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Pennar Industries Buyback vs UPL Limited Buyback 2022

Comparision between Pennar Industries Buyback and UPL Limited Buyback 2022.

Buyback Details

Pennar Industries Buyback is a Open Market Through Stock Exchange buyback proposed to list at BSE, NSE while UPL Limited Buyback 2022 is a Open Market Through Stock Exchange proposed to list at BSE, NSE.

  Pennar Industries Limited UPL Limited
Logo Pennar Industries Buyback Logo UPL Limited Buyback 2022 Logo
Type of Buyback Open Market Through Stock Exchange Open Market Through Stock Exchange
Listing At BSE, NSE BSE, NSE
Face Value ₹5 per share ₹2 per share
Buyback Price ₹50 per share ₹875 per share
Issue Size
Issue Size (Amount) ₹40.00 Crores ₹1,100.00 Crores
Buyback Ratio
Registrar Kfin Technologies Limited Link Intime India Private Ltd
Lead Managers Finshore Management Services Limited Jm Financial Limited
Necessity of the buyback

The buyback aims to utilize the net proceeds towards the following objectives:

  • To increase the earnings per share (EPS) over a period of time.
  • To effectively utilize available cash, and
  • To improve key return ratios like return on net worth, return on assets, etc.

The objective of the Buyback is to:

1. Improve return on equity, by a reduction in the equity base, thereby leading to a long term increase in Shareholders' value.

Buyback Timetable

Pennar Industries Buyback and UPL Limited Buyback 2022 buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. Pennar Industries Buyback Buyback record date is . UPL Limited Buyback 2022 Buyback record date is .

  Pennar Industries Limited UPL Limited
Record Date
Offer Open Date Mar 23, 2022 Apr 07, 2022
Offer Closure Date Sep 22, 2022 May 20, 2022
Last date for receipt of tender forms
Finalisation of buyback
Last Date for settlment of bids
Last Date for extinguishment of shares

Financial Details and Other Relevent Information

Comparison of Pennar Industries Buyback and UPL Limited 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.

  Pennar Industries Limited UPL Limited
Financial
Summary of financial Information (Consolidated)
Particulars For the year/period ended (Rs. in Millions)
31-Mar-21 31-Mar-20 31-Mar-19
Total Income 15,440.10 21,268.30 21,598.50
Profit After Tax 28.40 534.00 666.60
Net Worth 6,958.30 7,003.30 6,674.90
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 11,458 10,147 9,220
Profit After Tax 220 461 405
Net Worth 7,786 8,024 7,972
Stock price at BSE

Stock price at BSE (in preceding 3 months)

Month High Price Low Price Average Price
Feb-2022 45.85 31.85 39.85
Jan-2022 45.75 34.00 38.69
Dec-2021 35.85 27.65 31.21

Stock price at BSE (in preceding 3 months)

Month High Price Low Price Average Price
Oct-2021 761.75 686.15 727.60
Nov-2021 794.35 679.00 737.16
Dec-2021 767.00 681.85 734.65
Stock price at NSE

Stock price at NSE (in preceding 3 months)

Month High Price Low Price Average Price
Feb-2022 45.75 31.70 39.87
Jan-2022 45.85 33.95 38.69
Dec-2021 35.95 27.80 31.21

Stock price at NSE (in preceding 3 months)

Month High Price Low Price Average Price
Oct-2021 762.00 686.25 727.39
Nov-2021 794.00 678.55 736.82
Dec-2021 767.70 681.55 734.69

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