Jenburkt Pharmaceuticals Buyback vs Tips Industries Buyback 2022

Comparision between Jenburkt Pharmaceuticals Buyback and Tips Industries Buyback 2022.

Buyback Details

Jenburkt Pharmaceuticals Buyback is a Open Market Through Stock Exchange buyback proposed to list at BSE while Tips Industries Buyback 2022 is a Tender Offer proposed to list at BSE, NSE.

Jenburkt Pharmaceuticals Ltd

Tips Industries Limited

Logo

Type of Buyback

Open Market Through Stock Exchange

Tender Offer

Listing At

BSE

BSE, NSE

Face Value

₹10 per share

Buyback Price

₹702 per share

₹2600 per share

Issue Size

1,26,000 shares

Issue Size (Amount)

₹11.60 Crores

₹32.76 Crores

Buyback Ratio

Category	Entitlement Ratio of Buyback	Shares Offered
Reserved Category for Small Shareholders	37 Equity Shares out of every 762 Fully paid-up Equity Shares held on the Record Date.	18,900.00
General Category for all other Eligible Shareholders	2 Equity Shares out of every 235 Fully paid-up Equity Shares held on the Record Date.	107,100.00

Registrar

Bigshare Services Pvt Ltd

Link Intime India Private Ltd

Lead Managers

Dam Capital Advisors Ltd (Formerly Idfc Securities Ltd)

Inga Ventures Pvt Ltd

Necessity of the buyback

The buyback is being undertaken for the following reason:

The company is expected to achieve the objective of returning surplus funds to the shareholders, improving return on equity through distribution of surplus funds, improving earnings per share by reduction in equity base and increasing shareholders' value in the long term by improving key return ratios.

The Buyback will lead to reduction in outstanding Equity Shares of the Company, improvement in 'earnings per share' and enhanced return on equity.

The Buyback is being undertaken for the following reasons:

The Buyback will help the Company to return surplus cash to its shareholders holding Equity Shares.
The Buyback is generally expected to improve return on equity through distribution of cash and improve earnings per share by reduction in the equity base, thereby leading to long term increase in shareholders' value.

Buyback Timetable

Jenburkt Pharmaceuticals Buyback and Tips Industries Buyback 2022 buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. Jenburkt Pharmaceuticals Buyback Buyback record date is . Tips Industries Buyback 2022 Buyback record date is Dec 30, 2022.

	Jenburkt Pharmaceuticals Ltd	Tips Industries Limited
Record Date		Dec 30, 2022
Offer Open Date	Dec 14, 2022	Jan 27, 2023
Offer Closure Date	Mar 24, 2023	Feb 09, 2023
Last date for receipt of tender forms		Feb 09, 2023
Finalisation of buyback		Feb 17, 2023
Last Date for settlment of bids		Feb 20, 2023
Last Date for extinguishment of shares		Feb 27, 2023

Financial Details and Other Relevent Information

Comparison of Jenburkt Pharmaceuticals Buyback and Tips Industries Buyback 2022 financial data. The table below also includes a list of all relevant information like Stock Market Data, Compay Information, Lead Manager and Registrar.

Jenburkt Pharmaceuticals Ltd

Tips Industries Limited

Financial

Jenburkt Pharmaceuticals Ltd Financial Information (Restated)
Period Ended	Total Revenue	Profit After Tax	Net Worth	Total Borrowing
31-Mar-20	123.11	14.87	82.34	5.18
31-Mar-21	113.6	16.5	98.85	5.07
31-Mar-22	128.93	22.3	116.46	6.76
Amount in ₹ Crore

Tips Industries Limited Financial Information (Consolidated)
Period Ended	Total Revenue	Profit After Tax	Net Worth
31-Mar-20	108.82	11.34	80.11
31-Mar-21	95.42	43.47	100.91
31-Mar-22	138.8	64.56	102.61
30-Sep-22	85.96	38	137.57
Amount in ₹ Crore

Stock price at BSE

Stock price at BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Nov-2022	645.15	572.00	590.12
Oct-2022	577.25	548.65	563.91
Sep-2022	605.95	535.70	581.48

Stock price at BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Nov-2022	1923.90	1725.00	1837.57
Oct-2022	1850.00	1456.15	1598.71
Sep-2022	1740.00	1470.00	1591.33

Stock price at NSE

Stock price at NSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Nov-2022	1910.00	1700.00	1837.56
Oct-2022	1850.00	1458.45	1601.22
Sep-2022	1724.95	1465.00	1592.46

Compare with others

Jenburkt Pharmaceuticals Ltd	Tips Industries Limited
One 97 Communications Buyback	Freshtrop Fruits Buyback 2022
KAMA Holdings Buyback	Cosmo First Buyback
Bajaj Consumer Care Buyback	Jenburkt Pharmaceuticals Buyback
Freshtrop Fruits Buyback 2022	Indian Energy Exchange Buyback
Cosmo First Buyback	Softsol India Buyback 2022
Indian Energy Exchange Buyback	eClerx Services Buyback 2022
Softsol India Buyback 2022	Technocraft Industries Buyback 2022
Tips Industries Buyback 2022	Triveni Engineering Buyback 2022
eClerx Services Buyback 2022	Balrampur Chini Buyback 2022
Technocraft Industries Buyback 2022	Windlas Biotech Buyback 2022

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