Comparison between Bharat Rasayan Buyback and NIIT Buyback.
Bharat Rasayan Buyback is a Tender Offer buyback proposed to list at NSE while NIIT Buyback is a Tender Offer proposed to list at BSE, NSE.
| Bharat Rasayan Ltd. | NIIT Ltd. | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Logo |  |  | ||||||||||||
| Type of Buyback | Tender Offer | Tender Offer | ||||||||||||
| Listing At | NSE | BSE, NSE | ||||||||||||
| Face Value | ₹10 per share | ₹2 per share | ||||||||||||
| Buyback Price | ₹11500 per share | ₹240 per share | ||||||||||||
| Issue Size | 93,472 shares | 98,75,000 shares | ||||||||||||
| Issue Size (Amount) | ₹107.49 Crores | ₹237.00 Crores | ||||||||||||
| Buyback Ratio |
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| Registrar | MUFG Intime India Pvt.Ltd. | MUFG Intime India Pvt.Ltd. | ||||||||||||
| Lead Managers | Corporate Professionals Capital Pvt.Ltd. | JM Financial Ltd. | ||||||||||||
| Necessity of the buyback |
The Buy-back is being undertaken by the Company to:
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The Buyback is being undertaken by the Company to:
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Bharat Rasayan Buyback and NIIT Buyback buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. Bharat Rasayan Buyback Buyback record date is Mar 05, 2021. NIIT Buyback Buyback record date is Feb 24, 2021.
| Bharat Rasayan Ltd. | NIIT Ltd. | |
|---|---|---|
| Record Date | Mar 05, 2021 | Feb 24, 2021 |
| Offer Open Date | Mar 26, 2021 | Apr 12, 2021 |
| Offer Closure Date | Apr 12, 2021 | Apr 28, 2021 |
| Last date for receipt of tender forms | Apr 14, 2021 | Apr 30, 2021 |
| Finalisation of buyback | Apr 20, 2021 | May 06, 2021 |
| Last Date for settlment of bids | Apr 22, 2021 | May 07, 2021 |
| Last Date for extinguishment of shares | Apr 29, 2021 | May 14, 2021 |
Comparison of Bharat Rasayan Buyback and NIIT Buyback financial data. The table below also includes a list of all relevant information like Stock Market Data, Compay Information, Lead Manager and Registrar.
| Bharat Rasayan Ltd. | NIIT Ltd. | |||||||||||||||||||||||||||||||||||||||||
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| Financial |
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| Stock price at BSE | Stock price at BSE (in preceding 3 months)
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| Stock price at NSE | Stock price at NSE (in preceding 3 months)
| Stock price at NSE (in preceding 3 months)
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