Navneet Education Buyback vs Quick Heal Technologies Buyback

Comparison between Navneet Education Buyback and Quick Heal Technologies Buyback.

Buyback Details

Navneet Education Buyback is a Open Market Through Stock Exchange buyback proposed to list at BSE, NSE while Quick Heal Technologies Buyback is a Tender Offer proposed to list at BSE, NSE.

 Navneet Education Ltd.Quick Heal Technologies Ltd.
LogoNavneet Education Buyback LogoQuick Heal Technologies Buyback Logo
Type of BuybackOpen Market Through Stock ExchangeTender Offer
Listing AtBSE, NSEBSE, NSE
Face Value₹2 per share₹10 per share
Buyback Price₹100 per share₹245 per share
Issue Size63,26,530 shares
Issue Size (Amount)₹50.00 Crores₹154.98 Crores
Buyback Ratio
Category Entitlement Ratio of Buyback
Reserved Category for Small Shareholders 37 Equity Shares out of every 303 fully paid-up Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders 2 Equity Shares out of every 21 fully paid-up Equity Shares held on the Record Date.
RegistrarMUFG Intime India Pvt.Ltd.MUFG Intime India Pvt.Ltd.
Lead ManagersInga Ventures Pvt.Ltd.Ambit Pvt.Ltd.
Necessity of the buyback

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.

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

Navneet Education Buyback and Quick Heal Technologies Buyback buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. Navneet Education Buyback Buyback record date is . Quick Heal Technologies Buyback Buyback record date is May 03, 2021.

 Navneet Education Ltd.Quick Heal Technologies Ltd.
Record DateMay 03, 2021
Offer Open DateJun 07, 2021May 31, 2021
Offer Closure DateDec 06, 2021Jun 11, 2021
Last date for receipt of tender formsJun 15, 2021
Finalisation of buybackJun 21, 2021
Last Date for settlment of bidsJun 22, 2021
Last Date for extinguishment of sharesJun 29, 2021

Financial Details and Other Relevent Information

Comparison of Navneet Education Buyback and Quick Heal Technologies Buyback financial data. The table below also includes a list of all relevant information like Stock Market Data, Compay Information, Lead Manager and Registrar.

 Navneet Education Ltd.Quick Heal Technologies Ltd.
Financial
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
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 3,147.45 3,454.03 3,460.97
Profit After Tax 736.39 839.64 788.78
Net Worth 6,482.13 7,948.92 7,371.32
Reserves and Surplus 5,840.10 7,243.12 6,667.44
Stock price at BSE

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 BSE (in preceding 3 months)

Month High Price Low Price Average Price
Mar-2021 216.00 152.05 183.08
Feb-2021 169.95 150.10 156.11
Jan-2021 179.60 156.00 167.88
Stock price at NSE

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

Stock price at NSE (in preceding 3 months)

Month High Price Low Price Average Price
Mar-2021 215.95 152.00 183.10
Feb-2021 170.10 150.00 156.10
Jan-2021 179.65 155.50 167.91

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Navneet Education Buyback and Quick Heal Technologies Buyback