Comparison between Filatex India Buyback and Gail India Buyback.
Filatex India 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.
| Filatex India Ltd. | Gail (India) Ltd. | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Logo |  |  | ||||||||||||
| Type of Buyback | Tender Offer | Tender Offer | ||||||||||||
| Listing At | BSE, NSE | BSE, NSE | ||||||||||||
| Face Value | ₹2 per share | ₹10 per share | ||||||||||||
| Buyback Price | ₹140 per share | ₹150 per share | ||||||||||||
| Issue Size | 42,50,000 shares | 6,97,56,641 shares | ||||||||||||
| Issue Size (Amount) | ₹59.50 Crores | ₹1,046.35 Crores | ||||||||||||
| Buyback Ratio |
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| Registrar | MCS Share Transfer Agent Ltd. | MCS Share Transfer Agent Ltd. | ||||||||||||
| Lead Managers | Corporate Professionals Capital Pvt.Ltd. | IDBI Capital Markets & Securities Ltd. | ||||||||||||
| 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 aimed to :
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Filatex India Buyback and Gail India 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. Gail India Buyback Buyback record date is Jan 28, 2021.
| Filatex India Ltd. | Gail (India) Ltd. | |
|---|---|---|
| Record Date | Apr 08, 2022 | Jan 28, 2021 |
| Offer Open Date | May 09, 2022 | Feb 25, 2021 |
| Offer Closure Date | May 23, 2022 | Mar 10, 2021 |
| Last date for receipt of tender forms | May 23, 2022 | Mar 12, 2021 |
| Finalisation of buyback | May 27, 2022 | Mar 18, 2021 |
| Last Date for settlment of bids | Jun 01, 2022 | Mar 19, 2021 |
| Last Date for extinguishment of shares | Jun 08, 2022 | Mar 26, 2021 |
Comparison of Filatex India 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.
| Filatex India Ltd. | Gail (India) Ltd. | |||||||||||||||||||||||||||||||||||||||||||||
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| Financial |
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| Stock price at BSE | Stock price at BSE (in preceding 3 months)
| Stock price at BSE (in preceding 3 months)
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| Stock price at NSE | Stock price at NSE (in preceding 3 months)
| Stock price at NSE (in preceding 3 months)
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