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Filatex India Buyback vs UPL Limited Buyback 2022

Comparision between Filatex India Buyback and UPL Limited Buyback 2022.

Buyback Details

Filatex India 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.

  Filatex India Limited UPL Limited
Logo Filatex India 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 ₹2 per share ₹2 per share
Buyback Price ₹140 per share ₹875 per share
Issue Size 42,50,000 shares
Issue Size (Amount) ₹59.50 Crores ₹1,100.00 Crores
Buyback Ratio
Category Entitlement Ratio of Buyback
Reserved Category for Small Shareholders 23 Equity Share out of every 226 Fully paid-up Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders 8 Equity Share out of every 485 Fully paid-up Equity Shares held on the Record Date.
Registrar Mcs Share Transfer Agent Limited Link Intime India Private Ltd
Lead Managers Corporate Professionals Capital Private Ltd 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 financial ratios like earnings per share and return on equity, by reducing the equity base of the company.

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

Filatex India 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. Filatex India Buyback Buyback record date is Apr 08, 2022. UPL Limited Buyback 2022 Buyback record date is .

  Filatex India Limited UPL Limited
Record Date Apr 08, 2022
Offer Open Date May 09, 2022 Apr 07, 2022
Offer Closure Date May 23, 2022 May 20, 2022
Last date for receipt of tender forms May 23, 2022
Finalisation of buyback May 27, 2022
Last Date for settlment of bids Jun 01, 2022
Last Date for extinguishment of shares Jun 08, 2022

Financial Details and Other Relevent Information

Comparison of Filatex India 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.

  Filatex India Limited UPL Limited
Financial
Summary of financial Information (standalone)
Particulars For the year/period ended (Rs. in Lakhs)
  31-Mar-21 31-Mar-20 31-Mar-19
Total Income 2,23,660.74 2,79,448.95 2,88,588.53
Profit After Tax 16,583.32 12,147.04 8,484.60
Net Worth 68,976.87 52,272.04 39,934.67
Reserves and Surplus 64,560.51 47,878.34 35,584.67
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
Feb-2022 129.80 101.15 119.89
Jan-2022 142.30 96.50 118.36
Dec-2021 103.90 72.50 90.82

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
Feb-2022 129.35 101.00 120.46
Jan-2022 142.80 96.55 120.76
Dec-2021 104.00 72.35 91.36

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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