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Nava Bharat Ventures Buyback vs Savita Oil Buyback

Comparision between Nava Bharat Ventures Buyback and Savita Oil Buyback.

Buyback Details

Nava Bharat Ventures Buyback is a Open Market Through Stock Exchange buyback proposed to list at BSE, NSE while Savita Oil Buyback is a Tender Offer proposed to list at BSE, NSE.

  Nava Bharat Ventures Limited Savita Oil Technologies Limited
Logo Nava Bharat Ventures Buyback Logo Savita Oil Buyback Logo
Type of Buyback Open Market Through Stock Exchange Tender Offer
Listing At BSE, NSE BSE, NSE
Face Value ₹2 per share ₹10 per share
Buyback Price ₹100 per share ₹1400 per share
Issue Size 2,51,000 shares
Issue Size (Amount) ₹150.00 Crores ₹35.14 Crores
Buyback Ratio
Category Entitlement Ratio of Buyback
Reserved Category for Small Shareholders 1 Equity Shares out of every 21 Equity Shares held on the Record Date
General Category for all other Eligible Shareholders 1 Equity Shares out of every 62 Equity Shares held on the Record Date
Registrar Kfin Technologies Limited Link Intime India Private Ltd
Lead Managers Akasam Consulting Private Limited Iti Capital Ltd
Necessity of the buyback

The Buyback is undertaken by the Company to:
(i) Optimize returns to shareholders.
(ii) Enhance overall shareholder's value.
(iii) Return surplus cash to the shareholders.
(iv) To improve return on equity.

The Buy-back is being undertaken by the Company to:
i) To enhance the equity shareholders returns; and
ii) To improve financial ratios like earnings per share, return on equity, by reduction in the equity base.

Buyback Timetable

Nava Bharat Ventures Buyback and Savita Oil Buyback buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. Nava Bharat Ventures Buyback Buyback record date is . Savita Oil Buyback Buyback record date is Mar 05, 2021.

  Nava Bharat Ventures Limited Savita Oil Technologies Limited
Record Date Mar 05, 2021
Offer Open Date Mar 10, 2021 Apr 15, 2021
Offer Closure Date Sep 09, 2021 Apr 29, 2021
Last date for receipt of tender forms May 03, 2021
Finalisation of buyback May 07, 2021
Last Date for settlment of bids May 10, 2021
Last Date for extinguishment of shares May 17, 2021

Financial Details and Other Relevent Information

Comparison of Nava Bharat Ventures Buyback and Savita Oil Buyback financial data. The table below also includes a list of all relevant information like Stock Market Data, Compay Information, Lead Manager and Registrar.

  Nava Bharat Ventures Limited Savita Oil Technologies Limited
Financial
Summary of financial Information (standalone)
Particulars For the year/period ended (Rs. in Millions)
31-Mar-20 31-Mar-19 31-Mar-18
Total Income 11,322.08 14,377.77 13,551.17
Profit After Tax 1,310.11 1,661.89 1,615.58
Net Worth 29,677.11 29,255.77 27,869.75
Summary of financial Information (Standalone)
Particulars For the year/period ended (Rs. in Lakhs)
31-Mar-20 31-Mar-19 31-Mar-18
Total Income 2,05,778.42 2,28,091.73 1,83,418.04
Profit After Tax 9,564.24 11,427.01 12,619.59
Net Worth 86,858.47 85,160.48 74,230.93
Stock price at BSE

Stock price at BSE (in preceding 3 months)

Month High Price Low Price Average Price
Feb-2021 76.25 57.25 66.22
Jan-2021 64.71 57.10 61.99
Dec-2021 68.85 50.20 60.70

Stock price at BSE (in preceding 3 months)

Month High Price Low Price Average Price
Jan-2021 745.00 655.10 700.14
Dec-2020 800.00 695.00 724.13
Nov-2020 784.00 670.00 688.31
Stock price at NSE

Stock price at NSE (in preceding 3 months)

Month High Price Low Price Average Price
Feb-2021 76.20 57.15 65.86
Jan-2021 64.75 57.20 62.03
Dec-2021 68.45 50.20 60.87

Stock price at NSE (in preceding 3 months)

Month High Price Low Price Average Price
Jan-2021 742.00 655.00 699.84
Dec-2020 845.70 691.00 723.66
Nov-2020 790.00 664.95 689.62

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