Quick Heal Technologies Buyback vs Tanla Platforms Buyback

Comparision 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 Limited

Tanla Platforms Limited

Logo

Type of Buyback

Tender Offer

Open Market Through Stock Exchange

Listing At

BSE, NSE

Face Value

₹10 per share

₹1 per share

Buyback Price

₹245 per share

₹1260 per share

Issue Size

63,26,530 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.

Registrar

Link Intime India Private Ltd

Kfin Technologies Limited

Lead Managers

Ambit Private Limited

Hdfc Bank Limited

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 Limited	Tanla Platforms Limited
Record Date	May 03, 2021
Offer Open Date	May 31, 2021	Jul 29, 2021
Offer Closure Date	Jun 11, 2021	Jan 28, 2022
Last date for receipt of tender forms	Jun 15, 2021
Finalisation of buyback	Jun 21, 2021
Last Date for settlment of bids	Jun 22, 2021
Last Date for extinguishment of shares	Jun 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 Limited

Tanla Platforms Limited

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

Quick Heal Technologies Limited	Tanla Platforms Limited
Tanla Platforms Buyback	Gandhi Special Tubes Limited Buyback
Infosys Buyback	Shriram Pistons & Rings Buyback
Welspun India Buyback	Rsystems Buyback
Navneet Education Buyback	Kaveri Seed Buyback
Infobeans Technologies Buyback	Balrampur Chini Mills Buyback
SIS Buyback	Infosys Buyback
Smartlink Holdings Buyback	Welspun India Buyback
Aarti Drugs Buyback	Navneet Education Buyback
Insecticides India Buyback	Infobeans Technologies Buyback
Gujarat Apollo Industries Buyback	Quick Heal Technologies Buyback

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