Cheviot Company Buyback vs MOIL Buyback

Comparision between Cheviot Company Buyback and MOIL Buyback.

Buyback Details

Cheviot Company Buyback is a Tender Offer buyback proposed to list at BSE while MOIL Buyback is a Tender Offer proposed to list at BSE, NSE.

Cheviot Company Limited

MOIL Limited

Logo

Type of Buyback

Tender Offer

Listing At

BSE

BSE, NSE

Face Value

₹10 per share

Buyback Price

₹1725 per share

₹205 per share

Issue Size

2,50,000 shares

3,38,42,668 shares

Issue Size (Amount)

₹43.13 Crores

₹693.77 Crores

Buyback Ratio

Category	Entitlement Ratio of Buyback
Reserved Category for Small Shareholders	13 Equity Shares out of every 141 shares held on the record date.
General Category for all other Eligible Shareholders	31 Equity Shares out of every 854 shares held on the record date.

Category	Entitlement Ratio of Buyback
Reserved Category for Small Shareholders	123 Equity Shares out of every 625 shares held on the record date.
General Category for all other Eligible Shareholders	99 Equity Shares out of every 728 shares held on the record date.

Registrar

Maheshwari Datamatics Pvt. Ltd

Bigshare Services Pvt Ltd

Lead Managers

Vc Corporate Advisors Pvt Ltd (Vcapl)

Idbi Capital Market Services Limited

Necessity of the buyback

The Buyback aims to :
i) Distribute surplus funds to shareholders and thereby enhance their overall return.
ii) Improve financial ratios like Earnings per share (EPS), Return on assets (ROA) and Return on Equity (ROE).

The Buyback aims to :
i) Reduce outstanding number of equity shares and consequently increase earnings per share and book value per share.
ii) Effectively utilize available cash; and
iii) Improve key return ratios like return on equity capital.

Buyback Timetable

Cheviot Company Buyback and MOIL Buyback buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. Cheviot Company Buyback Buyback record date is Dec 17, 2021. MOIL Buyback Buyback record date is Dec 31, 2021.

	Cheviot Company Limited	MOIL Limited
Record Date	Dec 17, 2021	Dec 31, 2021
Offer Open Date	Jan 10, 2022	Jan 28, 2022
Offer Closure Date	Jan 21, 2022	Feb 10, 2022
Last date for receipt of tender forms	Jan 25, 2022	Feb 12, 2022
Finalisation of buyback	Jan 28, 2022	Feb 18, 2022
Last Date for settlment of bids	Jan 31, 2022	Feb 21, 2022
Last Date for extinguishment of shares	Feb 09, 2022	Feb 28, 2022

Financial Details and Other Relevent Information

Comparison of Cheviot Company Buyback and MOIL Buyback financial data. The table below also includes a list of all relevant information like Stock Market Data, Compay Information, Lead Manager and Registrar.

Cheviot Company Limited

MOIL Limited

Financial

Summary of financial Information Standalone)
Particulars	For the year/period ended (Rs. in Millions)
	30-Sep-21	31-Mar-21	31-Mar-20	31-Mar-19
Total Income	2,705.19	4,413.03	4,677.62	4,166.73
Profit After Tax	476.14	757.23	481.21	501.78
Net Worth	4,398.25	5,014.98	4,659.72	4,451.81
Reserves and Surplus	4,335.55	4,952.27	4,595.01	4,387.11

Summary of financial Information standalone)
Particulars	For the year/period ended (Rs. in Millions)
	31-Mar-21	31-Mar-20	31-Mar-19
Total Income	12,798.5	12,191.8	16,314.8
Profit After Tax	1,766.3	2,482.2	4,739.0
Reserves & Surplus	25,825.7	2,5260.6	28,251.0
Net Worth	28,199.0	27,633.9	30,827.1

Stock price at BSE

Stock price at BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Nov-2021	1390.00	1131.00	1224.93
Oct-2021	1305.00	1102.00	1223.67
Sep-2021	1369.95	1250.00	1308.24

Stock price at BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Nov-2021	179.80	156.35	170.92
Oct-2021	174.55	154.70	164.37
Sep-2021	181.30	156.25	165.23

Stock price at NSE

Stock price at NSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Nov-2021	179.80	157.15	170.96
Oct-2021	174.70	154.50	164.36
Sep-2021	181.50	156.15	165.22

Compare with others

Cheviot Company Limited	MOIL Limited
Emami Ltd Buyback	James Warren Tea Buyback
TCS Buyback	Great Eastern Shipping Buyback
James Warren Tea Buyback	Ajanta Pharma Buyback
Great Eastern Shipping Buyback	Cheviot Company Buyback
Ajanta Pharma Buyback	Weizmann Buyback
Weizmann Buyback	MPS Buyback
MOIL Buyback	AksharChem India Buyback
MPS Buyback	S H Kelkar Buyback
AksharChem India Buyback	Nucleus Software Buyback
S H Kelkar Buyback	Goldiam International Buyback

Comments

Add a public comment...