HPCL Buyback vs Rane Brake Buyback

Comparision between HPCL Buyback and Rane Brake Buyback.

Buyback Details

HPCL Buyback is a Open Market Through Stock Exchange buyback proposed to list at BSE, NSE while Rane Brake Buyback is a Open Market Through Stock Exchange proposed to list at BSE, NSE.

	Hindustan Petroleum Corporation Limited	Rane Brake Lining Limited
Logo
Type of Buyback	Open Market Through Stock Exchange	Open Market Through Stock Exchange
Listing At	BSE, NSE	BSE, NSE
Face Value	₹10 per share	₹10 per share
Buyback Price	₹250 per share	₹825 per share
Issue Size
Issue Size (Amount)	₹2,500.00 Crores	₹22.00 Crores
Buyback Ratio
Registrar	Link Intime India Private Ltd	Integrated Registry Management Services Private Limited
Lead Managers	ICICI Securities Limited	Ambit Private 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) Reduce outstanding number of shares and consequently increase EPS assuming same profits are earned. (ii) Effectively utilize available cash. (iii) Improve key ratios like Return on Equity Capital.

Buyback Timetable

HPCL Buyback and Rane Brake 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 . Rane Brake Buyback Buyback record date is .

	Hindustan Petroleum Corporation Limited	Rane Brake Lining Limited
Record Date
Offer Open Date	Nov 17, 2020	Oct 27, 2020
Offer Closure Date	May 14, 2021	Apr 26, 2021
Last date for receipt of tender forms
Finalisation of buyback
Last Date for settlment of bids
Last Date for extinguishment of shares

Financial Details and Other Relevent Information

Comparison of HPCL Buyback and Rane Brake 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

Rane Brake Lining 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 (Consolidated)
Particulars	For the year/period ended (Rs. in Crores)
	31-Mar-20	31-Mar-19	31-Mar-18
Revenue from operations	470.98	513.89	482.29
Profit After Tax	34.34	36.53	35.75
Net-worth	228.82	209.77	188.21

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 BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Sep-2020	624.00	523.00	574.00
Aug-2020	670.00	514.00	574.00
Jul-2020	605.00	514.00	549.00

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
Sep-2020	625.00	521.00	574.00
Aug-2020	670.00	512.00	574.00
Jul-2020	605.00	517.00	549.00

Compare with others

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

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