Gail India Buyback vs VRL Logistics Buyback

Comparision between Gail India Buyback and VRL Logistics Buyback.

Buyback Details

Gail India Buyback is a Tender Offer buyback proposed to list at BSE, NSE while VRL Logistics Buyback is a Open Market Through Stock Exchange proposed to list at BSE, NSE.

Gail (India) Limited

VRL Logistics Limited

Logo

Type of Buyback

Tender Offer

Open Market Through Stock Exchange

Listing At

BSE, NSE

Face Value

₹10 per share

Buyback Price

₹150 per share

₹300 per share

Issue Size

6,97,56,641 shares

Issue Size (Amount)

₹1,046.35 Crores

₹60.00 Crores

Buyback Ratio

Category	Entitlement Ratio of Buyback
Reserved Category for Small Shareholders	71 Equity Shares out of every 733 Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders	4 Equity Shares out of every 297 Equity Shares held on the Record Date.

Registrar

Mcs Share Transfer Agent Limited

Kfin Technologies Limited

Lead Managers

Idbi Capital Market Services Limited

ICICI Securities Limited

Necessity of the buyback

The Buyback is aimed to :
i) Optimize the capital structure of the company.
ii) Improve Return on Equity
iii) Increase in shareholder's value in the long-term.

The Buyback will help the Company achieve the following objectives:
i) Optimize returns to shareholders;
ii) Enhance overall shareholders’ value; and
iii) Improve return on equity by reduction in the equity base.

Buyback Timetable

Gail India Buyback and VRL Logistics Buyback buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. Gail India Buyback Buyback record date is Jan 28, 2021. VRL Logistics Buyback Buyback record date is .

	Gail (India) Limited	VRL Logistics Limited
Record Date	Jan 28, 2021
Offer Open Date	Feb 25, 2021	Feb 17, 2021
Offer Closure Date	Mar 10, 2021	Aug 16, 2021
Last date for receipt of tender forms	Mar 12, 2021
Finalisation of buyback	Mar 18, 2021
Last Date for settlment of bids	Mar 19, 2021
Last Date for extinguishment of shares	Mar 26, 2021

Financial Details and Other Relevent Information

Comparison of Gail India Buyback and VRL Logistics Buyback financial data. The table below also includes a list of all relevant information like Stock Market Data, Compay Information, Lead Manager and Registrar.

Gail (India) Limited

VRL Logistics Limited

Financial

Summary of financial Information (standalone)
Particulars	For the year/period ended (Rs. in Crores)
	31-Mar-20	31-Mar-19	31-Mar-18
Total Income	73,293.19	76,671.57	54,812.49
Profit After Tax	6,620.63	6,025.67	4,618.41
Net Worth	41,853.99	39,202.06	35,241.50

Summary of financial Information (standalone)
Particulars	For the year/period ended (Rs. in Millions)
	31-Mar-20	31-Mar-19	31-Mar-18
Total Income	21,288.56	21,174.68	19,365.50
Profit After Tax	901.14	919.16	925.64
Net Worth	6,168.69	6,459.38	5,932.19

Stock price at BSE

Stock price at BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Dec-2020	128.75	103.30	121.18
Nov-2020	106.60	83.10	93.03
Oct-2020	89.50	81.25	85.38

Stock price at BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Jan-2021	214.00	165.00	196.03
Dec-2020	214.00	171.80	197.27
Nov-2020	192.60	149.00	166.31

Stock price at NSE

Stock price at NSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Dec-2020	128.80	103.10	121.20
Nov-2020	106.70	83.05	93.05
Oct-2020	89.80	81.20	85.40

Stock price at NSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Jan-2021	209.70	179.25	196.00
Dec-2020	214.25	171.75	197.31
Nov-2020	193.05	149.00	166.32

Compare with others

Gail (India) Limited	VRL Logistics Limited
Suprajit Engineering Buyback	Nava Bharat Ventures Buyback
Bharat Rasayan Buyback	Indian Toners & Developers Buyback
Jagran Prakashan Buyback	Gail India Buyback
Nava Bharat Ventures Buyback	NALCO Buyback
Indian Toners & Developers Buyback	Neelamalai Agro Buyback
NALCO Buyback	Anup Engineering Buyback
Neelamalai Agro Buyback	Atul Buyback
VRL Logistics Buyback	Freshtrop Fruits Buyback
Anup Engineering Buyback	Archidply Industries Buyback
Atul Buyback	Industrial and Prudential Investment Buyback

Comments

Add a public comment...