Dhanuka Agritech Buyback vs Kaveri Seed Buyback 2022

Comparision between Dhanuka Agritech Buyback and Kaveri Seed Buyback 2022.

Buyback Details

Dhanuka Agritech Buyback is a Tender Offer buyback proposed to list at BSE, NSE while Kaveri Seed Buyback 2022 is a Open Market Through Stock Exchange proposed to list at BSE, NSE.

Dhanuka Agritech Limited

Kaveri Seed Company Ltd

Logo

Type of Buyback

Tender Offer

Open Market Through Stock Exchange

Listing At

BSE, NSE

Face Value

₹2 per share

Buyback Price

₹850 per share

₹700 per share

Issue Size

10,00,000 shares

Issue Size (Amount)

₹85.00 Crores

₹125.65 Crores

Buyback Ratio

Category	Entitlement Ratio of Buyback
Reserved Category for Small Shareholders	4 Equity Share out of every 33 Fully paid-up Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders	3 Equity Shares out of every 160 Fully paid-up Equity Shares held on the Record Date.

Registrar

Bigshare Services Pvt Ltd

Lead Managers

Sundae Capital Advisors

Bajaj Capital Limited

Necessity of the buyback

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 broadly in proportion to their shareholding, thereby, enhancing the overall return to shareholders.
The Buyback may help in improving return on equity, by the reduction in the equity base, thereby leading to a long-term increase in shareholders' value.

The buyback is being undertaken for the following reason:

1. The Buy-back is being undertaken by the Company to return surplus funds to the equity shareholders of the Company.

2. The Company believes that the Buy-back will improve return on equity, by reducing in equity base, thereby leading to a long-term increase in the value of shareholders.

Buyback Timetable

Dhanuka Agritech Buyback and Kaveri Seed Buyback 2022 buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. Dhanuka Agritech Buyback Buyback record date is Nov 18, 2022. Kaveri Seed Buyback 2022 Buyback record date is .

	Dhanuka Agritech Limited	Kaveri Seed Company Ltd
Record Date	Nov 18, 2022
Offer Open Date	Dec 26, 2022	Nov 07, 2022
Offer Closure Date	Jan 06, 2023	Dec 27, 2022
Last date for receipt of tender forms	Jan 09, 2023
Finalisation of buyback	Jan 16, 2023
Last Date for settlment of bids	Jan 17, 2023
Last Date for extinguishment of shares	Jan 24, 2023

Financial Details and Other Relevent Information

Comparison of Dhanuka Agritech Buyback and Kaveri Seed 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.

Dhanuka Agritech Limited

Kaveri Seed Company Ltd

Financial

Dhanuka Agritech Limited Financial Information (Restated)
Period Ended	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus
31-Mar-20	1145.16	141.35	707.58	698.07
31-Mar-21	1421.17	210.56	796.19	786.87
31-Mar-22	1511.36	208.89	960.42	951.1
Amount in ₹ Crore

Kaveri Seed Company Ltd Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus
31-Mar-21	1961.86	1082.05	311.21	1294.28	1282.62
31-Mar-22	1880.05	1011.26	212.8	1262.07	1250.01
Amount in ₹ Crore

Stock price at BSE

Stock price at BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Oct-2022	748.00	645.55	703.00
Sep-2022	748.90	630.65	708.70
Aug-2022	725.95	680.80	700.89

Stock price at BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Sep-2022	498.00	422.55	456.33
Aug-2022	496.95	454.50	474.15
Jul-2022	514.65	477.50	496.27

Stock price at NSE

Stock price at NSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Oct-2022	742.00	645.60	705.47
Sep-2022	750.00	631.20	704.47
Aug-2022	726.00	680.00	703.80

Stock price at NSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Sep-2022	483.95	422.85	457.71
Aug-2022	497.35	454.55	473.36
Jul-2022	514.95	477.65	495.33

Compare with others

Dhanuka Agritech Limited	Kaveri Seed Company Ltd
Balrampur Chini Buyback 2022	Windlas Biotech Buyback 2022
Windlas Biotech Buyback 2022	Orbit Exports Buyback
Orbit Exports Buyback	Jagran Prakashan Buyback 2022
Jagran Prakashan Buyback 2022	Triveni Turbine Buyback
Triveni Turbine Buyback	Dhanuka Agritech Buyback
Kaveri Seed Buyback 2022	Garware Technical Fibres Buyback
Garware Technical Fibres Buyback	International Conveyors Buyback
International Conveyors Buyback	Infosys Buyback 2022
Infosys Buyback 2022	SP Apparels Buyback
SP Apparels Buyback	Shyam Century Ferrous Buyback

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