FDC Buyback vs Gail India Buyback

Comparision between FDC Buyback and Gail India Buyback.

Buyback Details

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

FDC Limited

Gail (India) Limited

Logo

Type of Buyback

Tender Offer

Listing At

BSE, NSE

Face Value

₹1 per share

₹10 per share

Buyback Price

₹475 per share

₹150 per share

Issue Size

29,00,000 shares

6,97,56,641 shares

Issue Size (Amount)

₹137.75 Crores

₹1,046.35 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	71 Equity Shares out of every 733 Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders	4 Equity Shares out of every 297 Equity Shares held on the Record Date.

Registrar

Link Intime India Private Ltd

Mcs Share Transfer Agent Limited

Lead Managers

Sundae Capital Advisors

Idbi Capital Market Services Limited

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 aimed to :
i) Optimize the capital structure of the company.
ii) Improve Return on Equity
iii) Increase in shareholder's value in the long-term.

Buyback Timetable

FDC Buyback and Gail 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. Gail India Buyback Buyback record date is Jan 28, 2021.

	FDC Limited	Gail (India) Limited
Record Date	Feb 19, 2022	Jan 28, 2021
Offer Open Date	Apr 12, 2022	Feb 25, 2021
Offer Closure Date	Apr 27, 2022	Mar 10, 2021
Last date for receipt of tender forms	Apr 29, 2022	Mar 12, 2021
Finalisation of buyback	May 05, 2022	Mar 18, 2021
Last Date for settlment of bids	May 09, 2022	Mar 19, 2021
Last Date for extinguishment of shares	May 16, 2022	Mar 26, 2021

Financial Details and Other Relevent Information

Comparison of FDC Buyback and Gail 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

Gail (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 Crores)
	31-Mar-20	31-Mar-19	31-Mar-18
Total Income	73,293.19	76,671.57	54,812.49
Profit After Tax	6,620.63	6,025.67	4,618.41
Net Worth	41,853.99	39,202.06	35,241.50

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
Dec-2020	128.75	103.30	121.18
Nov-2020	106.60	83.10	93.03
Oct-2020	89.50	81.25	85.38

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
Dec-2020	128.80	103.10	121.20
Nov-2020	106.70	83.05	93.05
Oct-2020	89.80	81.20	85.40

Compare with others

FDC Limited	Gail (India) Limited
GAIL (India) Buyback	Suprajit Engineering Buyback
Filatex India Buyback	Bharat Rasayan Buyback
Atul Limited Buyback	Jagran Prakashan Buyback
Pennar Industries Buyback	Nava Bharat Ventures Buyback
Gulf Oil Lubricants Buyback Feb 22	Indian Toners & Developers Buyback
K.P.R Mill Buyback	NALCO Buyback
Mayur Uniquoters Buyback	Neelamalai Agro Buyback
Emami Ltd Buyback	VRL Logistics Buyback
TCS Buyback	Anup Engineering Buyback
James Warren Tea Buyback	Atul Buyback

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