IIFL Securities Buyback vs Rane Brake Buyback

Comparision between IIFL Securities Buyback and Rane Brake Buyback.

Buyback Details

IIFL Securities 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.

	IIFL Securities Limited	Rane Brake Lining Limited
Logo
Type of Buyback	Open Market Through Stock Exchange	Open Market Through Stock Exchange
Listing At	BSE, NSE	BSE, NSE
Face Value	₹2 per share	₹10 per share
Buyback Price	₹54 per share	₹825 per share
Issue Size
Issue Size (Amount)	₹90.00 Crores	₹22.00 Crores
Buyback Ratio
Registrar	Link Intime India Private Ltd	Integrated Registry Management Services Private Limited
Lead Managers	Keynote Financial Services Ltd	Ambit Private Limited
Necessity of the buyback	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.	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

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

	IIFL Securities Limited	Rane Brake Lining Limited
Record Date
Offer Open Date	Dec 30, 2020	Oct 27, 2020
Offer Closure Date	Jun 29, 2021	Apr 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 IIFL Securities 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.

IIFL Securities Limited

Rane Brake Lining Limited

Financial

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

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
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 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
Nov-2020	47.00	39.00	42.00
Oct-2020	44.00	37.00	39.00
Sep-2020	46.00	36.00	39.00

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

IIFL Securities Limited	Rane Brake Lining Limited
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
Engineers India Buyback	IIFL Securities Buyback
Rane Brake Buyback	HPCL Buyback
HPCL Buyback	Sreeleathers Buyback
Sreeleathers Buyback	Garware Technical Buyback
Garware Technical Buyback

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