Comparison between Jagran Prakashan Buyback 2022 and Triveni Engineering Buyback 2022.
Jagran Prakashan Buyback 2022 is a Tender Offer buyback proposed to list at BSE, NSE while Triveni Engineering Buyback 2022 is a Tender Offer proposed to list at BSE, NSE.
| Jagran Prakashan Ltd | Triveni Engineering and Industries 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 | ₹75 per share | ₹350 per share | |||||||||
| Issue Size | 4,60,00,000 shares | 2,28,57,142 shares | |||||||||
| Issue Size (Amount) | ₹345.00 Crores | ₹800.00 Crores | |||||||||
| Buyback Ratio |
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| Registrar | Kfin Technologies Ltd. | Kfin Technologies Ltd. | |||||||||
| Lead Managers | Ernst & Young Merchant Banking Services LLP | Ambit Pvt.Ltd. | |||||||||
| Necessity of the buyback | The Buyback is being undertaken for the following reasons:
| The Buyback is being undertaken for the following reasons: 1. The Buyback will help the Company distribute surplus cash to its shareholders holding Equity Shares and promote capital efficiency, thereby increasing shareholders' value and improving return on equity. 2. The Company's dividend pay-out trend and cash reserves, the Company considers appropriate to return surplus funds to the shareholders effectively and efficiently. |
Jagran Prakashan Buyback 2022 and Triveni Engineering Buyback 2022 buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. Jagran Prakashan Buyback 2022 Buyback record date is Jan 06, 2023. Triveni Engineering Buyback 2022 Buyback record date is Dec 23, 2022.
| Jagran Prakashan Ltd | Triveni Engineering and Industries Ltd. | |
|---|---|---|
| Record Date | Jan 06, 2023 | Dec 23, 2022 |
| Offer Open Date | Mar 02, 2023 | Feb 16, 2023 |
| Offer Closure Date | Mar 16, 2023 | Mar 01, 2023 |
| Last date for receipt of tender forms | Mar 18, 2023 | Mar 01, 2023 |
| Finalisation of buyback | Mar 24, 2023 | Mar 10, 2023 |
| Last Date for settlment of bids | Mar 27, 2023 | Mar 13, 2023 |
| Last Date for extinguishment of shares | Apr 03, 2023 | Mar 20, 2023 |
Comparison of Jagran Prakashan Buyback 2022 and Triveni Engineering Buyback 2022 financial data. The table below also includes a list of all relevant information like Stock Market Data, Compay Information, Lead Manager and Registrar.
| Jagran Prakashan Ltd | Triveni Engineering and Industries 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)
| Stock price at NSE (in preceding 3 months)
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