Nava Bharat Ventures Buyback vs NIIT Buyback

Comparision between Nava Bharat Ventures Buyback and NIIT Buyback.

Buyback Details

Nava Bharat Ventures Buyback is a Open Market Through Stock Exchange buyback proposed to list at BSE, NSE while NIIT Buyback is a Tender Offer proposed to list at BSE, NSE.

Nava Bharat Ventures Limited

NIIT 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

₹240 per share

Issue Size

98,75,000 shares

Issue Size (Amount)

₹150.00 Crores

₹237.00 Crores

Buyback Ratio

Category	Entitlement Ratio of Buyback
Reserved Category for Small Shareholders	102 Equity Shares for every 919 Equity Shares held on the Record Date
General Category for all other Eligible Shareholders	19 Equity Shares for every 292 Equity Shares held on the Record Date

Registrar

Kfin Technologies Limited

Link Intime India Private Ltd

Lead Managers

Akasam Consulting Private Limited

Jm Financial Limited

Necessity of the buyback

The Buyback is undertaken by the Company to:
(i) Optimize returns to shareholders.
(ii) Enhance overall shareholder's value.
(iii) Return surplus cash to the shareholders.
(iv) To improve return on equity.

The Buyback is being undertaken by the Company to:
i) To return surplus funds to the Equity Shareholders; and
ii) To help improve financial ratios like earnings per share and return on equity, by reducing the equity capital of the Company.

Buyback Timetable

Nava Bharat Ventures Buyback and NIIT Buyback buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. Nava Bharat Ventures Buyback Buyback record date is . NIIT Buyback Buyback record date is Feb 24, 2021.

	Nava Bharat Ventures Limited	NIIT Limited
Record Date		Feb 24, 2021
Offer Open Date	Mar 10, 2021	Apr 12, 2021
Offer Closure Date	Sep 09, 2021	Apr 28, 2021
Last date for receipt of tender forms		Apr 30, 2021
Finalisation of buyback		May 06, 2021
Last Date for settlment of bids		May 07, 2021
Last Date for extinguishment of shares		May 14, 2021

Financial Details and Other Relevent Information

Comparison of Nava Bharat Ventures 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.

Nava Bharat Ventures Limited

NIIT Limited

Financial

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	11,322.08	14,377.77	13,551.17
Profit After Tax	1,310.11	1,661.89	1,615.58
Net Worth	29,677.11	29,255.77	27,869.75

Summary of financial Information (consolidated)
Particulars	For the year/period ended (Rs. in Lakhs)
	31-Mar-20	31-Mar-19	31-Mar-18
Total Income	1,00,598	87,136	85,909
Profit After Tax	1,32,718	8,720	6,368
Net Worth	96,292	28,350	18,938

Stock price at BSE

Stock price at BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Feb-2021	76.25	57.25	66.22
Jan-2021	64.71	57.10	61.99
Dec-2021	68.85	50.20	60.70

Stock price at BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Jan-2021	205.95	187.65	198.63
Dec-2020	207.35	168.75	182.88
Nov-2020	190.35	131.50	153.42

Stock price at NSE

Stock price at NSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Feb-2021	76.20	57.15	65.86
Jan-2021	64.75	57.20	62.03
Dec-2021	68.45	50.20	60.87

Stock price at NSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Jan-2021	206.15	187.60	198.60
Dec-2020	207.30	168.85	182.97
Nov-2020	190.50	131.50	153.43

Compare with others

Nava Bharat Ventures Limited	NIIT Limited
Savita Oil Buyback	Smartlink Holdings Buyback
NIIT Buyback	Aarti Drugs Buyback
Suprajit Engineering Buyback	Insecticides India Buyback
Bharat Rasayan Buyback	Gujarat Apollo Industries Buyback
Jagran Prakashan Buyback	Savita Oil Buyback
Indian Toners & Developers Buyback	Suprajit Engineering Buyback
Gail India Buyback	Bharat Rasayan Buyback
NALCO Buyback	Jagran Prakashan Buyback
Neelamalai Agro Buyback	Nava Bharat Ventures Buyback
VRL Logistics Buyback	Indian Toners & Developers Buyback

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