Comparison between Orbit Exports Buyback 2024 and Zydus Lifesciences Buyback 2024.
Orbit Exports Buyback 2024 is a Tender Offer buyback proposed to list at BSE, NSE while Zydus Lifesciences Buyback 2024 is a Tender Offer proposed to list at BSE, NSE.
| Orbit Exports Ltd. | Zydus Lifesciences Ltd. | |||||||||||||||||||
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| Type of Buyback | Tender Offer | Tender Offer | ||||||||||||||||||
| Listing At | BSE, NSE | BSE, NSE | ||||||||||||||||||
| Face Value | ₹10 per share | ₹1 per share | ||||||||||||||||||
| Buyback Price | ₹250 per share | ₹1005 per share | ||||||||||||||||||
| Issue Size | 6,00,000 shares | 59,70,149 shares | ||||||||||||||||||
| Issue Size (Amount) | ₹15.00 Crores | ₹600.00 Crores | ||||||||||||||||||
| Buyback Ratio |
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| Registrar | MUFG Intime India Pvt.Ltd. | MUFG Intime India Pvt.Ltd. | ||||||||||||||||||
| Lead Managers | Saffron Capital Advisors Pvt.Ltd. | ICICI Securities Ltd. | ||||||||||||||||||
| Necessity of the buyback | The Buyback is being undertaken for the following objectives:
| The Buyback will help the company to distribute a part of the surplus cash to its shareholders holding equity shares thereby, optimizing returns to the shareholders and enhancing the overall shareholders' value in the longer term, and improving the return on equity. |
Orbit Exports Buyback 2024 and Zydus Lifesciences Buyback 2024 buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. Orbit Exports Buyback 2024 Buyback record date is Feb 13, 2024. Zydus Lifesciences Buyback 2024 Buyback record date is Feb 23, 2024.
| Orbit Exports Ltd. | Zydus Lifesciences Ltd. | |
|---|---|---|
| Record Date | Feb 13, 2024 | Feb 23, 2024 |
| Offer Open Date | Feb 20, 2024 | Feb 29, 2024 |
| Offer Closure Date | Feb 26, 2024 | Mar 06, 2024 |
| Last date for receipt of tender forms | Feb 26, 2024 | Mar 06, 2024 |
| Finalisation of buyback | Mar 01, 2024 | Mar 13, 2024 |
| Last Date for settlment of bids | Mar 04, 2024 | Mar 14, 2024 |
| Last Date for extinguishment of shares | Mar 14, 2024 | Mar 26, 2024 |
Comparison of Orbit Exports Buyback 2024 and Zydus Lifesciences 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.
| Orbit Exports Ltd. | Zydus Lifesciences Ltd. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Financial | 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.
| Zydus Lifesciences Limited Financial Information (Restated Consolidated)Zydus Lifesciences Limited's revenue increased by 17.07% and profit after tax (PAT) rose by 78.25% between the financial year ending with March 31, 2023 and March 31, 2022.
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| Stock price at BSE | Stock price at BSE (in preceding 3 months)
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| Stock price at NSE | Stock price at NSE (in preceding 3 months)
| Stock price at NSE (in preceding 3 months)
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