Zerodha (Trading & Demat Account)
FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
Zerodha (Trading & Demat Account)
FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
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Motilal Oswal Financial Services Limited is engaged in the business of financial services and products in India. The company is a distributor of Mutual Funds, PMS, Fixed deposits, Bond, NCDs, Insurance Products, Investment advisors and IPOs. Motilal Oswal Financial Services Limited provides a wide range of financial products and services like trading services, trading platforms, loans against securities, stock lending, IPO funding, margin funding, investment advisory, portfolio restructuring, fixed deposits, value-added services, etc.
Motilal Oswal Financial Services Limited has over 29,00,000+ Happy Customers and 4 Star+ ratings for its trading applications.
| Issue Period | June 24, 2022 - July 7, 2022 |
| Security Name | Motilal Oswal Financial Services Limited |
| Issue Type | Tender Offer |
| Issue Size (Shares) | 1,454,545 |
| Issue Size (Amount) | ₹160.00 Crores |
| Buyback Price | ₹1100 per share |
| Face Value | ₹1 per share |
| Listing At | BSE, NSE |
| Record Date | May 27, 2022 |
| Offer Opens On | June 24, 2022 |
| Last Date for receipt of Tender Forms | July 11, 2022 |
| Offer Closes On * | July 7, 2022 |
| Finalisation of Buyback Acceptance | July 15, 2022 |
| Last Date for settlment of bids | July 18, 2022 |
| Last Date for Extinguishment of Shares | July 25, 2022 |
| Category | Entitlement Ratio of Buyback |
|---|---|
| Reserved Category for Small Shareholders | 7 Equity Share out of every 76 Fully paid-up Equity Shares held on the Record Date. |
| General Category for all other Eligible Shareholders | 3 Equity Shares out of every 356 Fully paid-up Equity Shares held on the Record Date. |
| Particulars | For the year/period ended (Rs. in Lakh) | ||
|---|---|---|---|
| 31-Mar-22 | 31-Mar-21 | 31-Mar-20 | |
| Total Income | 4,31,982.51 | 3,63,411.26 | 2,36,541 |
| Profit After Tax | 1,31,071.50 | 1,20,294.80 | 21,539.59 |
| Net Worth | 5,67,463.20 | 4,46,345.60 | 3,08,188.54 |
| Month | High Price | Low Price | Average Price |
|---|---|---|---|
| Apr-2022 | 960.00 | 858.70 | 902.42 |
| Mar-2022 | 949.75 | 806.35 | 864.35 |
| Feb-2022 | 959.55 | 823.25 | 903.33 |
| Month | High Price | Low Price | Average Price |
|---|---|---|---|
| Apr-2022 | 960.00 | 858.05 | 903.04 |
| Mar-2022 | 948.70 | 805.60 | 864.20 |
| Feb-2022 | 959.85 | 824.00 | 903.49 |
The buyback is being undertaken for the following reasons:
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Motilal Oswal Financial Services Limited
Motilal Oswal Tower,
Rahimtullah Sayani Road,
Opposite Parel ST Depot, Prabhadevi, Mumbai-400025
Phone: 022 - 71934200
Email: shareholders@motilaloswal.com
Website: https://www.motilaloswal.com/
Link Intime India Private Ltd
Link Intime India Private Ltd
C 101, 247 Park, L.B.S.Marg,
Vikhroli (West), Mumbai - 400083
Phone: +91-22-4918 6270
Email: mofsl.buyback2022@linkintime.co.in
Website: https://linkintime.co.in/initial_offer/public-issues.html
Lead Manager(s)
Registered Broker
The Motilal Oswal Financial Services Buyback opens on June 24, 2022, and closes on July 7, 2022.
The Motilal Oswal Financial Services Buyback last day to buy is not available as of now.
The Motilal Oswal Financial Services Buyback is a Tender Offer.
Motilal Oswal Financial Services Buyback Schedule
| Buyback Opening Date | June 24, 2022 |
| Buyback Closing Date | July 7, 2022 |
| Last Date for receipt of Tender Forms | July 11, 2022 |
| Finalisation of Buyback Acceptance | July 15, 2022 |
| Last Date for settlment of bids | July 18, 2022 |
| Last Date for Extinguishment of Shares | July 25, 2022 |
The Motilal Oswal Financial Services Buyback is being offered at Rs ₹1100 per share per equity share.
| Category | Entitlement Ratio of Buyback |
|---|---|
| Reserved Category for Small Shareholders | 7 Equity Share out of every 76 Fully paid-up Equity Shares held on the Record Date. |
| General Category for all other Eligible Shareholders | 3 Equity Shares out of every 356 Fully paid-up Equity Shares held on the Record Date. |
The record date for the Motilal Oswal Financial Services Buyback is May 27, 2022.
The issue size of Motilal Oswal Financial Services Buyback is of 1,454,545 equity shares at ₹1100 per share aggregating upto ₹160.00 Crores.
The buyback is being undertaken for the following reasons:
All the eligible Shareholders of the Company holding either Physical Shares or Demat Shares as on the Record Date can participate in the buyback offer through their Stock Broker.
The eligible shareholder holding the shares in Demat form needs to inform their broker the details of the Equity shares they wish to tender in the Buyback Offer. The shareholder needs to transfer the tendered shares to a Special account of the clearing corporation. The broker, in turn, would place an order on the stock exchange for the buyback.
The eligible shareholder holding the shares in physical form needs to approach their broker with original share certificates and supporting documents. Upon completion of document verification, the broker places an order on the stock exchange and submits the original share certificate and TRS to the registrar.
The tender form and TRS are optional in the case of Demat shares but mandatory in the case of physical shares.
The Motilal Oswal Financial Services Buyback offers an opportunity for the shareholders to exit their positions at a premium price. In case you stay invested you would have an increased percentage of shareholding in the company and improved earnings per share. Thus, one should understand the company fundamentals along with one's need, goals, and risk appetite to decide if one wants to stay invested or participate in the buyback offer.
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