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AksharChem India Buyback vs Nucleus Software Buyback

Comparison between AksharChem India Buyback and Nucleus Software Buyback.

Buyback Details

AksharChem India Buyback is a Tender Offer buyback proposed to list at BSE, NSE while Nucleus Software Buyback is a Tender Offer proposed to list at BSE, NSE.

 AksharChem (India) Ltd.Nucleus Software Exports Ltd.
LogoAksharChem India Buyback LogoNucleus Software Buyback Logo
Type of BuybackTender OfferTender Offer
Listing AtBSE, NSEBSE, NSE
Face Value₹10 per share₹10 per share
Buyback Price₹590 per share₹700 per share
Issue Size1,69,491 shares22,67,400 shares
Issue Size (Amount)₹10.00 Crores₹158.72 Crores
Buyback Ratio
Category Entitlement Ratio of Buyback
Reserved Category for Small Shareholders 13 Equity Shares out of every 563 fully paid-up Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders 17 Equity Shares out of every 838 fully paid-up Equity Shares held on the Record Date.
Category Entitlement Ratio of Buyback
Reserved Category for Small Shareholders 19 Equity shares out of every 123 fully paid up Equity shares held on the Record date.
General Category for all other Eligible Shareholders 27 Equity shares out of every 376 fully paid up Equity shares held on the Record date.
RegistrarMUFG Intime India Pvt.Ltd.Kfin Technologies Ltd.
Lead ManagersVivro Financial Services Pvt.Ltd.Corporate Professionals Capital Pvt.Ltd.
Necessity of the buyback

The Buyback aims to :
i) Distribute surplus funds to shareholders and thereby enhance their overall return.
ii) Improve financial ratios like Earnings per share (EPS), Return on assets (ROA) and Return on Equity (ROE).

The Buyback aims to:
i) Distribute surplus funds to shareholders and thereby enhance their overall return.
ii) Improve financial ratios like earnings per share, return on capital employed, and return on equity, by reducing the equity base of the Company.

Buyback Timetable

AksharChem India Buyback and Nucleus Software Buyback buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. AksharChem India Buyback Buyback record date is Nov 12, 2021. Nucleus Software Buyback Buyback record date is Nov 27, 2021.

 AksharChem (India) Ltd.Nucleus Software Exports Ltd.
Record DateNov 12, 2021Nov 27, 2021
Offer Open DateDec 08, 2021Jan 03, 2022
Offer Closure DateDec 21, 2021Jan 14, 2022
Last date for receipt of tender formsDec 21, 2021Jan 14, 2022
Finalisation of buybackDec 29, 2021Jan 20, 2022
Last Date for settlment of bidsDec 30, 2021Jan 25, 2022
Last Date for extinguishment of sharesJan 06, 2022Feb 01, 2022

Financial Details and Other Relevent Information

Comparison of AksharChem India Buyback and Nucleus Software Buyback financial data. The table below also includes a list of all relevant information like Stock Market Data, Compay Information, Lead Manager and Registrar.

 AksharChem (India) Ltd.Nucleus Software Exports Ltd.
Financial
Summary of financial Information standalone)
Particulars For the year/period ended (Rs. in Millions)
  30-Sep-21 31-Mar-21 31-Mar-20 31-Mar-19
Total Income 1,789.62 2,476.11 2,611.97 3,282.32
Profit After Tax 79.97 125.00 157.22 225.89
Reserves & Surplus 2,756.18 2,705.19 2,571.09 2,489.99
Net Worth 2,883.21 2,787.22 2,653.12 2,572.02
Summary of financial Information (Standalone)
Particulars For the year/period ended (Rs. in Millions)
  30-Sep-21 31-March-21 31-March-20 31-March-19
Total Income 2,179.6 4,909.9 5,079.5 4,370.5
Profit After Tax 145.6 1,120.4 1,022.2 756.3
Net Worth 6,394.2 6,469.4 5,418.6 4,701.3
Reserves & Surplus 6,103.8 6,179.0 5,128.2 4,410.9
Stock price at BSE

Stock price at BSE (in preceding 3 months)

Month High Price Low Price Average Price
Oct-2021 613.50 406.25 509.17
Sep-2021 469.00 399.25 425.43
Aug-2021 490.00 386.10 435.56

Stock price at BSE (in preceding 3 months)

Month High Price Low Price Average Price
Oct-2021 611.35 574.05 586.15
Sep-2021 623.00 514.20 583.20
Aug-2021 698.05 514.05 594.63
Stock price at NSE

Stock price at NSE (in preceding 3 months)

Month High Price Low Price Average Price
Oct-2021 613.70 404.30 508.70
Sep-2021 468.00 399.10 425.24
Aug-2021 490.00 385.00 436.17

Stock price at NSE (in preceding 3 months)

Month High Price Low Price Average Price
Oct-2021 611.75 574.40 587.17
Sep-2021 623.35 514.15 587.67
Aug-2021 699.00 513.65 599.21

Compare with others

AksharChem (India) Ltd.Nucleus Software Exports Ltd.
Ajanta Pharma BuybackWeizmann Buyback
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MOIL BuybackAksharChem India Buyback
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Compare:

AksharChem India Buyback and Nucleus Software Buyback