FDC Buyback vs Pennar Industries Buyback

Comparision between FDC Buyback and Pennar Industries Buyback.

Buyback Details

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

FDC Limited

Pennar Industries Limited

Logo

Type of Buyback

Tender Offer

Open Market Through Stock Exchange

Listing At

BSE, NSE

Face Value

₹1 per share

₹5 per share

Buyback Price

₹475 per share

₹50 per share

Issue Size

29,00,000 shares

Issue Size (Amount)

₹137.75 Crores

₹40.00 Crores

Buyback Ratio

Category	Entitlement Ratio of Buyback
Reserved Category for Small Shareholders	20 Equity Shares for every 307 Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders	9 Equity Shares for every 592 Equity Shares held on the Record Date.

Registrar

Link Intime India Private Ltd

Kfin Technologies Limited

Lead Managers

Sundae Capital Advisors

Finshore Management Services Limited

Necessity of the buyback

The Buyback aims to:
i) Increase the earnings per share and enhance Return on equity and return on capital employed, Return on Net Worth, Return on assets, etc and long term increase in shareholders' value;
ii) Distribute surplus cash to the 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

FDC Buyback and Pennar Industries Buyback buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. FDC Buyback Buyback record date is Feb 19, 2022. Pennar Industries Buyback Buyback record date is .

	FDC Limited	Pennar Industries Limited
Record Date	Feb 19, 2022
Offer Open Date	Apr 12, 2022	Mar 23, 2022
Offer Closure Date	Apr 27, 2022	Sep 22, 2022
Last date for receipt of tender forms	Apr 29, 2022
Finalisation of buyback	May 05, 2022
Last Date for settlment of bids	May 09, 2022
Last Date for extinguishment of shares	May 16, 2022

Financial Details and Other Relevent Information

Comparison of FDC 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.

FDC Limited

Pennar Industries Limited

Financial

Summary of financial Information (standalone)
Particulars	For the year/period ended (Rs. in Crores)
	31-Mar-21	31-Mar-20	31-Mar-19
Total Income	1,422.60	1,413.75	1,130.67
Profit After Tax	294.49	246.78	171.54
Net Worth	1717.75	1,542.59	1,432.99
Reserves and Surplus	1,700.87	1,525.49	1,415.47

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	323.15	277.60	299.33
Dec-2021	313.40	273.00	289.26
Nov-2021	335.70	270.00	298.73

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	322.90	277.00	299.92
Dec-2021	313.50	272.75	292.85
Nov-2021	345.00	271.80	297.10

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

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

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