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Rishiroop Limited Buyback vs Rsystems Buyback

Comparision between Rishiroop Limited Buyback and Rsystems Buyback.

Buyback Details

Rishiroop Limited Buyback is a Tender Offer buyback proposed to list at BSE while Rsystems Buyback is a Tender Offer proposed to list at BSE, NSE.

  Rishiroop Limited R Systems International Limited
Logo Rishiroop Limited Buyback Logo Rsystems Buyback Logo
Type of Buyback Tender Offer Tender Offer
Listing At BSE BSE, NSE
Face Value ₹10 per share ₹1 per share
Buyback Price ₹125 per share ₹225 per share
Issue Size 6,40,000 shares 13,33,000 shares
Issue Size (Amount) ₹8.00 Crores ₹29.99 Crores
Buyback Ratio
Category Entitlement Ratio of Buyback
Reserved Category for Small Shareholders 5 Equity Shares out of every 57 fully paid-up Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders 6 Equity Shares out of every 95 fully paid-up Equity Shares held on the Record Date.
Category Entitlement Ratio of Buyback
Reserved Category for Small Shareholders 1 Equity Shares out of every 14 fully paid-up Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders 1 Equity Shares out of every 103 fully paid-up Equity Shares held on the Record Date.
Registrar Link Intime India Private Ltd Link Intime India Private Ltd
Lead Managers Inga Ventures Pvt Ltd Motilal Oswal Investment Advisors Limited
Necessity of the buyback

The Buyback aims to:
i) help the Company to distribute surplus cash to its shareholders holding Equity Shares broadly in proportion to their shareholding, thereby, enhancing the overall return to shareholders.
iii) in improving financial ratios like earnings per share and return on equity, by reducing the equity base of the Company.

The Buyback aims to:
i) help the Company to distribute surplus cash to its shareholders holding Equity Shares broadly in proportion to their shareholding, thereby, enhancing the overall return to shareholders.
ii) in improving financial ratios like earnings per share and return on equity, by reducing the equity base of the Company.

Buyback Timetable

Rishiroop Limited Buyback and Rsystems Buyback buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. Rishiroop Limited Buyback Buyback record date is Sep 09, 2021. Rsystems Buyback Buyback record date is Aug 27, 2021.

  Rishiroop Limited R Systems International Limited
Record Date Sep 09, 2021 Aug 27, 2021
Offer Open Date Oct 05, 2021 Sep 20, 2021
Offer Closure Date Oct 20, 2021 Oct 01, 2021
Last date for receipt of tender forms Oct 22, 2021 Oct 01, 2021
Finalisation of buyback Oct 28, 2021 Oct 11, 2021
Last Date for settlment of bids Oct 29, 2021 Oct 12, 2021
Last Date for extinguishment of shares Nov 05, 2021 Oct 19, 2021

Financial Details and Other Relevent Information

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

  Rishiroop Limited R Systems International Limited
Financial
Summary of financial Information (standalone)
Particulars For the year/period ended (Rs. in Millions)
31-March-21 31-March-20 31-March-19
Total Income 660.70 413.18 629.91
Profit After Tax 299.99 (28.41) 73.01
Net Worth 827.49 574.99 629.09
Summary of financial Information (standalone)
Particulars For the year/period ended (Rs. in Millions)
31-Dec-20 31-Dec-19
Total Income 4,513.08 4,064.40
Profit After Tax 697.07 514.95
Net Worth 3,428.91 2,746.92
Reserves and Surplus 3,309.27 2,627.32
Stock price at BSE

Stock price at BSE (in preceding 3 months)

Month High Price Low Price Average Price
Jul-2021 100.50 92.10 95.32
Jun-2021 113.00 92.00 101.58
May-2021 120.10 86.50 99.54

Stock price at BSE (in preceding 3 months)

Month High Price Low Price Average Price
Jul-2021 211.45 147.25 171.82
Jun-2021 167.00 130.00 143.13
May-2021 156.85 114.60 134.09
Stock price at NSE

Stock price at NSE (in preceding 3 months)

Month High Price Low Price Average Price
Jul-2021 211.95 150.55 171.66
Jun-2021 167.00 130.45 143.06
May-2021 155.00 113.15 133.90

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