Balrampur Chini Mills Buyback vs Rsystems Buyback

Comparison 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 Ltd.R Systems International Ltd.
LogoBalrampur Chini Mills Buyback LogoRsystems Buyback Logo
Type of BuybackOpen Market Through Stock ExchangeTender Offer
Listing AtBSE, NSEBSE, NSE
Face Value₹1 per share₹1 per share
Buyback Price₹410 per share₹225 per share
Issue Size13,33,000 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.
RegistrarKfin Technologies Ltd.MUFG Intime India Pvt.Ltd.
Lead ManagersAxis Capital Ltd.Motilal Oswal Investment Advisors Ltd.
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 Ltd.R Systems International Ltd.
Record DateAug 27, 2021
Offer Open DateAug 17, 2021Sep 20, 2021
Offer Closure DateFeb 16, 2022Oct 01, 2021
Last date for receipt of tender formsOct 01, 2021
Finalisation of buybackOct 11, 2021
Last Date for settlment of bidsOct 12, 2021
Last Date for extinguishment of sharesOct 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 Ltd.R Systems International Ltd.
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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Balrampur Chini Mills Buyback and Rsystems Buyback