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IndiaMART InterMESH Buyback vs UPL Limited Buyback 2022

Comparision between IndiaMART InterMESH Buyback and UPL Limited Buyback 2022.

Buyback Details

IndiaMART InterMESH Buyback is a Tender Offer buyback proposed to list at BSE, NSE while UPL Limited Buyback 2022 is a Open Market Through Stock Exchange proposed to list at BSE, NSE.

  IndiaMART InterMESH Limited UPL Limited
Logo IndiaMART InterMESH Buyback Logo UPL Limited Buyback 2022 Logo
Type of Buyback Tender Offer Open Market Through Stock Exchange
Listing At BSE, NSE BSE, NSE
Face Value ₹10 per share ₹2 per share
Buyback Price ₹6250 per share ₹875 per share
Issue Size 1,60,000 shares
Issue Size (Amount) ₹100.00 Crores ₹1,100.00 Crores
Buyback Ratio
Category Entitlement Ratio of Buyback
Reserved Category for Small Shareholders 1 Equity Share out of every 63 Fully paid-up Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders 4 Equity Shares out of every 861 Fully paid-up Equity Shares held on the Record Date.
Registrar Link Intime India Private Ltd Link Intime India Private Ltd
Lead Managers Ambit Private Limited Jm Financial Limited
Necessity of the buyback

The buyback is being undertaken for the following reasons:

1. The Buyback will help the company to distribute surplus cash to its shareholders holding Equity shares broadly to the proportion of their shareholding, thereby, enhancing the overall return to shareholders.

2. The Buyback would help in improving its return on equity, by reducing the equity base, thereby leading to a long term increase in shareholders’ value.

The objective of the Buyback is to:

1. Improve return on equity, by a reduction in the equity base, thereby leading to a long term increase in Shareholders' value.

Buyback Timetable

IndiaMART InterMESH Buyback and UPL Limited Buyback 2022 buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. IndiaMART InterMESH Buyback Buyback record date is May 11, 2022. UPL Limited Buyback 2022 Buyback record date is .

  IndiaMART InterMESH Limited UPL Limited
Record Date May 11, 2022
Offer Open Date Jun 02, 2022 Apr 07, 2022
Offer Closure Date Jun 15, 2022 May 20, 2022
Last date for receipt of tender forms Jun 15, 2022
Finalisation of buyback Jun 23, 2022
Last Date for settlment of bids Jun 24, 2022
Last Date for extinguishment of shares Jul 01, 2022

Financial Details and Other Relevent Information

Comparison of IndiaMART InterMESH Buyback and UPL Limited Buyback 2022 financial data. The table below also includes a list of all relevant information like Stock Market Data, Compay Information, Lead Manager and Registrar.

  IndiaMART InterMESH Limited UPL Limited
Financial
Summary of financial Information (Consolidated)
Particulars For the year/period ended (Rs. in Lakhs)
  31-Mar-22 31-Mar-21 31-Mar-20
Total Income 86,567.97 75,614.63 70,744.52
Profit After Tax 29,761.90 27,977.49 14,738.21
Net Worth 1,87,405.37 1,61,088.46 27,505.75
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 11,458 10,147 9,220
Profit After Tax 220 461 405
Net Worth 7,786 8,024 7,972
Stock price at BSE

Stock price at BSE (in preceding 3 months)

Month High Price Low Price Average Price
Mar-2022 4879.75 3965.35 4409.07
Feb-2022 5379.90 4551.20 5000.63
Jan-2022 6902.00 4350.00 6189.47

Stock price at BSE (in preceding 3 months)

Month High Price Low Price Average Price
Oct-2021 761.75 686.15 727.60
Nov-2021 794.35 679.00 737.16
Dec-2021 767.00 681.85 734.65
Stock price at NSE

Stock price at NSE (in preceding 3 months)

Month High Price Low Price Average Price
Mar-2022 4880.00 3960.00 4408.57
Feb-2022 5382.00 4555.00 5001.55
Jan-2022 6907.00 4301.10 6189.40

Stock price at NSE (in preceding 3 months)

Month High Price Low Price Average Price
Oct-2021 762.00 686.25 727.39
Nov-2021 794.00 678.55 736.82
Dec-2021 767.70 681.55 734.69

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