Ajanta Pharma Buyback vs Weizmann Buyback

Comparison between Ajanta Pharma Buyback and Weizmann Buyback.

Buyback Details

Ajanta Pharma Buyback is a Tender Offer buyback proposed to list at BSE, NSE while Weizmann Buyback is a Tender Offer proposed to list at BSE, NSE.

 Ajanta Pharma Ltd.Weizmann Ltd.
LogoAjanta Pharma Buyback LogoWeizmann Buyback Logo
Type of BuybackTender OfferTender Offer
Listing AtBSE, NSEBSE, NSE
Face Value₹2 per share₹10 per share
Buyback Price₹2550 per share₹60 per share
Issue Size11,20,000 shares14,12,515 shares
Issue Size (Amount)₹285.60 Crores₹8.48 Crores
Buyback Ratio
Category Entitlement Ratio of Buyback
Reserved Category for Small Shareholders 30 Equity Shares out of every 151 shares held on the record date.
General Category for all other Eligible Shareholders 1 Equity Shares out of every 91 shares held on the record date.
Category Entitlement Ratio of Buyback
Reserved Category for Small Shareholders 35 Equity Shares out of every 284 shares held on the record date.
General Category for all other Eligible Shareholders 43 Equity Shares out of every 557 shares held on the record date.
RegistrarMUFG Intime India Pvt.Ltd.Bigshare Services Pvt.Ltd.
Lead ManagersVivro Financial Services Pvt.Ltd.Keynote Financial Services Ltd.
Necessity of the buyback

The Buyback aims to :
i) Distribute surplus funds to shareholders and thereby enhance their overall return.
ii) Improve financial ratios like Earnings per share (EPS), Return on assets (ROA) and Return on Equity (ROE).

The Buyback aims to :
i) Distribute surplus funds to shareholders and thereby enhance their overall return.
ii) Improve financial ratios like Earnings per share (EPS), Return on assets (ROA) and Return on Equity (ROE).

Buyback Timetable

Ajanta Pharma Buyback and Weizmann Buyback buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. Ajanta Pharma Buyback Buyback record date is Jan 14, 2022. Weizmann Buyback Buyback record date is Dec 10, 2021.

 Ajanta Pharma Ltd.Weizmann Ltd.
Record DateJan 14, 2022Dec 10, 2021
Offer Open DateFeb 03, 2022Jan 13, 2022
Offer Closure DateFeb 16, 2022Jan 27, 2022
Last date for receipt of tender formsFeb 16, 2022Jan 27, 2022
Finalisation of buybackFeb 24, 2022Feb 04, 2022
Last Date for settlment of bidsFeb 25, 2022Feb 07, 2022
Last Date for extinguishment of sharesMar 04, 2022Feb 14, 2022

Financial Details and Other Relevent Information

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

 Ajanta Pharma Ltd.Weizmann Ltd.
Financial
Summary of financial Information Consolidated)
Particulars For the year/period ended (Rs. in Crores)
  30-Sep-21 31-Mar-21 31-Mar-20
Total Income 1,694.96 2,915.67 2,680.06
Profit After Tax 369.69 653.87 467.70
Net Worth 3,358.90 2,995.63 2,598.87
Reserves and Surplus 3,341.51 2,978.24 2,581.33
Summary of financial Information Consolidated)
Particulars For the year/period ended (Rs. in Millions)
  30-Sep-21 31-Mar-21 31-Mar-20 31-Mar-19
Total Income 464.21 982.82 964.82 1,066.67
Profit After Tax -0.89 49.22 43.20 85.69
Stock price at BSE

Stock price at BSE (in preceding 3 months)

Month High Price Low Price Average Price
Nov-2021 2239.10 2015.80 2136.74
Oct-2021 2366.30 2053.65 2213.24
Sep-2021 2340.00 2112.70 2199.31

Stock price at BSE (in preceding 3 months)

Month High Price Low Price Average Price
Nov-2021 55.70 50.50 52.86
Oct-2021 65.00 45.75 54.26
Sep-2021 51.65 46.00 47.95
Stock price at NSE

Stock price at NSE (in preceding 3 months)

Month High Price Low Price Average Price
Nov-2021 2239.10 2000.00 2137.44
Oct-2021 2365.80 2053.65 2213.37
Sep-2021 2330.00 2110.00 2201.05

Stock price at NSE (in preceding 3 months)

Month High Price Low Price Average Price
Nov-2021 55.50 50.60 52.90
Oct-2021 64.40 46.10 54.10
Sep-2021 50.85 45.40 47.89

Compare with others

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Ajanta Pharma Buyback and Weizmann Buyback