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Emami Ltd Buyback vs Pennar Industries Buyback

Comparision between Emami Ltd Buyback and Pennar Industries Buyback.

Buyback Details

Emami Ltd 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.

  Emami Limited Pennar Industries Limited
Logo Emami Ltd Buyback Logo Pennar Industries Buyback Logo
Type of Buyback Open Market Through Stock Exchange Open Market Through Stock Exchange
Listing At BSE, NSE BSE, NSE
Face Value ₹1 per share ₹5 per share
Buyback Price ₹550 per share ₹50 per share
Issue Size
Issue Size (Amount) ₹162.00 Crores ₹40.00 Crores
Buyback Ratio
Registrar Maheshwari Datamatics Pvt. Ltd Kfin Technologies Limited
Lead Managers Iifl Securities Ltd Finshore Management Services Limited
Necessity of the buyback

The Buyback aims to :
i) Return surplus cash to its Shareholders.
ii) Reduce the outstanding number of equity shares and consequently increase earnings per share and book value per share.
iii) Improve key return ratios like return on equity capital.

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

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

  Emami Limited Pennar Industries Limited
Record Date
Offer Open Date Feb 09, 2022 Mar 23, 2022
Offer Closure Date Aug 08, 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 Emami Ltd 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.

  Emami Limited Pennar Industries Limited
Financial
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 29,508.00 27,119.50 27,295.30
Profit After Tax 4,547.10 3,023.00 3,025.30
Net Worth 17,626.50 18,237.50 20,760.60
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
Jan-2022 535.00 466.05 499.89
Dec-2021 555.00 504.00 536.24
Nov-2021 578.65 502.80 537.45

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
Jan-2022 534.80 466.00 497.73
Dec-2021 555.00 504.05 528.04
Nov-2021 578.50 503.00 537.48

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

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