Hinduja Global Solutions Buyback vs One 97 Communications Buyback

Comparison between Hinduja Global Solutions Buyback and One 97 Communications Buyback.

Buyback Details

Hinduja Global Solutions Buyback is a Tender Offer buyback proposed to list at BSE, NSE while One 97 Communications Buyback is a Open Market Through Stock Exchange proposed to list at BSE, NSE.

 Hinduja Global Solutions Ltd.One 97 Communications Ltd.
LogoHinduja Global Solutions Buyback LogoOne 97 Communications Buyback Logo
Type of BuybackTender OfferOpen Market Through Stock Exchange
Listing AtBSE, NSEBSE, NSE
Face Value₹10 per share₹1 per share
Buyback Price₹1700 per share₹810 per share
Issue Size60,00,000 shares
Issue Size (Amount)₹1,020.00 Crores₹850.00 Crores
Buyback Ratio
CategoryEntitlement Ratio of BuybackShares Offered
Reserved Category for Small Shareholders1 Equity Shares out of every 3 Fully paid-up Equity Shares held on the Record Date.900,000.00
General Category for all other Eligible Shareholders1 Equity Shares out of every 9 Fully paid-up Equity Shares held on the Record Date.5,100,000.00
RegistrarKfin Technologies Ltd.MUFG Intime India Pvt.Ltd.
Lead ManagersMotilal Oswal Investment Advisors Ltd.Axis Capital Ltd.
Necessity of the buyback

The Buyback is being undertaken with following objectives:

1. The Buyback will help the Company to distribute surplus cash to its shareholders holding Equity Shares broadly in proportion to their shareholding, thereby, enhancing the overall return to the shareholders.

2. The Buyback will help in improving financial ratios like earnings per share, return on capital employed and return on equity, by reducing the equity base of the Company

The Buyback is being undertaken for the following reasons:

  • The Board believes that this buyback is a sign of confidence thai the Company is on a clear path to deliver cash flow profitability, and this buy-back will not have any impact on growth plans in the near future or on its profitability plans.

Buyback Timetable

Hinduja Global Solutions Buyback and One 97 Communications Buyback buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. Hinduja Global Solutions Buyback Buyback record date is Mar 06, 2023. One 97 Communications Buyback Buyback record date is .

 Hinduja Global Solutions Ltd.One 97 Communications Ltd.
Record DateMar 06, 2023
Offer Open DateMay 22, 2023Dec 21, 2022
Offer Closure DateJun 02, 2023Feb 13, 2023
Last date for receipt of tender formsJun 02, 2023
Finalisation of buybackJun 12, 2023
Last Date for settlment of bidsJun 13, 2023
Last Date for extinguishment of sharesJun 20, 2023

Financial Details and Other Relevent Information

Comparison of Hinduja Global Solutions Buyback and One 97 Communications Buyback financial data. The table below also includes a list of all relevant information like Stock Market Data, Compay Information, Lead Manager and Registrar.

 Hinduja Global Solutions Ltd.One 97 Communications Ltd.
Financial
Hinduja Global Solutions Limited Financial Information (Consolidated)
Period EndedTotal RevenueProfit After TaxNet WorthTotal Borrowing
31-Mar-205043.64184.041731.84498.96
31-Mar-215670.49336.052084.87292.24
31-Mar-224488.63-32.128229.73819.18
30-Sep-222692.42265.418644.78638.47
Amount in ₹ Crore
One 97 Communications Limited Financial Information (Consolidated)
Period EndedTotal RevenueProfit After TaxNet WorthTotal Borrowing
07-Apr-203540.7-2842.48105.2208.7
31-Mar-213186.8-17016534.8544.9
31-Mar-225264.3-2396.414151.60.1
Amount in ₹ Crore
Stock price at BSE

Stock price at BSE (in preceding 3 months)

Month High Price Low Price Average Price
Aug-2022 1661.05 1275.65 1464.25
Sep-2022 1484.50 1221.00 1391.98
Oct-2022 1331.80 1207.45 1272.53

Stock price at BSE (in preceding 3 months)

Month High Price Low Price Average Price
Nov-2022 668.45 439.60 565.94
Oct-2022 745.00 624.65 668.99
Sep-2022 747.75 627.60 698.33
Stock price at NSE

Stock price at NSE (in preceding 3 months)

Month High Price Low Price Average Price
Aug-2022 1662.75 1279.35 1471.26
Sep-2022 1488.10 1217.45 1402.97
Oct-2022 1329.55 1207.40 1277.21

Stock price at NSE (in preceding 3 months)

Month High Price Low Price Average Price
Nov-2022 668.40 438.35 565.98
Oct-2022 745.45 625.00 668.92
Sep-2022 748.00 629.55 698.32

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Hinduja Global Solutions Buyback and One 97 Communications Buyback