ACC Limited Buyback vs Quick Heal Technologies Buyback 2022

Comparision between ACC Limited Buyback and Quick Heal Technologies Buyback 2022.

Buyback Details

ACC Limited Buyback is a Open Market Through Stock Exchange buyback proposed to list at BSE, NSE while Quick Heal Technologies Buyback 2022 is a Tender Offer proposed to list at BSE, NSE.

ACC Limited

Quick Heal Technologies Limited

Logo

Type of Buyback

Open Market Through Stock Exchange

Tender Offer

Listing At

BSE, NSE

Face Value

₹10 per share

Buyback Price

₹2300 per share

₹300 per share

Issue Size

50,00,000 shares

Issue Size (Amount)

₹11,259.98 Crores

₹150.00 Crores

Buyback Ratio

Category	Entitlement Ratio of Buyback
Reserved Category for Small Shareholders	10 Equity Share out of every 83 Fully paid-up Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders	5 Equity Shares out of every 61 Fully paid-up Equity Shares held on the Record Date.

Registrar

Link Intime India Private Ltd

Lead Managers

ICICI Securities Limited

Deutsche Equities India Private Limited

Ambit Private Limited

Necessity of the buyback

The Buyback is being undertaken for the following reasons:

1. The Buyback will help the Company to distribute surplus cash to its shareholders holding Equity Shares thereby enhancing the overall return for them.

2. The Buyback is generally expected to improve return on equity through distribution of cash and improve earnings per share by reduction in the equity base of the Company, thereby leading to long term increase in shareholders' value

Buyback Timetable

ACC Limited Buyback and Quick Heal Technologies Buyback 2022 buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. ACC Limited Buyback Buyback record date is . Quick Heal Technologies Buyback 2022 Buyback record date is Sep 14, 2022.

	ACC Limited	Quick Heal Technologies Limited
Record Date		Sep 14, 2022
Offer Open Date	Aug 26, 2022	Oct 04, 2022
Offer Closure Date	Sep 09, 2022	Oct 18, 2022
Last date for receipt of tender forms		Oct 18, 2022
Finalisation of buyback		Oct 28, 2022
Last Date for settlment of bids		Oct 31, 2022
Last Date for extinguishment of shares		Nov 07, 2022

Financial Details and Other Relevent Information

Comparison of ACC Limited Buyback and Quick Heal Technologies Buyback 2022 financial data. The table below also includes a list of all relevant information like Stock Market Data, Compay Information, Lead Manager and Registrar.

ACC Limited

Quick Heal Technologies Limited

Financial

ACC Limited Financial Information (Restated)
Period Ended	Total Revenue	Net Worth
31-Dec-19	15975.98	11546.93
31-Dec-20	14002.72	12702.37
31-Dec-21	16358.38	14312.18
Amount in ₹ Crore

Quick Heal Technologies Limited Financial Information (Restated)
Period Ended	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus
31-Mar-20	317.73	74.41	644.07	579.86
31-Mar-21	357.2	106.97	751.48	687.27
31-Mar-22	361.1	83.19	627.63	569.62
Amount in ₹ Crore

Stock price at BSE

Stock price at BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Jul-2022	218.25	153.00	182.14
Jun-2022	178.25	143.95	160.63
May-2022	194.00	161.75	175.92

Stock price at NSE

Stock price at NSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Jul-2022	218.00	152.85	182.06
Jun-2022	174.90	141.00	160.74
May-2022	186.60	160.60	175.80

Compare with others

ACC Limited	Quick Heal Technologies Limited
Infosys Buyback 2022	ACC Limited Buyback
SP Apparels Buyback	SIS Limited Buyback
Shyam Century Ferrous Buyback	TCI Express Buyback
Tanla Platforms Buyback 2022	Granules India Buyback
Mindteck India Buyback	Suraj Limited Buyback
SIS Limited Buyback	CARE Ratings Buyback
TCI Express Buyback	Techno Electric Buyback
Granules India Buyback	Marksans Pharma Buyback
Suraj Limited Buyback	Bajaj Auto Buyback
Quick Heal Technologies Buyback 2022	Route Mobile Buyback

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