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Rishiroop Limited Buyback vs S H Kelkar Buyback

Comparison between Rishiroop Limited Buyback and S H Kelkar Buyback.

Buyback Details

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

 Rishiroop Ltd.S H Kelkar and Company Ltd.
LogoRishiroop Limited Buyback LogoS H Kelkar Buyback Logo
Type of BuybackTender OfferTender Offer
Listing AtBSEBSE, NSE
Face Value₹10 per share₹10 per share
Buyback Price₹125 per share₹210 per share
Issue Size6,40,000 shares29,00,000 shares
Issue Size (Amount)₹8.00 Crores₹60.90 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 17 fully paid-up Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders 2 Equity Shares out of every 109 fully paid-up Equity Shares held on the Record Date.
RegistrarMUFG Intime India Pvt.Ltd.MUFG Intime India Pvt.Ltd.
Lead ManagersInga Ventures Pvt.Ltd.Keynote Financial Services Ltd.
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) Reward the shareholders.
ii) Optimize the capital structure

Buyback Timetable

Rishiroop Limited Buyback and S H Kelkar 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. S H Kelkar Buyback Buyback record date is Nov 12, 2021.

 Rishiroop Ltd.S H Kelkar and Company Ltd.
Record DateSep 09, 2021Nov 12, 2021
Offer Open DateOct 05, 2021Dec 15, 2021
Offer Closure DateOct 20, 2021Dec 28, 2021
Last date for receipt of tender formsOct 22, 2021Dec 28, 2021
Finalisation of buybackOct 28, 2021Jan 05, 2022
Last Date for settlment of bidsOct 29, 2021Jan 06, 2022
Last Date for extinguishment of sharesNov 05, 2021Jan 13, 2022

Financial Details and Other Relevent Information

Comparison of Rishiroop Limited Buyback and S H Kelkar 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 Ltd.S H Kelkar and Company Ltd.
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)
30-Sep-21 (Unaudited) 31-Mar-21 31-Mar-20 31-Mar-19
Total Income 3,724.90 7,954.40 7,290.00 7,129.20
Profit After Tax 155.90 797.10 319.20 449.70
Net Worth 6,403.70 6,349.70 5,687.30 5,965.50
Reserves and Surplus 4,990.50 4,936.50 4,274.10 4,519.30
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
Oct-2021 167.90 142.20 155.30
Sep-2021 175.10 145.20 162.20
Aug-2021 182.00 134.85 155.11
Stock price at NSE

Stock price at NSE (in preceding 3 months)

Month High Price Low Price Average Price
Oct-2021 166.40 142.00 155.28
Sep-2021 175.50 148.25 162.27
Aug-2021 182.20 135.00 155.10

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Rishiroop Limited Buyback and S H Kelkar Buyback