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ACC Limited Buyback vs Mindteck India Buyback

Comparision between ACC Limited Buyback and Mindteck India Buyback.

Buyback Details

ACC Limited Buyback is a Open Market Through Stock Exchange buyback proposed to list at BSE, NSE while Mindteck India Buyback is a Open Market Through Stock Exchange proposed to list at BSE, NSE.

  ACC Limited Mindteck (India) Limited
Logo ACC Limited Buyback Logo Mindteck India Buyback Logo
Type of Buyback Open Market Through Stock Exchange Open Market Through Stock Exchange
Listing At BSE, NSE BSE, NSE
Face Value ₹10 per share ₹10 per share
Buyback Price ₹2300 per share ₹180 per share
Issue Size
Issue Size (Amount) ₹11,259.98 Crores ₹13.70 Crores
Buyback Ratio
Registrar Link Intime India Private Ltd Universal Capital Securities Pvt. Ltd
Lead Managers ICICI Securities Limited

Deutsche Equities India Private Limited
Vivro Financial Services Private Limited
Necessity of the buyback

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. Additionally, the Company believes that the Buy-back will improve earnings per share by reduction in the equity base, thereby leading to long-term increase in the value of shareholders.

Buyback Timetable

ACC Limited Buyback and Mindteck India Buyback buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. ACC Limited Buyback Buyback record date is . Mindteck India Buyback Buyback record date is .

  ACC Limited Mindteck (India) Limited
Record Date
Offer Open Date Aug 26, 2022 Aug 24, 2022
Offer Closure Date Sep 09, 2022 Jan 30, 2023
Last date for receipt of tender forms
Finalisation of buyback
Last Date for settlment of bids
Last Date for extinguishment of shares

Financial Details and Other Relevent Information

Comparison of ACC Limited Buyback and Mindteck India Buyback financial data. The table below also includes a list of all relevant information like Stock Market Data, Compay Information, Lead Manager and Registrar.

  ACC Limited Mindteck (India) Limited
Financial
ACC Limited Financial Information (Restated)
Period EndedTotal RevenueNet Worth
31-Dec-1915975.9811546.93
31-Dec-2014002.7212702.37
31-Dec-2116358.3814312.18
Amount in ₹ Crore
Mindteck (India) Limited Financial Information (Restated)
Period EndedTotal RevenueProfit After TaxNet Worth
31-Mar-20277.88-64.8129.63
31-Mar-21291.2710.86139.85
31-Mar-22303.8533.31175.5
Amount in ₹ Crore
Stock price at BSE

Stock price at BSE (in preceding 3 months)

Month High Price Low Price Average Price
Jul-2022 146.20 101.55 120.92
Jun-2022 129.90 96.30 112.22
May-2022 156.25 111.25 135.18
Stock price at NSE

Stock price at NSE (in preceding 3 months)

Month High Price Low Price Average Price
Jul-2022 145.60 101.25 120.80
Jun-2022 128.70 95.50 112.20
May-2022 156.00 111.00 134.99

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