NALCO Buyback vs VRL Logistics Buyback

Comparision between NALCO Buyback and VRL Logistics Buyback.

Buyback Details

NALCO Buyback is a Tender Offer buyback proposed to list at BSE, NSE while VRL Logistics Buyback is a Open Market Through Stock Exchange proposed to list at BSE, NSE.

National Aluminium Company Limited

VRL Logistics Limited

Logo

Type of Buyback

Tender Offer

Open Market Through Stock Exchange

Listing At

BSE, NSE

Face Value

₹5 per share

₹10 per share

Buyback Price

₹57.5 per share

₹300 per share

Issue Size

13,02,79,083 shares

Issue Size (Amount)

₹749.10 Crores

₹60.00 Crores

Buyback Ratio

Category	Entitlement Ratio of Buyback
Reserved Category for Small Shareholders	23 Equity Shares out of every 195 Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders	37 Equity Shares out of every 568 Equity Shares held on the Record Date.

Registrar

Kfin Technologies Limited

Lead Managers

Idbi Capital Market Services Limited

ICICI Securities Limited

Necessity of the buyback

The Buy-back is being undertaken by the Company to:
i) Optimize the capital structure; and
ii) Improve return on equity, by reduction in the equity base.

The Buyback will help the Company achieve the following objectives:
i) Optimize returns to shareholders;
ii) Enhance overall shareholders’ value; and
iii) Improve return on equity by reduction in the equity base.

Buyback Timetable

NALCO Buyback and VRL Logistics Buyback buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. NALCO Buyback Buyback record date is Feb 08, 2021. VRL Logistics Buyback Buyback record date is .

	National Aluminium Company Limited	VRL Logistics Limited
Record Date	Feb 08, 2021
Offer Open Date	Feb 25, 2021	Feb 17, 2021
Offer Closure Date	Mar 10, 2021	Aug 16, 2021
Last date for receipt of tender forms	Mar 12, 2021
Finalisation of buyback	Mar 16, 2021
Last Date for settlment of bids	Mar 17, 2021
Last Date for extinguishment of shares	Mar 19, 2021

Financial Details and Other Relevent Information

Comparison of NALCO Buyback and VRL Logistics Buyback financial data. The table below also includes a list of all relevant information like Stock Market Data, Compay Information, Lead Manager and Registrar.

National Aluminium Company Limited

VRL Logistics Limited

Financial

Summary of financial Information (Consolidated)
Particulars	For the year/period ended (Rs in Crores)
	31-Mar-20	31-Mar-19	31-Mar-18
Total Income	8,742.42	11,826.48	9,917.74
Profit After Tax	136.23	1,733.69	1,342.19
Net Worth	9,986.50	10,484.94	10,503.95

Summary of financial Information (standalone)
Particulars	For the year/period ended (Rs. in Millions)
	31-Mar-20	31-Mar-19	31-Mar-18
Total Income	21,288.56	21,174.68	19,365.50
Profit After Tax	901.14	919.16	925.64
Net Worth	6,168.69	6,459.38	5,932.19

Stock price at BSE

Stock price at BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Dec-2020	45.00	37.40	42.04
Nov-2020	40.20	29.95	34.63
Oct-2020	33.30	29.15	30.80

Stock price at BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Jan-2021	214.00	165.00	196.03
Dec-2020	214.00	171.80	197.27
Nov-2020	192.60	149.00	166.31

Stock price at NSE

Stock price at NSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Dec-2020	45.00	37.35	42.06
Nov-2020	40.20	29.95	34.63
Oct-2020	33.30	29.10	30.78

Stock price at NSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Jan-2021	209.70	179.25	196.00
Dec-2020	214.25	171.75	197.31
Nov-2020	193.05	149.00	166.32

Compare with others

National Aluminium Company Limited	VRL Logistics Limited
Bharat Rasayan Buyback	Nava Bharat Ventures Buyback
Jagran Prakashan Buyback	Indian Toners & Developers Buyback
Nava Bharat Ventures Buyback	Gail India Buyback
Indian Toners & Developers Buyback	NALCO Buyback
Gail India Buyback	Neelamalai Agro Buyback
Neelamalai Agro Buyback	Anup Engineering Buyback
VRL Logistics Buyback	Atul Buyback
Anup Engineering Buyback	Freshtrop Fruits Buyback
Atul Buyback	Archidply Industries Buyback
Freshtrop Fruits Buyback	Industrial and Prudential Investment Buyback

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