Comparison between Atul Limited Buyback and Gail India Buyback.
Atul Limited Buyback is a Open Market Through Stock Exchange buyback proposed to list at BSE, NSE while Gail India Buyback is a Tender Offer proposed to list at BSE, NSE.
| Atul Ltd. | Gail (India) Ltd. | |||||||
|---|---|---|---|---|---|---|---|---|
| Logo |  |  | ||||||
| Type of Buyback | Open Market Through Stock Exchange | Tender Offer | ||||||
| Listing At | BSE, NSE | BSE, NSE | ||||||
| Face Value | ₹10 per share | ₹10 per share | ||||||
| Buyback Price | ₹11000 per share | ₹150 per share | ||||||
| Issue Size | 6,97,56,641 shares | |||||||
| Issue Size (Amount) | ₹70.00 Crores | ₹1,046.35 Crores | ||||||
| Buyback Ratio |
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| Registrar | MUFG Intime India Pvt.Ltd. | MCS Share Transfer Agent Ltd. | ||||||
| Lead Managers | Vivro Financial Services Pvt.Ltd. | IDBI Capital Markets & Securities Ltd. | ||||||
| Necessity of the buyback | The Buy-back aims to: 1. Return surplus funds to the equity shareholders of the Company. 2. Improve earnings per share by reducing the equity base, thereby leading to a long-term increase in the value of shareholders. |
The Buyback is aimed to :
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Atul Limited Buyback and Gail India Buyback buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. Atul Limited Buyback Buyback record date is . Gail India Buyback Buyback record date is Jan 28, 2021.
| Atul Ltd. | Gail (India) Ltd. | |
|---|---|---|
| Record Date | Jan 28, 2021 | |
| Offer Open Date | Apr 07, 2022 | Feb 25, 2021 |
| Offer Closure Date | May 09, 2022 | Mar 10, 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 |
Comparison of Atul Limited Buyback and Gail India Buyback financial data. The table below also includes a list of all relevant information like Stock Market Data, Compay Information, Lead Manager and Registrar.
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| Financial |
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| Stock price at BSE | Stock price at BSE (in preceding 3 months)
| Stock price at BSE (in preceding 3 months)
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| Stock price at NSE | Stock price at NSE (in preceding 3 months)
| Stock price at NSE (in preceding 3 months)
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