Jagran Prakashan Buyback vs Nava Bharat Ventures Buyback

Comparison between Jagran Prakashan Buyback and Nava Bharat Ventures Buyback.

Buyback Details

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

 Jagran Prakashan Ltd.Nava Bharat Ventures Ltd.
LogoJagran Prakashan Buyback LogoNava Bharat Ventures Buyback Logo
Type of BuybackOpen Market Through Stock ExchangeOpen Market Through Stock Exchange
Listing AtBSE, NSEBSE, NSE
Face Value₹2 per share₹2 per share
Buyback Price₹60 per share₹100 per share
Issue Size
Issue Size (Amount)₹118.00 Crores₹150.00 Crores
Buyback Ratio
RegistrarKfin Technologies Ltd.Kfin Technologies Ltd.
Lead ManagersErnst & Young Merchant Banking Services LLPAkasam Consulting Pvt.Ltd.
Necessity of the buyback

The Buy-back is being undertaken by the Company to:
i) Optimize returns to shareholders;
ii) Enhance overall shareholders' value;
iii) To return surplus cash to its shareholders; and
iv) To improve return on equity, by reduction in the equity base;

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

Jagran Prakashan 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. Jagran Prakashan Buyback Buyback record date is . Nava Bharat Ventures Buyback Buyback record date is .

 Jagran Prakashan Ltd.Nava Bharat Ventures Ltd.
Record Date
Offer Open DateMar 08, 2021Mar 10, 2021
Offer Closure DateSep 07, 2021Sep 09, 2021
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 Jagran Prakashan 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.

 Jagran Prakashan Ltd.Nava Bharat Ventures Ltd.
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 17,898.73 19,650.07 19,247.38
Profit After Tax 2,622.83 2,199.12 2,660.13
Net Worth 13,717.20 13,399.97 15,213.14
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 60.30 39.90 46.90
Jan-2021 46.80 39.70 43.52
Dec-2020 46.95 39.05 42.93

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
Feb-2021 60.40 40.30 46.89
Jan-2021 46.70 39.15 43.54
Dec-2020 46.90 39.10 42.90

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

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Jagran Prakashan Buyback and Nava Bharat Ventures Buyback