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Archidply Industries Buyback vs Jullundur Motor Agency Buyback

Comparision between Archidply Industries Buyback and Jullundur Motor Agency Buyback.

Buyback Details

Archidply Industries Buyback is a Tender Offer buyback proposed to list at BSE, NSE while Jullundur Motor Agency Buyback is a Tender Offer proposed to list at NSE.

  Archidply Industries Limited Jullundur Motor Agency (Delhi) Limited
Logo Archidply Industries Buyback Logo Jullundur Motor Agency Buyback Logo
Type of Buyback Tender Offer Tender Offer
Listing At BSE, NSE NSE
Face Value ₹10 per share ₹2 per share
Buyback Price ₹37 per share ₹36 per share
Issue Size 22,00,000 shares 74,50,000 shares
Issue Size (Amount) ₹8.14 Crores ₹26.82 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 38 Equity Shares out of every 93 Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders 386 Equity Shares out of every 945 Equity Shares held on the Record Date.
Registrar Skyline Financial Services Private Ltd Mas Services Limited
Lead Managers Fast Track Finsec Pvt Ltd Systematix Corporate Services Limited
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 to:
i) Return surplus cash to its equity shareholders that are
over and above its ordinary capital requirements and in excess of any current investment plans.
ii) Improve financial ratios like earnings per share (EPS) and return on equity (ROE) by reducing the equity base of the Company

Buyback Timetable

Archidply Industries Buyback and Jullundur Motor Agency 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. Jullundur Motor Agency Buyback Buyback record date is Dec 24, 2020.

  Archidply Industries Limited Jullundur Motor Agency (Delhi) Limited
Record Date Jan 19, 2021 Dec 24, 2020
Offer Open Date Feb 10, 2021 Jan 25, 2021
Offer Closure Date Feb 24, 2021 Feb 08, 2021
Last date for receipt of tender forms Feb 26, 2021 Feb 10, 2021
Finalisation of buyback Mar 04, 2021 Feb 15, 2021
Last Date for settlment of bids Mar 05, 2021 Feb 16, 2021
Last Date for extinguishment of shares Mar 13, 2021 Feb 23, 2021

Financial Details and Other Relevent Information

Comparison of Archidply Industries Buyback and Jullundur Motor Agency 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 Jullundur Motor Agency (Delhi) 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 3,095.67 3,322.27 3,260.04
Profit After Tax 127.04 134.41 119.90
Net Worth 1,576.10 1,455.59 1,380.40
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 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

Stock price at NSE (in preceding 3 months)

Month High Price Low Price Average Price
Nov-2020 33.25 25.70 29.65
Oct-2020 30.50 24.20 27.14
Sep-2020 32.80 24.40 27.79

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