MPS Buyback vs S H Kelkar Buyback

Comparision between MPS Buyback and S H Kelkar Buyback.

Buyback Details

MPS Buyback is a Tender Offer buyback proposed to list at BSE, NSE while S H Kelkar Buyback is a Tender Offer proposed to list at BSE, NSE.

MPS Limited

S H Kelkar and Company Limited

Logo

Type of Buyback

Tender Offer

Listing At

BSE, NSE

Face Value

₹10 per share

Buyback Price

₹900 per share

₹210 per share

Issue Size

9,44,444 shares

29,00,000 shares

Issue Size (Amount)

₹85.00 Crores

₹60.90 Crores

Buyback Ratio

Category	Entitlement Ratio of Buyback
Reserved Category for Small Shareholders	15 Equity Shares out of every 82 Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders	2 Equity Shares out of every 43 Equity Shares held on the Record Date.

Category	Entitlement Ratio of Buyback
Reserved Category for Small Shareholders	1 Equity Shares out of every 17 fully paid-up Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders	2 Equity Shares out of every 109 fully paid-up Equity Shares held on the Record Date.

Registrar

Cameo Corporate Services Limited

Link Intime India Private Ltd

Lead Managers

Ernst & Young Merchant Banking Services Llp

Keynote Financial Services Ltd

Necessity of the buyback

The Buyback aims to:
i) Distribute surplus funds to shareholders and thereby enhance their overall return.
ii) Improve financial ratios like earnings per share, return on capital employed, and return on equity, by reducing the equity base of the Company.

The Buyback aims to :
i) Reward the shareholders.
ii) Optimize the capital structure

Buyback Timetable

MPS Buyback and S H Kelkar Buyback buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. MPS Buyback Buyback record date is Dec 17, 2021. S H Kelkar Buyback Buyback record date is Nov 12, 2021.

	MPS Limited	S H Kelkar and Company Limited
Record Date	Dec 17, 2021	Nov 12, 2021
Offer Open Date	Jan 14, 2022	Dec 15, 2021
Offer Closure Date	Jan 28, 2022	Dec 28, 2021
Last date for receipt of tender forms	Jan 31, 2022	Dec 28, 2021
Finalisation of buyback	Feb 08, 2022	Jan 05, 2022
Last Date for settlment of bids	Feb 08, 2022	Jan 06, 2022
Last Date for extinguishment of shares	Feb 15, 2022	Jan 13, 2022

Financial Details and Other Relevent Information

Comparison of MPS Buyback and S H Kelkar Buyback financial data. The table below also includes a list of all relevant information like Stock Market Data, Compay Information, Lead Manager and Registrar.

MPS Limited

S H Kelkar and Company Limited

Financial

Summary of financial Information Consolidated)
Particulars	For the year/period ended (Rs. in Millions)
	31-Mar-21	31-Mar-20	31-Mar-19
Total Income	4,324.2	3,516.3	3,878.0
Profit After Tax	585.6	598.6	760.4
Net Worth	3,747.5	3,583.8	4,695.0

Summary of financial Information (standalone)
Particulars	For the year/period ended (Rs. in Millions)
	30-Sep-21 (Unaudited)	31-Mar-21	31-Mar-20	31-Mar-19
Total Income	3,724.90	7,954.40	7,290.00	7,129.20
Profit After Tax	155.90	797.10	319.20	449.70
Net Worth	6,403.70	6,349.70	5,687.30	5,965.50
Reserves and Surplus	4,990.50	4,936.50	4,274.10	4,519.30

Stock price at BSE

Stock price at BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Nov-2021	746.30	674.45	709.27
Oct-2021	745.00	658.30	691.44
Sep-2021	734.00	657.50	695.77

Stock price at BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Oct-2021	167.90	142.20	155.30
Sep-2021	175.10	145.20	162.20
Aug-2021	182.00	134.85	155.11

Stock price at NSE

Stock price at NSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Nov-2021	779.00	675.35	709.71
Oct-2021	746.60	636.05	691.20
Sep-2021	730.00	662.00	696.11

Stock price at NSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Oct-2021	166.40	142.00	155.28
Sep-2021	175.50	148.25	162.27
Aug-2021	182.20	135.00	155.10

Compare with others

MPS Limited	S H Kelkar and Company Limited
Great Eastern Shipping Buyback	Cheviot Company Buyback
Ajanta Pharma Buyback	Weizmann Buyback
Cheviot Company Buyback	MOIL Buyback
Weizmann Buyback	MPS Buyback
MOIL Buyback	AksharChem India Buyback
AksharChem India Buyback	Nucleus Software Buyback
S H Kelkar Buyback	Goldiam International Buyback
Nucleus Software Buyback	eClerx Services Limited Buyback
Goldiam International Buyback	Rishiroop Limited Buyback
eClerx Services Limited Buyback	Mahalaxmi Rubtech Buyback

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