ProStocks Logo
Unlimited Trades ₹899 Monthly
www.ProStocks.com
Contact us

Mahalaxmi Rubtech Buyback vs Nucleus Software Buyback

Comparison between Mahalaxmi Rubtech Buyback and Nucleus Software Buyback.

Buyback Details

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

 Mahalaxmi Rubtech Ltd.Nucleus Software Exports Ltd.
LogoMahalaxmi Rubtech Buyback LogoNucleus Software Buyback Logo
Type of BuybackTender OfferTender Offer
Listing AtBSEBSE, NSE
Face Value₹10 per share₹10 per share
Buyback Price₹70 per share₹700 per share
Issue Size27,00,000 shares22,67,400 shares
Issue Size (Amount)₹18.90 Crores₹158.72 Crores
Buyback Ratio
Category Entitlement Ratio of Buyback
Reserved Category for Small Shareholders 25 Equity shares out of every 73 fully paid up Equity shares held on the Record date.
General Category for all other Eligible Shareholders 14 Equity shares out of every 71 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.
RegistrarCameo Corporate Services Ltd.Kfin Technologies Ltd.
Lead ManagersSaffron Capital Advisors Pvt.Ltd.Corporate Professionals Capital Pvt.Ltd.
Necessity of the buyback

The Buyback aims to :
ii) Give an option to shareholders to get cash in lieu of Equity Shares to be accepted under the Buyback or choose not to participate and enjoy a resultant increase in their percentage shareholding without additional investment.
iii) The Buyback will help in improving certain key financial ratios of the Company.

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

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

 Mahalaxmi Rubtech Ltd.Nucleus Software Exports Ltd.
Record DateAug 27, 2021Nov 27, 2021
Offer Open DateSep 29, 2021Jan 03, 2022
Offer Closure DateOct 12, 2021Jan 14, 2022
Last date for receipt of tender formsOct 15, 2021Jan 14, 2022
Finalisation of buybackOct 22, 2021Jan 20, 2022
Last Date for settlment of bidsOct 25, 2021Jan 25, 2022
Last Date for extinguishment of sharesNov 01, 2021Feb 01, 2022

Financial Details and Other Relevent Information

Comparison of Mahalaxmi Rubtech 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.

 Mahalaxmi Rubtech Ltd.Nucleus Software Exports Ltd.
Financial
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 1,393.76 1,811.11 1,866.50
Profit After Tax 61.00 48.16 49.31
Net Worth 940.32 880.91 830.48
Reserves and Surplus 807.12 747.71 697.28
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
Jul-2021 68.75 47.90 58.33
Jun-2021 51.35 48.25 49.80
May-2021 51.10 37.60 44.35

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 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

Mahalaxmi Rubtech Ltd.Nucleus Software Exports Ltd.
S H Kelkar BuybackWeizmann Buyback
Nucleus Software BuybackMOIL Buyback
Goldiam International BuybackMPS Buyback
eClerx Services Limited BuybackAksharChem India Buyback
Rishiroop Limited BuybackS H Kelkar Buyback
Star Cement BuybackGoldiam International Buyback
Gandhi Special Tubes Limited BuybackeClerx Services Limited Buyback
Shriram Pistons & Rings BuybackRishiroop Limited Buyback
Rsystems BuybackMahalaxmi Rubtech Buyback
Kaveri Seed BuybackStar Cement Buyback

Compare:

Mahalaxmi Rubtech Buyback and Nucleus Software Buyback