹10 per share

Buyback Price

₹37 per share

₹1200 per share

Issue Size

22,00,000 shares

69,500 shares

Issue Size (Amount)

₹8.14 Crores

₹8.34 Crores

Buyback Ratio

Category	Entitlement Ratio of Buyback
Reserved Category for Small Shareholders	31 Equity Shares out of every 311 Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders	30 Equity Shares out of every 301 Equity Shares held on the Record Date.

Category	Entitlement Ratio of Buyback
Reserved Category for Small Shareholders	13 Equity Shares out of every 86 Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders	3 Equity Shares out of every 85 Equity Shares held on the Record Date.

Registrar

Skyline Financial Services Private Ltd

Link Intime India Private Ltd

Lead Managers

Fast Track Finsec Pvt Ltd

Inga Ventures Pvt Ltd

Necessity of the buyback

The Buyback is being undertaken by the Company to:
i) Return surplus funds to its equity shareholders.
ii) Achieve optimal capital structure, and
iii) To help improve financial ratios like earnings per share and return on equity.

The Buyback is undertaken by the Company after taking into account it's strategic and operational
cash needs to:
i) Return surplus funds to the equity shareholders.
ii) Service the Equity more efficiently.

Buyback Timetable

Archidply Industries Buyback and Industrial and Prudential Investment Buyback buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. Archidply Industries Buyback Buyback record date is Jan 19, 2021. Industrial and Prudential Investment Buyback Buyback record date is Jan 01, 2021.

	Archidply Industries Limited	Industrial and Prudential Investment Company Limited
Record Date	Jan 19, 2021	Jan 01, 2021
Offer Open Date	Feb 10, 2021	Feb 04, 2021
Offer Closure Date	Feb 24, 2021	Feb 17, 2021
Last date for receipt of tender forms	Feb 26, 2021	Feb 22, 2021
Finalisation of buyback	Mar 04, 2021	Feb 26, 2021
Last Date for settlment of bids	Mar 05, 2021	Mar 01, 2021
Last Date for extinguishment of shares	Mar 13, 2021	Mar 08, 2021

Financial Details and Other Relevent Information

Comparison of Archidply Industries Buyback and Industrial and Prudential Investment Buyback financial data. The table below also includes a list of all relevant information like Stock Market Data, Compay Information, Lead Manager and Registrar.

Archidply Industries Limited

Industrial and Prudential Investment Company 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	2,684.81	3,319.90	3,116.62
Profit After Tax	37.78	44.63	25.09
Net Worth	887.83	1,363.74	1,319.20

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	121.62	97.70	92.05
Profit After Tax	86.78	86.25	82.38
Net Worth	522.95	463.29	384.75

Stock price at BSE

Stock price at BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Dec-2020	35.05	26.60	29.30
Nov-2020	29.50	24.50	24.64
Oct-2020	26.90	21.00	24.87

Stock price at BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Nov-2020	1042.00	813.20	963.79
Oct-2020	900.00	811.00	844.77
Sep-2020	911.00	802.35	876.29

Stock price at NSE

Stock price at NSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Dec-2020	35.05	26.60	29.49
Nov-2020	29.50	25.05	26.86
Oct-2020	26.90	23.05	24.95

Compare with others

Archidply Industries Limited	Industrial and Prudential Investment Company Limited
Neelamalai Agro Buyback	VRL Logistics Buyback
VRL Logistics Buyback	Anup Engineering Buyback
Anup Engineering Buyback	Atul Buyback
Atul Buyback	Freshtrop Fruits Buyback
Freshtrop Fruits Buyback	Archidply Industries Buyback
Industrial and Prudential Investment Buyback	Jullundur Motor Agency Buyback
Jullundur Motor Agency Buyback	Engineers India Buyback
Engineers India Buyback	IIFL Securities Buyback
IIFL Securities Buyback	Rane Brake Buyback
Rane Brake Buyback	HPCL Buyback

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