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Balrampur Chini Mills Buyback vs Rsystems Buyback

Comparision between Balrampur Chini Mills Buyback and Rsystems Buyback.

Buyback Details

Balrampur Chini Mills Buyback is a Open Market Through Stock Exchange buyback proposed to list at BSE, NSE while Rsystems Buyback is a Tender Offer proposed to list at BSE, NSE.

  Balrampur Chini Mills Limited R Systems International Limited
Logo Balrampur Chini Mills Buyback Logo Rsystems Buyback Logo
Type of Buyback Open Market Through Stock Exchange Tender Offer
Listing At BSE, NSE BSE, NSE
Face Value ₹1 per share ₹1 per share
Buyback Price ₹410 per share ₹225 per share
Issue Size 13,33,000 shares
Issue Size (Amount) ₹215.25 Crores ₹29.99 Crores
Buyback Ratio
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 Kfin Technologies Limited Link Intime India Private Ltd
Lead Managers Axis Capital Limited Motilal Oswal Investment Advisors Limited
Necessity of the buyback

The Buyback aims to :
i) Optimize returns to shareholders.
ii) Enhance overall shareholder value.
iii) Optimize the capital structure.

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

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

  Balrampur Chini Mills Limited R Systems International Limited
Record Date Aug 27, 2021
Offer Open Date Aug 17, 2021 Sep 20, 2021
Offer Closure Date Feb 16, 2022 Oct 01, 2021
Last date for receipt of tender forms Oct 01, 2021
Finalisation of buyback Oct 11, 2021
Last Date for settlment of bids Oct 12, 2021
Last Date for extinguishment of shares Oct 19, 2021

Financial Details and Other Relevent Information

Comparison of Balrampur Chini Mills 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.

  Balrampur Chini Mills Limited R Systems International Limited
Financial
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 48,451.05 47,798.40 43,285.20
Profit After Tax 4,697.72 5,092.81 5,706.38
Net Worth 24,804.42 22,874.96 20,011.01
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 387.10 327.50 349.21
Jun-2021 370.00 294.35 338.20
May-2021 348.95 276.95 310.21

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 386.80 327.30 349.13
Jun-2021 370.00 294.40 338.27
May-2021 349.15 276.40 310.24

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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