Bharat Rasayan Buyback vs Nava Bharat Ventures Buyback

Comparision between Bharat Rasayan Buyback and Nava Bharat Ventures Buyback.

Buyback Details

Bharat Rasayan Buyback is a Tender Offer buyback proposed to list at NSE while Nava Bharat Ventures Buyback is a Open Market Through Stock Exchange proposed to list at BSE, NSE.

Bharat Rasayan Limited

Nava Bharat Ventures Limited

Logo

Type of Buyback

Tender Offer

Open Market Through Stock Exchange

Listing At

NSE

BSE, NSE

Face Value

₹10 per share

₹2 per share

Buyback Price

₹11500 per share

₹100 per share

Issue Size

93,472 shares

Issue Size (Amount)

₹107.49 Crores

₹150.00 Crores

Buyback Ratio

Category	Entitlement Ratio of Buyback
Reserved Category for Small Shareholders	12 Equity Shares out of every 79 fully paid-up Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders	19 Equity Shares out of every 994 fully paid-up Equity Shares held on the Record Date.

Registrar

Link Intime India Private Ltd

Kfin Technologies Limited

Lead Managers

Corporate Professionals Capital Private Ltd

Akasam Consulting Private Limited

Necessity of the buyback

The Buy-back is being undertaken by the Company to:
i) To return surplus funds to the Equity Shareholders; and
ii) To help improve financial ratios like earnings per share and return on equity, by reducing the equity base of the Company.

The Buyback is undertaken by the Company to:
(i) Optimize returns to shareholders.
(ii) Enhance overall shareholder's value.
(iii) Return surplus cash to the shareholders.
(iv) To improve return on equity.

Buyback Timetable

Bharat Rasayan Buyback and Nava Bharat Ventures Buyback buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. Bharat Rasayan Buyback Buyback record date is Mar 05, 2021. Nava Bharat Ventures Buyback Buyback record date is .

	Bharat Rasayan Limited	Nava Bharat Ventures Limited
Record Date	Mar 05, 2021
Offer Open Date	Mar 26, 2021	Mar 10, 2021
Offer Closure Date	Apr 12, 2021	Sep 09, 2021
Last date for receipt of tender forms	Apr 14, 2021
Finalisation of buyback	Apr 20, 2021
Last Date for settlment of bids	Apr 22, 2021
Last Date for extinguishment of shares	Apr 29, 2021

Financial Details and Other Relevent Information

Comparison of Bharat Rasayan Buyback and Nava Bharat Ventures Buyback financial data. The table below also includes a list of all relevant information like Stock Market Data, Compay Information, Lead Manager and Registrar.

Bharat Rasayan Limited

Nava Bharat Ventures 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	12,318.70	9,946.87	8,130.16
Profit After Tax	1,576.42	1,115.24	983.14
Net Worth	5,641.19	4,088.07	2,982.46

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	11,322.08	14,377.77	13,551.17
Profit After Tax	1,310.11	1,661.89	1,615.58
Net Worth	29,677.11	29,255.77	27,869.75

Stock price at BSE

Stock price at BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Feb-2021	76.25	57.25	66.22
Jan-2021	64.71	57.10	61.99
Dec-2021	68.85	50.20	60.70

Stock price at NSE

Stock price at NSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Jan-2021	10758.00	9386.00	10207.92
Dec-2020	10190.00	8700.00	9651.52
Nov-2020	9900.00	8500.00	9115.15

Stock price at NSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Feb-2021	76.20	57.15	65.86
Jan-2021	64.75	57.20	62.03
Dec-2021	68.45	50.20	60.87

Compare with others

Bharat Rasayan Limited	Nava Bharat Ventures Limited
Insecticides India Buyback	Savita Oil Buyback
Gujarat Apollo Industries Buyback	NIIT Buyback
Savita Oil Buyback	Suprajit Engineering Buyback
NIIT Buyback	Bharat Rasayan Buyback
Suprajit Engineering Buyback	Jagran Prakashan Buyback
Jagran Prakashan Buyback	Indian Toners & Developers Buyback
Nava Bharat Ventures Buyback	Gail India Buyback
Indian Toners & Developers Buyback	NALCO Buyback
Gail India Buyback	Neelamalai Agro Buyback
NALCO Buyback	VRL Logistics Buyback

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