Engineers India Buyback vs IIFL Securities Buyback

Comparision between Engineers India Buyback and IIFL Securities Buyback.

Buyback Details

Engineers India Buyback is a Tender Offer buyback proposed to list at BSE, NSE while IIFL Securities Buyback is a Open Market Through Stock Exchange proposed to list at BSE, NSE.

Engineers India Limited

IIFL Securities Limited

Logo

Type of Buyback

Tender Offer

Open Market Through Stock Exchange

Listing At

BSE, NSE

Face Value

₹5 per share

₹2 per share

Buyback Price

₹84 per share

₹54 per share

Issue Size

6,98,69,047 shares

Issue Size (Amount)

₹586.90 Crores

₹90.00 Crores

Buyback Ratio

Category	Entitlement Ratio of Buyback
Reserved Category for Small Shareholders	119 Equity Shares out of every 828 fully paid-up Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders	80 Equity Shares out of every 753 fully paid-up Equity Shares held on the Record Date.

Registrar

Alankit Assignments Ltd

Link Intime India Private Ltd

Lead Managers

Idbi Capital Market Services Limited

Keynote Financial Services Ltd

Necessity of the buyback

The Buyback offered is undertaken by the Company:
i) To return surplus cash to its members.
ii) To help improve return on equity and thus increase shareholder's value.
iii) To optimize the capital structure.

The Buyback is undertaken by the Company:
i) To help effectively utilize its available surplus cash.
ii) To enhance overall long term shareholder's value.

Buyback Timetable

Engineers India Buyback and IIFL Securities Buyback buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. Engineers India Buyback Buyback record date is Jan 01, 2021. IIFL Securities Buyback Buyback record date is .

	Engineers India Limited	IIFL Securities Limited
Record Date	Jan 01, 2021
Offer Open Date	Jan 22, 2021	Dec 30, 2020
Offer Closure Date	Feb 05, 2021	Jun 29, 2021
Last date for receipt of tender forms	Feb 08, 2021
Finalisation of buyback	Feb 12, 2021
Last Date for settlment of bids	Feb 15, 2021
Last Date for extinguishment of shares	Feb 22, 2021

Financial Details and Other Relevent Information

Comparison of Engineers India Buyback and IIFL Securities Buyback financial data. The table below also includes a list of all relevant information like Stock Market Data, Compay Information, Lead Manager and Registrar.

Engineers India Limited

IIFL Securities Limited

Financial

Summary of financial Information (standalone)
Particulars	For the year/period ended (Rs. in Crores)
	31-Mar-20	31-Mar-19	31-Mar-18
Total Revenue	3,461.09	2,669.42	1,967.05
Profit After Tax	430.24	370.07	377.87
Net Worth	2,345.46	2,275.85	2,267.87

Summary of financial Information (Consolidated)
Particulars	For the year/period ended (Rs. in Crores)
	31-Mar-20	31-Mar-19	31-Mar-18
Total Revenue	789.94	875.57	947.19
Profit After Tax	233.94	171.43	180.57

Stock price at BSE

Stock price at BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Nov-2020	74.95	63.90	69.75
Oct-2020	69.00	60.50	64.30
Sep-2020	72.25	63.45	66.25

Stock price at BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Nov-2020	47.00	37.00	42.00
Oct-2020	44.00	36.00	39.00
Sep-2020	46.00	36.00	39.00

Stock price at NSE

Stock price at NSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Nov-2020	74.95	63.80	69.76
Oct-2020	69.00	60.40	64.29
Sep-2020	72.30	63.50	66.21

Stock price at NSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Nov-2020	47.00	39.00	42.00
Oct-2020	44.00	37.00	39.00
Sep-2020	46.00	36.00	39.00

Compare with others

Engineers India Limited	IIFL Securities Limited
Atul Buyback	Freshtrop Fruits Buyback
Freshtrop Fruits Buyback	Archidply Industries Buyback
Archidply Industries Buyback	Industrial and Prudential Investment Buyback
Industrial and Prudential Investment Buyback	Jullundur Motor Agency Buyback
Jullundur Motor Agency Buyback	Engineers India Buyback
IIFL Securities Buyback	Rane Brake Buyback
Rane Brake Buyback	HPCL Buyback
HPCL Buyback	Sreeleathers Buyback
Sreeleathers Buyback	Garware Technical Buyback
Garware Technical Buyback

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