HPCL Buyback vs Jullundur Motor Agency Buyback

Comparision between HPCL Buyback and Jullundur Motor Agency Buyback.

Buyback Details

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

Hindustan Petroleum Corporation Limited

Jullundur Motor Agency (Delhi) Limited

Logo

Type of Buyback

Open Market Through Stock Exchange

Tender Offer

Listing At

BSE, NSE

NSE

Face Value

₹10 per share

₹2 per share

Buyback Price

₹250 per share

₹36 per share

Issue Size

74,50,000 shares

Issue Size (Amount)

₹2,500.00 Crores

₹26.82 Crores

Buyback Ratio

Category	Entitlement Ratio of Buyback
Reserved Category for Small Shareholders	38 Equity Shares out of every 93 Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders	386 Equity Shares out of every 945 Equity Shares held on the Record Date.

Registrar

Link Intime India Private Ltd

Mas Services Limited

Lead Managers

ICICI Securities Limited

Systematix Corporate Services Limited

Necessity of the buyback

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

The Buyback is undertaken by the Company to:
i) Return surplus cash to its equity shareholders that are
over and above its ordinary capital requirements and in excess of any current investment plans.
ii) Improve financial ratios like earnings per share (EPS) and return on equity (ROE) by reducing the equity base of the Company

Buyback Timetable

HPCL Buyback and Jullundur Motor Agency Buyback buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. HPCL Buyback Buyback record date is . Jullundur Motor Agency Buyback Buyback record date is Dec 24, 2020.

	Hindustan Petroleum Corporation Limited	Jullundur Motor Agency (Delhi) Limited
Record Date		Dec 24, 2020
Offer Open Date	Nov 17, 2020	Jan 25, 2021
Offer Closure Date	May 14, 2021	Feb 08, 2021
Last date for receipt of tender forms		Feb 10, 2021
Finalisation of buyback		Feb 15, 2021
Last Date for settlment of bids		Feb 16, 2021
Last Date for extinguishment of shares		Feb 23, 2021

Financial Details and Other Relevent Information

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

Hindustan Petroleum Corporation Limited

Jullundur Motor Agency (Delhi) Limited

Financial

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

Summary of financial Information (standalone)
Particulars	For the year/period ended (Rs. in Millions)
	31-Mar-20	31-Mar-19	31-Mar-18
Total Income	3,095.67	3,322.27	3,260.04
Profit After Tax	127.04	134.41	119.90
Net Worth	1,576.10	1,455.59	1,380.40

Stock price at BSE

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
Oct-2020	190.00	163.00	174.00
Sep-2020	205.00	171.00	192.00
Aug-2020	223.00	201.00	212.00

Stock price at NSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Nov-2020	33.25	25.70	29.65
Oct-2020	30.50	24.20	27.14
Sep-2020	32.80	24.40	27.79

Compare with others

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

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