Marksans Pharma Buyback vs Quick Heal Technologies Buyback 2022

Comparison between Marksans Pharma Buyback and Quick Heal Technologies Buyback 2022.

Buyback Details

Marksans Pharma 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.

 Marksans Pharma LtdQuick Heal Technologies Ltd.
LogoMarksans Pharma Buyback LogoQuick Heal Technologies Buyback 2022 Logo
Type of BuybackOpen Market Through Stock ExchangeTender Offer
Listing AtBSE, NSEBSE, NSE
Face Value₹1 per share₹10 per share
Buyback Price₹60 per share₹300 per share
Issue Size50,00,000 shares
Issue Size (Amount)₹60.00 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.
RegistrarBigshare Services Pvt.Ltd.MUFG Intime India Pvt.Ltd.
Lead ManagersSundae Capital Advisors Pvt.Ltd.Ambit Pvt.Ltd.
Necessity of the buyback

The buyback is being undertaken for the following reasons:

1. The Buyback will help the Company to return surplus cash to its shareholders.

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

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

Marksans Pharma 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. Marksans Pharma Buyback Buyback record date is . Quick Heal Technologies Buyback 2022 Buyback record date is Sep 14, 2022.

 Marksans Pharma LtdQuick Heal Technologies Ltd.
Record DateSep 14, 2022
Offer Open DateJul 15, 2022Oct 04, 2022
Offer Closure DateJan 14, 2023Oct 18, 2022
Last date for receipt of tender formsOct 18, 2022
Finalisation of buybackOct 28, 2022
Last Date for settlment of bidsOct 31, 2022
Last Date for extinguishment of sharesNov 07, 2022

Financial Details and Other Relevent Information

Comparison of Marksans Pharma 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.

 Marksans Pharma LtdQuick Heal Technologies Ltd.
Financial
Summary of financial Information (Consolidated)
Particulars For the year/period ended (Rs. in Lakhs)
  31-Mar-22 31-Mar-21 31-Mar-20
Total Income 1,53,269.20 1,38,287.61 1,13,453.67
Profit After Tax 18,681.40 23,853.88 12,075.27
Net Worth 1,04,216.44 86,972.58 61,990.88
Reserves and Surplus 99,623.30 82,379.44 57,397.74
Quick Heal Technologies Limited Financial Information (Restated)
Period EndedTotal RevenueProfit After TaxNet WorthReserves and Surplus
31-Mar-20317.7374.41644.07579.86
31-Mar-21357.2106.97751.48687.27
31-Mar-22361.183.19627.63569.62
Amount in ₹ Crore
Stock price at BSE

Stock price at BSE (in preceding 3 months)

Month High Price Low Price Average Price
Jun-2022 48.10 38.70 44.28
May-2022 53.45 44.50 48.20
Apr-2022 62.35 45.55 55.56

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
Jun-2022 48.10 38.60 44.15
May-2022 53.50 44.50 48.23
Apr-2022 62.40 45.50 56.03

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

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Marksans Pharma Buyback and Quick Heal Technologies Buyback 2022