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Emami Ltd Buyback vs Gulf Oil Lubricants Buyback Feb 22

Comparision between Emami Ltd Buyback and Gulf Oil Lubricants Buyback Feb 22.

Buyback Details

Emami Ltd 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.

  Emami Limited Gulf Oil Lubricants India Ltd
Logo Emami Ltd 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 ₹1 per share ₹2 per share
Buyback Price ₹550 per share ₹600 per share
Issue Size 14,16,667 shares
Issue Size (Amount) ₹162.00 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 Maheshwari Datamatics Pvt. Ltd Kfin Technologies Limited
Lead Managers Iifl Securities Ltd Motilal Oswal Investment Advisors Limited
Necessity of the buyback

The Buyback aims to :
i) Return surplus cash to its Shareholders.
ii) Reduce the outstanding number of equity shares and consequently increase earnings per share and book value per share.
iii) Improve key return ratios like return on equity capital.

  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

Emami Ltd 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. Emami Ltd Buyback Buyback record date is . Gulf Oil Lubricants Buyback Feb 22 Buyback record date is Feb 21, 2022.

  Emami Limited Gulf Oil Lubricants India Ltd
Record Date Feb 21, 2022
Offer Open Date Feb 09, 2022 Mar 25, 2022
Offer Closure Date Aug 08, 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 Emami Ltd 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.

  Emami Limited Gulf Oil Lubricants India Ltd
Financial
Summary of financial Information (Consolidated)
Particulars For the year/period ended (Rs. in Millions)
31-Mar-21 31-Mar-20 31-Mar-19
Total Income 29,508.00 27,119.50 27,295.30
Profit After Tax 4,547.10 3,023.00 3,025.30
Net Worth 17,626.50 18,237.50 20,760.60
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
Jan-2022 535.00 466.05 499.89
Dec-2021 555.00 504.00 536.24
Nov-2021 578.65 502.80 537.45

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
Jan-2022 534.80 466.00 497.73
Dec-2021 555.00 504.05 528.04
Nov-2021 578.50 503.00 537.48

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

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