Great Eastern Shipping Buyback vs TCS Buyback

Comparision between Great Eastern Shipping Buyback and TCS Buyback.

Buyback Details

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

	The Great Eastern Shipping Company Limited	Tata Consultancy Services
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Type of Buyback	Open Market Through Stock Exchange	Tender Offer
Listing At	BSE, NSE	BSE, NSE
Face Value	₹10 per share	₹1 per share
Buyback Price	₹333 per share	₹4500 per share
Issue Size		4,00,00,000 shares
Issue Size (Amount)	₹225.00 Crores	₹18,000.00 Crores
Buyback Ratio
Registrar	Kfin Technologies Limited	Link Intime India Private Ltd
Lead Managers	Kotak Mahindra Capital Company Limited	Jm Financial 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.	The Buyback aims to : i) Return excess cash to the shareholders. ii) Increase shareholder's value in the long term; and iii) Improve Return on Equity.

Buyback Timetable

Great Eastern Shipping Buyback and TCS 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 . TCS Buyback Buyback record date is Feb 23, 2022.

	The Great Eastern Shipping Company Limited	Tata Consultancy Services
Record Date		Feb 23, 2022
Offer Open Date	Jan 07, 2022	Mar 09, 2022
Offer Closure Date	Jul 06, 2022	Mar 23, 2022
Last date for receipt of tender forms		Mar 23, 2022
Finalisation of buyback		Mar 31, 2022
Last Date for settlment of bids		Apr 01, 2022
Last Date for extinguishment of shares		Apr 08, 2022

Financial Details and Other Relevent Information

Comparison of Great Eastern Shipping Buyback and TCS 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

Tata Consultancy Services

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-Dec-21	31-Mar-21	31-Mar-20	31-Mar-19
Total Income	1,233,870.00	1,413,630.00	1,393,830.00	1,307,970.00
Profit After Tax	283,920.00	309,600.00	332,600.00	300,650.00
Net Worth	923,929.10	747,939.10	743,682.40	788,982.40

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
Feb-2022	3857.00	3695.60	3782.93
Jan-2022	4019.10	3650.10	3847.53
Dec-2021	3736.85	3534.35	3630.88

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
Feb-2022	3856.20	3694.95	3782.74
Jan-2022	4019.15	3649.25	3847.37
Dec-2021	3738.35	3536.40	3631.14

Compare with others

The Great Eastern Shipping Company Limited	Tata Consultancy Services
K.P.R Mill Buyback	Gulf Oil Lubricants Buyback Feb 22
Mayur Uniquoters Buyback	FDC Buyback
Emami Ltd Buyback	K.P.R Mill Buyback
TCS Buyback	Mayur Uniquoters Buyback
James Warren Tea Buyback	Emami Ltd Buyback
Ajanta Pharma Buyback	James Warren Tea Buyback
Cheviot Company Buyback	Great Eastern Shipping Buyback
Weizmann Buyback	Ajanta Pharma Buyback
MOIL Buyback	Cheviot Company Buyback
MPS Buyback	Weizmann Buyback

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