Atul Limited Buyback vs Pennar Industries Buyback

Comparision between Atul Limited Buyback and Pennar Industries Buyback.

Buyback Details

Atul Limited Buyback is a Open Market Through Stock Exchange buyback proposed to list at BSE, NSE while Pennar Industries Buyback is a Open Market Through Stock Exchange proposed to list at BSE, NSE.

	Atul Limited	Pennar Industries Limited
Logo
Type of Buyback	Open Market Through Stock Exchange	Open Market Through Stock Exchange
Listing At	BSE, NSE	BSE, NSE
Face Value	₹10 per share	₹5 per share
Buyback Price	₹11000 per share	₹50 per share
Issue Size
Issue Size (Amount)	₹70.00 Crores	₹40.00 Crores
Buyback Ratio
Registrar	Link Intime India Private Ltd	Kfin Technologies Limited
Lead Managers	Vivro Financial Services Private Limited	Finshore Management Services Limited
Necessity of the buyback	The Buy-back aims to: 1. Return surplus funds to the equity shareholders of the Company. 2. Improve earnings per share by reducing the equity base, thereby leading to a long-term increase in the value of shareholders.	The buyback aims to utilize the net proceeds towards the following objectives: To increase the earnings per share (EPS) over a period of time. To effectively utilize available cash, and To improve key return ratios like return on net worth, return on assets, etc.

Buyback Timetable

Atul Limited Buyback and Pennar Industries Buyback buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. Atul Limited Buyback Buyback record date is . Pennar Industries Buyback Buyback record date is .

	Atul Limited	Pennar Industries Limited
Record Date
Offer Open Date	Apr 07, 2022	Mar 23, 2022
Offer Closure Date	May 09, 2022	Sep 22, 2022
Last date for receipt of tender forms
Finalisation of buyback
Last Date for settlment of bids
Last Date for extinguishment of shares

Financial Details and Other Relevent Information

Comparison of Atul Limited Buyback and Pennar Industries Buyback financial data. The table below also includes a list of all relevant information like Stock Market Data, Compay Information, Lead Manager and Registrar.

Atul Limited

Pennar Industries Limited

Financial

Summary of financial Information (Consolidated)
Particulars	For the year/period ended (Rs. in Crores)
	31-Mar-21	31-Mar-20	31-Mar-19
Total Income	3,834.45	4,171.10	4,072.67
Profit After Tax	660.02	670.91	436.02
Net Worth	3,826.52	3,154.90	2,705.71

Summary of financial Information (Consolidated)
Particulars	For the year/period ended (Rs. in Millions)
	31-Mar-21	31-Mar-20	31-Mar-19
Total Income	15,440.10	21,268.30	21,598.50
Profit After Tax	28.40	534.00	666.60
Net Worth	6,958.30	7,003.30	6,674.90

Stock price at BSE

Stock price at BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Feb-2022	9852.10	8627.90	9361.13
Jan-2022	10859.00	8966.80	9709.73
Dec-2021	9121.75	8302.30	8787.72

Stock price at BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Feb-2022	45.85	31.85	39.85
Jan-2022	45.75	34.00	38.69
Dec-2021	35.85	27.65	31.21

Stock price at NSE

Stock price at NSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Feb-2022	9899.95	8622.05	9359.34
Jan-2022	10856.80	8964.05	9714.97
Dec-2021	9124.70	8313.45	8784.29

Stock price at NSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Feb-2022	45.75	31.70	39.87
Jan-2022	45.85	33.95	38.69
Dec-2021	35.95	27.80	31.21

Compare with others

Atul Limited	Pennar Industries Limited
Sinclairs Hotels Buyback	Sarda Energy & Minerals Buyback
Sarda Energy & Minerals Buyback	UPL Limited Buyback 2022
UPL Limited Buyback 2022	GAIL (India) Buyback
GAIL (India) Buyback	Filatex India Buyback
Filatex India Buyback	Atul Limited Buyback
Pennar Industries Buyback	Gulf Oil Lubricants Buyback Feb 22
Gulf Oil Lubricants Buyback Feb 22	FDC Buyback
FDC Buyback	K.P.R Mill Buyback
K.P.R Mill Buyback	Mayur Uniquoters Buyback
Mayur Uniquoters Buyback	Emami Ltd Buyback

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