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CL Educate Buyback vs Motilal Oswal Financial Services Buyback

Comparision between CL Educate Buyback and Motilal Oswal Financial Services Buyback.

Buyback Details

CL Educate Buyback is a Open Market Through Stock Exchange buyback proposed to list at BSE, NSE while Motilal Oswal Financial Services Buyback is a Tender Offer proposed to list at BSE, NSE.

  CL Educate Limited Motilal Oswal Financial Services Limited
Logo CL Educate Buyback Logo Motilal Oswal Financial Services Buyback Logo
Type of Buyback Open Market Through Stock Exchange Tender Offer
Listing At BSE, NSE BSE, NSE
Face Value ₹5 per share ₹1 per share
Buyback Price ₹170 per share ₹1100 per share
Issue Size 14,54,545 shares
Issue Size (Amount) ₹10.00 Crores ₹160.00 Crores
Buyback Ratio
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 Kfin Technologies Limited Link Intime India Private Ltd
Lead Managers V B Desai Financial Services Limited Ernst & Young Merchant Banking Services Llp
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:

  • 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

CL Educate 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. CL Educate Buyback Buyback record date is . Motilal Oswal Financial Services Buyback Buyback record date is May 27, 2022.

  CL Educate Limited Motilal Oswal Financial Services Limited
Record Date May 27, 2022
Offer Open Date May 27, 2022 Jun 24, 2022
Offer Closure Date Jul 29, 2022 Jul 07, 2022
Last date for receipt of tender forms Jul 11, 2022
Finalisation of buyback Jul 15, 2022
Last Date for settlment of bids Jul 18, 2022
Last Date for extinguishment of shares Jul 25, 2022

Financial Details and Other Relevent Information

Comparison of CL Educate 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.

  CL Educate 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 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 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
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
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
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
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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