Great Eastern Shipping Buyback vs MOIL Buyback

Comparision between Great Eastern Shipping Buyback and MOIL Buyback.

Buyback Details

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

The Great Eastern Shipping Company Limited

MOIL Limited

Logo

Type of Buyback

Open Market Through Stock Exchange

Tender Offer

Listing At

BSE, NSE

Face Value

₹10 per share

Buyback Price

₹333 per share

₹205 per share

Issue Size

3,38,42,668 shares

Issue Size (Amount)

₹225.00 Crores

₹693.77 Crores

Buyback Ratio

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.

Registrar

Kfin Technologies Limited

Bigshare Services Pvt Ltd

Lead Managers

Kotak Mahindra Capital Company Limited

Idbi Capital Market Services Limited

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.

Buyback Timetable

Great Eastern Shipping Buyback and MOIL 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 . MOIL Buyback Buyback record date is Dec 31, 2021.

	The Great Eastern Shipping Company Limited	MOIL Limited
Record Date		Dec 31, 2021
Offer Open Date	Jan 07, 2022	Jan 28, 2022
Offer Closure Date	Jul 06, 2022	Feb 10, 2022
Last date for receipt of tender forms		Feb 12, 2022
Finalisation of buyback		Feb 18, 2022
Last Date for settlment of bids		Feb 21, 2022
Last Date for extinguishment of shares		Feb 28, 2022

Financial Details and Other Relevent Information

Comparison of Great Eastern Shipping 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.

The Great Eastern Shipping Company Limited

MOIL Limited

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	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
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
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
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
Nov-2021	179.80	157.15	170.96
Oct-2021	174.70	154.50	164.36
Sep-2021	181.50	156.15	165.22

Compare with others

The Great Eastern Shipping Company Limited	MOIL Limited
K.P.R Mill Buyback	James Warren Tea Buyback
Mayur Uniquoters Buyback	Great Eastern Shipping Buyback
Emami Ltd Buyback	Ajanta Pharma Buyback
TCS Buyback	Cheviot Company Buyback
James Warren Tea Buyback	Weizmann Buyback
Ajanta Pharma Buyback	MPS Buyback
Cheviot Company Buyback	AksharChem India Buyback
Weizmann Buyback	S H Kelkar Buyback
MOIL Buyback	Nucleus Software Buyback
MPS Buyback	Goldiam International Buyback

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