Goldiam International Buyback vs Star Cement Buyback

Comparision between Goldiam International Buyback and Star Cement Buyback.

Buyback Details

Goldiam International Buyback is a Tender Offer buyback proposed to list at BSE, NSE while Star Cement Buyback is a Tender Offer proposed to list at BSE, NSE.

Goldiam International Limited

Star Cement Limited

Logo

Type of Buyback

Tender Offer

Listing At

BSE, NSE

Face Value

₹10 per share

₹1 per share

Buyback Price

₹1200 per share

₹150 per share

Issue Size

3,80,000 shares

82,48,580 shares

Issue Size (Amount)

₹45.60 Crores

₹123.73 Crores

Buyback Ratio

Category	Entitlement Ratio of Buyback
Reserved Category for Small Shareholders	20 Equity Shares out of every 313 fully paid-up Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders	9 Equity Shares out of every 593 fully paid-up Equity Shares held on the Record Date.

Category	Entitlement Ratio of Buyback
Reserved Category for Small Shareholders	6 Equity Shares out of every 47 fully paid-up Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders	2 Equity Shares out of every 115 fully paid-up Equity Shares held on the Record Date.

Registrar

Link Intime India Private Ltd

Maheshwari Datamatics Pvt. Ltd

Lead Managers

Keynote Financial Services Ltd

Narnolia Financial Services Ltd

Necessity of the buyback

The Buyback aims to:
i) help the Company to distribute surplus cash to its shareholders holding Equity Shares broadly in proportion to their shareholding, thereby, enhancing the overall return to shareholders.
iii) in improving financial ratios like earnings per share and return on equity, by reducing the equity base of the Company.

The Buyback aims to :
i) Return surplus cash to the shareholders, thereby, optimizing returns to the shareholders and enhancing the overall shareholders’ value.
ii) Improve Return on Equity, Earnings per share, enhance return on invested capital, and thereby enhance shareholder value in the long term.
iii) The Buyback will help in optimizing the capital structure.

Buyback Timetable

Goldiam International Buyback and Star Cement Buyback buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. Goldiam International Buyback Buyback record date is Oct 27, 2021. Star Cement Buyback Buyback record date is Aug 26, 2021.

	Goldiam International Limited	Star Cement Limited
Record Date	Oct 27, 2021	Aug 26, 2021
Offer Open Date	Nov 26, 2021	Sep 22, 2021
Offer Closure Date	Dec 09, 2021	Oct 05, 2021
Last date for receipt of tender forms	Dec 09, 2021	Oct 07, 2021
Finalisation of buyback	Dec 17, 2021	Oct 13, 2021
Last Date for settlment of bids	Dec 20, 2021	Oct 14, 2021
Last Date for extinguishment of shares	Dec 27, 2021	Oct 21, 2021

Financial Details and Other Relevent Information

Comparison of Goldiam International Buyback and Star Cement Buyback financial data. The table below also includes a list of all relevant information like Stock Market Data, Compay Information, Lead Manager and Registrar.

Goldiam International Limited

Star Cement Limited

Financial

Summary of financial Information standalone)
Particulars	For the year/period ended (Rs. in Millions)
	31-Mar-21	31-Mar-20	31-Mar-19
Total Income	2,335.92	1,728.06	1,806.41
Profit After Tax	305.13	190.42	195.79

Summary of financial Information (standalone)
Particulars	For the year/period ended (Rs.in Crores)
	31-Mar-21	31-Mar-20	31-Mar-19
Total Income	1,685.16	1,801.33	1,734.88
Profit After Tax	157.27	218.70	255.89
Net Worth	1,268.45	1,111.17	1,044.87
Reserves and Surplus	1,227.20	1,069.93	1,002.95

Stock price at BSE

Stock price at BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Sep-2021	1074.00	710.80	861.61
Aug-2021	790.00	584.30	690.16
Jul-2021	620.00	441.00	554.36

Stock price at BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Jul-2021	119.00	107.00	111.73
Jun-2021	117.90	101.10	109.23
May-2021	115.00	98.00	106.07

Stock price at NSE

Stock price at NSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Sep-2021	1075.00	712.90	861.47
Aug-2021	789.00	595.00	690.09
Jul-2021	617.00	441.00	554.57

Stock price at NSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Jul-2021	119.25	106.85	111.76
Jun-2021	117.95	101.05	109.30
May-2021	115.30	99.80	106.24

Compare with others

Goldiam International Limited	Star Cement Limited
MOIL Buyback	Nucleus Software Buyback
MPS Buyback	Goldiam International Buyback
AksharChem India Buyback	eClerx Services Limited Buyback
S H Kelkar Buyback	Rishiroop Limited Buyback
Nucleus Software Buyback	Mahalaxmi Rubtech Buyback
eClerx Services Limited Buyback	Gandhi Special Tubes Limited Buyback
Rishiroop Limited Buyback	Shriram Pistons & Rings Buyback
Mahalaxmi Rubtech Buyback	Rsystems Buyback
Star Cement Buyback	Kaveri Seed Buyback
Gandhi Special Tubes Limited Buyback	Balrampur Chini Mills Buyback

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