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Matrimony.com Buyback vs Sinclairs Hotels Buyback

Comparision between Matrimony.com Buyback and Sinclairs Hotels Buyback.

Buyback Details

Matrimony.com Buyback is a Tender Offer buyback proposed to list at BSE while Sinclairs Hotels Buyback is a Tender Offer proposed to list at BSE.

  Matrimony.com Limited Sinclairs Hotels Limited
Logo Matrimony.com Buyback Logo Sinclairs Hotels Buyback Logo
Type of Buyback Tender Offer Tender Offer
Listing At BSE BSE
Face Value ₹5 per share ₹2 per share
Buyback Price ₹1150 per share ₹143 per share
Issue Size 6,52,173 shares 7,00,000 shares
Issue Size (Amount) ₹75.00 Crores ₹10.01 Crores
Buyback Ratio
Category Entitlement Ratio of Buyback
Reserved Category for Small Shareholders 6 Equity Share out of every 43 Fully paid-up Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders 41 Equity Shares out of every 793 Fully paid-up Equity Shares held on the Record Date.
Registrar Kfin Technologies Limited Niche Technologies Pvt. Ltd
Lead Managers Motilal Oswal Investment Advisors 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 thereby enhancing the overall return to shareholders.

2. The Buyback is generally expected to improve return on equity through distribution of cash and improve earnings per share by reduction in the equity base of the Company, thereby leading to long term increase in shareholders' value.

The buyback is being undertaken for the following reason:

1. The Buyback will help the Company to return surplus cash to its shareholders holding equity shares broadly in proportion to their shareholding, thereby, enhancing the overall return to shareholders.

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

Buyback Timetable

Matrimony.com Buyback and Sinclairs Hotels Buyback buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. Matrimony.com Buyback Buyback record date is Jul 04, 2022. Sinclairs Hotels Buyback Buyback record date is May 13, 2022.

  Matrimony.com Limited Sinclairs Hotels Limited
Record Date Jul 04, 2022 May 13, 2022
Offer Open Date Jul 26, 2022 Jun 03, 2022
Offer Closure Date Aug 08, 2022 Jun 16, 2022
Last date for receipt of tender forms Aug 08, 2022
Finalisation of buyback Aug 19, 2022
Last Date for settlment of bids Aug 22, 2022
Last Date for extinguishment of shares Aug 26, 2022

Financial Details and Other Relevent Information

Comparison of Matrimony.com Buyback and Sinclairs Hotels Buyback financial data. The table below also includes a list of all relevant information like Stock Market Data, Compay Information, Lead Manager and Registrar.

  Matrimony.com Limited Sinclairs Hotels Limited
Financial
Summary of financial Information (Consolidated)
Particulars For the year/period ended (Rs. in Million)
  31-Mar-22 31-Mar-21 31-Mar-20
Total Income 4,524.36 3,953.34 3,896.95
Profit After Tax 535.91 407.74 295.35
Net Worth 3,103.53 2,632.97 2,282.41
Summary of financial Information
Particulars For the year/period ended (Rs. in Lakhs)
  31-Mar-21 31-Mar-20 31-Mar-19
Total Income 2,313.88 4,716.66 4,958.31
Profit After Tax 351.12 948.90 974.69
Net Worth 10,334.42 10,195.89 9,643.24
Stock price at BSE

Stock price at BSE (in preceding 3 months)

Month High Price Low Price Average Price
May-2022 797.00 652.80 745.20
Apr-2022 799.00 663.00 728.27
Mar-2022 748.95 660.35 698.07

Stock price at BSE (in preceding 3 months)

Month High Price Low Price Average Price
Mar-2022 100.00 75.00 89.23
Feb-2022 89.80 70.00 81.84
Jan-2022 78.50 60.00 73.56
Stock price at NSE

Stock price at NSE (in preceding 3 months)

Month High Price Low Price Average Price
May-2022 792.25 645.35 745.41
Apr-2022 799.90 663.00 727.37
Mar-2022 738.00 661.00 697.63

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