Ajanta Pharma Buyback vs Mayur Uniquoters Buyback

Comparison between Ajanta Pharma Buyback and Mayur Uniquoters Buyback.

Buyback Details

Ajanta Pharma Buyback is a Tender Offer buyback proposed to list at BSE, NSE while Mayur Uniquoters Buyback is a Tender Offer proposed to list at BSE, NSE.

 Ajanta Pharma Ltd.Mayur Uniquoters Ltd.
LogoAjanta Pharma Buyback LogoMayur Uniquoters Buyback Logo
Type of BuybackTender OfferTender Offer
Listing AtBSE, NSEBSE, NSE
Face Value₹2 per share₹5 per share
Buyback Price₹2550 per share₹650 per share
Issue Size11,20,000 shares6,25,000 shares
Issue Size (Amount)₹285.60 Crores₹40.63 Crores
Buyback Ratio
Category Entitlement Ratio of Buyback
Reserved Category for Small Shareholders 30 Equity Shares out of every 151 shares held on the record date.
General Category for all other Eligible Shareholders 1 Equity Shares out of every 91 shares held on the record date.
Category Entitlement Ratio of Buyback
Reserved Category for Small Shareholders 1 Equity Share out of every 29 Fully paid-up Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders 1 Equity Share out of every 79 Fully paid-up Equity Shares held on the Record Date.
RegistrarMUFG Intime India Pvt.Ltd.Beetal Financial & Computer Services Pvt.Ltd.
Lead ManagersVivro Financial Services Pvt.Ltd.Chartered Capital & Investment Ltd.
Necessity of the buyback

The Buyback aims to :
i) Distribute surplus funds to shareholders and thereby enhance their overall return.
ii) Improve financial ratios like Earnings per share (EPS), Return on assets (ROA) and Return on Equity (ROE).

The Buyback aims to :
i) Return surplus cash to its Shareholders.
ii) Reduce the outstanding number of equity shares and consequently increase earnings per share and book value per share.
iii) Improve key return ratios like return on equity capital.

Buyback Timetable

Ajanta Pharma Buyback and Mayur Uniquoters Buyback buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. Ajanta Pharma Buyback Buyback record date is Jan 14, 2022. Mayur Uniquoters Buyback Buyback record date is Feb 23, 2022.

 Ajanta Pharma Ltd.Mayur Uniquoters Ltd.
Record DateJan 14, 2022Feb 23, 2022
Offer Open DateFeb 03, 2022Mar 24, 2022
Offer Closure DateFeb 16, 2022Apr 06, 2022
Last date for receipt of tender formsFeb 16, 2022Apr 06, 2022
Finalisation of buybackFeb 24, 2022Apr 18, 2022
Last Date for settlment of bidsFeb 25, 2022Apr 19, 2022
Last Date for extinguishment of sharesMar 04, 2022Apr 26, 2022

Financial Details and Other Relevent Information

Comparison of Ajanta Pharma Buyback and Mayur Uniquoters Buyback financial data. The table below also includes a list of all relevant information like Stock Market Data, Compay Information, Lead Manager and Registrar.

 Ajanta Pharma Ltd.Mayur Uniquoters Ltd.
Financial
Summary of financial Information Consolidated)
Particulars For the year/period ended (Rs. in Crores)
  30-Sep-21 31-Mar-21 31-Mar-20
Total Income 1,694.96 2,915.67 2,680.06
Profit After Tax 369.69 653.87 467.70
Net Worth 3,358.90 2,995.63 2,598.87
Reserves and Surplus 3,341.51 2,978.24 2,581.33
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 5,203.93 5,355.43 5,948.99
Profit After Tax 890.38 806.43 871.67
Net Worth 6,354.16 5,871.61 5,229.53
Reserves and Surplus 6,131.27 5,644.97 5,002.90
Stock price at BSE

Stock price at BSE (in preceding 3 months)

Month High Price Low Price Average Price
Nov-2021 2239.10 2015.80 2136.74
Oct-2021 2366.30 2053.65 2213.24
Sep-2021 2340.00 2112.70 2199.31

Stock price at BSE (in preceding 3 months)

Month High Price Low Price Average Price
Jan-2022 558.00 462.00 519.77
Dec-2021 635.00 464.30 553.01
Nov-2021 511.00 425.00 460.96
Stock price at NSE

Stock price at NSE (in preceding 3 months)

Month High Price Low Price Average Price
Nov-2021 2239.10 2000.00 2137.44
Oct-2021 2365.80 2053.65 2213.37
Sep-2021 2330.00 2110.00 2201.05

Stock price at NSE (in preceding 3 months)

Month High Price Low Price Average Price
Jan-2022 557.60 462.35 520.32
Dec-2021 626.90 464.05 552.77
Nov-2021 509.00 424.05 461.54

Compare with others

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Ajanta Pharma Buyback and Mayur Uniquoters Buyback