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Infobeans Technologies Buyback vs Welspun India Buyback

Comparison between Infobeans Technologies Buyback and Welspun India Buyback.

Buyback Details

Infobeans Technologies Buyback is a Tender Offer buyback proposed to list at NSE while Welspun India Buyback is a Tender Offer proposed to list at BSE, NSE.

 Infobeans Technologies Ltd.Welspun India Ltd.
LogoInfobeans Technologies Buyback LogoWelspun India Buyback Logo
Type of BuybackTender OfferTender Offer
Listing AtNSEBSE, NSE
Face Value₹10 per share₹1 per share
Buyback Price₹232 per share₹120 per share
Issue Size4,31,717 shares1,66,66,666 shares
Issue Size (Amount)₹10.02 Crores₹200.00 Crores
Buyback Ratio
Category Entitlement Ratio of Buyback
Reserved Category for Small Shareholders 2 Equity Shares out of every 19 Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders 1 Equity Share out of every 64 Equity Shares held on the Record Date.
Category Entitlement Ratio of Buyback
Reserved Category for Small Shareholders 43 Equity Shares out of every 469 fully paid-up Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders 1 Equity Shares out of every 69 fully paid-up Equity Shares held on the Record Date.
RegistrarMUFG Intime India Pvt.Ltd.MUFG Intime India Pvt.Ltd.
Lead ManagersSarthi Capital Advisors Pvt.Ltd.Dam Capital Advisors Ltd.
Necessity of the buyback

The Buyback aims to :
i) Distribute surplus cash to the shareholders and enhance overall return to the shareholders.
ii) Improve Return on Equity and thereby enhance shareholder value in the long term.

The Buyback aims to :
i) Return surplus cash to the shareholders and enhance overall return to the shareholders.
ii) Improve Return on Equity, Earnings per share, enhance return on invested capital, and thereby enhance shareholder value in the long term.

Buyback Timetable

Infobeans Technologies Buyback and Welspun India Buyback buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. Infobeans Technologies Buyback Buyback record date is May 07, 2021. Welspun India Buyback Buyback record date is May 26, 2021.

 Infobeans Technologies Ltd.Welspun India Ltd.
Record DateMay 07, 2021May 26, 2021
Offer Open DateJun 08, 2021Jun 22, 2021
Offer Closure DateJun 21, 2021Jul 05, 2021
Last date for receipt of tender formsJun 23, 2021Jul 07, 2021
Finalisation of buybackJun 29, 2021Jul 13, 2021
Last Date for settlment of bidsJun 30, 2021Jul 14, 2021
Last Date for extinguishment of sharesJul 07, 2021Jul 21, 2021

Financial Details and Other Relevent Information

Comparison of Infobeans Technologies Buyback and Welspun India Buyback financial data. The table below also includes a list of all relevant information like Stock Market Data, Compay Information, Lead Manager and Registrar.

 Infobeans Technologies Ltd.Welspun India Ltd.
Financial
Summary of financial Information (standalone)
Particulars For the year/period ended (Rs. in Millions)
31-Mar-21 31-Mar-20 31-Mar-19
Total Income 1,254.84 1,182.94 1,043.89
Profit After Tax 328.92 241.15 208.71
Net Worth 1,769.55 1,459.85 1,277.24
Reserves and Surplus 1,529.39 1,219.69 1,037.08
Summary of financial Information standalone)
Particulars For the year/period ended (Rs. in Millions)
31-Mar-21 31-Mar-20 31-Mar-19
Total Income 60,395.66 53,667.09 54,783.04
Profit After Tax 5,266.70 4,748.92 1,417.65
Net Worth 31,433.21 26,117.12 22,942.79
Stock price at BSE

Stock price at BSE (in preceding 3 months)

Month High Price Low Price Average Price
Apr-2021 87.90 75.55 80.30
Mar-2021 87.60 67.35 77.50
Feb-2021 74.90 65.70 68.60
Stock price at NSE

Stock price at NSE (in preceding 3 months)

Month High Price Low Price Average Price
Mar-2021 157.95 135.30 146.01
Feb-2021 164.45 136.00 144.99
Jan-2021 160.50 139.00 148.49

Stock price at NSE (in preceding 3 months)

Month High Price Low Price Average Price
Apr-2021 87.50 75.55 80.40
Mar-2021 87.60 67.40 77.60
Feb-2021 75.00 65.40 68.60

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Infobeans Technologies Buyback and Welspun India Buyback