Comparison between Elegant Marbles & Grani Industries Buyback 2023 and Tata Consultancy Services Buyback 2023.
Elegant Marbles & Grani Industries Buyback 2023 is a Tender Offer buyback proposed to list at BSE while Tata Consultancy Services Buyback 2023 is a Tender Offer proposed to list at BSE, NSE.
| Elegant Marbles & Grani Industries | Tata Consultancy Services Ltd. | |||||||||||||||||||
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| Type of Buyback | Tender Offer | Tender Offer | ||||||||||||||||||
| Listing At | BSE | BSE, NSE | ||||||||||||||||||
| Face Value | ₹10 per share | ₹1 per share | ||||||||||||||||||
| Buyback Price | ₹385 per share | ₹4150 per share | ||||||||||||||||||
| Issue Size | 6,97,000 shares | 4,09,63,855 shares | ||||||||||||||||||
| Issue Size (Amount) | ₹26.83 Crores | ₹17,000.00 Crores | ||||||||||||||||||
| Buyback Ratio |
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| Registrar | MUFG Intime India Pvt.Ltd. | MUFG Intime India Pvt.Ltd. | ||||||||||||||||||
| Lead Managers | Sundae Capital Advisors Pvt.Ltd. | JM Financial Ltd. | ||||||||||||||||||
| Necessity of the buyback | The Board is of the view that the proposed Buyback will help the Company achieve the following objectives
| The current buyback is in line with the Company's shareholders-friendly capital allocation practice of returning excess cash to the shareholders thereby increasing shareholder value in the longer term and improving the return on equity |
Elegant Marbles & Grani Industries Buyback 2023 and Tata Consultancy Services Buyback 2023 buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. Elegant Marbles & Grani Industries Buyback 2023 Buyback record date is Jan 05, 2024. Tata Consultancy Services Buyback 2023 Buyback record date is Nov 25, 2023.
| Elegant Marbles & Grani Industries | Tata Consultancy Services Ltd. | |
|---|---|---|
| Record Date | Jan 05, 2024 | Nov 25, 2023 |
| Offer Open Date | Jan 11, 2024 | Dec 01, 2023 |
| Offer Closure Date | Jan 17, 2024 | Dec 07, 2023 |
| Last date for receipt of tender forms | Jan 19, 2024 | Dec 07, 2023 |
| Finalisation of buyback | Dec 13, 2023 | |
| Last Date for settlment of bids | Jan 24, 2024 | Dec 14, 2023 |
| Last Date for extinguishment of shares | Feb 05, 2024 | Dec 26, 2023 |
Comparison of Elegant Marbles & Grani Industries Buyback 2023 and Tata Consultancy Services Buyback 2023 financial data. The table below also includes a list of all relevant information like Stock Market Data, Compay Information, Lead Manager and Registrar.
| Elegant Marbles & Grani Industries | Tata Consultancy Services Ltd. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Financial | Elegant Marbles & Grani Industries Financial Information (Restated Standalone)Elegant Marbles & Grani Industries's revenue increased by 26.93% and profit after tax (PAT) rose by 13.02% between the financial year ending with March 31, 2023 and March 31, 2022.
| Tata Consultancy Services Limited Financial Information (Restated Consolidated)Tata Consultancy Services Limited's revenue increased by 16.6% and profit after tax (PAT) rose by 2.41% between the financial year ending with March 31, 2023 and March 31, 2022.
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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)
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