Comparison between IIFL Securities Buyback and Industrial and Prudential Investment Buyback.
IIFL Securities Buyback is a Open Market Through Stock Exchange buyback proposed to list at BSE, NSE while Industrial and Prudential Investment Buyback is a Tender Offer proposed to list at BSE.
| IIFL Securities Ltd. | Industrial and Prudential Investment Company Ltd. | |||||||
|---|---|---|---|---|---|---|---|---|
| Logo |  |  | ||||||
| Type of Buyback | Open Market Through Stock Exchange | Tender Offer | ||||||
| Listing At | BSE, NSE | BSE | ||||||
| Face Value | ₹2 per share | ₹10 per share | ||||||
| Buyback Price | ₹54 per share | ₹1200 per share | ||||||
| Issue Size | 69,500 shares | |||||||
| Issue Size (Amount) | ₹90.00 Crores | ₹8.34 Crores | ||||||
| Buyback Ratio |
| |||||||
| Registrar | MUFG Intime India Pvt.Ltd. | MUFG Intime India Pvt.Ltd. | ||||||
| Lead Managers | Keynote Financial Services Ltd. | Inga Ventures Pvt.Ltd. | ||||||
| Necessity of the buyback |
The Buyback is undertaken by the Company:
|
The Buyback is undertaken by the Company after taking into account it's strategic and operational
|
IIFL Securities Buyback and Industrial and Prudential Investment 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 . Industrial and Prudential Investment Buyback Buyback record date is Jan 01, 2021.
| IIFL Securities Ltd. | Industrial and Prudential Investment Company Ltd. | |
|---|---|---|
| Record Date | Jan 01, 2021 | |
| Offer Open Date | Dec 30, 2020 | Feb 04, 2021 |
| Offer Closure Date | Jun 29, 2021 | Feb 17, 2021 |
| Last date for receipt of tender forms | Feb 22, 2021 | |
| Finalisation of buyback | Feb 26, 2021 | |
| Last Date for settlment of bids | Mar 01, 2021 | |
| Last Date for extinguishment of shares | Mar 08, 2021 |
Comparison of IIFL Securities Buyback and Industrial and Prudential Investment 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 Ltd. | Industrial and Prudential Investment Company Ltd. | |||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financial |
|
| ||||||||||||||||||||||||||||||||||||
| Stock price at BSE | Stock price at BSE (in preceding 3 months)
| Stock price at BSE (in preceding 3 months)
| ||||||||||||||||||||||||||||||||||||
| Stock price at NSE | Stock price at NSE (in preceding 3 months)
| |||||||||||||||||||||||||||||||||||||
