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Gulf Oil Lubricants Buyback Feb 22 vs Mayur Uniquoters Buyback

Comparision between Gulf Oil Lubricants Buyback Feb 22 and Mayur Uniquoters Buyback.

Buyback Details

Gulf Oil Lubricants Buyback Feb 22 is a Tender Offer buyback proposed to list at BSE, NSE while Mayur Uniquoters Buyback is a Tender Offer proposed to list at BSE, NSE.

  Gulf Oil Lubricants India Ltd Mayur Uniquoters Limited
Logo Gulf Oil Lubricants Buyback Feb 22 Logo Mayur Uniquoters Buyback Logo
Type of Buyback Tender Offer Tender Offer
Listing At BSE, NSE BSE, NSE
Face Value ₹2 per share ₹5 per share
Buyback Price ₹600 per share ₹650 per share
Issue Size 14,16,667 shares 6,25,000 shares
Issue Size (Amount) ₹85.00 Crores ₹40.63 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.
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.
Registrar Kfin Technologies Limited Beetal Financial & Computer Services (P) Limited
Lead Managers Motilal Oswal Investment Advisors Limited Chartered Capital And Investment Limited
Necessity of the buyback
  1. To distribute surplus cash to shareholders holding equity shares in proportion to their shareholdings.
  2. To improve financial ratios like earnings per share and return on equity by reducing the company's equity base.

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

Gulf Oil Lubricants Buyback Feb 22 and Mayur Uniquoters Buyback buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. Gulf Oil Lubricants Buyback Feb 22 Buyback record date is Feb 21, 2022. Mayur Uniquoters Buyback Buyback record date is Feb 23, 2022.

  Gulf Oil Lubricants India Ltd Mayur Uniquoters Limited
Record Date Feb 21, 2022 Feb 23, 2022
Offer Open Date Mar 25, 2022 Mar 24, 2022
Offer Closure Date Apr 07, 2022 Apr 06, 2022
Last date for receipt of tender forms Apr 07, 2022 Apr 06, 2022
Finalisation of buyback Apr 19, 2022 Apr 18, 2022
Last Date for settlment of bids Apr 20, 2022 Apr 19, 2022
Last Date for extinguishment of shares Apr 26, 2022 Apr 26, 2022

Financial Details and Other Relevent Information

Comparison of Gulf Oil Lubricants Buyback Feb 22 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.

  Gulf Oil Lubricants India Ltd Mayur Uniquoters Limited
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 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
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
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 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
Jan-2022 503.00 445.50 462.28
Dec-2021 531.85 425.00 469.17
Nov-2021 617.55 499.75 583.12

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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