Quick Heal Technologies Buyback vs Tanla Platforms Buyback

Comparison between Quick Heal Technologies Buyback and Tanla Platforms Buyback.

Buyback Details

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

 Quick Heal Technologies Ltd.Tanla Platforms Ltd.
LogoQuick Heal Technologies Buyback LogoTanla Platforms Buyback Logo
Type of BuybackTender OfferOpen Market Through Stock Exchange
Listing AtBSE, NSEBSE, NSE
Face Value₹10 per share₹1 per share
Buyback Price₹245 per share₹1260 per share
Issue Size63,26,530 shares
Issue Size (Amount)₹154.98 Crores₹65.00 Crores
Buyback Ratio
Category Entitlement Ratio of Buyback
Reserved Category for Small Shareholders 37 Equity Shares out of every 303 fully paid-up Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders 2 Equity Shares out of every 21 fully paid-up Equity Shares held on the Record Date.
RegistrarMUFG Intime India Pvt.Ltd.Kfin Technologies Ltd.
Lead ManagersAmbit Pvt.Ltd.HDFC Bank Ltd.
Necessity of the buyback

The Buyback aims to :
i) Return surplus cash to the shareholders and enhance overall return to the shareholders.
ii) Improve Return on Equity and Earnings per share and thereby enhance shareholder value in the long term.

The Buyback aims to :
i) Return surplus cash to the shareholders.
ii) Improve Return on Equity and Earnings per share and thereby enhance shareholder value in the long term.

Buyback Timetable

Quick Heal Technologies Buyback and Tanla Platforms Buyback buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. Quick Heal Technologies Buyback Buyback record date is May 03, 2021. Tanla Platforms Buyback Buyback record date is .

 Quick Heal Technologies Ltd.Tanla Platforms Ltd.
Record DateMay 03, 2021
Offer Open DateMay 31, 2021Jul 29, 2021
Offer Closure DateJun 11, 2021Jan 28, 2022
Last date for receipt of tender formsJun 15, 2021
Finalisation of buybackJun 21, 2021
Last Date for settlment of bidsJun 22, 2021
Last Date for extinguishment of sharesJun 29, 2021

Financial Details and Other Relevent Information

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

 Quick Heal Technologies Ltd.Tanla Platforms Ltd.
Financial
Summary of financial Information (standalone)
Particulars For the year/period ended (Rs. in Millions)
31-Mar-20 31-Mar-19 31-Mar-18
Total Income 3,147.45 3,454.03 3,460.97
Profit After Tax 736.39 839.64 788.78
Net Worth 6,482.13 7,948.92 7,371.32
Reserves and Surplus 5,840.10 7,243.12 6,667.44
Summary of financial Information (standalone)
Particulars For the year/period ended (Rs. in Millions)
31-Mar-21 31-Mar-20 31-Mar-19
Total Income 9,226.96 10,695.06 8,189.69
Profit After Tax 1,585.59 (1,989.21) 170.75
Net Worth 6,664.69 6,690.60 6,997.15
Reserves and Surplus 6,528.66 6,544.63 6,881.51
Stock price at BSE

Stock price at BSE (in preceding 3 months)

Month High Price Low Price Average Price
Mar-2021 216.00 152.05 183.08
Feb-2021 169.95 150.10 156.11
Jan-2021 179.60 156.00 167.88

Stock price at BSE (in preceding 3 months)

Month High Price Low Price Average Price
Jun-2021 927.00 735.00 834.80
May-2021 968.00 852.55 882.09
Apr-2021 986.65 821.55 906.72
Stock price at NSE

Stock price at NSE (in preceding 3 months)

Month High Price Low Price Average Price
Mar-2021 215.95 152.00 183.10
Feb-2021 170.10 150.00 156.10
Jan-2021 179.65 155.50 167.91

Stock price at NSE (in preceding 3 months)

Month High Price Low Price Average Price
Jun-2021 927.70 735.00 835.30
May-2021 968.80 852.90 882.67
Apr-2021 985.55 821.60 905.63

Compare with others

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Quick Heal Technologies Buyback and Tanla Platforms Buyback