Engineers India Buyback vs HPCL Buyback

Comparision between Engineers India Buyback and HPCL Buyback.

Buyback Details

Engineers India Buyback is a Tender Offer buyback proposed to list at BSE, NSE while HPCL Buyback is a Open Market Through Stock Exchange proposed to list at BSE, NSE.

Engineers India Limited

Hindustan Petroleum Corporation Limited

Logo

Type of Buyback

Tender Offer

Open Market Through Stock Exchange

Listing At

BSE, NSE

Face Value

₹5 per share

₹10 per share

Buyback Price

₹84 per share

₹250 per share

Issue Size

6,98,69,047 shares

Issue Size (Amount)

₹586.90 Crores

₹2,500.00 Crores

Buyback Ratio

Category	Entitlement Ratio of Buyback
Reserved Category for Small Shareholders	119 Equity Shares out of every 828 fully paid-up Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders	80 Equity Shares out of every 753 fully paid-up Equity Shares held on the Record Date.

Registrar

Alankit Assignments Ltd

Link Intime India Private Ltd

Lead Managers

Idbi Capital Market Services Limited

ICICI Securities Limited

Necessity of the buyback

The Buyback offered is undertaken by the Company:
i) To return surplus cash to its members.
ii) To help improve return on equity and thus increase shareholder's value.
iii) To optimize the capital structure.

The Buyback is undertaken by the Company:
i) Optimize returns to shareholders.
ii) To enhance overall shareholder's value.

Buyback Timetable

Engineers India Buyback and HPCL Buyback buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. Engineers India Buyback Buyback record date is Jan 01, 2021. HPCL Buyback Buyback record date is .

	Engineers India Limited	Hindustan Petroleum Corporation Limited
Record Date	Jan 01, 2021
Offer Open Date	Jan 22, 2021	Nov 17, 2020
Offer Closure Date	Feb 05, 2021	May 14, 2021
Last date for receipt of tender forms	Feb 08, 2021
Finalisation of buyback	Feb 12, 2021
Last Date for settlment of bids	Feb 15, 2021
Last Date for extinguishment of shares	Feb 22, 2021

Financial Details and Other Relevent Information

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

Engineers India Limited

Hindustan Petroleum Corporation 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 Revenue	3,461.09	2,669.42	1,967.05
Profit After Tax	430.24	370.07	377.87
Net Worth	2,345.46	2,275.85	2,267.87

Summary of financial Information (Consolidated)
Particulars	For the year/period ended (Rs. in Crores)
	30-Sep-20 (Un-audited)	31-Mar-20	31-Mar-19
Total Revenue	1,09,089.44	2,89,255.10	2,98,621.32
Profit After Tax	5,291.28	2,637.26	6,028.66
Net-worth	32,799.18	28,962.36	28,174.82

Stock price at BSE

Stock price at BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Nov-2020	74.95	63.90	69.75
Oct-2020	69.00	60.50	64.30
Sep-2020	72.25	63.45	66.25

Stock price at BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Oct-2020	190.00	163.00	174.00
Sep-2020	205.00	171.00	192.00
Aug-2020	225.00	201.00	212.00

Stock price at NSE

Stock price at NSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Nov-2020	74.95	63.80	69.76
Oct-2020	69.00	60.40	64.29
Sep-2020	72.30	63.50	66.21

Stock price at NSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Oct-2020	190.00	163.00	174.00
Sep-2020	205.00	171.00	192.00
Aug-2020	223.00	201.00	212.00

Compare with others

Engineers India Limited	Hindustan Petroleum Corporation Limited
Atul Buyback	Industrial and Prudential Investment Buyback
Freshtrop Fruits Buyback	Jullundur Motor Agency Buyback
Archidply Industries Buyback	Engineers India Buyback
Industrial and Prudential Investment Buyback	IIFL Securities Buyback
Jullundur Motor Agency Buyback	Rane Brake Buyback
IIFL Securities Buyback	Sreeleathers Buyback
Rane Brake Buyback	Garware Technical Buyback
HPCL Buyback
Sreeleathers Buyback
Garware Technical Buyback

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