Jagran Prakashan Buyback 2022 vs Orbit Exports Buyback

Comparision between Jagran Prakashan Buyback 2022 and Orbit Exports Buyback.

Buyback Details

Jagran Prakashan Buyback 2022 is a Tender Offer buyback proposed to list at BSE, NSE while Orbit Exports Buyback is a Tender Offer proposed to list at BSE, NSE.

Jagran Prakashan Ltd

Orbit Exports Limited

Logo

Type of Buyback

Tender Offer

Listing At

BSE, NSE

Face Value

₹2 per share

₹10 per share

Buyback Price

₹75 per share

₹245 per share

Issue Size

4,60,00,000 shares

4,08,163 shares

Issue Size (Amount)

₹345.00 Crores

₹10.00 Crores

Buyback Ratio

Category	Entitlement Ratio of Buyback
Reserved Category for Small Shareholders	2 Equity Share out of every 47 Fully paid-up Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders	9 Equity Shares out of every 673 Fully paid-up Equity Shares held on the Record Date.

Registrar

Kfin Technologies Limited

Link Intime India Private Ltd

Lead Managers

Ernst & Young Merchant Banking Services Llp

Keynote Financial Services Ltd

Necessity of the buyback

The Buyback is being undertaken for the following reasons:

The Buyback will help the Company to return surplus cash to its shareholders holding Equity Shares.
The Buyback may help in improving return on equity, by reduction in the equity base, thereby leading to long term increase in shareholders' value.

The Buyback is being undertaken, inter-alia, for the following reasons:

The Buyback will help the company to return surplus cash to its shareholders broadly in proportion to their shareholding thereby enhancing overall return to the shareholders.
The Buyback would give an option to the equity shareholders to either participate in the Buyback and receive cash in lieu of Equity Shares accepted under the Buyback or not participate in the Buyback and enjoy a resultant increase in their percentage shareholding in the company post the buyback without additional investment.

Buyback Timetable

Jagran Prakashan Buyback 2022 and Orbit Exports Buyback buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. Jagran Prakashan Buyback 2022 Buyback record date is Jan 06, 2023. Orbit Exports Buyback Buyback record date is Nov 18, 2022.

	Jagran Prakashan Ltd	Orbit Exports Limited
Record Date	Jan 06, 2023	Nov 18, 2022
Offer Open Date	Mar 02, 2023	Dec 15, 2022
Offer Closure Date	Mar 16, 2023	Dec 28, 2022
Last date for receipt of tender forms	Mar 18, 2023	Dec 28, 2022
Finalisation of buyback	Mar 24, 2023	Jan 05, 2023
Last Date for settlment of bids	Mar 27, 2023	Jan 06, 2023
Last Date for extinguishment of shares	Apr 03, 2023	Jan 13, 2023

Financial Details and Other Relevent Information

Comparison of Jagran Prakashan Buyback 2022 and Orbit Exports Buyback financial data. The table below also includes a list of all relevant information like Stock Market Data, Compay Information, Lead Manager and Registrar.

Jagran Prakashan Ltd

Orbit Exports Limited

Financial

Jagran Prakashan Ltd Financial Information (Consolidated)
Period Ended	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus	Total Borrowing
31-Mar-20	2129.57	280.9	1918.49	1862.25	225.18
31-Mar-21	1341.2	78.31	1995.3	1939.67	287.93
31-Mar-22	1682.68	216.88	2137.42	2084.69	296.62
Amount in ₹ Crore

Orbit Exports Limited Financial Information (Restated)
Period Ended	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus	Total Borrowing
31-Mar-20	150.23	26.26	174.09	146.7	16.08
31-Mar-21	73.07	2.38	176.86	149.48	14.37
31-Mar-22	131.17	17.8	194.59	167.21	39.17
30-Sep-22	109.14	22.23	217.88	190.5	39.4
Amount in ₹ Crore

Stock price at BSE

Stock price at BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Nov-2022	74.60	64.75	69.48
Oct-2022	69.10	63.25	65.76
Sep-2022	72.50	61.40	65.12

Stock price at BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Oct-2022	186.75	155.35	164.80
Sep-2022	171.80	146.90	157.90
Aug-2022	158.60	114.65	140.09

Stock price at NSE

Stock price at NSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Nov-2022	74.90	63.10	69.47
Oct-2022	69.45	62.30	65.76
Sep-2022	73.70	60.70	65.16

Stock price at NSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Oct-2022	185.85	155.50	164.79
Sep-2022	172.25	147.75	158.12
Aug-2022	158.40	115.05	140.02

Compare with others

Jagran Prakashan Ltd	Orbit Exports Limited
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Orbit Exports Buyback	Windlas Biotech Buyback 2022
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Garware Technical Fibres Buyback	Kaveri Seed Buyback 2022
International Conveyors Buyback	Garware Technical Fibres Buyback

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