NALCO Buyback vs Nava Bharat Ventures Buyback

Comparison between NALCO Buyback and Nava Bharat Ventures Buyback.

Buyback Details

NALCO Buyback is a Tender Offer 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.

 National Aluminium Company Ltd.Nava Bharat Ventures Ltd.
LogoNALCO Buyback LogoNava Bharat Ventures Buyback Logo
Type of BuybackTender OfferOpen Market Through Stock Exchange
Listing AtBSE, NSEBSE, NSE
Face Value₹5 per share₹2 per share
Buyback Price₹57.5 per share₹100 per share
Issue Size13,02,79,083 shares
Issue Size (Amount)₹749.10 Crores₹150.00 Crores
Buyback Ratio
Category Entitlement Ratio of Buyback
Reserved Category for Small Shareholders 23 Equity Shares out of every 195 Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders 37 Equity Shares out of every 568 Equity Shares held on the Record Date.
RegistrarKfin Technologies Ltd.Kfin Technologies Ltd.
Lead ManagersIDBI Capital Markets & Securities Ltd.Akasam Consulting Pvt.Ltd.
Necessity of the buyback

The Buy-back is being undertaken by the Company to:
i) Optimize the capital structure; and
ii) 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

NALCO 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. NALCO Buyback Buyback record date is Feb 08, 2021. Nava Bharat Ventures Buyback Buyback record date is .

 National Aluminium Company Ltd.Nava Bharat Ventures Ltd.
Record DateFeb 08, 2021
Offer Open DateFeb 25, 2021Mar 10, 2021
Offer Closure DateMar 10, 2021Sep 09, 2021
Last date for receipt of tender formsMar 12, 2021
Finalisation of buybackMar 16, 2021
Last Date for settlment of bidsMar 17, 2021
Last Date for extinguishment of sharesMar 19, 2021

Financial Details and Other Relevent Information

Comparison of NALCO 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.

 National Aluminium Company Ltd.Nava Bharat Ventures Ltd.
Financial
Summary of financial Information (Consolidated)
Particulars For the year/period ended (Rs in Crores)
31-Mar-20 31-Mar-19 31-Mar-18
Total Income 8,742.42 11,826.48 9,917.74
Profit After Tax 136.23 1,733.69 1,342.19
Net Worth 9,986.50 10,484.94 10,503.95
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
Dec-2020 45.00 37.40 42.04
Nov-2020 40.20 29.95 34.63
Oct-2020 33.30 29.15 30.80

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
Dec-2020 45.00 37.35 42.06
Nov-2020 40.20 29.95 34.63
Oct-2020 33.30 29.10 30.78

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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NALCO Buyback and Nava Bharat Ventures Buyback