HPCL Buyback vs Rane Brake Buyback

Comparison between HPCL Buyback and Rane Brake Buyback.

Buyback Details

HPCL Buyback is a Open Market Through Stock Exchange buyback proposed to list at BSE, NSE while Rane Brake Buyback is a Open Market Through Stock Exchange proposed to list at BSE, NSE.

 Hindustan Petroleum Corporation Ltd.Rane Brake Lining Ltd.
LogoHPCL Buyback LogoRane Brake Buyback Logo
Type of BuybackOpen Market Through Stock ExchangeOpen Market Through Stock Exchange
Listing AtBSE, NSEBSE, NSE
Face Value₹10 per share₹10 per share
Buyback Price₹250 per share₹825 per share
Issue Size
Issue Size (Amount)₹2,500.00 Crores₹22.00 Crores
Buyback Ratio
RegistrarMUFG Intime India Pvt.Ltd.Integrated Registry Management Services Pvt.Ltd.
Lead ManagersICICI Securities Ltd.Ambit Pvt.Ltd.
Necessity of the buyback

The Buyback is undertaken by the Company:
i) Optimize returns to shareholders.
ii) To enhance overall shareholder's value.

The Buyback is undertaken by the company to:
(i) Reduce outstanding number of shares and consequently increase EPS assuming same profits are earned.
(ii) Effectively utilize available cash.
(iii) Improve key ratios like Return on Equity Capital.

Buyback Timetable

HPCL Buyback and Rane Brake Buyback buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. HPCL Buyback Buyback record date is . Rane Brake Buyback Buyback record date is .

 Hindustan Petroleum Corporation Ltd.Rane Brake Lining Ltd.
Record Date
Offer Open DateNov 17, 2020Oct 27, 2020
Offer Closure DateMay 14, 2021Apr 26, 2021
Last date for receipt of tender forms
Finalisation of buyback
Last Date for settlment of bids
Last Date for extinguishment of shares

Financial Details and Other Relevent Information

Comparison of HPCL Buyback and Rane Brake Buyback financial data. The table below also includes a list of all relevant information like Stock Market Data, Compay Information, Lead Manager and Registrar.

 Hindustan Petroleum Corporation Ltd.Rane Brake Lining Ltd.
Financial
Summary of financial Information (Consolidated)
Particulars For the year/period ended (Rs. in Crores)
30-Sep-20 (Un-audited) 31-Mar-20 31-Mar-19
Total Revenue 1,09,089.44 2,89,255.10 2,98,621.32
Profit After Tax 5,291.28 2,637.26 6,028.66
Net-worth 32,799.18 28,962.36 28,174.82
Summary of financial Information (Consolidated)
Particulars For the year/period ended (Rs. in Crores)
31-Mar-20 31-Mar-19 31-Mar-18
Revenue from operations 470.98 513.89 482.29
Profit After Tax 34.34 36.53 35.75
Net-worth 228.82 209.77 188.21
Stock price at BSE

Stock price at BSE (in preceding 3 months)

Month High Price Low Price Average Price
Oct-2020 190.00 163.00 174.00
Sep-2020 205.00 171.00 192.00
Aug-2020 225.00 201.00 212.00

Stock price at BSE (in preceding 3 months)

Month High Price Low Price Average Price
Sep-2020 624.00 523.00 574.00
Aug-2020 670.00 514.00 574.00
Jul-2020 605.00 514.00 549.00
Stock price at NSE

Stock price at NSE (in preceding 3 months)

Month High Price Low Price Average Price
Oct-2020 190.00 163.00 174.00
Sep-2020 205.00 171.00 192.00
Aug-2020 223.00 201.00 212.00

Stock price at NSE (in preceding 3 months)

Month High Price Low Price Average Price
Sep-2020 625.00 521.00 574.00
Aug-2020 670.00 512.00 574.00
Jul-2020 605.00 517.00 549.00

Compare with others

Compare:

HPCL Buyback and Rane Brake Buyback