Tips Industries Buyback 2022 vs Windlas Biotech Buyback 2022

Comparision between Tips Industries Buyback 2022 and Windlas Biotech Buyback 2022.

Buyback Details

Tips Industries Buyback 2022 is a Tender Offer buyback proposed to list at BSE, NSE while Windlas Biotech Buyback 2022 is a Open Market Through Stock Exchange proposed to list at BSE, NSE.

Tips Industries Limited

Windlas Biotech Limited

Logo

Type of Buyback

Tender Offer

Open Market Through Stock Exchange

Listing At

BSE, NSE

Face Value

₹10 per share

₹5 per share

Buyback Price

₹2600 per share

₹325 per share

Issue Size

1,26,000 shares

Issue Size (Amount)

₹32.76 Crores

₹25.00 Crores

Buyback Ratio

Category	Entitlement Ratio of Buyback	Shares Offered
Reserved Category for Small Shareholders	37 Equity Shares out of every 762 Fully paid-up Equity Shares held on the Record Date.	18,900.00
General Category for all other Eligible Shareholders	2 Equity Shares out of every 235 Fully paid-up Equity Shares held on the Record Date.	107,100.00

Registrar

Link Intime India Private Ltd

Lead Managers

Inga Ventures Pvt Ltd

Corporate Professionals Capital Private Ltd

Necessity of the buyback

The Buyback is being undertaken for the following reasons:

The Buyback will help the Company to return surplus cash to its shareholders holding Equity Shares.
The Buyback is generally expected to improve return on equity through distribution of cash and improve earnings per share by reduction in the equity base, thereby leading to long term increase in shareholders' value.

The buyback is being undertaken for the following reason:

1.To return surplus funds to the equity shareholders of the Company.

2. To improve return on equity, by reducing in equity base, thereby leading to a long-term increase in the value of shareholders.

Buyback Timetable

Tips Industries Buyback 2022 and Windlas Biotech Buyback 2022 buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. Tips Industries Buyback 2022 Buyback record date is Dec 30, 2022. Windlas Biotech Buyback 2022 Buyback record date is .

	Tips Industries Limited	Windlas Biotech Limited
Record Date	Dec 30, 2022
Offer Open Date	Jan 27, 2023	Nov 21, 2022
Offer Closure Date	Feb 09, 2023	May 03, 2023
Last date for receipt of tender forms	Feb 09, 2023
Finalisation of buyback	Feb 17, 2023
Last Date for settlment of bids	Feb 20, 2023
Last Date for extinguishment of shares	Feb 27, 2023

Financial Details and Other Relevent Information

Comparison of Tips Industries Buyback 2022 and Windlas Biotech Buyback 2022 financial data. The table below also includes a list of all relevant information like Stock Market Data, Compay Information, Lead Manager and Registrar.

Tips Industries Limited

Windlas Biotech Limited

Financial

Tips Industries Limited Financial Information (Consolidated)
Period Ended	Total Revenue	Profit After Tax	Net Worth
31-Mar-20	108.82	11.34	80.11
31-Mar-21	95.42	43.47	100.91
31-Mar-22	138.8	64.56	102.61
30-Sep-22	85.96	38	137.57
Amount in ₹ Crore

Windlas Biotech Limited Financial Information (Restated)
Period Ended	Total Revenue	Profit After Tax	Net Worth
31-Mar-20	331.34	23.68	209.66
31-Mar-21	430.7	15.74	199.12
31-Mar-22	472.64	38.09	394.78
Amount in ₹ Crore

Stock price at BSE

Stock price at BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Nov-2022	1923.90	1725.00	1837.57
Oct-2022	1850.00	1456.15	1598.71
Sep-2022	1740.00	1470.00	1591.33

Stock price at BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Jan-2022	244.70	212.15	232.89
Jan-2022	261.20	219.00	241.72
Jan-2022	232.90	203.55	217.81

Stock price at NSE

Stock price at NSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Nov-2022	1910.00	1700.00	1837.56
Oct-2022	1850.00	1458.45	1601.22
Sep-2022	1724.95	1465.00	1592.46

Stock price at NSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Jan-2022	244.80	212.00	227.41
Jan-2022	261.90	216.30	241.83
Jan-2022	233.95	209.70	218.71

Compare with others

Tips Industries Limited	Windlas Biotech Limited
Freshtrop Fruits Buyback 2022	Tips Industries Buyback 2022
Cosmo First Buyback	eClerx Services Buyback 2022
Jenburkt Pharmaceuticals Buyback	Technocraft Industries Buyback 2022
Indian Energy Exchange Buyback	Triveni Engineering Buyback 2022
Softsol India Buyback 2022	Balrampur Chini Buyback 2022
eClerx Services Buyback 2022	Orbit Exports Buyback
Technocraft Industries Buyback 2022	Jagran Prakashan Buyback 2022
Triveni Engineering Buyback 2022	Triveni Turbine Buyback
Balrampur Chini Buyback 2022	Dhanuka Agritech Buyback
Windlas Biotech Buyback 2022	Kaveri Seed Buyback 2022

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