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FDC Buyback vs Gulf Oil Lubricants Buyback Feb 22

Comparision between FDC Buyback and Gulf Oil Lubricants Buyback Feb 22.

Buyback Details

FDC Buyback is a Tender Offer buyback proposed to list at BSE, NSE while Gulf Oil Lubricants Buyback Feb 22 is a Tender Offer proposed to list at BSE, NSE.

  FDC Limited Gulf Oil Lubricants India Ltd
Logo FDC Buyback Logo Gulf Oil Lubricants Buyback Feb 22 Logo
Type of Buyback Tender Offer Tender Offer
Listing At BSE, NSE BSE, NSE
Face Value ₹1 per share ₹2 per share
Buyback Price ₹475 per share ₹600 per share
Issue Size 29,00,000 shares 14,16,667 shares
Issue Size (Amount) ₹137.75 Crores ₹85.00 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.
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 Link Intime India Private Ltd Kfin Technologies Limited
Lead Managers Sundae Capital Advisors Motilal Oswal Investment Advisors 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.

  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

FDC 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. FDC Buyback Buyback record date is Feb 19, 2022. Gulf Oil Lubricants Buyback Feb 22 Buyback record date is Feb 21, 2022.

  FDC Limited Gulf Oil Lubricants India Ltd
Record Date Feb 19, 2022 Feb 21, 2022
Offer Open Date Apr 12, 2022 Mar 25, 2022
Offer Closure Date Apr 27, 2022 Apr 07, 2022
Last date for receipt of tender forms Apr 29, 2022 Apr 07, 2022
Finalisation of buyback May 05, 2022 Apr 19, 2022
Last Date for settlment of bids May 09, 2022 Apr 20, 2022
Last Date for extinguishment of shares May 16, 2022 Apr 26, 2022

Financial Details and Other Relevent Information

Comparison of FDC 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.

  FDC Limited Gulf Oil Lubricants India Ltd
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-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 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
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 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
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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