Kaveri Seed Buyback vs Rsystems Buyback

Comparision between Kaveri Seed Buyback and Rsystems Buyback.

Buyback Details

Kaveri Seed 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.

Kaveri Seed Company Limited

R Systems International Limited

Logo

Type of Buyback

Open Market Through Stock Exchange

Tender Offer

Listing At

BSE, NSE

Face Value

₹2 per share

₹1 per share

Buyback Price

₹850 per share

₹225 per share

Issue Size

13,33,000 shares

Issue Size (Amount)

₹120.00 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

Bigshare Services Pvt Ltd

Link Intime India Private Ltd

Lead Managers

Bajaj Capital Limited

Motilal Oswal Investment Advisors Limited

Necessity of the buyback

The Buyback aims to :
i) Help the company return surplus cash to its shareholders holding Equity.
ii) Improve return on equity, by reduction in the equity base, thereby leading to long term increase in shareholders’ value.
iii) Give an option to the shareholders holding Equity Shares of the Company, who can choose to participate and get cash in lieu of Equity Shares to be accepted under the Buyback offer or they may choose not to participate and enjoy a resultant increase in their percentage shareholding, post the Buyback offer, without additional investment.

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

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

	Kaveri Seed Company Limited	R Systems International Limited
Record Date		Aug 27, 2021
Offer Open Date	Sep 02, 2021	Sep 20, 2021
Offer Closure Date	Mar 01, 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 Kaveri Seed 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.

Kaveri Seed Company Limited

R Systems International Limited

Financial

Summary of financial Information (standalone)
Particulars	For the year/period ended (Rs. in Crores)
	31-Mar-21	31-Mar-20	31-Mar-19
Total Income	1,034.99	929.81	811.85
Profit After Tax	305.31	251.26	214.72
Net Worth	1,262.07	981.85	1,012.95
Reserves and Surplus	1,250.00	969.78	1,000.33

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	787.85	680.15	733.67
Jun-2021	747.15	639.00	712.07
May-2021	815.85	592.00	727.75

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	781.90	680.65	736.85
Jun-2021	747.95	675.00	711.16
May-2021	816.65	595.25	732.60

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

Compare with others

Kaveri Seed Company Limited	R Systems International Limited
Mahalaxmi Rubtech Buyback	Rishiroop Limited Buyback
Star Cement Buyback	Mahalaxmi Rubtech Buyback
Gandhi Special Tubes Limited Buyback	Star Cement Buyback
Shriram Pistons & Rings Buyback	Gandhi Special Tubes Limited Buyback
Rsystems Buyback	Shriram Pistons & Rings Buyback
Balrampur Chini Mills Buyback	Kaveri Seed Buyback
Tanla Platforms Buyback	Balrampur Chini Mills Buyback
Infosys Buyback	Tanla Platforms Buyback
Welspun India Buyback	Infosys Buyback
Navneet Education Buyback	Welspun India Buyback

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