Mahalaxmi Rubtech Buyback vs Nucleus Software Buyback

Comparision between Mahalaxmi Rubtech Buyback and Nucleus Software Buyback.

Buyback Details

Mahalaxmi Rubtech Buyback is a Tender Offer buyback proposed to list at BSE while Nucleus Software Buyback is a Tender Offer proposed to list at BSE, NSE.

Mahalaxmi Rubtech Limited

Nucleus Software Exports Ltd.

Logo

Type of Buyback

Tender Offer

Listing At

BSE

BSE, NSE

Face Value

₹10 per share

Buyback Price

₹70 per share

₹700 per share

Issue Size

27,00,000 shares

22,67,400 shares

Issue Size (Amount)

₹18.90 Crores

₹158.72 Crores

Buyback Ratio

Category	Entitlement Ratio of Buyback
Reserved Category for Small Shareholders	25 Equity shares out of every 73 fully paid up Equity shares held on the Record date.
General Category for all other Eligible Shareholders	14 Equity shares out of every 71 fully paid up Equity shares held on the Record date.

Category	Entitlement Ratio of Buyback
Reserved Category for Small Shareholders	19 Equity shares out of every 123 fully paid up Equity shares held on the Record date.
General Category for all other Eligible Shareholders	27 Equity shares out of every 376 fully paid up Equity shares held on the Record date.

Registrar

Cameo Corporate Services Limited

Kfin Technologies Limited

Lead Managers

Saffron Capital Advisors Private Limited

Corporate Professionals Capital Private Ltd

Necessity of the buyback

The Buyback aims to :
ii) Give an option to shareholders to get cash in lieu of Equity Shares to be accepted under the Buyback or choose not to participate and enjoy a resultant increase in their percentage shareholding without additional investment.
iii) The Buyback will help in improving certain key financial ratios of the Company.

The Buyback aims to:
i) Distribute surplus funds to shareholders and thereby enhance their overall return.
ii) Improve financial ratios like earnings per share, return on capital employed, and return on equity, by reducing the equity base of the Company.

Buyback Timetable

Mahalaxmi Rubtech Buyback and Nucleus Software Buyback buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. Mahalaxmi Rubtech Buyback Buyback record date is Aug 27, 2021. Nucleus Software Buyback Buyback record date is Nov 27, 2021.

	Mahalaxmi Rubtech Limited	Nucleus Software Exports Ltd.
Record Date	Aug 27, 2021	Nov 27, 2021
Offer Open Date	Sep 29, 2021	Jan 03, 2022
Offer Closure Date	Oct 12, 2021	Jan 14, 2022
Last date for receipt of tender forms	Oct 15, 2021	Jan 14, 2022
Finalisation of buyback	Oct 22, 2021	Jan 20, 2022
Last Date for settlment of bids	Oct 25, 2021	Jan 25, 2022
Last Date for extinguishment of shares	Nov 01, 2021	Feb 01, 2022

Financial Details and Other Relevent Information

Comparison of Mahalaxmi Rubtech Buyback and Nucleus Software Buyback financial data. The table below also includes a list of all relevant information like Stock Market Data, Compay Information, Lead Manager and Registrar.

Mahalaxmi Rubtech Limited

Nucleus Software Exports 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	1,393.76	1,811.11	1,866.50
Profit After Tax	61.00	48.16	49.31
Net Worth	940.32	880.91	830.48
Reserves and Surplus	807.12	747.71	697.28

Summary of financial Information (Standalone)
Particulars	For the year/period ended (Rs. in Millions)
	30-Sep-21	31-March-21	31-March-20	31-March-19
Total Income	2,179.6	4,909.9	5,079.5	4,370.5
Profit After Tax	145.6	1,120.4	1,022.2	756.3
Net Worth	6,394.2	6,469.4	5,418.6	4,701.3
Reserves & Surplus	6,103.8	6,179.0	5,128.2	4,410.9

Stock price at BSE

Stock price at BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Jul-2021	68.75	47.90	58.33
Jun-2021	51.35	48.25	49.80
May-2021	51.10	37.60	44.35

Stock price at BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Oct-2021	611.35	574.05	586.15
Sep-2021	623.00	514.20	583.20
Aug-2021	698.05	514.05	594.63

Stock price at NSE

Stock price at NSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Oct-2021	611.75	574.40	587.17
Sep-2021	623.35	514.15	587.67
Aug-2021	699.00	513.65	599.21

Compare with others

Mahalaxmi Rubtech Limited	Nucleus Software Exports Ltd.
S H Kelkar Buyback	Weizmann Buyback
Nucleus Software Buyback	MOIL Buyback
Goldiam International Buyback	MPS Buyback
eClerx Services Limited Buyback	AksharChem India Buyback
Rishiroop Limited Buyback	S H Kelkar Buyback
Star Cement Buyback	Goldiam International Buyback
Gandhi Special Tubes Limited Buyback	eClerx Services Limited Buyback
Shriram Pistons & Rings Buyback	Rishiroop Limited Buyback
Rsystems Buyback	Mahalaxmi Rubtech Buyback
Kaveri Seed Buyback	Star Cement Buyback

Comments

Add a public comment...