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CL Educate Buyback vs Matrimony.com Buyback

Comparision between CL Educate Buyback and Matrimony.com Buyback.

Buyback Details

CL Educate Buyback is a Open Market Through Stock Exchange buyback proposed to list at BSE, NSE while Matrimony.com Buyback is a Tender Offer proposed to list at BSE.

  CL Educate Limited Matrimony.com Limited
Logo CL Educate Buyback Logo Matrimony.com Buyback Logo
Type of Buyback Open Market Through Stock Exchange Tender Offer
Listing At BSE, NSE BSE
Face Value ₹5 per share ₹5 per share
Buyback Price ₹170 per share ₹1150 per share
Issue Size 6,52,173 shares
Issue Size (Amount) ₹10.00 Crores ₹75.00 Crores
Buyback Ratio
Category Entitlement Ratio of Buyback
Reserved Category for Small Shareholders 6 Equity Share out of every 43 Fully paid-up Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders 41 Equity Shares out of every 793 Fully paid-up Equity Shares held on the Record Date.
Registrar Kfin Technologies Limited Kfin Technologies Limited
Lead Managers V B Desai Financial Services Limited Motilal Oswal Investment Advisors Limited
Necessity of the buyback

The Buyback is being undertaken, inter-alia, for the following reasons:

1. The Buyback will help the Company to return surplus cash to its shareholders holding Equity Shares.

2. The Buyback may help in improving return on equity.

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 thereby enhancing the overall return to shareholders.

2. The Buyback is generally expected to improve return on equity through distribution of cash and improve earnings per share by reduction in the equity base of the Company, thereby leading to long term increase in shareholders' value.

Buyback Timetable

CL Educate Buyback and Matrimony.com Buyback buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. CL Educate Buyback Buyback record date is . Matrimony.com Buyback Buyback record date is Jul 04, 2022.

  CL Educate Limited Matrimony.com Limited
Record Date Jul 04, 2022
Offer Open Date May 27, 2022 Jul 26, 2022
Offer Closure Date Jul 29, 2022 Aug 08, 2022
Last date for receipt of tender forms Aug 08, 2022
Finalisation of buyback Aug 19, 2022
Last Date for settlment of bids Aug 22, 2022
Last Date for extinguishment of shares Aug 26, 2022

Financial Details and Other Relevent Information

Comparison of CL Educate Buyback and Matrimony.com Buyback financial data. The table below also includes a list of all relevant information like Stock Market Data, Compay Information, Lead Manager and Registrar.

  CL Educate Limited Matrimony.com 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 21,616.38 19,190.57 32,398.03
Profit After Tax 1,379.06 -1,260.28 -5,480.91
Net Worth 26,163.49 24,710.89 25,920.40
Reserves and Surplus 24,746.92 23,294.32 24,503.83
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 4,524.36 3,953.34 3,896.95
Profit After Tax 535.91 407.74 295.35
Net Worth 3,103.53 2,632.97 2,282.41
Stock price at BSE

Stock price at BSE (in preceding 3 months)

Month High Price Low Price Average Price
Apr-2022 170.30 118.10 147.40
Mar-2022 145.70 113.00 131.16
Feb-2022 137.00 98.55 112.83

Stock price at BSE (in preceding 3 months)

Month High Price Low Price Average Price
May-2022 797.00 652.80 745.20
Apr-2022 799.00 663.00 728.27
Mar-2022 748.95 660.35 698.07
Stock price at NSE

Stock price at NSE (in preceding 3 months)

Month High Price Low Price Average Price
Apr-2022 170.25 118.50 144.33
Mar-2022 146.00 110.00 129.45
Feb-2022 137.95 98.00 116.31

Stock price at NSE (in preceding 3 months)

Month High Price Low Price Average Price
May-2022 792.25 645.35 745.41
Apr-2022 799.90 663.00 727.37
Mar-2022 738.00 661.00 697.63

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