Navneet Education Buyback vs SIS Buyback

Comparison between Navneet Education Buyback and SIS Buyback.

Buyback Details

Navneet Education Buyback is a Open Market Through Stock Exchange buyback proposed to list at BSE, NSE while SIS Buyback is a Tender Offer proposed to list at BSE, NSE.

 Navneet Education Ltd.SIS Ltd.
LogoNavneet Education Buyback LogoSIS Buyback Logo
Type of BuybackOpen Market Through Stock ExchangeTender Offer
Listing AtBSE, NSEBSE, NSE
Face Value₹2 per share₹5 per share
Buyback Price₹100 per share₹550 per share
Issue Size18,18,181 shares
Issue Size (Amount)₹50.00 Crores₹100.00 Crores
Buyback Ratio
Category Entitlement Ratio of Buyback
Reserved Category for Small Shareholders 9 Equity Shares out of every 91 Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders 6 Equity Shares out of every 565 Equity Shares held on the Record Date.
RegistrarMUFG Intime India Pvt.Ltd.MUFG Intime India Pvt.Ltd.
Lead ManagersInga Ventures Pvt.Ltd.ICICI Securities Ltd.
Necessity of the buyback

The Buyback aims to :
i) Return surplus cash to the shareholders and enhance overall return to the shareholders.
ii) Improve Return on Equity and Earnings per share and thereby enhance shareholder value in the long term.

The Buyback aims to :
i) Return surplus cash to the shareholders and enhance overall return to the shareholders.
ii) Improve Return on Equity to enhance shareholder value in the long term.
iii) Improve Earnings per equity share and thus thereby enhance return on invested capital.

Buyback Timetable

Navneet Education Buyback and SIS Buyback buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. Navneet Education Buyback Buyback record date is . SIS Buyback Buyback record date is Apr 09, 2021.

 Navneet Education Ltd.SIS Ltd.
Record DateApr 09, 2021
Offer Open DateJun 07, 2021May 12, 2021
Offer Closure DateDec 06, 2021May 27, 2021
Last date for receipt of tender formsMay 29, 2021
Finalisation of buybackJun 04, 2021
Last Date for settlment of bidsJun 07, 2021
Last Date for extinguishment of sharesJun 14, 2021

Financial Details and Other Relevent Information

Comparison of Navneet Education Buyback and SIS Buyback financial data. The table below also includes a list of all relevant information like Stock Market Data, Compay Information, Lead Manager and Registrar.

 Navneet Education Ltd.SIS Ltd.
Financial
Summary of financial Information (consolidated)
Particulars For the year/period ended (Rs. in Millions)
31-Mar-21 31-Mar-20 31-Mar-19
Total Income 8,482.20 15,344.70 1,4619.30
Profit After Tax 559.10 1,972.40 1,528.20
Net Worth 9,343.90 8,784.70 7,916.00
Summary of financial Information (consolidated)
Particulars For the year/period ended (Rs. in Millions)
31-Mar-20 31-Mar-19 31-Mar-18
Total Income 30,407.96 25,250.05 21,426.48
Profit After Tax 863.28 1,192.61 730.11
Net Worth 7,579.71 7,284.10 6,064.51
Stock price at BSE

Stock price at BSE (in preceding 3 months)

Month High Price Low Price Average Price
Apr-2021 85.10 72.85 77.53
Mar-2021 95.10 79.50 85.15
Feb-2021 91.80 80.00 84.09

Stock price at BSE (in preceding 3 months)

Month High Price Low Price Average Price
Mar-2021 435.00 401.00 418.04
Feb-2021 465.00 396.05 421.39
Jan-2021 436.00 376.95 411.66
Stock price at NSE

Stock price at NSE (in preceding 3 months)

Month High Price Low Price Average Price
Apr-2021 85.20 73.25 77.47
Mar-2021 95.20 79.45 85.16
Feb-2021 91.00 80.35 84.10

Stock price at NSE (in preceding 3 months)

Month High Price Low Price Average Price
Mar-2021 435.30 400.10 417.97
Feb-2021 459.00 396.05 421.05
Jan-2021 433.75 385.00 411.73

Compare with others

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Navneet Education Buyback and SIS Buyback