Comparison between Gail India Buyback and IndiaMART InterMESH Buyback.
Gail 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.
| Gail (India) Ltd. | IndiaMART InterMESH Ltd. | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Logo |  |  | ||||||||||||
| Type of Buyback | Tender Offer | Tender Offer | ||||||||||||
| Listing At | BSE, NSE | BSE, NSE | ||||||||||||
| Face Value | ₹10 per share | ₹10 per share | ||||||||||||
| Buyback Price | ₹150 per share | ₹6250 per share | ||||||||||||
| Issue Size | 6,97,56,641 shares | 1,60,000 shares | ||||||||||||
| Issue Size (Amount) | ₹1,046.35 Crores | ₹100.00 Crores | ||||||||||||
| Buyback Ratio |
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| Registrar | MCS Share Transfer Agent Ltd. | MUFG Intime India Pvt.Ltd. | ||||||||||||
| Lead Managers | IDBI Capital Markets & Securities Ltd. | Ambit Pvt.Ltd. | ||||||||||||
| Necessity of the buyback |
The Buyback is aimed to :
| 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 its return on equity, by reducing the equity base, thereby leading to a long term increase in shareholders’ value. |
Gail 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. Gail India Buyback Buyback record date is Jan 28, 2021. IndiaMART InterMESH Buyback Buyback record date is May 11, 2022.
| Gail (India) Ltd. | IndiaMART InterMESH Ltd. | |
|---|---|---|
| Record Date | Jan 28, 2021 | May 11, 2022 |
| Offer Open Date | Feb 25, 2021 | Jun 02, 2022 |
| Offer Closure Date | Mar 10, 2021 | Jun 15, 2022 |
| Last date for receipt of tender forms | Mar 12, 2021 | Jun 15, 2022 |
| Finalisation of buyback | Mar 18, 2021 | Jun 23, 2022 |
| Last Date for settlment of bids | Mar 19, 2021 | Jun 24, 2022 |
| Last Date for extinguishment of shares | Mar 26, 2021 | Jul 01, 2022 |
Comparison of Gail 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.
| Gail (India) Ltd. | IndiaMART InterMESH 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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