Gail India Buyback vs IndiaMART InterMESH Buyback

Comparision between Gail India Buyback and IndiaMART InterMESH Buyback.

Buyback Details

Gail India Buyback is a Tender Offer buyback proposed to list at BSE, NSE while IndiaMART InterMESH Buyback is a Tender Offer proposed to list at BSE, NSE.

Gail (India) Limited

IndiaMART InterMESH Limited

Logo

Type of Buyback

Tender Offer

Listing At

BSE, NSE

Face Value

₹10 per share

Buyback Price

₹150 per share

₹6250 per share

Issue Size

6,97,56,641 shares

1,60,000 shares

Issue Size (Amount)

₹1,046.35 Crores

₹100.00 Crores

Buyback Ratio

Category	Entitlement Ratio of Buyback
Reserved Category for Small Shareholders	71 Equity Shares out of every 733 Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders	4 Equity Shares out of every 297 Equity Shares held on the Record Date.

Category	Entitlement Ratio of Buyback
Reserved Category for Small Shareholders	1 Equity Share out of every 63 Fully paid-up Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders	4 Equity Shares out of every 861 Fully paid-up Equity Shares held on the Record Date.

Registrar

Mcs Share Transfer Agent Limited

Link Intime India Private Ltd

Lead Managers

Idbi Capital Market Services Limited

Ambit Private Limited

Necessity of the buyback

The Buyback is aimed to :
i) Optimize the capital structure of the company.
ii) Improve Return on Equity
iii) Increase in shareholder's value in the long-term.

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 broadly to the proportion of their shareholding, thereby, enhancing the overall return to shareholders.

2. The Buyback would help in improving its return on equity, by reducing the equity base, thereby leading to a long term increase in shareholders’ value.

Buyback Timetable

Gail India Buyback and IndiaMART InterMESH Buyback buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. Gail India Buyback Buyback record date is Jan 28, 2021. IndiaMART InterMESH Buyback Buyback record date is May 11, 2022.

	Gail (India) Limited	IndiaMART InterMESH Limited
Record Date	Jan 28, 2021	May 11, 2022
Offer Open Date	Feb 25, 2021	Jun 02, 2022
Offer Closure Date	Mar 10, 2021	Jun 15, 2022
Last date for receipt of tender forms	Mar 12, 2021	Jun 15, 2022
Finalisation of buyback	Mar 18, 2021	Jun 23, 2022
Last Date for settlment of bids	Mar 19, 2021	Jun 24, 2022
Last Date for extinguishment of shares	Mar 26, 2021	Jul 01, 2022

Financial Details and Other Relevent Information

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

Gail (India) Limited

IndiaMART InterMESH Limited

Financial

Summary of financial Information (standalone)
Particulars	For the year/period ended (Rs. in Crores)
	31-Mar-20	31-Mar-19	31-Mar-18
Total Income	73,293.19	76,671.57	54,812.49
Profit After Tax	6,620.63	6,025.67	4,618.41
Net Worth	41,853.99	39,202.06	35,241.50

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	86,567.97	75,614.63	70,744.52
Profit After Tax	29,761.90	27,977.49	14,738.21
Net Worth	1,87,405.37	1,61,088.46	27,505.75

Stock price at BSE

Stock price at BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Dec-2020	128.75	103.30	121.18
Nov-2020	106.60	83.10	93.03
Oct-2020	89.50	81.25	85.38

Stock price at BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Mar-2022	4879.75	3965.35	4409.07
Feb-2022	5379.90	4551.20	5000.63
Jan-2022	6902.00	4350.00	6189.47

Stock price at NSE

Stock price at NSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Dec-2020	128.80	103.10	121.20
Nov-2020	106.70	83.05	93.05
Oct-2020	89.80	81.20	85.40

Stock price at NSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Mar-2022	4880.00	3960.00	4408.57
Feb-2022	5382.00	4555.00	5001.55
Jan-2022	6907.00	4301.10	6189.40

Compare with others

Gail (India) Limited	IndiaMART InterMESH Limited
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Bharat Rasayan Buyback	Asahi Songwon Colors Buyback
Jagran Prakashan Buyback	Motilal Oswal Financial Services Buyback
Nava Bharat Ventures Buyback	Matrimony.com Buyback
Indian Toners & Developers Buyback	SMC Global Securities Buyback
NALCO Buyback	Sinclairs Hotels Buyback
Neelamalai Agro Buyback	Sarda Energy & Minerals Buyback
VRL Logistics Buyback	UPL Limited Buyback 2022
Anup Engineering Buyback	GAIL (India) Buyback
Atul Buyback	Filatex India Buyback

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