Jun 24, 2022 - Jul 7, 2022

Motilal Oswal Financial Services Limited Buyback (Motilal Oswal Financial Services Buyback) Detail

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.

Motilal Oswal Financial Services Buyback Detail

Issue Period	Jun 24, 2022 - Jul 7, 2022
Security Name	Motilal Oswal Financial Services Limited
Issue Type	Tender Offer
Issue Size (Shares)	0.15 Crores
Issue Size (Amount)	₹160.00 Crores
Buyback Price	₹1100 per share
Face Value	₹1 per share
Listing At	BSE, NSE

Motilal Oswal Financial Services Buyback Issue Timetable

Offer Opens On	Jun 24, 2022
Offer Closes On	Jul 7, 2022
Record Date	May 27, 2022
Last Date for receipt of Tender Forms	Jul 11, 2022
Finalisation of Buyback Acceptance	Jul 15, 2022
Last Date for settlment of bids	Jul 18, 2022
Last Date for Extinguishment of Shares	Jul 25, 2022

Buyback Ratio

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.

Company Financials

Summary of financial Information (Consolidated)
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

Stock price at BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Apr-2022	960	858.7	902.42
Mar-2022	949.75	806.35	864.35
Feb-2022	959.55	823.25	903.33

Stock price at NSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Apr-2022	960	858.05	903.04
Mar-2022	948.7	805.6	864.2
Feb-2022	959.85	824	903.49

Necessity of the Issue

The buyback is being undertaken for the following reasons:

The Buyback will help the Company to distribute surplus cash to its shareholders holding Equity Shares broadly in proportion to their shareholding, thereby, enhancing the overall return to the shareholders.
The Buyback will help the Company to optimise the capital structure.
The Buyback would help in improving financial ratios like earnings per share, return on capital employed and return on equity, by reducing the equity base of the Company.

Motilal Oswal Financial Services Buyback Documents

Letter of Offer

Motilal Oswal Financial Services Buyback Rating

4.3

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Company Contact Information

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/

Motilal Oswal Financial Services Buyback Registrar

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/