MOIL Buyback vs S H Kelkar Buyback

Comparision between MOIL Buyback and S H Kelkar Buyback.

Buyback Details

MOIL 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.

MOIL Limited

S H Kelkar and Company Limited

Logo

Type of Buyback

Tender Offer

Listing At

BSE, NSE

Face Value

₹10 per share

Buyback Price

₹205 per share

₹210 per share

Issue Size

3,38,42,668 shares

29,00,000 shares

Issue Size (Amount)

₹693.77 Crores

₹60.90 Crores

Buyback Ratio

Category	Entitlement Ratio of Buyback
Reserved Category for Small Shareholders	123 Equity Shares out of every 625 shares held on the record date.
General Category for all other Eligible Shareholders	99 Equity Shares out of every 728 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

Bigshare Services Pvt Ltd

Link Intime India Private Ltd

Lead Managers

Idbi Capital Market Services Limited

Keynote Financial Services Ltd

Necessity of the buyback

The Buyback aims to :
i) Reduce outstanding number of equity shares and consequently increase earnings per share and book value per share.
ii) Effectively utilize available cash; and
iii) Improve key return ratios like return on equity capital.

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

Buyback Timetable

MOIL 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. MOIL Buyback Buyback record date is Dec 31, 2021. S H Kelkar Buyback Buyback record date is Nov 12, 2021.

	MOIL Limited	S H Kelkar and Company Limited
Record Date	Dec 31, 2021	Nov 12, 2021
Offer Open Date	Jan 28, 2022	Dec 15, 2021
Offer Closure Date	Feb 10, 2022	Dec 28, 2021
Last date for receipt of tender forms	Feb 12, 2022	Dec 28, 2021
Finalisation of buyback	Feb 18, 2022	Jan 05, 2022
Last Date for settlment of bids	Feb 21, 2022	Jan 06, 2022
Last Date for extinguishment of shares	Feb 28, 2022	Jan 13, 2022

Financial Details and Other Relevent Information

Comparison of MOIL 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.

MOIL Limited

S H Kelkar and Company 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	12,798.5	12,191.8	16,314.8
Profit After Tax	1,766.3	2,482.2	4,739.0
Reserves & Surplus	25,825.7	2,5260.6	28,251.0
Net Worth	28,199.0	27,633.9	30,827.1

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	179.80	156.35	170.92
Oct-2021	174.55	154.70	164.37
Sep-2021	181.30	156.25	165.23

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	179.80	157.15	170.96
Oct-2021	174.70	154.50	164.36
Sep-2021	181.50	156.15	165.22

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

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

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