Free Account Opening + AMC Free Demat
Loading...

Atul Limited Buyback vs Gulf Oil Lubricants Buyback Feb 22

Comparision between Atul Limited Buyback and Gulf Oil Lubricants Buyback Feb 22.

Buyback Details

Atul Limited Buyback is a Open Market Through Stock Exchange buyback proposed to list at BSE, NSE while Gulf Oil Lubricants Buyback Feb 22 is a Tender Offer proposed to list at BSE, NSE.

  Atul Limited Gulf Oil Lubricants India Ltd
Logo Atul Limited Buyback Logo Gulf Oil Lubricants Buyback Feb 22 Logo
Type of Buyback Open Market Through Stock Exchange Tender Offer
Listing At BSE, NSE BSE, NSE
Face Value ₹10 per share ₹2 per share
Buyback Price ₹11000 per share ₹600 per share
Issue Size 14,16,667 shares
Issue Size (Amount) ₹70.00 Crores ₹85.00 Crores
Buyback Ratio
Category Entitlement Ratio of Buyback
Reserved Category for Small Shareholders 27 Equity Shares for every 374 Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders 9 Equity Shares for every 355 Equity Shares held on the Record Date.
Registrar Link Intime India Private Ltd Kfin Technologies Limited
Lead Managers Vivro Financial Services Private Limited Motilal Oswal Investment Advisors Limited
Necessity of the buyback

The Buy-back aims to:

1. Return surplus funds to the equity shareholders of the Company.

2. Improve earnings per share by reducing the equity base, thereby leading to a long-term increase in the value of shareholders.

  1. To distribute surplus cash to shareholders holding equity shares in proportion to their shareholdings.
  2. To improve financial ratios like earnings per share and return on equity by reducing the company's equity base.

Buyback Timetable

Atul Limited Buyback and Gulf Oil Lubricants Buyback Feb 22 buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. Atul Limited Buyback Buyback record date is . Gulf Oil Lubricants Buyback Feb 22 Buyback record date is Feb 21, 2022.

  Atul Limited Gulf Oil Lubricants India Ltd
Record Date Feb 21, 2022
Offer Open Date Apr 07, 2022 Mar 25, 2022
Offer Closure Date May 09, 2022 Apr 07, 2022
Last date for receipt of tender forms Apr 07, 2022
Finalisation of buyback Apr 19, 2022
Last Date for settlment of bids Apr 20, 2022
Last Date for extinguishment of shares Apr 26, 2022

Financial Details and Other Relevent Information

Comparison of Atul Limited Buyback and Gulf Oil Lubricants Buyback Feb 22 financial data. The table below also includes a list of all relevant information like Stock Market Data, Compay Information, Lead Manager and Registrar.

  Atul Limited Gulf Oil Lubricants India Ltd
Financial
Summary of financial Information (Consolidated)
Particulars For the year/period ended (Rs. in Crores)
  31-Mar-21 31-Mar-20 31-Mar-19
Total Income 3,834.45 4,171.10 4,072.67
Profit After Tax 660.02 670.91 436.02
Net Worth 3,826.52 3,154.90 2,705.71
Summary of financial Information (standalone)
Particulars For the year/period ended (Rs. in Millions)
31-Mar-21 31-Mar-20 31-Mar-19
Total Income 17,042.64 16,790.46 17,353.35
Profit After Tax 2,000.85 2,025.21 1,777.82
Net Worth 8,693.76 7,613.07 5,867.43
Reserves and Surplus 8,593.14 7,512.86 5,767.83
Stock price at BSE

Stock price at BSE (in preceding 3 months)

Month High Price Low Price Average Price
Feb-2022 9852.10 8627.90 9361.13
Jan-2022 10859.00 8966.80 9709.73
Dec-2021 9121.75 8302.30 8787.72

Stock price at BSE (in preceding 3 months)

Month High Price Low Price Average Price
Jan-2022 502.90 445.00 462.26
Dec-2021 528.40 427.95 469.32
Nov-2021 614.60 499.00 582.56
Stock price at NSE

Stock price at NSE (in preceding 3 months)

Month High Price Low Price Average Price
Feb-2022 9899.95 8622.05 9359.34
Jan-2022 10856.80 8964.05 9714.97
Dec-2021 9124.70 8313.45 8784.29

Stock price at NSE (in preceding 3 months)

Month High Price Low Price Average Price
Jan-2022 503.00 445.50 462.28
Dec-2021 531.85 425.00 469.17
Nov-2021 617.55 499.75 583.12

Comments

Add a public comment...