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Sharda Motor Industries Buyback 2024 vs Zydus Lifesciences Buyback 2024

Comparision between Sharda Motor Industries Buyback 2024 and Zydus Lifesciences Buyback 2024.

Buyback Details

Sharda Motor Industries Buyback 2024 is a Tender Offer buyback proposed to list at BSE, NSE while Zydus Lifesciences Buyback 2024 is a Tender Offer proposed to list at BSE, NSE.

  Sharda Motor Industries Ltd Zydus Lifesciences Limited
Logo Sharda Motor Industries Buyback 2024 Logo Zydus Lifesciences Buyback 2024 Logo
Type of Buyback Tender Offer Tender Offer
Listing At BSE, NSE BSE, NSE
Face Value ₹2 per share ₹1 per share
Buyback Price ₹1800 per share ₹1005 per share
Issue Size 10,27,777 shares 59,70,149 shares
Issue Size (Amount) ₹185.00 Crores ₹600.00 Crores
Buyback Ratio
CategoryEntitlement Ratio of BuybackShares Offered
Reserved Category for Small Shareholders6 Equity Shares out of every 67 Fully paid-up Equity Shares held on the Record Date.895,523.00
General Category for all other Eligible Shareholders2 Equity Shares out of every 395 Fully paid-up Equity Shares held on the Record Date.5,074,626.00
Registrar Link Intime India Private Ltd
Lead Managers ICICI Securities Limited
Necessity of the buyback

The Buyback will help the company to distribute a part of the surplus cash to its shareholders holding equity shares thereby, optimizing returns to the shareholders and enhancing the overall shareholders' value in the longer term, and improving the return on equity.

Buyback Timetable

Sharda Motor Industries Buyback 2024 and Zydus Lifesciences Buyback 2024 buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. Sharda Motor Industries Buyback 2024 Buyback record date is . Zydus Lifesciences Buyback 2024 Buyback record date is Feb 23, 2024.

  Sharda Motor Industries Ltd Zydus Lifesciences Limited
Record Date Feb 23, 2024
Offer Open Date Feb 29, 2024
Offer Closure Date Mar 06, 2024
Last date for receipt of tender forms Mar 06, 2024
Finalisation of buyback Mar 13, 2024
Last Date for settlment of bids Mar 14, 2024
Last Date for extinguishment of shares Mar 26, 2024

Financial Details and Other Relevent Information

Comparison of Sharda Motor Industries Buyback 2024 and Zydus Lifesciences Buyback 2024 financial data. The table below also includes a list of all relevant information like Stock Market Data, Compay Information, Lead Manager and Registrar.

  Sharda Motor Industries Ltd Zydus Lifesciences Limited
Financial

Sharda Motor Industries Ltd Financial Information (Restated)

Period Ended31 Dec 202331 Mar 202231 Mar 2021
Assets1,388.931,065.73972.73
Revenue2,741.672,284.851,757.99
Profit After Tax208.33149.2266.65
Reserves and Surplus541.65356.69
Amount in ₹ Crore

Zydus Lifesciences Limited Financial Information (Restated Consolidated)

Zydus Lifesciences Limited's revenue increased by 17.07% and profit after tax (PAT) rose by 78.25% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended31 Mar 202331 Mar 202231 Mar 2021
Revenue9,553.508,160.607,869.30
Profit After Tax1,529.20857.901,476.20
Net Worth17,515.8016,999.6012,992.30
Reserves and Surplus1,801.75
Total Borrowing1,163.204,196.004,583.50
Amount in ₹ Crore
Stock price at BSE

Stock price at BSE (in preceding 3 months)

Month High Price Low Price Average Price
Jan-2024 765.50 684.75 719.52
Dec-2023 696.65 630.15 657.86
Nov-2023 649.00 570.35 619.04
Stock price at NSE

Stock price at NSE (in preceding 3 months)

Month High Price Low Price Average Price
Jan-2024 766.00 685.00 719.72
Dec-2023 696.50 630.00 658.11
Nov-2023 649.05 630.00 619.14

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