Chambal Fertilisers and Chemicals Buyback 2024 vs Orbit Exports Buyback 2024

Comparison between Chambal Fertilisers and Chemicals Buyback 2024 and Orbit Exports Buyback 2024.

Buyback Details

Chambal Fertilisers and Chemicals Buyback 2024 is a Tender Offer buyback proposed to list at BSE, NSE while Orbit Exports Buyback 2024 is a Tender Offer proposed to list at BSE, NSE.

 Chambal Fertilisers and Chemicals Ltd.Orbit Exports Ltd.
LogoChambal Fertilisers and Chemicals Buyback 2024 LogoOrbit Exports Buyback 2024 Logo
Type of BuybackTender OfferTender Offer
Listing AtBSE, NSEBSE, NSE
Face Value₹10 per share₹10 per share
Buyback Price₹450 per share₹250 per share
Issue Size1,55,55,555 shares6,00,000 shares
Issue Size (Amount)₹700.00 Crores₹15.00 Crores
Buyback Ratio
CategoryEntitlement Ratio of BuybackShares Offered
Reserved Category for Small Shareholders1 Equity Shares out of every 14 Fully paid-up Equity Shares held on the Record Date.2,333,334.00
General Category for all other Eligible Shareholders1 Equity Shares out of every 29 Fully paid-up Equity Shares held on the Record Date.13,222,221.00
CategoryEntitlement Ratio of BuybackShares Offered
Reserved Category for Small Shareholders6 Equity Shares out of every 97 Fully paid-up Equity Shares held on the Record Date.90,000.00
General Category for all other Eligible Shareholders1 Equity Shares out of every 50 Fully paid-up Equity Shares held on the Record Date.510,000.00
RegistrarMUFG Intime India Pvt.Ltd.MUFG Intime India Pvt.Ltd.
Lead ManagersAxis Capital Ltd.Saffron Capital Advisors Pvt.Ltd.
Necessity of the buyback

The Buyback is being undertaken for the following reasons:

  1. The Buyback will help the Company to return surplus cash to its shareholders holding Equity Shares thereby, enhancing the overall return to shareholders;
  2. The buyback will help the company to improve its capital structure by optimizing debt to equity ratio. It would also help in improving financial ratios such as earnings per share and return on equity.

The Buyback is being undertaken for the following objectives:

  1. Improve the valuation of the company and fair valuation of the share price.
  2. Enhancing the overall return to shareholders in the long run.
  3. Creating long-term value for shareholders.
  4. Improving the fundamental ratios of the company.
  5. Exit option to shareholders particularly small shareholders at a premium over market price.

Buyback Timetable

Chambal Fertilisers and Chemicals Buyback 2024 and Orbit Exports Buyback 2024 buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. Chambal Fertilisers and Chemicals Buyback 2024 Buyback record date is Jan 18, 2024. Orbit Exports Buyback 2024 Buyback record date is Feb 13, 2024.

 Chambal Fertilisers and Chemicals Ltd.Orbit Exports Ltd.
Record DateJan 18, 2024Feb 13, 2024
Offer Open DateJan 24, 2024Feb 20, 2024
Offer Closure DateJan 31, 2024Feb 26, 2024
Last date for receipt of tender formsJan 31, 2024Feb 26, 2024
Finalisation of buybackFeb 06, 2024Mar 01, 2024
Last Date for settlment of bidsFeb 07, 2024Mar 04, 2024
Last Date for extinguishment of sharesFeb 16, 2024Mar 14, 2024

Financial Details and Other Relevent Information

Comparison of Chambal Fertilisers and Chemicals Buyback 2024 and Orbit Exports Buyback 2024 financial data. The table below also includes a list of all relevant information like Stock Market Data, Compay Information, Lead Manager and Registrar.

 Chambal Fertilisers and Chemicals Ltd.Orbit Exports Ltd.
Financial

Chambal Fertilisers and Chemicals Limited Financial Information (Restated Consolidated)

Chambal Fertilisers and Chemicals Limited's revenue increased by 73.15% and profit after tax (PAT) dropped by -33.99% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended30 Sep 202331 Mar 202331 Mar 202231 Mar 2021
Revenue11,065.5027,940.5716,136.8312,756.36
Profit After Tax719.561,033.791,566.061,747.59
Net Worth7,690.187,052.926,386.095,235.75
Total Borrowing2,281.113,335.274,323.093,918.41
Amount in ₹ Crore

Orbit Exports Limited Financial Information (Restated Consolidated)

Orbit Exports Limited's revenue increased by 52.66% and profit after tax (PAT) rose by 93.18% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended31 Mar 202331 Mar 202231 Mar 2021
Assets287.03279.09226.16
Revenue200.25131.1773.07
Profit After Tax34.3817.802.38
Net Worth217.86194.59176.86
Reserves and Surplus190.37167.57149.98
Total Borrowing25.3739.1714.37
Amount in ₹ Crore
Stock price at BSE

Stock price at BSE (in preceding 3 months)

Month High Price Low Price Average Price
Dec-2023 381.60 320.05 350.35
Nov-2023 319.00 285.25 303.97
Oct-2023 295.25 269.95 282.87

Stock price at BSE (in preceding 3 months)

Month High Price Low Price Average Price
Jan-2024 198.10 175.65 185.11
Dec-2023 187.25 173.15 178.77
Nov-2023 223.25 190.40 201.85
Stock price at NSE

Stock price at NSE (in preceding 3 months)

Month High Price Low Price Average Price
Dec-2023 381.45 320.20 350.43
Nov-2023 319.05 285.35 304.01
Oct-2023 295.60 270.00 283.02

Stock price at NSE (in preceding 3 months)

Month High Price Low Price Average Price
Jan-2024 198.25 173.35 184.80
Dec-2023 186.75 172.20 179.20
Nov-2023 224.35 190.95 201.85

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Chambal Fertilisers and Chemicals Buyback 2024 and Orbit Exports Buyback 2024