S H Kelkar Buyback vs Weizmann Buyback

Comparision 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 Limited

Weizmann Limited

Logo

Type of Buyback

Tender Offer

Listing At

BSE, NSE

Face Value

₹10 per share

Buyback Price

₹210 per share

₹60 per share

Issue Size

29,00,000 shares

14,12,515 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.

Registrar

Link Intime India Private Ltd

Bigshare Services Pvt Ltd

Lead Managers

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 Limited	Weizmann Limited
Record Date	Nov 12, 2021	Dec 10, 2021
Offer Open Date	Dec 15, 2021	Jan 13, 2022
Offer Closure Date	Dec 28, 2021	Jan 27, 2022
Last date for receipt of tender forms	Dec 28, 2021	Jan 27, 2022
Finalisation of buyback	Jan 05, 2022	Feb 04, 2022
Last Date for settlment of bids	Jan 06, 2022	Feb 07, 2022
Last Date for extinguishment of shares	Jan 13, 2022	Feb 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 Limited

Weizmann Limited

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

S H Kelkar and Company Limited	Weizmann Limited
Cheviot Company Buyback	TCS Buyback
Weizmann Buyback	James Warren Tea Buyback
MOIL Buyback	Great Eastern Shipping Buyback
MPS Buyback	Ajanta Pharma Buyback
AksharChem India Buyback	Cheviot Company Buyback
Nucleus Software Buyback	MOIL Buyback
Goldiam International Buyback	MPS Buyback
eClerx Services Limited Buyback	AksharChem India Buyback
Rishiroop Limited Buyback	S H Kelkar Buyback
Mahalaxmi Rubtech Buyback	Nucleus Software Buyback

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