Comparison between Quick Heal Technologies Buyback 2022 and Suraj Limited Buyback.
Quick Heal Technologies Buyback 2022 is a Tender Offer buyback proposed to list at BSE, NSE while Suraj Limited Buyback is a Tender Offer proposed to list at BSE.
| Quick Heal Technologies Ltd. | Suraj Ltd. | |||||||||||||
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| Logo |  |  | ||||||||||||
| Type of Buyback | Tender Offer | Tender Offer | ||||||||||||
| Listing At | BSE, NSE | BSE | ||||||||||||
| Face Value | ₹10 per share | ₹10 per share | ||||||||||||
| Buyback Price | ₹300 per share | ₹77 per share | ||||||||||||
| Issue Size | 50,00,000 shares | 9,00,000 shares | ||||||||||||
| Issue Size (Amount) | ₹150.00 Crores | ₹6.93 Crores | ||||||||||||
| Buyback Ratio |
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| Registrar | MUFG Intime India Pvt.Ltd. | Bigshare Services Pvt.Ltd. | ||||||||||||
| Lead Managers | Ambit Pvt.Ltd. | Beeline Capital Advisors Pvt.Ltd. | ||||||||||||
| Necessity of the buyback | The Buyback is being undertaken for the following reasons: 1. The Buyback will help the Company to distribute surplus cash to its shareholders holding Equity Shares thereby enhancing the overall return for them. 2. The Buyback is generally expected to improve return on equity through distribution of cash and improve earnings per share by reduction in the equity base of the Company, thereby leading to long term increase in shareholders' value | The buyback is being undertaken for the following reasons:
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Quick Heal Technologies Buyback 2022 and Suraj Limited Buyback buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. Quick Heal Technologies Buyback 2022 Buyback record date is Sep 14, 2022. Suraj Limited Buyback Buyback record date is Aug 20, 2022.
| Quick Heal Technologies Ltd. | Suraj Ltd. | |
|---|---|---|
| Record Date | Sep 14, 2022 | Aug 20, 2022 |
| Offer Open Date | Oct 04, 2022 | Sep 14, 2022 |
| Offer Closure Date | Oct 18, 2022 | Sep 27, 2022 |
| Last date for receipt of tender forms | Oct 18, 2022 | Sep 27, 2022 |
| Finalisation of buyback | Oct 28, 2022 | Oct 06, 2022 |
| Last Date for settlment of bids | Oct 31, 2022 | Oct 07, 2022 |
| Last Date for extinguishment of shares | Nov 07, 2022 | Oct 14, 2022 |
Comparison of Quick Heal Technologies Buyback 2022 and Suraj Limited Buyback financial data. The table below also includes a list of all relevant information like Stock Market Data, Compay Information, Lead Manager and Registrar.
| Quick Heal Technologies Ltd. | Suraj Ltd. | ||||||||||||||||||||||||||||||||||||||||||||||
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| Stock price at BSE | Stock price at BSE (in preceding 3 months)
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| Stock price at NSE | Stock price at NSE (in preceding 3 months)
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