Filatex India Buyback vs IndiaMART InterMESH Buyback

Comparision between Filatex India Buyback and IndiaMART InterMESH Buyback.

Buyback Details

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

Filatex India Limited

IndiaMART InterMESH Limited

Logo

Type of Buyback

Tender Offer

Listing At

BSE, NSE

Face Value

₹2 per share

₹10 per share

Buyback Price

₹140 per share

₹6250 per share

Issue Size

42,50,000 shares

1,60,000 shares

Issue Size (Amount)

₹59.50 Crores

₹100.00 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	1 Equity Share out of every 63 Fully paid-up Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders	4 Equity Shares out of every 861 Fully paid-up Equity Shares held on the Record Date.

Registrar

Mcs Share Transfer Agent Limited

Link Intime India Private Ltd

Lead Managers

Corporate Professionals Capital Private Ltd

Ambit Private 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.

The buyback is being undertaken for the following reasons:

2. The Buyback would help in improving its return on equity, by reducing the equity base, thereby leading to a long term increase in shareholders’ value.

Buyback Timetable

Filatex India Buyback and IndiaMART InterMESH Buyback 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. IndiaMART InterMESH Buyback Buyback record date is May 11, 2022.

	Filatex India Limited	IndiaMART InterMESH Limited
Record Date	Apr 08, 2022	May 11, 2022
Offer Open Date	May 09, 2022	Jun 02, 2022
Offer Closure Date	May 23, 2022	Jun 15, 2022
Last date for receipt of tender forms	May 23, 2022	Jun 15, 2022
Finalisation of buyback	May 27, 2022	Jun 23, 2022
Last Date for settlment of bids	Jun 01, 2022	Jun 24, 2022
Last Date for extinguishment of shares	Jun 08, 2022	Jul 01, 2022

Financial Details and Other Relevent Information

Comparison of Filatex India Buyback and IndiaMART InterMESH Buyback 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

IndiaMART InterMESH Limited

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 (Consolidated)
Particulars	For the year/period ended (Rs. in Lakhs)
	31-Mar-22	31-Mar-21	31-Mar-20
Total Income	86,567.97	75,614.63	70,744.52
Profit After Tax	29,761.90	27,977.49	14,738.21
Net Worth	1,87,405.37	1,61,088.46	27,505.75

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
Mar-2022	4879.75	3965.35	4409.07
Feb-2022	5379.90	4551.20	5000.63
Jan-2022	6902.00	4350.00	6189.47

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
Mar-2022	4880.00	3960.00	4408.57
Feb-2022	5382.00	4555.00	5001.55
Jan-2022	6907.00	4301.10	6189.40

Compare with others

Filatex India Limited	IndiaMART InterMESH Limited
IndiaMART InterMESH Buyback	Zydus Lifesciences Buyback
Sinclairs Hotels Buyback	Asahi Songwon Colors Buyback
Sarda Energy & Minerals Buyback	Motilal Oswal Financial Services Buyback
UPL Limited Buyback 2022	Matrimony.com Buyback
GAIL (India) Buyback	SMC Global Securities Buyback
Atul Limited Buyback	Sinclairs Hotels Buyback
Pennar Industries Buyback	Sarda Energy & Minerals Buyback
Gulf Oil Lubricants Buyback Feb 22	UPL Limited Buyback 2022
FDC Buyback	GAIL (India) Buyback
K.P.R Mill Buyback	Filatex India Buyback

Comments

Add a public comment...