Filatex India Buyback vs Gulf Oil Lubricants Buyback Feb 22

Comparision between Filatex India Buyback and Gulf Oil Lubricants Buyback Feb 22.

Buyback Details

Filatex India Buyback is a Tender Offer buyback proposed to list at BSE, NSE while Gulf Oil Lubricants Buyback Feb 22 is a Tender Offer proposed to list at BSE, NSE.

Filatex India Limited

Gulf Oil Lubricants India Ltd

Logo

Type of Buyback

Tender Offer

Listing At

BSE, NSE

Face Value

₹2 per share

Buyback Price

₹140 per share

₹600 per share

Issue Size

42,50,000 shares

14,16,667 shares

Issue Size (Amount)

₹59.50 Crores

₹85.00 Crores

Buyback Ratio

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.

Category	Entitlement Ratio of Buyback
Reserved Category for Small Shareholders	27 Equity Shares for every 374 Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders	9 Equity Shares for every 355 Equity Shares held on the Record Date.

Registrar

Mcs Share Transfer Agent Limited

Kfin Technologies Limited

Lead Managers

Corporate Professionals Capital Private Ltd

Motilal Oswal Investment Advisors Limited

Necessity of the buyback

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.

To distribute surplus cash to shareholders holding equity shares in proportion to their shareholdings.
To improve financial ratios like earnings per share and return on equity by reducing the company's equity base.

Buyback Timetable

Filatex India Buyback and Gulf Oil Lubricants Buyback Feb 22 buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. Filatex India Buyback Buyback record date is Apr 08, 2022. Gulf Oil Lubricants Buyback Feb 22 Buyback record date is Feb 21, 2022.

	Filatex India Limited	Gulf Oil Lubricants India Ltd
Record Date	Apr 08, 2022	Feb 21, 2022
Offer Open Date	May 09, 2022	Mar 25, 2022
Offer Closure Date	May 23, 2022	Apr 07, 2022
Last date for receipt of tender forms	May 23, 2022	Apr 07, 2022
Finalisation of buyback	May 27, 2022	Apr 19, 2022
Last Date for settlment of bids	Jun 01, 2022	Apr 20, 2022
Last Date for extinguishment of shares	Jun 08, 2022	Apr 26, 2022

Financial Details and Other Relevent Information

Comparison of Filatex India Buyback and Gulf Oil Lubricants Buyback Feb 22 financial data. The table below also includes a list of all relevant information like Stock Market Data, Compay Information, Lead Manager and Registrar.

Filatex India Limited

Gulf Oil Lubricants India Ltd

Financial

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

Summary of financial Information (standalone)
Particulars	For the year/period ended (Rs. in Millions)
	31-Mar-21	31-Mar-20	31-Mar-19
Total Income	17,042.64	16,790.46	17,353.35
Profit After Tax	2,000.85	2,025.21	1,777.82
Net Worth	8,693.76	7,613.07	5,867.43
Reserves and Surplus	8,593.14	7,512.86	5,767.83

Stock price at BSE

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 BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Jan-2022	502.90	445.00	462.26
Dec-2021	528.40	427.95	469.32
Nov-2021	614.60	499.00	582.56

Stock price at NSE

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

Stock price at NSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Jan-2022	503.00	445.50	462.28
Dec-2021	531.85	425.00	469.17
Nov-2021	617.55	499.75	583.12

Compare with others

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

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