Great Eastern Shipping Buyback vs Mayur Uniquoters Buyback

Comparison between Great Eastern Shipping Buyback and Mayur Uniquoters Buyback.

Buyback Details

Great Eastern Shipping Buyback is a Open Market Through Stock Exchange buyback proposed to list at BSE, NSE while Mayur Uniquoters Buyback is a Tender Offer proposed to list at BSE, NSE.

 The Great Eastern Shipping Company Ltd.Mayur Uniquoters Ltd.
LogoGreat Eastern Shipping Buyback LogoMayur Uniquoters Buyback Logo
Type of BuybackOpen Market Through Stock ExchangeTender Offer
Listing AtBSE, NSEBSE, NSE
Face Value₹10 per share₹5 per share
Buyback Price₹333 per share₹650 per share
Issue Size6,25,000 shares
Issue Size (Amount)₹225.00 Crores₹40.63 Crores
Buyback Ratio
Category Entitlement Ratio of Buyback
Reserved Category for Small Shareholders 1 Equity Share out of every 29 Fully paid-up Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders 1 Equity Share out of every 79 Fully paid-up Equity Shares held on the Record Date.
RegistrarKfin Technologies Ltd.Beetal Financial & Computer Services Pvt.Ltd.
Lead ManagersKotak Mahindra Capital Co.Ltd.Chartered Capital & Investment Ltd.
Necessity of the buyback

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.

The Buyback aims to :
i) Return surplus cash to its Shareholders.
ii) Reduce the outstanding number of equity shares and consequently increase earnings per share and book value per share.
iii) Improve key return ratios like return on equity capital.

Buyback Timetable

Great Eastern Shipping Buyback and Mayur Uniquoters Buyback buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. Great Eastern Shipping Buyback Buyback record date is . Mayur Uniquoters Buyback Buyback record date is Feb 23, 2022.

 The Great Eastern Shipping Company Ltd.Mayur Uniquoters Ltd.
Record DateFeb 23, 2022
Offer Open DateJan 07, 2022Mar 24, 2022
Offer Closure DateJul 06, 2022Apr 06, 2022
Last date for receipt of tender formsApr 06, 2022
Finalisation of buybackApr 18, 2022
Last Date for settlment of bidsApr 19, 2022
Last Date for extinguishment of sharesApr 26, 2022

Financial Details and Other Relevent Information

Comparison of Great Eastern Shipping Buyback and Mayur Uniquoters Buyback financial data. The table below also includes a list of all relevant information like Stock Market Data, Compay Information, Lead Manager and Registrar.

 The Great Eastern Shipping Company Ltd.Mayur Uniquoters Ltd.
Financial
Summary of financial Information (Standalone)
Particulars For the year/period ended (Rs. in Millions)
  30-Sep-21 31-March-21 31-March-20 31-March-19
Total Income 14,670 28,930 30,910 28,150
Profit After Tax 3,730 10,300 2,810 -190
Net Worth 63,560 60,980 50,670 50,660
Reserves & Surplus 62,090 59,510 49,200 49,150
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 5,203.93 5,355.43 5,948.99
Profit After Tax 890.38 806.43 871.67
Net Worth 6,354.16 5,871.61 5,229.53
Reserves and Surplus 6,131.27 5,644.97 5,002.90
Stock price at BSE

Stock price at BSE (in preceding 3 months)

Month High Price Low Price Average Price
Nov-2021 351.80 291.25 325.81
Oct-2021 382.00 311.05 346.46
Sep-2021 379.00 348.75 362.27

Stock price at BSE (in preceding 3 months)

Month High Price Low Price Average Price
Jan-2022 558.00 462.00 519.77
Dec-2021 635.00 464.30 553.01
Nov-2021 511.00 425.00 460.96
Stock price at NSE

Stock price at NSE (in preceding 3 months)

Month High Price Low Price Average Price
Nov-2021 352.10 291.30 325.70
Oct-2021 382.25 310.80 346.45
Sep-2021 379.20 351.10 362.46

Stock price at NSE (in preceding 3 months)

Month High Price Low Price Average Price
Jan-2022 557.60 462.35 520.32
Dec-2021 626.90 464.05 552.77
Nov-2021 509.00 424.05 461.54

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