Comparison between Atul Limited Buyback and Sarda Energy & Minerals Buyback.
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 Ltd. | Sarda Energy & Minerals Ltd. | |||||||
|---|---|---|---|---|---|---|---|---|
| Logo |  |  | ||||||
| Type of Buyback | Open Market Through Stock Exchange | Tender Offer | ||||||
| Listing At | BSE, NSE | BSE, NSE | ||||||
| Face Value | ₹10 per share | ₹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 |
| |||||||
| Registrar | MUFG Intime India Pvt.Ltd. | Bigshare Services Pvt.Ltd. | ||||||
| Lead Managers | Vivro Financial Services Pvt.Ltd. | Hem Securities Ltd. | ||||||
| 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. |
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 Ltd. | Sarda Energy & Minerals Ltd. | |
|---|---|---|
| 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 |
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 Ltd. | Sarda Energy & Minerals Ltd. | ||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financial |
|
| |||||||||||||||||||||||||||||||||||||||||||||||||
| Stock price at BSE | Stock price at BSE (in preceding 3 months)
| Stock price at BSE (in preceding 3 months)
| |||||||||||||||||||||||||||||||||||||||||||||||||
| Stock price at NSE | Stock price at NSE (in preceding 3 months)
| Stock price at NSE (in preceding 3 months)
| |||||||||||||||||||||||||||||||||||||||||||||||||
