FDC Buyback 2023 vs KRBL Buyback 2023

Comparison between FDC Buyback 2023 and KRBL Buyback 2023.

Buyback Details

FDC Buyback 2023 is a Tender Offer buyback proposed to list at BSE, NSE while KRBL Buyback 2023 is a Tender Offer proposed to list at BSE, NSE.

 FDC Ltd.KRBL Ltd.
LogoFDC Buyback 2023 LogoKRBL Buyback 2023 Logo
Type of BuybackTender OfferTender Offer
Listing AtBSE, NSEBSE, NSE
Face Value₹1 per share₹1 per share
Buyback Price₹500 per share₹500 per share
Issue Size31,00,000 shares65,00,000 shares
Issue Size (Amount)₹155.00 Crores₹325.00 Crores
Buyback Ratio
CategoryEntitlement Ratio of BuybackShares Offered
Reserved Category for Small Shareholders12 Equity Shares out of every 131 Fully paid-up Equity Shares held on the Record Date.465,000.00
General Category for all other Eligible Shareholders1 Equity Shares out of every 61 Fully paid-up Equity Shares held on the Record Date.2,635,000.00
CategoryEntitlement Ratio of BuybackShares Offered
Reserved Category for Small Shareholders51 Equity Shares out of every 292 Fully paid-up Equity Shares held on the Record Date.975,000.00
General Category for all other Eligible Shareholders5 Equity Shares out of every 208 Fully paid-up Equity Shares held on the Record Date.5,525,000.00
RegistrarMUFG Intime India Pvt.Ltd.Alankit Assignments Ltd.
Lead ManagersSundae Capital Advisors Pvt.Ltd.Elara Capital (India) Pvt.Ltd.
Necessity of the buyback

The Buyback is being undertaken for the following reasons:

  • The Buyback will result in reduction in the overall capital employed in the business, which will, in turn lead to higher earnings per share and enhanced return on equity and return on capital employed, return on net worth, return on assets, etc and long term increase in shareholders' value.
  • The Buyback will help the Company to distribute surplus cash to its Members holding equity shares broadly in proportion to their shareholding, thereby, enhancing the overall return to Members.

The Buyback is being undertaken for the following reasons:

1. The Buyback will help the Company to distribute surplus cash to its shareholders holding Equity Shares thereby enhancing the overall return for them.

2. The Buyback is generally expected to improve return on equity through distribution of cash and improve earnings per share by reduction in the equity base of the Company, thereby leading to long term increase in shareholders' value.

Buyback Timetable

FDC Buyback 2023 and KRBL Buyback 2023 buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. FDC Buyback 2023 Buyback record date is Aug 25, 2023. KRBL Buyback 2023 Buyback record date is Aug 25, 2023.

 FDC Ltd.KRBL Ltd.
Record DateAug 25, 2023Aug 25, 2023
Offer Open DateAug 31, 2023Aug 31, 2023
Offer Closure DateSep 06, 2023Sep 06, 2023
Last date for receipt of tender formsSep 08, 2023Sep 06, 2023
Finalisation of buybackSep 13, 2023Sep 12, 2023
Last Date for settlment of bidsSep 13, 2023Sep 13, 2023
Last Date for extinguishment of sharesSep 25, 2023Aug 25, 2023

Financial Details and Other Relevent Information

Comparison of FDC Buyback 2023 and KRBL 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.

 FDC Ltd.KRBL Ltd.
Financial
FDC Buyback 2023 Financial Information (Restated Standalone)
Period Ended31 Mar 202231 Mar 2023
Assets2,254.252,335.42
Revenue1,597.701,830.94
Profit After Tax219.64200.97
Net Worth
Reserves and Surplus
Total Borrowing
Amount in ₹ Crore
KRBL Buyback 2023 Financial Information (Restated Consolidated)
Period Ended31 Mar 202131 Mar 2022
Assets4,627.834,748.02
Revenue4,014.564,253.27
Profit After Tax558.91459.40
Net Worth3,693.004,070.00
Reserves and Surplus
Total Borrowing
Amount in ₹ Crore
Stock price at BSE

Stock price at BSE (in preceding 3 months)

Month High Price Low Price Average Price
Jul-2023 350.20 306.80 334.45
Jun-2023 327.60 289.85 311.33
May-2023 314.95 281.40 298.28

Stock price at BSE (in preceding 3 months)

Month High Price Low Price Average Price
Aug-2023 418.85 371.55 398.82
Jul-2023 390.00 335.65 362.41
Jun-2023 376.00 339.00 353.18
Stock price at NSE

Stock price at NSE (in preceding 3 months)

Month High Price Low Price Average Price
Jul-2023 350.15 306.55 332.85
Jun-2023 327.95 291.25 311.40
May-2023 315.00 282.05 297.98

Stock price at NSE (in preceding 3 months)

Month High Price Low Price Average Price
Aug-2023 419.00 370.55 399.02
Jul-2023 390.50 335.45 362.41
Jun-2023 376.30 338.90 352.81

Compare with others

Compare:

FDC Buyback 2023 and KRBL Buyback 2023