Mahalaxmi Rubtech Buyback vs Rsystems Buyback

Comparision between Mahalaxmi Rubtech Buyback and Rsystems Buyback.

Buyback Details

Mahalaxmi Rubtech Buyback is a Tender Offer buyback proposed to list at BSE while Rsystems Buyback is a Tender Offer proposed to list at BSE, NSE.

Mahalaxmi Rubtech Limited

R Systems International Limited

Logo

Type of Buyback

Tender Offer

Listing At

BSE

BSE, NSE

Face Value

₹10 per share

₹1 per share

Buyback Price

₹70 per share

₹225 per share

Issue Size

27,00,000 shares

13,33,000 shares

Issue Size (Amount)

₹18.90 Crores

₹29.99 Crores

Buyback Ratio

Category	Entitlement Ratio of Buyback
Reserved Category for Small Shareholders	25 Equity shares out of every 73 fully paid up Equity shares held on the Record date.
General Category for all other Eligible Shareholders	14 Equity shares out of every 71 fully paid up Equity shares held on the Record date.

Category	Entitlement Ratio of Buyback
Reserved Category for Small Shareholders	1 Equity Shares out of every 14 fully paid-up Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders	1 Equity Shares out of every 103 fully paid-up Equity Shares held on the Record Date.

Registrar

Cameo Corporate Services Limited

Link Intime India Private Ltd

Lead Managers

Saffron Capital Advisors Private Limited

Motilal Oswal Investment Advisors Limited

Necessity of the buyback

The Buyback aims to :
ii) Give an option to shareholders to get cash in lieu of Equity Shares to be accepted under the Buyback or choose not to participate and enjoy a resultant increase in their percentage shareholding without additional investment.
iii) The Buyback will help in improving certain key financial ratios of the Company.

The Buyback aims to:
i) help the Company to distribute surplus cash to its shareholders holding Equity Shares broadly in proportion to their shareholding, thereby, enhancing the overall return to shareholders.
ii) in improving financial ratios like earnings per share and return on equity, by reducing the equity base of the Company.

Buyback Timetable

Mahalaxmi Rubtech Buyback and Rsystems Buyback buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. Mahalaxmi Rubtech Buyback Buyback record date is Aug 27, 2021. Rsystems Buyback Buyback record date is Aug 27, 2021.

	Mahalaxmi Rubtech Limited	R Systems International Limited
Record Date	Aug 27, 2021	Aug 27, 2021
Offer Open Date	Sep 29, 2021	Sep 20, 2021
Offer Closure Date	Oct 12, 2021	Oct 01, 2021
Last date for receipt of tender forms	Oct 15, 2021	Oct 01, 2021
Finalisation of buyback	Oct 22, 2021	Oct 11, 2021
Last Date for settlment of bids	Oct 25, 2021	Oct 12, 2021
Last Date for extinguishment of shares	Nov 01, 2021	Oct 19, 2021

Financial Details and Other Relevent Information

Comparison of Mahalaxmi Rubtech Buyback and Rsystems Buyback financial data. The table below also includes a list of all relevant information like Stock Market Data, Compay Information, Lead Manager and Registrar.

Mahalaxmi Rubtech Limited

R Systems International Limited

Financial

Summary of financial Information (Standalone)
Particulars	For the year/period ended (Rs.in Millions)
	31-Mar-21	31-Mar-20	31-Mar-19
Total Income	1,393.76	1,811.11	1,866.50
Profit After Tax	61.00	48.16	49.31
Net Worth	940.32	880.91	830.48
Reserves and Surplus	807.12	747.71	697.28

Summary of financial Information (standalone)
Particulars	For the year/period ended (Rs. in Millions)
	31-Dec-20	31-Dec-19
Total Income	4,513.08	4,064.40
Profit After Tax	697.07	514.95
Net Worth	3,428.91	2,746.92
Reserves and Surplus	3,309.27	2,627.32

Stock price at BSE

Stock price at BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Jul-2021	68.75	47.90	58.33
Jun-2021	51.35	48.25	49.80
May-2021	51.10	37.60	44.35

Stock price at BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Jul-2021	211.45	147.25	171.82
Jun-2021	167.00	130.00	143.13
May-2021	156.85	114.60	134.09

Stock price at NSE

Stock price at NSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Jul-2021	211.95	150.55	171.66
Jun-2021	167.00	130.45	143.06
May-2021	155.00	113.15	133.90

Compare with others

Mahalaxmi Rubtech Limited	R Systems International Limited
S H Kelkar Buyback	Rishiroop Limited Buyback
Nucleus Software Buyback	Mahalaxmi Rubtech Buyback
Goldiam International Buyback	Star Cement Buyback
eClerx Services Limited Buyback	Gandhi Special Tubes Limited Buyback
Rishiroop Limited Buyback	Shriram Pistons & Rings Buyback
Star Cement Buyback	Kaveri Seed Buyback
Gandhi Special Tubes Limited Buyback	Balrampur Chini Mills Buyback
Shriram Pistons & Rings Buyback	Tanla Platforms Buyback
Rsystems Buyback	Infosys Buyback
Kaveri Seed Buyback	Welspun India Buyback

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