Insecticides (India) Buyback 2024 vs Nava Limited Buyback 2025

Comparison between Insecticides (India) Buyback 2024 and Nava Limited Buyback 2025.

Buyback Details

Insecticides (India) Buyback 2024 is a Tender Offer buyback proposed to list at BSE, NSE while Nava Limited Buyback 2025 is a Tender Offer proposed to list at BSE, NSE.

 Insecticides (india) Ltd.Nava Ltd.
LogoInsecticides (India) Buyback 2024 LogoNava Limited Buyback 2025 Logo
Type of BuybackTender OfferTender Offer
Listing AtBSE, NSEBSE, NSE
Face Value₹10 per share₹1 per share
Buyback Price₹1000 per share₹500 per share
Issue Size5,00,000 shares72,00,000 shares
Issue Size (Amount)₹50.00 Crores₹360.00 Crores
Buyback Ratio
CategoryEntitlement Ratio of BuybackShares Offered
Reserved Category for Small Shareholders7 Equity Shares out of every 81 Fully paid-up Equity Shares held on the Record Date.75,000
General Category for all other Eligible Shareholders5 Equity Shares out of every 338 Fully paid-up Equity Shares held on the Record Date.4,25,000
CategoryEntitlement Ratio of BuybackShares Offered
Reserved Category for Small Shareholders17 Equity Shares out of every 83 Fully paid-up Equity Shares held on the Record Date.10,80,000
General Category for all other Eligible Shareholders8 Equity Shares out of every 187 Fully paid-up Equity Shares held on the Record Date.61,20,000
RegistrarAlankit Assignments Ltd.Kfin Technologies Ltd.
Lead ManagersSundae Capital Advisors Pvt.Ltd.Anand Rathi Advisors Ltd.
Necessity of the buyback

The Buyback is being undertaken for the following reasons:

  1. The Buyback will help the Company to return surplus cash to its shareholders holding Equity Shares broadly in proportion to their shareholding.
  2. The buyback consists of a reservation for the small shareholder. The company believes that this reservation for small shareholders would benefit many public shareholders who would be classified as "small shareholders".
  3. The buyback may help in improving financial ratios like return on equity, by reduction in the equity base, thereby leading to a long-term increase in shareholders' value.
  4. The Buyback gives an option to the shareholders holding Equity Shares of the Company, who can choose to participate and get cash in lieu of Equity Shares or they may choose not to participate and enjoy a resultant increase in their percentage shareholding, post the Buyback offer.

The Buyback is being undertaken for the following reasons:

  1. The Buyback will help the Company to return surplus cash to its shareholders holding Equity Shares broadly in proportion to their shareholding.
  2. The buyback consists of a reservation for the small shareholder. The company believes that this reservation for small shareholders would benefit many public shareholders who would be classified as "small shareholders".
  3. The buyback may help in improving financial ratios like return on equity, by reduction in the equity base, thereby leading to a long-term increase in shareholders' value.
  4. The Buyback gives an option to the shareholders holding Equity Shares of the Company, who can choose to participate and get cash in lieu of Equity Shares or they may choose not to participate and enjoy a resultant increase in their percentage shareholding, post the Buyback offer.

Buyback Timetable

Insecticides (India) Buyback 2024 and Nava Limited Buyback 2025 buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. Insecticides (India) Buyback 2024 Buyback record date is Sep 11, 2024. Nava Limited Buyback 2025 Buyback record date is Feb 28, 2025.

 Insecticides (india) Ltd.Nava Ltd.
Record DateSep 11, 2024Feb 28, 2025
Offer Open DateSep 17, 2024Mar 06, 2025
Offer Closure DateSep 24, 2024Mar 12, 2025
Last date for receipt of tender formsSep 24, 2024Mar 12, 2025
Finalisation of buybackSep 27, 2024Mar 19, 2025
Last Date for settlment of bidsOct 01, 2024Mar 19, 2025
Last Date for extinguishment of sharesOct 11, 2024Apr 01, 2025

Financial Details and Other Relevent Information

Comparison of Insecticides (India) Buyback 2024 and Nava Limited Buyback 2025 financial data. The table below also includes a list of all relevant information like Stock Market Data, Compay Information, Lead Manager and Registrar.

 Insecticides (india) Ltd.Nava Ltd.
Financial

Insecticides (india) Ltd. Financial Information (Restated Standalone)

Insecticides (india) Ltd.'s revenue increased by 10% and profit after tax (PAT) rose by 63% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended31 Mar 202431 Mar 2023
Assets1,709.761,693.68
Revenue1,975.891,802.59
Profit After Tax102.6362.99
Amount in ₹ Crore

Nava Limited Financial Information (Restated Consolidated)

Period Ended31 Mar 202431 Mar 2023
Assets9,698.111,159.98
Revenue3,955.033,928
Profit After Tax1,255.321,220.17
Amount in ₹ Crore
Stock price at BSE

Stock price at BSE (in preceding 3 months)

Month High Price Low Price Average Price
Aug-2024 1084.65 742.60 924.36
Jul-2024 828.90 672.85 756.72
Jun-2024 737.00 475.50 672.02

Stock price at BSE (in preceding 3 months)

Month High Price Low Price Average Price
Jan-2025 1016.40 823.60 917.55
Dec-2024 1069.95 962.70 1014.40
Nov-2024 1130.00 877.35 975.56
Stock price at NSE

Stock price at NSE (in preceding 3 months)

Month High Price Low Price Average Price
Aug-2024 1084.25 737.95 928.69
Jul-2024 832.60 673.05 753.30
Jun-2024 737.85 476.00 659.46

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