Asahi Songwon Colors Buyback vs Motilal Oswal Financial Services Buyback

Comparision between Asahi Songwon Colors Buyback and Motilal Oswal Financial Services Buyback.

Buyback Details

Asahi Songwon Colors Buyback is a Tender Offer buyback proposed to list at BSE, NSE while Motilal Oswal Financial Services Buyback is a Tender Offer proposed to list at BSE, NSE.

Asahi Songwon Colors Limited

Motilal Oswal Financial Services Limited

Logo

Type of Buyback

Tender Offer

Listing At

BSE, NSE

Face Value

₹10 per share

₹1 per share

Buyback Price

₹400 per share

₹1100 per share

Issue Size

2,40,000 shares

14,54,545 shares

Issue Size (Amount)

₹9.60 Crores

₹160.00 Crores

Buyback Ratio

Category	Entitlement Ratio of Buyback
Reserved Category for Small Shareholders	4 Equity Share out of every 119 Fully paid-up Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders	17 Equity Shares out of every 913 Fully paid-up Equity Shares held on the Record Date.

Category	Entitlement Ratio of Buyback
Reserved Category for Small Shareholders	7 Equity Share out of every 76 Fully paid-up Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders	3 Equity Shares out of every 356 Fully paid-up Equity Shares held on the Record Date.

Registrar

Link Intime India Private Ltd

Lead Managers

Systematix Corporate Services Limited

Ernst & Young Merchant Banking Services Llp

Necessity of the buyback

The buyback is being undertaken for the following reasons:

1. 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.

2. 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.

The buyback is being undertaken for the following reasons:

The Buyback will help the Company to distribute surplus cash to its shareholders holding Equity Shares broadly in proportion to their shareholding, thereby, enhancing the overall return to the shareholders.
The Buyback will help the Company to optimise the capital structure.
The Buyback would help in improving financial ratios like earnings per share, return on capital employed and return on equity, by reducing the equity base of the Company.

Buyback Timetable

Asahi Songwon Colors Buyback and Motilal Oswal Financial Services Buyback buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. Asahi Songwon Colors Buyback Buyback record date is Jun 03, 2022. Motilal Oswal Financial Services Buyback Buyback record date is May 27, 2022.

	Asahi Songwon Colors Limited	Motilal Oswal Financial Services Limited
Record Date	Jun 03, 2022	May 27, 2022
Offer Open Date	Jun 22, 2022	Jun 24, 2022
Offer Closure Date	Jul 05, 2022	Jul 07, 2022
Last date for receipt of tender forms	Jul 05, 2022	Jul 11, 2022
Finalisation of buyback	Jul 12, 2022	Jul 15, 2022
Last Date for settlment of bids	Jul 13, 2022	Jul 18, 2022
Last Date for extinguishment of shares	Jul 20, 2022	Jul 25, 2022

Financial Details and Other Relevent Information

Comparison of Asahi Songwon Colors Buyback and Motilal Oswal Financial Services Buyback financial data. The table below also includes a list of all relevant information like Stock Market Data, Compay Information, Lead Manager and Registrar.

Asahi Songwon Colors Limited

Motilal Oswal Financial Services Limited

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	41,626.44	28,339.04	28,442.40
Profit After Tax	1,465.07	3,194.62	2,282.63
Net Worth	24,237.49	22,722.48	20,945.02
Reserves and Surplus	23,034.76	21,519.75	19,717.79

Summary of financial Information (Consolidated)
Particulars	For the year/period ended (Rs. in Lakh)
	31-Mar-22	31-Mar-21	31-Mar-20
Total Income	4,31,982.51	3,63,411.26	2,36,541
Profit After Tax	1,31,071.50	1,20,294.80	21,539.59
Net Worth	5,67,463.20	4,46,345.60	3,08,188.54

Stock price at BSE

Stock price at BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
May-2022	346.45	277.05	308.18
Apr-2022	309.35	257.25	276.02
Mar-2022	309.55	226.00	268.69

Stock price at BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Apr-2022	960.00	858.70	902.42
Mar-2022	949.75	806.35	864.35
Feb-2022	959.55	823.25	903.33

Stock price at NSE

Stock price at NSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
May-2022	325.00	275.55	295.72
Apr-2022	348.00	278.00	307.95
Mar-2022	309.00	255.00	275.91

Stock price at NSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Apr-2022	960.00	858.05	903.04
Mar-2022	948.70	805.60	864.20
Feb-2022	959.85	824.00	903.49

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Asahi Songwon Colors Limited	Motilal Oswal Financial Services Limited
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CL Educate Buyback	Cigniti Technologies Buyback
Cigniti Technologies Buyback	Zydus Lifesciences Buyback
Zydus Lifesciences Buyback	Asahi Songwon Colors Buyback
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Matrimony.com Buyback	SMC Global Securities Buyback
SMC Global Securities Buyback	IndiaMART InterMESH Buyback
IndiaMART InterMESH Buyback	Sinclairs Hotels Buyback
Sinclairs Hotels Buyback	Sarda Energy & Minerals Buyback

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