Comparison between CL Educate Buyback and Motilal Oswal Financial Services Buyback.
CL Educate Buyback is a Open Market Through Stock Exchange buyback proposed to list at BSE, NSE while Motilal Oswal Financial Services Buyback is a Tender Offer proposed to list at BSE, NSE.
| CL Educate Ltd. | Motilal Oswal Financial Services Ltd. | |||||||
|---|---|---|---|---|---|---|---|---|
| Logo |  |  | ||||||
| Type of Buyback | Open Market Through Stock Exchange | Tender Offer | ||||||
| Listing At | BSE, NSE | BSE, NSE | ||||||
| Face Value | ₹5 per share | ₹1 per share | ||||||
| Buyback Price | ₹170 per share | ₹1100 per share | ||||||
| Issue Size | 14,54,545 shares | |||||||
| Issue Size (Amount) | ₹10.00 Crores | ₹160.00 Crores | ||||||
| Buyback Ratio |
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| Registrar | Kfin Technologies Ltd. | MUFG Intime India Pvt.Ltd. | ||||||
| Lead Managers | V.B.Desai Financial Services Ltd. | Ernst & Young Merchant Banking Services LLP | ||||||
| Necessity of the buyback | The Buyback is being undertaken, inter-alia, for the following reasons: 1. The Buyback will help the Company to return surplus cash to its shareholders holding Equity Shares. 2. The Buyback may help in improving return on equity. | The buyback is being undertaken for the following reasons:
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CL Educate Buyback and Motilal Oswal Financial Services Buyback buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. CL Educate Buyback Buyback record date is . Motilal Oswal Financial Services Buyback Buyback record date is May 27, 2022.
| CL Educate Ltd. | Motilal Oswal Financial Services Ltd. | |
|---|---|---|
| Record Date | May 27, 2022 | |
| Offer Open Date | May 27, 2022 | Jun 24, 2022 |
| Offer Closure Date | Jul 29, 2022 | Jul 07, 2022 |
| Last date for receipt of tender forms | Jul 11, 2022 | |
| Finalisation of buyback | Jul 15, 2022 | |
| Last Date for settlment of bids | Jul 18, 2022 | |
| Last Date for extinguishment of shares | Jul 25, 2022 |
Comparison of CL Educate Buyback and Motilal Oswal Financial Services 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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| Stock price at BSE | 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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