Atul Limited Buyback vs Sarda Energy & Minerals Buyback

Comparision between Atul Limited Buyback and Sarda Energy & Minerals Buyback.

Buyback Details

Atul Limited Buyback is a Open Market Through Stock Exchange buyback proposed to list at BSE, NSE while Sarda Energy & Minerals Buyback is a Tender Offer proposed to list at BSE, NSE.

Atul Limited

Sarda Energy & Minerals Limited

Logo

Type of Buyback

Open Market Through Stock Exchange

Tender Offer

Listing At

BSE, NSE

Face Value

₹10 per share

Buyback Price

₹11000 per share

₹1500 per share

Issue Size

8,11,108 shares

Issue Size (Amount)

₹70.00 Crores

₹121.67 Crores

Buyback Ratio

Category	Entitlement Ratio of Buyback
Reserved Category for Small Shareholders	101 Equity Share out of every 823 Fully paid-up Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders	6 Equity Share out of every 299 Fully paid-up Equity Shares held on the Record Date.

Registrar

Link Intime India Private Ltd

Bigshare Services Pvt Ltd

Lead Managers

Vivro Financial Services Private Limited

Hem Securities Limited

Necessity of the buyback

The Buy-back aims to:

1. Return surplus funds to the equity shareholders of the Company.

2. Improve earnings per share by reducing the equity base, thereby leading to a long-term increase in the value of shareholders.

The buyback is being undertaken for the following reasons:

1. The Buyback will help the company to distribute surplus cash to its shareholders holding Equity shares broadly to the proportion of their shareholding, thereby, enhancing the overall return to shareholders.

2. The Buyback would help in improving financial ratios like earnings per share and return on equity, by reducing the equity base of the company.

Buyback Timetable

Atul Limited Buyback and Sarda Energy & Minerals Buyback buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. Atul Limited Buyback Buyback record date is . Sarda Energy & Minerals Buyback Buyback record date is May 06, 2022.

	Atul Limited	Sarda Energy & Minerals Limited
Record Date		May 06, 2022
Offer Open Date	Apr 07, 2022	Jun 02, 2022
Offer Closure Date	May 09, 2022	Jun 15, 2022
Last date for receipt of tender forms		Jun 15, 2022
Finalisation of buyback		Jun 24, 2022
Last Date for settlment of bids		Jun 27, 2022
Last Date for extinguishment of shares		Jul 04, 2022

Financial Details and Other Relevent Information

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

Atul Limited

Sarda Energy & Minerals Limited

Financial

Summary of financial Information (Consolidated)
Particulars	For the year/period ended (Rs. in Crores)
	31-Mar-21	31-Mar-20	31-Mar-19
Total Income	3,834.45	4,171.10	4,072.67
Profit After Tax	660.02	670.91	436.02
Net Worth	3,826.52	3,154.90	2,705.71

Summary of financial Information (standalone)
Particulars	For the year/period ended (Rs. in Crores)
	31-Dec-21	31-Mar-21	31-Mar-20	31-Mar-19
Total Income	2,871.85	2,343.27	1983.22	2340.74
Profit After Tax	603.52	376.42	135.54	207.13
Net Worth	2,789.34	2221.25	1867.39	1743.43
Reserves and Surplus	2,753.29	2185.20	1831.34	1707.38

Stock price at BSE

Stock price at BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Feb-2022	9852.10	8627.90	9361.13
Jan-2022	10859.00	8966.80	9709.73
Dec-2021	9121.75	8302.30	8787.72

Stock price at BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Mar-2022	1195.60	847.70	1058.66
Feb-2022	959.45	730.00	843.03
Jan-2022	875.00	758.00	807.21

Stock price at NSE

Stock price at NSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Feb-2022	9899.95	8622.05	9359.34
Jan-2022	10856.80	8964.05	9714.97
Dec-2021	9124.70	8313.45	8784.29

Stock price at NSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Mar-2022	1197.60	845.05	1059.86
Feb-2022	960.00	727.05	843.90
Jan-2022	877.00	756.80	807.47

Compare with others

Atul Limited	Sarda Energy & Minerals Limited
Sinclairs Hotels Buyback	Motilal Oswal Financial Services Buyback
Sarda Energy & Minerals Buyback	Matrimony.com Buyback
UPL Limited Buyback 2022	SMC Global Securities Buyback
GAIL (India) Buyback	IndiaMART InterMESH Buyback
Filatex India Buyback	Sinclairs Hotels Buyback
Pennar Industries Buyback	UPL Limited Buyback 2022
Gulf Oil Lubricants Buyback Feb 22	GAIL (India) Buyback
FDC Buyback	Filatex India Buyback
K.P.R Mill Buyback	Atul Limited Buyback
Mayur Uniquoters Buyback	Pennar Industries Buyback

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