IndiaMART InterMESH Buyback vs Zydus Lifesciences Buyback

Comparison between IndiaMART InterMESH Buyback and Zydus Lifesciences Buyback.

Buyback Details

IndiaMART InterMESH Buyback is a Tender Offer buyback proposed to list at BSE, NSE while Zydus Lifesciences Buyback is a Tender Offer proposed to list at BSE, NSE.

 IndiaMART InterMESH Ltd.Zydus Lifesciences Ltd.
LogoIndiaMART InterMESH Buyback LogoZydus Lifesciences Buyback Logo
Type of BuybackTender OfferTender Offer
Listing AtBSE, NSEBSE, NSE
Face Value₹10 per share₹1 per share
Buyback Price₹6250 per share₹650 per share
Issue Size1,60,000 shares1,15,38,461 shares
Issue Size (Amount)₹100.00 Crores₹750.00 Crores
Buyback Ratio
Category Entitlement Ratio of Buyback
Reserved Category for Small Shareholders 1 Equity Share out of every 63 Fully paid-up Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders 4 Equity Shares out of every 861 Fully paid-up Equity Shares held on the Record Date.
Category Entitlement Ratio of Buyback
Reserved Category for Small Shareholders 26 Equity Share out of every 503 Fully paid-up Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders 1 Equity Shares out of every 101 Fully paid-up Equity Shares held on the Record Date.
RegistrarMUFG Intime India Pvt.Ltd.MUFG Intime India Pvt.Ltd.
Lead ManagersAmbit Pvt.Ltd.ICICI Securities Ltd.
Necessity of the buyback

The buyback is being undertaken for the following reasons:

1. The Buyback will help the company to distribute surplus cash to its shareholders holding Equity shares broadly to the proportion of their shareholding, thereby, enhancing the overall return to shareholders.

2. The Buyback would help in improving its return on equity, by reducing the equity base, thereby leading to a long term increase in shareholders’ value.

The buyback is being undertaken for the following reason:

1. 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 longer term and improving the return on equity.

Buyback Timetable

IndiaMART InterMESH Buyback and Zydus Lifesciences Buyback buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. IndiaMART InterMESH Buyback Buyback record date is May 11, 2022. Zydus Lifesciences Buyback Buyback record date is Jun 02, 2022.

 IndiaMART InterMESH Ltd.Zydus Lifesciences Ltd.
Record DateMay 11, 2022Jun 02, 2022
Offer Open DateJun 02, 2022Jun 23, 2022
Offer Closure DateJun 15, 2022Jul 06, 2022
Last date for receipt of tender formsJun 15, 2022Jul 06, 2022
Finalisation of buybackJun 23, 2022Jul 14, 2022
Last Date for settlment of bidsJun 24, 2022Jul 15, 2022
Last Date for extinguishment of sharesJul 01, 2022Jul 22, 2022

Financial Details and Other Relevent Information

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

 IndiaMART InterMESH Ltd.Zydus Lifesciences Ltd.
Financial
Summary of financial Information (Consolidated)
Particulars For the year/period ended (Rs. in Lakhs)
  31-Mar-22 31-Mar-21 31-Mar-20
Total Income 86,567.97 75,614.63 70,744.52
Profit After Tax 29,761.90 27,977.49 14,738.21
Net Worth 1,87,405.37 1,61,088.46 27,505.75
Summary of financial Information (Consolidated)
Particulars For the year/period ended (Rs. in Million)
  31-Mar-22 31-Mar-21 31-Mar-20
Total Income 1,54,899 1,51,394 1,43,670
Profit After Tax 23,726 21,850 12,044
Net Worth 1,69,996 1,29,923 1,03,757
Stock price at BSE

Stock price at BSE (in preceding 3 months)

Month High Price Low Price Average Price
Mar-2022 4879.75 3965.35 4409.07
Feb-2022 5379.90 4551.20 5000.63
Jan-2022 6902.00 4350.00 6189.47

Stock price at BSE (in preceding 3 months)

Month High Price Low Price Average Price
Apr-2022 376.60 337.70 359.37
Mar-2022 379.00 331.00 359.62
Feb-2022 420.50 343.00 385.95
Stock price at NSE

Stock price at NSE (in preceding 3 months)

Month High Price Low Price Average Price
Mar-2022 4880.00 3960.00 4408.57
Feb-2022 5382.00 4555.00 5001.55
Jan-2022 6907.00 4301.10 6189.40

Stock price at NSE (in preceding 3 months)

Month High Price Low Price Average Price
Apr-2022 376.70 337.55 359.43
Mar-2022 378.60 331.55 359.63
Feb-2022 420.55 342.85 385.99

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