Comparison between NIIT Buyback and Suprajit Engineering Buyback.
NIIT Buyback is a Tender Offer buyback proposed to list at BSE, NSE while Suprajit Engineering Buyback is a Tender Offer proposed to list at BSE, NSE.
| NIIT Ltd. | Suprajit Engineering Ltd. | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Logo |  |  | ||||||||||||
| Type of Buyback | Tender Offer | Tender Offer | ||||||||||||
| Listing At | BSE, NSE | BSE, NSE | ||||||||||||
| Face Value | ₹2 per share | ₹1 per share | ||||||||||||
| Buyback Price | ₹240 per share | ₹320 per share | ||||||||||||
| Issue Size | 98,75,000 shares | 15,00,000 shares | ||||||||||||
| Issue Size (Amount) | ₹237.00 Crores | ₹48.00 Crores | ||||||||||||
| Buyback Ratio |
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| Registrar | MUFG Intime India Pvt.Ltd. | Integrated Registry Management Services Pvt.Ltd. | ||||||||||||
| Lead Managers | JM Financial Ltd. | Capital Square Advisors Pvt.Ltd. | ||||||||||||
| Necessity of the buyback |
The Buyback is being undertaken by the Company to:
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The Buy-back is being undertaken by the Company to:
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NIIT Buyback and Suprajit Engineering Buyback buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. NIIT Buyback Buyback record date is Feb 24, 2021. Suprajit Engineering Buyback Buyback record date is Feb 22, 2021.
| NIIT Ltd. | Suprajit Engineering Ltd. | |
|---|---|---|
| Record Date | Feb 24, 2021 | Feb 22, 2021 |
| Offer Open Date | Apr 12, 2021 | Apr 08, 2021 |
| Offer Closure Date | Apr 28, 2021 | Apr 26, 2021 |
| Last date for receipt of tender forms | Apr 30, 2021 | Apr 28, 2021 |
| Finalisation of buyback | May 06, 2021 | May 04, 2021 |
| Last Date for settlment of bids | May 07, 2021 | May 05, 2021 |
| Last Date for extinguishment of shares | May 14, 2021 | May 12, 2021 |
Comparison of NIIT Buyback and Suprajit Engineering Buyback financial data. The table below also includes a list of all relevant information like Stock Market Data, Compay Information, Lead Manager and Registrar.
| NIIT Ltd. | Suprajit Engineering Ltd. | |||||||||||||||||||||||||||||||||||||||||
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| Financial |
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| Stock price at BSE | Stock price at BSE (in preceding 3 months)
| Stock price at BSE (in preceding 3 months)
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| Stock price at NSE | Stock price at NSE (in preceding 3 months)
| Stock price at NSE (in preceding 3 months)
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