Comparison between Hinduja Global Solutions Buyback and VLS Finance Buyback.
Hinduja Global Solutions Buyback is a Tender Offer buyback proposed to list at BSE, NSE while VLS Finance Buyback is a Open Market Through Stock Exchange proposed to list at BSE, NSE.
| Hinduja Global Solutions Ltd. | VLS Finance Ltd. | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Logo |  |  | |||||||||
| Type of Buyback | Tender Offer | Open Market Through Stock Exchange | |||||||||
| Listing At | BSE, NSE | BSE, NSE | |||||||||
| Face Value | ₹10 per share | ₹10 per share | |||||||||
| Buyback Price | ₹1700 per share | ₹200 per share | |||||||||
| Issue Size | 60,00,000 shares | ||||||||||
| Issue Size (Amount) | ₹1,020.00 Crores | ₹70.00 Crores | |||||||||
| Buyback Ratio |
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| Registrar | Kfin Technologies Ltd. | RCMC Share Registry Pvt.Ltd. | |||||||||
| Lead Managers | Motilal Oswal Investment Advisors Ltd. | SMC Capitals 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 Buy-Back is expected to achieve the following objectives:
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Hinduja Global Solutions Buyback and VLS Finance 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. VLS Finance Buyback Buyback record date is .
| Hinduja Global Solutions Ltd. | VLS Finance Ltd. | |
|---|---|---|
| Record Date | Mar 06, 2023 | |
| Offer Open Date | May 22, 2023 | Jan 16, 2023 |
| Offer Closure Date | Jun 02, 2023 | May 29, 2023 |
| Last date for receipt of tender forms | Jun 02, 2023 | |
| Finalisation of buyback | Jun 12, 2023 | |
| Last Date for settlment of bids | Jun 13, 2023 | |
| Last Date for extinguishment of shares | Jun 20, 2023 |
Comparison of Hinduja Global Solutions Buyback and VLS Finance Buyback financial data. The table below also includes a list of all relevant information like Stock Market Data, Compay Information, Lead Manager and Registrar.
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| Stock price at BSE | Stock price at BSE (in preceding 3 months)
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| Stock price at NSE | Stock price at NSE (in preceding 3 months)
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