Cheviot Company Buyback vs Weizmann Buyback

Comparision between Cheviot Company Buyback and Weizmann Buyback.

Buyback Details

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

Cheviot Company Limited

Weizmann Limited

Logo

Type of Buyback

Tender Offer

Listing At

BSE

BSE, NSE

Face Value

₹10 per share

Buyback Price

₹1725 per share

₹60 per share

Issue Size

2,50,000 shares

14,12,515 shares

Issue Size (Amount)

₹43.13 Crores

₹8.48 Crores

Buyback Ratio

Category	Entitlement Ratio of Buyback
Reserved Category for Small Shareholders	13 Equity Shares out of every 141 shares held on the record date.
General Category for all other Eligible Shareholders	31 Equity Shares out of every 854 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.

Registrar

Maheshwari Datamatics Pvt. Ltd

Bigshare Services Pvt Ltd

Lead Managers

Vc Corporate Advisors Pvt Ltd (Vcapl)

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).

Buyback Timetable

Cheviot Company Buyback and Weizmann Buyback buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. Cheviot Company Buyback Buyback record date is Dec 17, 2021. Weizmann Buyback Buyback record date is Dec 10, 2021.

	Cheviot Company Limited	Weizmann Limited
Record Date	Dec 17, 2021	Dec 10, 2021
Offer Open Date	Jan 10, 2022	Jan 13, 2022
Offer Closure Date	Jan 21, 2022	Jan 27, 2022
Last date for receipt of tender forms	Jan 25, 2022	Jan 27, 2022
Finalisation of buyback	Jan 28, 2022	Feb 04, 2022
Last Date for settlment of bids	Jan 31, 2022	Feb 07, 2022
Last Date for extinguishment of shares	Feb 09, 2022	Feb 14, 2022

Financial Details and Other Relevent Information

Comparison of Cheviot Company 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.

Cheviot Company Limited

Weizmann Limited

Financial

Summary of financial Information Standalone)
Particulars	For the year/period ended (Rs. in Millions)
	30-Sep-21	31-Mar-21	31-Mar-20	31-Mar-19
Total Income	2,705.19	4,413.03	4,677.62	4,166.73
Profit After Tax	476.14	757.23	481.21	501.78
Net Worth	4,398.25	5,014.98	4,659.72	4,451.81
Reserves and Surplus	4,335.55	4,952.27	4,595.01	4,387.11

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	1390.00	1131.00	1224.93
Oct-2021	1305.00	1102.00	1223.67
Sep-2021	1369.95	1250.00	1308.24

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	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

Cheviot Company Limited	Weizmann Limited
Emami Ltd Buyback	TCS Buyback
TCS Buyback	James Warren Tea Buyback
James Warren Tea Buyback	Great Eastern Shipping Buyback
Great Eastern Shipping Buyback	Ajanta Pharma Buyback
Ajanta Pharma Buyback	Cheviot Company Buyback
Weizmann Buyback	MOIL Buyback
MOIL Buyback	MPS Buyback
MPS Buyback	AksharChem India Buyback
AksharChem India Buyback	S H Kelkar Buyback
S H Kelkar Buyback	Nucleus Software Buyback

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