Cosmo First Buyback vs Softsol India Buyback 2022

Comparision between Cosmo First Buyback and Softsol India Buyback 2022.

Buyback Details

Cosmo First Buyback is a Tender Offer buyback proposed to list at BSE, NSE while Softsol India Buyback 2022 is a Tender Offer proposed to list at BSE.

Cosmo First Limited

Softsol India Limited

Logo

Type of Buyback

Tender Offer

Listing At

BSE, NSE

BSE

Face Value

₹10 per share

Buyback Price

₹1070 per share

₹170 per share

Issue Size

10,09,345 shares

20,58,824 shares

Issue Size (Amount)

₹108.00 Crores

₹35.00 Crores

Buyback Ratio

Category	Entitlement Ratio of Buyback	Shares Offered
Reserved Category for Small Shareholders	8 Equity Shares out of every 121 Fully paid-up Equity Shares held on the Record Date.	151,402.00
General Category for all other Eligible Shareholders	29 Equity Shares out of every 844 Fully paid-up Equity Shares held on the Record Date.	857,943.00

Category	Entitlement Ratio of Buyback	Shares Offered
Reserved Category for Small Shareholders	9 Equity Shares out of every 11 Fully paid-up Equity Shares held on the Record Date.	308,824.00
General Category for all other Eligible Shareholders	5 Equity Shares out of every 47 Fully paid-up Equity Shares held on the Record Date.	1,750,000.00

Registrar

Link Intime India Private Ltd

Kfin Technologies Limited

Lead Managers

Anand Rathi Securities Limited

Akasam Consulting Private Limited

Necessity of the buyback

The buyback is being undertaken for the following reason:

The Buyback will improve financial ratios like earnings per share, return on capital employed and return on equity, calculated on the basis of financial statements, by reduction in the equity basis of the Company, thereby leading to long term increase in shareholders' value.

The Buyback will help in achieving an optimal capital structure.

The Buyback will help the Company to distribute surplus cash to the Eligible Shareholders broadly in proportion to their shareholding, thereby, enhancing their overall return.

The Buyback is being undertaken for the following reasons:

The Buyback will help the Company to return surplus cash to its shareholders holding Equity Shares broadly in proportion to their shareholding, thereby, enhancing the overall return to shareholders.
The Buyback may help improve return on equity by reducing the equity base, thereby leading to a long-term increase in shareholders' value.

Buyback Timetable

Cosmo First Buyback and Softsol India Buyback 2022 buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. Cosmo First Buyback Buyback record date is Dec 14, 2022. Softsol India Buyback 2022 Buyback record date is Jan 13, 2023.

	Cosmo First Limited	Softsol India Limited
Record Date	Dec 14, 2022	Jan 13, 2023
Offer Open Date	Jan 27, 2023	Mar 03, 2023
Offer Closure Date	Feb 09, 2023	Mar 17, 2023
Last date for receipt of tender forms	Feb 09, 2023	Mar 17, 2023
Finalisation of buyback	Feb 17, 2023	Mar 21, 2023
Last Date for settlment of bids	Feb 20, 2023	Mar 23, 2023
Last Date for extinguishment of shares	Feb 27, 2023	Mar 30, 2023

Financial Details and Other Relevent Information

Comparison of Cosmo First Buyback and Softsol India Buyback 2022 financial data. The table below also includes a list of all relevant information like Stock Market Data, Compay Information, Lead Manager and Registrar.

Cosmo First Limited

Softsol India Limited

Financial

Cosmo First Limited Financial Information (Consolidated)
Period Ended	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus	Total Borrowing
31-Mar-20	2222.99	113.44	726.63	707.19	789.45
31-Mar-21	2322.92	136	841.19	823.02	760.29
31-Mar-22	3086.71	396.61	1175.43	1157.26	810.05
30-Sep-22	1638.91	166.53	1332.6	1305.34	839.16
Amount in ₹ Crore

Softsol India Limited Financial Information (Restated)
Period Ended	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus
31-Mar-20	27.73	7.72	140.35	123.11
31-Mar-21	26.79	10.85	151.36	134.12
31-Mar-22	26.76	4.33	162.17	144.93
Amount in ₹ Crore

Stock price at BSE

Stock price at BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Nov-2022	814.20	657.95	738.71
Oct-2022	899.30	728.05	812.91
Sep-2022	929.90	837.05	880.26

Stock price at BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Nov-2022	399.00	349.95	371.61
Oct-2022	389.60	366.45	378.66
Sep-2022	381.30	341.00	364.85

Stock price at NSE

Stock price at NSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Nov-2022	815.00	658.10	738.94
Oct-2022	895.55	728.80	812.42
Sep-2022	925.00	837.00	880.57

Stock price at NSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Nov-2022	398.70	346.00	371.75
Oct-2022	388.00	367.95	379.02
Sep-2022	382.00	350.80	365.25

Compare with others

Cosmo First Limited	Softsol India Limited
Hinduja Global Solutions Buyback	Bajaj Consumer Care Buyback
One 97 Communications Buyback	Freshtrop Fruits Buyback 2022
KAMA Holdings Buyback	Cosmo First Buyback
Bajaj Consumer Care Buyback	Jenburkt Pharmaceuticals Buyback
Freshtrop Fruits Buyback 2022	Indian Energy Exchange Buyback
Jenburkt Pharmaceuticals Buyback	Tips Industries Buyback 2022
Indian Energy Exchange Buyback	eClerx Services Buyback 2022
Softsol India Buyback 2022	Technocraft Industries Buyback 2022
Tips Industries Buyback 2022	Triveni Engineering Buyback 2022
eClerx Services Buyback 2022	Balrampur Chini Buyback 2022

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