Navneet Education Buyback vs Tanla Platforms Buyback

Comparision between Navneet Education Buyback and Tanla Platforms Buyback.

Buyback Details

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

	Navneet Education Limited	Tanla Platforms Limited
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	₹1 per share
Buyback Price	₹100 per share	₹1260 per share
Issue Size
Issue Size (Amount)	₹50.00 Crores	₹65.00 Crores
Buyback Ratio
Registrar	Link Intime India Private Ltd	Kfin Technologies Limited
Lead Managers	Inga Ventures Pvt Ltd	Hdfc Bank 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. ii) Improve Return on Equity and Earnings per share and thereby enhance shareholder value in the long term.

Buyback Timetable

Navneet Education Buyback and Tanla Platforms 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 . Tanla Platforms Buyback Buyback record date is .

	Navneet Education Limited	Tanla Platforms Limited
Record Date
Offer Open Date	Jun 07, 2021	Jul 29, 2021
Offer Closure Date	Dec 06, 2021	Jan 28, 2022
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 Navneet Education Buyback and Tanla Platforms 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

Tanla Platforms 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 (standalone)
Particulars	For the year/period ended (Rs. in Millions)
	31-Mar-21	31-Mar-20	31-Mar-19
Total Income	9,226.96	10,695.06	8,189.69
Profit After Tax	1,585.59	(1,989.21)	170.75
Net Worth	6,664.69	6,690.60	6,997.15
Reserves and Surplus	6,528.66	6,544.63	6,881.51

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
Jun-2021	927.00	735.00	834.80
May-2021	968.00	852.55	882.09
Apr-2021	986.65	821.55	906.72

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
Jun-2021	927.70	735.00	835.30
May-2021	968.80	852.90	882.67
Apr-2021	985.55	821.60	905.63

Compare with others

Navneet Education Limited	Tanla Platforms Limited
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Balrampur Chini Mills Buyback	Shriram Pistons & Rings Buyback
Tanla Platforms Buyback	Rsystems Buyback
Infosys Buyback	Kaveri Seed Buyback
Welspun India Buyback	Balrampur Chini Mills Buyback
Infobeans Technologies Buyback	Infosys Buyback
Quick Heal Technologies Buyback	Welspun India Buyback
SIS Buyback	Navneet Education Buyback
Smartlink Holdings Buyback	Infobeans Technologies Buyback
Aarti Drugs Buyback	Quick Heal Technologies Buyback

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