FDC Buyback vs TCS Buyback

Comparision between FDC Buyback and TCS Buyback.

Buyback Details

FDC Buyback is a Tender Offer buyback proposed to list at BSE, NSE while TCS Buyback is a Tender Offer proposed to list at BSE, NSE.

FDC Limited

Tata Consultancy Services

Logo

Type of Buyback

Tender Offer

Listing At

BSE, NSE

Face Value

₹1 per share

Buyback Price

₹475 per share

₹4500 per share

Issue Size

29,00,000 shares

4,00,00,000 shares

Issue Size (Amount)

₹137.75 Crores

₹18,000.00 Crores

Buyback Ratio

Category	Entitlement Ratio of Buyback
Reserved Category for Small Shareholders	20 Equity Shares for every 307 Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders	9 Equity Shares for every 592 Equity Shares held on the Record Date.

Registrar

Link Intime India Private Ltd

Lead Managers

Sundae Capital Advisors

Jm Financial Limited

Necessity of the buyback

The Buyback aims to:
i) Increase the earnings per share and enhance Return on equity and return on capital employed, Return on Net Worth, Return on assets, etc and long term increase in shareholders' value;
ii) Distribute surplus cash to the shareholders.

The Buyback aims to :
i) Return excess cash to the shareholders.
ii) Increase shareholder's value in the long term; and
iii) Improve Return on Equity.

Buyback Timetable

FDC Buyback and TCS Buyback buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. FDC Buyback Buyback record date is Feb 19, 2022. TCS Buyback Buyback record date is Feb 23, 2022.

	FDC Limited	Tata Consultancy Services
Record Date	Feb 19, 2022	Feb 23, 2022
Offer Open Date	Apr 12, 2022	Mar 09, 2022
Offer Closure Date	Apr 27, 2022	Mar 23, 2022
Last date for receipt of tender forms	Apr 29, 2022	Mar 23, 2022
Finalisation of buyback	May 05, 2022	Mar 31, 2022
Last Date for settlment of bids	May 09, 2022	Apr 01, 2022
Last Date for extinguishment of shares	May 16, 2022	Apr 08, 2022

Financial Details and Other Relevent Information

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

FDC Limited

Tata Consultancy Services

Financial

Summary of financial Information (standalone)
Particulars	For the year/period ended (Rs. in Crores)
	31-Mar-21	31-Mar-20	31-Mar-19
Total Income	1,422.60	1,413.75	1,130.67
Profit After Tax	294.49	246.78	171.54
Net Worth	1717.75	1,542.59	1,432.99
Reserves and Surplus	1,700.87	1,525.49	1,415.47

Summary of financial Information (standalone)
Particulars	For the year/period ended (Rs. in Millions)
	31-Dec-21	31-Mar-21	31-Mar-20	31-Mar-19
Total Income	1,233,870.00	1,413,630.00	1,393,830.00	1,307,970.00
Profit After Tax	283,920.00	309,600.00	332,600.00	300,650.00
Net Worth	923,929.10	747,939.10	743,682.40	788,982.40

Stock price at BSE

Stock price at BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Jan-2022	323.15	277.60	299.33
Dec-2021	313.40	273.00	289.26
Nov-2021	335.70	270.00	298.73

Stock price at BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Feb-2022	3857.00	3695.60	3782.93
Jan-2022	4019.10	3650.10	3847.53
Dec-2021	3736.85	3534.35	3630.88

Stock price at NSE

Stock price at NSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Jan-2022	322.90	277.00	299.92
Dec-2021	313.50	272.75	292.85
Nov-2021	345.00	271.80	297.10

Stock price at NSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Feb-2022	3856.20	3694.95	3782.74
Jan-2022	4019.15	3649.25	3847.37
Dec-2021	3738.35	3536.40	3631.14

Compare with others

FDC Limited	Tata Consultancy Services
GAIL (India) Buyback	Gulf Oil Lubricants Buyback Feb 22
Filatex India Buyback	FDC Buyback
Atul Limited Buyback	K.P.R Mill Buyback
Pennar Industries Buyback	Mayur Uniquoters Buyback
Gulf Oil Lubricants Buyback Feb 22	Emami Ltd Buyback
K.P.R Mill Buyback	James Warren Tea Buyback
Mayur Uniquoters Buyback	Great Eastern Shipping Buyback
Emami Ltd Buyback	Ajanta Pharma Buyback
TCS Buyback	Cheviot Company Buyback
James Warren Tea Buyback	Weizmann Buyback

Comments

Add a public comment...