Atul Limited Buyback vs Gulf Oil Lubricants Buyback Feb 22

Comparision between Atul Limited Buyback and Gulf Oil Lubricants Buyback Feb 22.

Buyback Details

Atul Limited Buyback is a Open Market Through Stock Exchange buyback proposed to list at BSE, NSE while Gulf Oil Lubricants Buyback Feb 22 is a Tender Offer proposed to list at BSE, NSE.

Atul Limited

Gulf Oil Lubricants India Ltd

Logo

Type of Buyback

Open Market Through Stock Exchange

Tender Offer

Listing At

BSE, NSE

Face Value

₹10 per share

₹2 per share

Buyback Price

₹11000 per share

₹600 per share

Issue Size

14,16,667 shares

Issue Size (Amount)

₹70.00 Crores

₹85.00 Crores

Buyback Ratio

Category	Entitlement Ratio of Buyback
Reserved Category for Small Shareholders	27 Equity Shares for every 374 Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders	9 Equity Shares for every 355 Equity Shares held on the Record Date.

Registrar

Link Intime India Private Ltd

Kfin Technologies Limited

Lead Managers

Vivro Financial Services Private Limited

Motilal Oswal Investment Advisors Limited

Necessity of the buyback

The Buy-back aims to:

1. Return surplus funds to the equity shareholders of the Company.

2. Improve earnings per share by reducing the equity base, thereby leading to a long-term increase in the value of shareholders.

To distribute surplus cash to shareholders holding equity shares in proportion to their shareholdings.
To improve financial ratios like earnings per share and return on equity by reducing the company's equity base.

Buyback Timetable

Atul Limited Buyback and Gulf Oil Lubricants Buyback Feb 22 buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. Atul Limited Buyback Buyback record date is . Gulf Oil Lubricants Buyback Feb 22 Buyback record date is Feb 21, 2022.

	Atul Limited	Gulf Oil Lubricants India Ltd
Record Date		Feb 21, 2022
Offer Open Date	Apr 07, 2022	Mar 25, 2022
Offer Closure Date	May 09, 2022	Apr 07, 2022
Last date for receipt of tender forms		Apr 07, 2022
Finalisation of buyback		Apr 19, 2022
Last Date for settlment of bids		Apr 20, 2022
Last Date for extinguishment of shares		Apr 26, 2022

Financial Details and Other Relevent Information

Comparison of Atul Limited Buyback and Gulf Oil Lubricants Buyback Feb 22 financial data. The table below also includes a list of all relevant information like Stock Market Data, Compay Information, Lead Manager and Registrar.

Atul Limited

Gulf Oil Lubricants India Ltd

Financial

Summary of financial Information (Consolidated)
Particulars	For the year/period ended (Rs. in Crores)
	31-Mar-21	31-Mar-20	31-Mar-19
Total Income	3,834.45	4,171.10	4,072.67
Profit After Tax	660.02	670.91	436.02
Net Worth	3,826.52	3,154.90	2,705.71

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	17,042.64	16,790.46	17,353.35
Profit After Tax	2,000.85	2,025.21	1,777.82
Net Worth	8,693.76	7,613.07	5,867.43
Reserves and Surplus	8,593.14	7,512.86	5,767.83

Stock price at BSE

Stock price at BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Feb-2022	9852.10	8627.90	9361.13
Jan-2022	10859.00	8966.80	9709.73
Dec-2021	9121.75	8302.30	8787.72

Stock price at BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Jan-2022	502.90	445.00	462.26
Dec-2021	528.40	427.95	469.32
Nov-2021	614.60	499.00	582.56

Stock price at NSE

Stock price at NSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Feb-2022	9899.95	8622.05	9359.34
Jan-2022	10856.80	8964.05	9714.97
Dec-2021	9124.70	8313.45	8784.29

Stock price at NSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Jan-2022	503.00	445.50	462.28
Dec-2021	531.85	425.00	469.17
Nov-2021	617.55	499.75	583.12

Compare with others

Atul Limited	Gulf Oil Lubricants India Ltd
Sinclairs Hotels Buyback	UPL Limited Buyback 2022
Sarda Energy & Minerals Buyback	GAIL (India) Buyback
UPL Limited Buyback 2022	Filatex India Buyback
GAIL (India) Buyback	Atul Limited Buyback
Filatex India Buyback	Pennar Industries Buyback
Pennar Industries Buyback	FDC Buyback
Gulf Oil Lubricants Buyback Feb 22	K.P.R Mill Buyback
FDC Buyback	Mayur Uniquoters Buyback
K.P.R Mill Buyback	Emami Ltd Buyback
Mayur Uniquoters Buyback	TCS Buyback

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