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Triveni Engineering Buyback 2022 vs Windlas Biotech Buyback 2022

Comparision between Triveni Engineering Buyback 2022 and Windlas Biotech Buyback 2022.

Buyback Details

Triveni Engineering 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.

  Triveni Engineering and Industries Limited Windlas Biotech Limited
Logo Triveni Engineering Buyback 2022 Logo Windlas Biotech Buyback 2022 Logo
Type of Buyback Tender Offer Open Market Through Stock Exchange
Listing At BSE, NSE BSE, NSE
Face Value ₹1 per share ₹5 per share
Buyback Price ₹350 per share ₹325 per share
Issue Size 2,28,57,142 shares
Issue Size (Amount) ₹800.00 Crores ₹25.00 Crores
Buyback Ratio
CategoryEntitlement Ratio of BuybackShares Offered
Reserved Category for Small Shareholders1 Equity Shares out of every 3 Fully paid-up Equity Shares held on the Record Date.3,428,572.00
General Category for all other Eligible Shareholders1 Equity Shares out of every 12 Fully paid-up Equity Shares held on the Record Date.19,428,570.00
Registrar Kfin Technologies Limited Link Intime India Private Ltd
Lead Managers Ambit Private Limited Corporate Professionals Capital Private Ltd
Necessity of the buyback

The Buyback is being undertaken for the following reasons:

1. The Buyback will help the Company distribute surplus cash to its shareholders holding Equity Shares and promote capital efficiency, thereby increasing shareholders' value and improving return on equity.

2. The Company's dividend pay-out trend and cash reserves, the Company considers appropriate to return surplus funds to the shareholders effectively and efficiently.

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

Triveni Engineering 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. Triveni Engineering Buyback 2022 Buyback record date is Dec 23, 2022. Windlas Biotech Buyback 2022 Buyback record date is .

  Triveni Engineering and Industries Limited Windlas Biotech Limited
Record Date Dec 23, 2022
Offer Open Date Feb 16, 2023 Nov 21, 2022
Offer Closure Date Mar 01, 2023 May 03, 2023
Last date for receipt of tender forms Mar 01, 2023
Finalisation of buyback Mar 10, 2023
Last Date for settlment of bids Mar 13, 2023
Last Date for extinguishment of shares Mar 20, 2023

Financial Details and Other Relevent Information

Comparison of Triveni Engineering 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.

  Triveni Engineering and Industries Limited Windlas Biotech Limited
Financial
Triveni Engineering and Industries Limited Financial Information (Restated)
Period EndedTotal RevenueProfit After TaxNet WorthReserves and SurplusTotal Borrowing
31-Mar-204472.9335.121303.621268.51547.77
31-Mar-214733.75294.61517.351480.01990.48
31-Mar-224716.23424.061869.381831.811575.06
30-Sep-222854.671454.213281.283244.26883.98
Amount in ₹ Crore
Windlas Biotech Limited Financial Information (Restated)
Period EndedTotal RevenueProfit After TaxNet Worth
31-Mar-20331.3423.68209.66
31-Mar-21430.715.74199.12
31-Mar-22472.6438.09394.78
Amount in ₹ Crore
Stock price at BSE

Stock price at BSE (in preceding 3 months)

Month High Price Low Price Average Price
Nov-2022 308.85 252.30 277.35
Oct-2022 291.80 249.30 270.63
Sep-2022 294.35 232.80 253.42

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 308.90 252.05 277.47
Oct-2022 292.00 247.30 270.58
Sep-2022 294.35 231.60 253.48

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

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