Navneet Education Buyback vs Smartlink Holdings Buyback

Comparision between Navneet Education Buyback and Smartlink Holdings Buyback.

Buyback Details

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

Navneet Education Limited

Smartlink Holdings Limited

Logo

Type of Buyback

Open Market Through Stock Exchange

Tender Offer

Listing At

BSE, NSE

Face Value

₹2 per share

Buyback Price

₹100 per share

₹95 per share

Issue Size

33,25,000 shares

Issue Size (Amount)

₹50.00 Crores

₹31.59 Crores

Buyback Ratio

Category	Entitlement Ratio of Buyback
Reserved Category for Small Shareholders	1 Equity Share out of every 4 Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders	1 Equity Share out of every 4 Equity Shares held on the Record Date.

Registrar

Link Intime India Private Ltd

Kfin Technologies Limited

Lead Managers

Inga Ventures Pvt Ltd

ICICI Securities Limited

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 to enhance shareholder value in the long term.

Buyback Timetable

Navneet Education Buyback and Smartlink Holdings 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 . Smartlink Holdings Buyback Buyback record date is Mar 01, 2021.

	Navneet Education Limited	Smartlink Holdings Limited
Record Date		Mar 01, 2021
Offer Open Date	Jun 07, 2021	Apr 30, 2021
Offer Closure Date	Dec 06, 2021	May 14, 2021
Last date for receipt of tender forms		May 17, 2021
Finalisation of buyback		May 21, 2021
Last Date for settlment of bids		May 25, 2021
Last Date for extinguishment of shares		Jun 01, 2021

Financial Details and Other Relevent Information

Comparison of Navneet Education Buyback and Smartlink Holdings 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 Limited

Smartlink Holdings Limited

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 (consolidated)
Particulars	For the year/period ended (Rs. in Millions)
	31-Mar-20	31-Mar-19	31-Mar-18
Total Income	757.02	1,080.57	984.49
Profit After Tax	(142.66)	(29.49)	(33.08)
Net Worth	1,793.67	2,510.38	3,123.37

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
Feb-2021	92.40	83.50	88.41
Jan-2021	92.00	84.30	87.96
Dec-2021	107.45	72.60	90.36

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
Feb-2021	92.60	86.50	88.24
Jan-2021	92.00	84.30	87.96
Dec-2021	107.45	72.60	90.36

Compare with others

Navneet Education Limited	Smartlink Holdings Limited
Kaveri Seed Buyback	Welspun India Buyback
Balrampur Chini Mills Buyback	Navneet Education Buyback
Tanla Platforms Buyback	Infobeans Technologies Buyback
Infosys Buyback	Quick Heal Technologies Buyback
Welspun India Buyback	SIS Buyback
Infobeans Technologies Buyback	Aarti Drugs Buyback
Quick Heal Technologies Buyback	Insecticides India Buyback
SIS Buyback	Gujarat Apollo Industries Buyback
Smartlink Holdings Buyback	Savita Oil Buyback
Aarti Drugs Buyback	NIIT Buyback

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