IIFL Securities Buyback vs Jullundur Motor Agency Buyback

Comparision between IIFL Securities Buyback and Jullundur Motor Agency Buyback.

Buyback Details

IIFL Securities 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.

IIFL Securities Limited

Jullundur Motor Agency (Delhi) Limited

Logo

Type of Buyback

Open Market Through Stock Exchange

Tender Offer

Listing At

BSE, NSE

NSE

Face Value

₹2 per share

Buyback Price

₹54 per share

₹36 per share

Issue Size

74,50,000 shares

Issue Size (Amount)

₹90.00 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

Keynote Financial Services Ltd

Systematix Corporate Services Limited

Necessity of the buyback

The Buyback is undertaken by the Company:
i) To help effectively utilize its available surplus cash.
ii) To enhance overall long term 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

IIFL Securities 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. IIFL Securities Buyback Buyback record date is . Jullundur Motor Agency Buyback Buyback record date is Dec 24, 2020.

	IIFL Securities Limited	Jullundur Motor Agency (Delhi) Limited
Record Date		Dec 24, 2020
Offer Open Date	Dec 30, 2020	Jan 25, 2021
Offer Closure Date	Jun 29, 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 IIFL Securities 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.

IIFL Securities Limited

Jullundur Motor Agency (Delhi) Limited

Financial

Summary of financial Information (Consolidated)
Particulars	For the year/period ended (Rs. in Crores)
	31-Mar-20	31-Mar-19	31-Mar-18
Total Revenue	789.94	875.57	947.19
Profit After Tax	233.94	171.43	180.57

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
Nov-2020	47.00	37.00	42.00
Oct-2020	44.00	36.00	39.00
Sep-2020	46.00	36.00	39.00

Stock price at NSE

Stock price at NSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Nov-2020	47.00	39.00	42.00
Oct-2020	44.00	37.00	39.00
Sep-2020	46.00	36.00	39.00

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

IIFL Securities Limited	Jullundur Motor Agency (Delhi) Limited
Freshtrop Fruits Buyback	Anup Engineering Buyback
Archidply Industries Buyback	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
Rane Brake Buyback	Engineers India Buyback
HPCL Buyback	IIFL Securities Buyback
Sreeleathers Buyback	Rane Brake Buyback
Garware Technical Buyback	HPCL Buyback
	Sreeleathers Buyback

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