S H Kelkar Buyback vs Weizmann Buyback

Comparison between S H Kelkar Buyback and Weizmann Buyback.

Buyback Details

S H Kelkar 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.

 S H Kelkar and Company Ltd.Weizmann Ltd.
LogoS H Kelkar Buyback LogoWeizmann Buyback Logo
Type of BuybackTender OfferTender Offer
Listing AtBSE, NSEBSE, NSE
Face Value₹10 per share₹10 per share
Buyback Price₹210 per share₹60 per share
Issue Size29,00,000 shares14,12,515 shares
Issue Size (Amount)₹60.90 Crores₹8.48 Crores
Buyback Ratio
Category Entitlement Ratio of Buyback
Reserved Category for Small Shareholders 1 Equity Shares out of every 17 fully paid-up Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders 2 Equity Shares out of every 109 fully paid-up Equity 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 ManagersKeynote Financial Services Ltd.Keynote Financial Services Ltd.
Necessity of the buyback

The Buyback aims to :
i) Reward the shareholders.
ii) Optimize the capital structure

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

S H Kelkar Buyback and Weizmann Buyback buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. S H Kelkar Buyback Buyback record date is Nov 12, 2021. Weizmann Buyback Buyback record date is Dec 10, 2021.

 S H Kelkar and Company Ltd.Weizmann Ltd.
Record DateNov 12, 2021Dec 10, 2021
Offer Open DateDec 15, 2021Jan 13, 2022
Offer Closure DateDec 28, 2021Jan 27, 2022
Last date for receipt of tender formsDec 28, 2021Jan 27, 2022
Finalisation of buybackJan 05, 2022Feb 04, 2022
Last Date for settlment of bidsJan 06, 2022Feb 07, 2022
Last Date for extinguishment of sharesJan 13, 2022Feb 14, 2022

Financial Details and Other Relevent Information

Comparison of S H Kelkar 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.

 S H Kelkar and Company Ltd.Weizmann Ltd.
Financial
Summary of financial Information (standalone)
Particulars For the year/period ended (Rs. in Millions)
30-Sep-21 (Unaudited) 31-Mar-21 31-Mar-20 31-Mar-19
Total Income 3,724.90 7,954.40 7,290.00 7,129.20
Profit After Tax 155.90 797.10 319.20 449.70
Net Worth 6,403.70 6,349.70 5,687.30 5,965.50
Reserves and Surplus 4,990.50 4,936.50 4,274.10 4,519.30
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
Oct-2021 167.90 142.20 155.30
Sep-2021 175.10 145.20 162.20
Aug-2021 182.00 134.85 155.11

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
Oct-2021 166.40 142.00 155.28
Sep-2021 175.50 148.25 162.27
Aug-2021 182.20 135.00 155.10

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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S H Kelkar Buyback and Weizmann Buyback