FDC Buyback vs Filatex India Buyback

Comparision between FDC Buyback and Filatex India Buyback.

Buyback Details

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

FDC Limited

Filatex India Limited

Logo

Type of Buyback

Tender Offer

Listing At

BSE, NSE

Face Value

₹1 per share

₹2 per share

Buyback Price

₹475 per share

₹140 per share

Issue Size

29,00,000 shares

42,50,000 shares

Issue Size (Amount)

₹137.75 Crores

₹59.50 Crores

Buyback Ratio

Category	Entitlement Ratio of Buyback
Reserved Category for Small Shareholders	20 Equity Shares for every 307 Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders	9 Equity Shares for every 592 Equity Shares held on the Record Date.

Category	Entitlement Ratio of Buyback
Reserved Category for Small Shareholders	23 Equity Share out of every 226 Fully paid-up Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders	8 Equity Share out of every 485 Fully paid-up Equity Shares held on the Record Date.

Registrar

Link Intime India Private Ltd

Mcs Share Transfer Agent Limited

Lead Managers

Sundae Capital Advisors

Corporate Professionals Capital Private Ltd

Necessity of the buyback

The Buyback aims to:
i) Increase the earnings per share and enhance Return on equity and return on capital employed, Return on Net Worth, Return on assets, etc and long term increase in shareholders' value;
ii) Distribute surplus cash to the shareholders.

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 broadly to the proportion of their shareholding, thereby, enhancing the overall return to shareholders.

2. The Buyback would help in improving financial ratios like earnings per share and return on equity, by reducing the equity base of the company.

Buyback Timetable

FDC Buyback and Filatex India Buyback buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. FDC Buyback Buyback record date is Feb 19, 2022. Filatex India Buyback Buyback record date is Apr 08, 2022.

	FDC Limited	Filatex India Limited
Record Date	Feb 19, 2022	Apr 08, 2022
Offer Open Date	Apr 12, 2022	May 09, 2022
Offer Closure Date	Apr 27, 2022	May 23, 2022
Last date for receipt of tender forms	Apr 29, 2022	May 23, 2022
Finalisation of buyback	May 05, 2022	May 27, 2022
Last Date for settlment of bids	May 09, 2022	Jun 01, 2022
Last Date for extinguishment of shares	May 16, 2022	Jun 08, 2022

Financial Details and Other Relevent Information

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

FDC Limited

Filatex India Limited

Financial

Summary of financial Information (standalone)
Particulars	For the year/period ended (Rs. in Crores)
	31-Mar-21	31-Mar-20	31-Mar-19
Total Income	1,422.60	1,413.75	1,130.67
Profit After Tax	294.49	246.78	171.54
Net Worth	1717.75	1,542.59	1,432.99
Reserves and Surplus	1,700.87	1,525.49	1,415.47

Summary of financial Information (standalone)
Particulars	For the year/period ended (Rs. in Lakhs)
	31-Mar-21	31-Mar-20	31-Mar-19
Total Income	2,23,660.74	2,79,448.95	2,88,588.53
Profit After Tax	16,583.32	12,147.04	8,484.60
Net Worth	68,976.87	52,272.04	39,934.67
Reserves and Surplus	64,560.51	47,878.34	35,584.67

Stock price at BSE

Stock price at BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Jan-2022	323.15	277.60	299.33
Dec-2021	313.40	273.00	289.26
Nov-2021	335.70	270.00	298.73

Stock price at BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Feb-2022	129.80	101.15	119.89
Jan-2022	142.30	96.50	118.36
Dec-2021	103.90	72.50	90.82

Stock price at NSE

Stock price at NSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Jan-2022	322.90	277.00	299.92
Dec-2021	313.50	272.75	292.85
Nov-2021	345.00	271.80	297.10

Stock price at NSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Feb-2022	129.35	101.00	120.46
Jan-2022	142.80	96.55	120.76
Dec-2021	104.00	72.35	91.36

Compare with others

FDC Limited	Filatex India Limited
GAIL (India) Buyback	IndiaMART InterMESH Buyback
Filatex India Buyback	Sinclairs Hotels Buyback
Atul Limited Buyback	Sarda Energy & Minerals Buyback
Pennar Industries Buyback	UPL Limited Buyback 2022
Gulf Oil Lubricants Buyback Feb 22	GAIL (India) Buyback
K.P.R Mill Buyback	Atul Limited Buyback
Mayur Uniquoters Buyback	Pennar Industries Buyback
Emami Ltd Buyback	Gulf Oil Lubricants Buyback Feb 22
TCS Buyback	FDC Buyback
James Warren Tea Buyback	K.P.R Mill Buyback

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