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Control Print (India) Buyback 2023 vs Siyaram Silk Mills Buyback 2023

Comparision between Control Print (India) Buyback 2023 and Siyaram Silk Mills Buyback 2023.

Buyback Details

Control Print (India) Buyback 2023 is a Tender Offer buyback proposed to list at BSE, NSE while Siyaram Silk Mills Buyback 2023 is a Tender Offer proposed to list at BSE, NSE.

  Control Print (India) Limited Siyaram Silk Mills Limited
Logo Control Print (India) Buyback 2023 Logo Siyaram Silk Mills Buyback 2023 Logo
Type of Buyback Tender Offer Tender Offer
Listing At BSE, NSE BSE, NSE
Face Value ₹10 per share ₹2 per share
Buyback Price ₹800 per share ₹720 per share
Issue Size 3,37,500 shares 14,99,992 shares
Issue Size (Amount) ₹27.00 Crores ₹108.00 Crores
Buyback Ratio
CategoryEntitlement Ratio of BuybackShares Offered
Reserved Category for Small Shareholders4 Equity Shares out of every 95 Fully paid-up Equity Shares held on the Record Date.50,625.00
General Category for all other Eligible Shareholders1 Equity Shares out of every 53 Fully paid-up Equity Shares held on the Record Date.286,875.00
CategoryEntitlement Ratio of BuybackShares Offered
Reserved Category for Small Shareholders53 Equity Shares out of every 457 Fully paid-up Equity Shares held on the Record Date.224,999.00
General Category for all other Eligible Shareholders21 Equity Shares out of every 739 Fully paid-up Equity Shares held on the Record Date.1,274,993.00
Registrar Bigshare Services Pvt Ltd Link Intime India Private Ltd
Lead Managers Keynote Financial Services Ltd Vivro Financial Services Private Limited
Necessity of the buyback

The Buy Back is being proposed by the Company to fulfill the following objectives:

  1. The Buyback will help the company to improve financial ratios like EPS and ROE, by reducing the equity base of the company, and thereby enhancing the overall return to shareholders.
  2. The Buyback gives an option to the shareholders holding Equity Shares of the company, either to sell their Equity Shares and receive cash or not to sell their Equity Shares and get a resultant increase in their percentage shareholding, post the Buyback offer, without additional investment.
  3. The Buyback, which is being implemented through the tender offer as prescribed under the Buyback Regulations, would involve a minimum reservation of 15% for Small Shareholders and allocation of a higher number of shares as per their entitlement or 15% of the number of shares to be bought back, reserved for the Small Shareholders. The company believes that this reservation for Small Shareholders would benefit a large number of public shareholders, who would get classified as Small Shareholders.

The Buy Back is being proposed by the Company to fulfill the following objectives:

  1. The Buy Back will help the Company to return surplus cash to its shareholders.
  2. The Buy Back, which is being implemented through the tender offer involving a reservation for Small Shareholders of 15%. The Company believes that this reservation of 15% for Small Shareholders would benefit a large number of public shareholders.
  3. The Buy-back will help in improving financial ratios like earnings per share, return on assets, and return on equity calculated on the basis of financial statements, by reducing the equity base of the Company.
  4. The Buy Back gives an option to the shareholders holding Equity Shares of the Company, to either choose to participate and get cash in lieu of Equity Shares or choose not to participate and enjoy a resultant increase in their percentage shareholding.

Buyback Timetable

Control Print (India) Buyback 2023 and Siyaram Silk Mills Buyback 2023 buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. Control Print (India) Buyback 2023 Buyback record date is Aug 18, 2023. Siyaram Silk Mills Buyback 2023 Buyback record date is Sep 18, 2023.

  Control Print (India) Limited Siyaram Silk Mills Limited
Record Date Aug 18, 2023 Sep 18, 2023
Offer Open Date Aug 24, 2023 Sep 25, 2023
Offer Closure Date Aug 30, 2023 Oct 03, 2023
Last date for receipt of tender forms Aug 30, 2023 Oct 03, 2023
Finalisation of buyback Sep 05, 2023 Oct 09, 2023
Last Date for settlment of bids Sep 06, 2023 Oct 10, 2023
Last Date for extinguishment of shares Sep 15, 2023 Oct 19, 2023

Financial Details and Other Relevent Information

Comparison of Control Print (India) Buyback 2023 and Siyaram Silk Mills Buyback 2023 financial data. The table below also includes a list of all relevant information like Stock Market Data, Compay Information, Lead Manager and Registrar.

  Control Print (India) Limited Siyaram Silk Mills Limited
Financial
Control Print (India) Buyback 2023 Financial Information (Restated Consolidated)
Period Ended31 Mar 201931 Mar 202031 Mar 202131 Mar 202231 Mar 2023
Assets251.12256.36290.07323.65374.03
Revenue175.43196.06204.21258.49308.15
Profit After Tax29.7526.3429.0540.1052.85
Net Worth
Reserves and Surplus
Total Borrowing
Amount in ₹ Crore
Siyaram Silk Mills Buyback 2023 Financial Information (Restated Consolidated)
Period Ended31 Mar 202031 Mar 202131 Mar 202231 Mar 2023
Assets1,503.231,210.491,512.901,636.73
Revenue1,733.111,130.091,939.422,272.77
Profit After Tax69.253.58216.24250.99
Net Worth
Reserves and Surplus
Total Borrowing431.83160.46253.18190.94
Amount in ₹ Crore
Stock price at BSE

Stock price at BSE (in preceding 3 months)

Month High Price Low Price Average Price
Jul-2023 673.35 619.65 650.05
Jun-2023 656.15 610.25 638.47
May-2023 635.20 568.90 598.40

Stock price at BSE (in preceding 3 months)

Month High Price Low Price Average Price
Jul-2023 575.00 534.90 553.43
Jun-2023 567.30 519.35 541.40
May-2023 584.55 486.60 529.33
Stock price at NSE

Stock price at NSE (in preceding 3 months)

Month High Price Low Price Average Price
Jul-2023 674.00 619.45 650.30
Jun-2023 656.70 609.90 638.95
May-2023 635.35 569.55 598.75

Stock price at NSE (in preceding 3 months)

Month High Price Low Price Average Price
Jul-2023 575.00 534.10 553.40
Jun-2023 567.70 519.00 541.55
May-2023 584.60 486.95 529.34

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