Goldiam International Buyback vs MOIL Buyback

Comparison between Goldiam International Buyback and MOIL Buyback.

Buyback Details

Goldiam International Buyback is a Tender Offer buyback proposed to list at BSE, NSE while MOIL Buyback is a Tender Offer proposed to list at BSE, NSE.

 Goldiam International Ltd.MOIL Ltd.
LogoGoldiam International Buyback LogoMOIL Buyback Logo
Type of BuybackTender OfferTender Offer
Listing AtBSE, NSEBSE, NSE
Face Value₹10 per share₹10 per share
Buyback Price₹1200 per share₹205 per share
Issue Size3,80,000 shares3,38,42,668 shares
Issue Size (Amount)₹45.60 Crores₹693.77 Crores
Buyback Ratio
Category Entitlement Ratio of Buyback
Reserved Category for Small Shareholders 20 Equity Shares out of every 313 fully paid-up Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders 9 Equity Shares out of every 593 fully paid-up Equity Shares held on the Record Date.
Category Entitlement Ratio of Buyback
Reserved Category for Small Shareholders 123 Equity Shares out of every 625 shares held on the record date.
General Category for all other Eligible Shareholders 99 Equity Shares out of every 728 shares held on the record date.
RegistrarMUFG Intime India Pvt.Ltd.Bigshare Services Pvt.Ltd.
Lead ManagersKeynote Financial Services Ltd.IDBI Capital Markets & Securities Ltd.
Necessity of the buyback

The Buyback aims to:
i) help the Company to distribute surplus cash to its shareholders holding Equity Shares broadly in proportion to their shareholding, thereby, enhancing the overall return to shareholders.
iii) in improving financial ratios like earnings per share and return on equity, by reducing the equity base of the Company.

The Buyback aims to :
i) Reduce outstanding number of equity shares and consequently increase earnings per share and book value per share.
ii) Effectively utilize available cash; and
iii) Improve key return ratios like return on equity capital.

Buyback Timetable

Goldiam International Buyback and MOIL Buyback buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. Goldiam International Buyback Buyback record date is Oct 27, 2021. MOIL Buyback Buyback record date is Dec 31, 2021.

 Goldiam International Ltd.MOIL Ltd.
Record DateOct 27, 2021Dec 31, 2021
Offer Open DateNov 26, 2021Jan 28, 2022
Offer Closure DateDec 09, 2021Feb 10, 2022
Last date for receipt of tender formsDec 09, 2021Feb 12, 2022
Finalisation of buybackDec 17, 2021Feb 18, 2022
Last Date for settlment of bidsDec 20, 2021Feb 21, 2022
Last Date for extinguishment of sharesDec 27, 2021Feb 28, 2022

Financial Details and Other Relevent Information

Comparison of Goldiam International Buyback and MOIL Buyback financial data. The table below also includes a list of all relevant information like Stock Market Data, Compay Information, Lead Manager and Registrar.

 Goldiam International Ltd.MOIL Ltd.
Financial
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 2,335.92 1,728.06 1,806.41
Profit After Tax 305.13 190.42 195.79
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 12,798.5 12,191.8 16,314.8
Profit After Tax 1,766.3 2,482.2 4,739.0
Reserves & Surplus 25,825.7 2,5260.6 28,251.0
Net Worth 28,199.0 27,633.9 30,827.1
Stock price at BSE

Stock price at BSE (in preceding 3 months)

Month High Price Low Price Average Price
Sep-2021 1074.00 710.80 861.61
Aug-2021 790.00 584.30 690.16
Jul-2021 620.00 441.00 554.36

Stock price at BSE (in preceding 3 months)

Month High Price Low Price Average Price
Nov-2021 179.80 156.35 170.92
Oct-2021 174.55 154.70 164.37
Sep-2021 181.30 156.25 165.23
Stock price at NSE

Stock price at NSE (in preceding 3 months)

Month High Price Low Price Average Price
Sep-2021 1075.00 712.90 861.47
Aug-2021 789.00 595.00 690.09
Jul-2021 617.00 441.00 554.57

Stock price at NSE (in preceding 3 months)

Month High Price Low Price Average Price
Nov-2021 179.80 157.15 170.96
Oct-2021 174.70 154.50 164.36
Sep-2021 181.50 156.15 165.22

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Goldiam International Buyback and MOIL Buyback