Comparison between International Conveyors Buyback and Tanla Platforms Buyback 2022.
International Conveyors Buyback is a Open Market Through Stock Exchange buyback proposed to list at BSE, NSE while Tanla Platforms Buyback 2022 is a Tender Offer proposed to list at BSE, NSE.
| International Conveyors Ltd. | Tanla Platforms Ltd. | |||||||
|---|---|---|---|---|---|---|---|---|
| Logo |  |  | ||||||
| Type of Buyback | Open Market Through Stock Exchange | Tender Offer | ||||||
| Listing At | BSE, NSE | BSE, NSE | ||||||
| Face Value | ₹1 per share | ₹1 per share | ||||||
| Buyback Price | ₹75 per share | ₹1200 per share | ||||||
| Issue Size | 14,16,667 shares | |||||||
| Issue Size (Amount) | ₹29.70 Crores | ₹170.00 Crores | ||||||
| Buyback Ratio |
| |||||||
| Registrar | Maheshwari Datamatics Pvt.Ltd. | Kfin Technologies Ltd. | ||||||
| Lead Managers | Keynote Financial Services Ltd. | HDFC Bank Ltd. | ||||||
| Necessity of the buyback | The Buyback is being undertaken for the following reasons: The Board of Directors of the Company is of the view that the Buyback will help the Company effectively utilize its available surplus funds, which is in excess of the amount needed to be retained by the Company for the future growth. | The Buyback is being undertaken for the following reasons:
|
International Conveyors Buyback and Tanla Platforms Buyback 2022 buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. International Conveyors Buyback Buyback record date is . Tanla Platforms Buyback 2022 Buyback record date is Oct 25, 2022.
| International Conveyors Ltd. | Tanla Platforms Ltd. | |
|---|---|---|
| Record Date | Oct 25, 2022 | |
| Offer Open Date | Nov 03, 2022 | Dec 20, 2022 |
| Offer Closure Date | May 03, 2023 | Jan 02, 2023 |
| Last date for receipt of tender forms | Jan 02, 2023 | |
| Finalisation of buyback | Jan 10, 2023 | |
| Last Date for settlment of bids | Jan 11, 2023 | |
| Last Date for extinguishment of shares | Jan 18, 2023 |
Comparison of International Conveyors Buyback and Tanla Platforms Buyback 2022 financial data. The table below also includes a list of all relevant information like Stock Market Data, Compay Information, Lead Manager and Registrar.
| International Conveyors Ltd. | Tanla Platforms 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)
| Stock price at NSE (in preceding 3 months)
| |||||||||||||||||||||||||||||||||||||||||||||
