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Kaveri Seed Buyback vs Navneet Education Buyback

Comparision between Kaveri Seed Buyback and Navneet Education Buyback.

Buyback Details

Kaveri Seed Buyback is a Open Market Through Stock Exchange buyback proposed to list at BSE, NSE while Navneet Education Buyback is a Open Market Through Stock Exchange proposed to list at BSE, NSE.

  Kaveri Seed Company Limited Navneet Education Limited
Logo Kaveri Seed Buyback Logo Navneet Education Buyback Logo
Type of Buyback Open Market Through Stock Exchange Open Market Through Stock Exchange
Listing At BSE, NSE BSE, NSE
Face Value ₹2 per share ₹2 per share
Buyback Price ₹850 per share ₹100 per share
Issue Size
Issue Size (Amount) ₹120.00 Crores ₹50.00 Crores
Buyback Ratio
Registrar Bigshare Services Pvt Ltd Link Intime India Private Ltd
Lead Managers Bajaj Capital Limited Inga Ventures Pvt Ltd
Necessity of the buyback

The Buyback aims to :
i) Help the company return surplus cash to its shareholders holding Equity.
ii) Improve return on equity, by reduction in the equity base, thereby leading to long term increase in shareholders’ value.
iii) Give an option to the shareholders holding Equity Shares of the Company, who can choose to participate and get cash in lieu of Equity Shares to be accepted under the Buyback offer or they may choose not to participate and enjoy a resultant increase in their percentage shareholding, post the Buyback offer, without additional investment.

The Buyback aims to :
i) Return surplus cash to the shareholders and enhance overall return to the shareholders.
ii) Improve Return on Equity and Earnings per share and thereby enhance shareholder value in the long term.

Buyback Timetable

Kaveri Seed Buyback and Navneet Education Buyback buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. Kaveri Seed Buyback Buyback record date is . Navneet Education Buyback Buyback record date is .

  Kaveri Seed Company Limited Navneet Education Limited
Record Date
Offer Open Date Sep 02, 2021 Jun 07, 2021
Offer Closure Date Mar 01, 2022 Dec 06, 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 Kaveri Seed Buyback and Navneet Education Buyback financial data. The table below also includes a list of all relevant information like Stock Market Data, Compay Information, Lead Manager and Registrar.

  Kaveri Seed Company Limited Navneet Education Limited
Financial
Summary of financial Information (standalone)
Particulars For the year/period ended (Rs. in Crores)
31-Mar-21 31-Mar-20 31-Mar-19
Total Income 1,034.99 929.81 811.85
Profit After Tax 305.31 251.26 214.72
Net Worth 1,262.07 981.85 1,012.95
Reserves and Surplus 1,250.00 969.78 1,000.33
Summary of financial Information (consolidated)
Particulars For the year/period ended (Rs. in Millions)
31-Mar-21 31-Mar-20 31-Mar-19
Total Income 8,482.20 15,344.70 1,4619.30
Profit After Tax 559.10 1,972.40 1,528.20
Net Worth 9,343.90 8,784.70 7,916.00
Stock price at BSE

Stock price at BSE (in preceding 3 months)

Month High Price Low Price Average Price
Jul-2021 787.85 680.15 733.67
Jun-2021 747.15 639.00 712.07
May-2021 815.85 592.00 727.75

Stock price at BSE (in preceding 3 months)

Month High Price Low Price Average Price
Apr-2021 85.10 72.85 77.53
Mar-2021 95.10 79.50 85.15
Feb-2021 91.80 80.00 84.09
Stock price at NSE

Stock price at NSE (in preceding 3 months)

Month High Price Low Price Average Price
Jul-2021 781.90 680.65 736.85
Jun-2021 747.95 675.00 711.16
May-2021 816.65 595.25 732.60

Stock price at NSE (in preceding 3 months)

Month High Price Low Price Average Price
Apr-2021 85.20 73.25 77.47
Mar-2021 95.20 79.45 85.16
Feb-2021 91.00 80.35 84.10

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