Comparison between NIIT Buyback and Savita Oil Buyback.
NIIT Buyback is a Tender Offer buyback proposed to list at BSE, NSE while Savita Oil Buyback is a Tender Offer proposed to list at BSE, NSE.
| NIIT Ltd. | Savita Oil Technologies Ltd. | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Logo |  |  | ||||||||||||
| Type of Buyback | Tender Offer | Tender Offer | ||||||||||||
| Listing At | BSE, NSE | BSE, NSE | ||||||||||||
| Face Value | ₹2 per share | ₹10 per share | ||||||||||||
| Buyback Price | ₹240 per share | ₹1400 per share | ||||||||||||
| Issue Size | 98,75,000 shares | 2,51,000 shares | ||||||||||||
| Issue Size (Amount) | ₹237.00 Crores | ₹35.14 Crores | ||||||||||||
| Buyback Ratio |
|
| ||||||||||||
| Registrar | MUFG Intime India Pvt.Ltd. | MUFG Intime India Pvt.Ltd. | ||||||||||||
| Lead Managers | JM Financial Ltd. | ITI Capital Ltd. | ||||||||||||
| Necessity of the buyback |
The Buyback is being undertaken by the Company to:
|
The Buy-back is being undertaken by the Company to:
|
NIIT Buyback and Savita Oil Buyback buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. NIIT Buyback Buyback record date is Feb 24, 2021. Savita Oil Buyback Buyback record date is Mar 05, 2021.
| NIIT Ltd. | Savita Oil Technologies Ltd. | |
|---|---|---|
| Record Date | Feb 24, 2021 | Mar 05, 2021 |
| Offer Open Date | Apr 12, 2021 | Apr 15, 2021 |
| Offer Closure Date | Apr 28, 2021 | Apr 29, 2021 |
| Last date for receipt of tender forms | Apr 30, 2021 | May 03, 2021 |
| Finalisation of buyback | May 06, 2021 | May 07, 2021 |
| Last Date for settlment of bids | May 07, 2021 | May 10, 2021 |
| Last Date for extinguishment of shares | May 14, 2021 | May 17, 2021 |
Comparison of NIIT Buyback and Savita Oil Buyback financial data. The table below also includes a list of all relevant information like Stock Market Data, Compay Information, Lead Manager and Registrar.
| NIIT Ltd. | Savita Oil Technologies Ltd. | |||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financial |
|
| ||||||||||||||||||||||||||||||||||||||||
| Stock price at BSE | Stock price at BSE (in preceding 3 months)
| Stock price at BSE (in preceding 3 months)
| ||||||||||||||||||||||||||||||||||||||||
| Stock price at NSE | Stock price at NSE (in preceding 3 months)
| Stock price at NSE (in preceding 3 months)
| ||||||||||||||||||||||||||||||||||||||||
