FDC Buyback 2023 vs KRBL Buyback 2023

Comparision between FDC Buyback 2023 and KRBL Buyback 2023.

Buyback Details

FDC Buyback 2023 is a Tender Offer buyback proposed to list at BSE, NSE while KRBL Buyback 2023 is a Tender Offer proposed to list at BSE, NSE.

FDC Limited

KRBL Limited

Logo

Type of Buyback

Tender Offer

Listing At

BSE, NSE

Face Value

₹1 per share

Buyback Price

₹500 per share

Issue Size

31,00,000 shares

65,00,000 shares

Issue Size (Amount)

₹155.00 Crores

₹325.00 Crores

Buyback Ratio

Category	Entitlement Ratio of Buyback	Shares Offered
Reserved Category for Small Shareholders	12 Equity Shares out of every 131 Fully paid-up Equity Shares held on the Record Date.	465,000.00
General Category for all other Eligible Shareholders	1 Equity Shares out of every 61 Fully paid-up Equity Shares held on the Record Date.	2,635,000.00

Category	Entitlement Ratio of Buyback	Shares Offered
Reserved Category for Small Shareholders	51 Equity Shares out of every 292 Fully paid-up Equity Shares held on the Record Date.	975,000.00
General Category for all other Eligible Shareholders	5 Equity Shares out of every 208 Fully paid-up Equity Shares held on the Record Date.	5,525,000.00

Registrar

Link Intime India Private Ltd

Alankit Assignments Ltd

Lead Managers

Sundae Capital Advisors

Elara Capital (India) Private Limited

Necessity of the buyback

The Buyback is being undertaken for the following reasons:

The Buyback will result in reduction in the overall capital employed in the business, which will, in turn lead to higher earnings per share and enhanced return on equity and return on capital employed, return on net worth, return on assets, etc and long term increase in shareholders' value.
The Buyback will help the Company to distribute surplus cash to its Members holding equity shares broadly in proportion to their shareholding, thereby, enhancing the overall return to Members.

The Buyback is being undertaken for the following reasons:

1. The Buyback will help the Company to distribute surplus cash to its shareholders holding Equity Shares thereby enhancing the overall return for them.

2. The Buyback is generally expected to improve return on equity through distribution of cash and improve earnings per share by reduction in the equity base of the Company, thereby leading to long term increase in shareholders' value.

Buyback Timetable

FDC Buyback 2023 and KRBL Buyback 2023 buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. FDC Buyback 2023 Buyback record date is Aug 25, 2023. KRBL Buyback 2023 Buyback record date is Aug 25, 2023.

	FDC Limited	KRBL Limited
Record Date	Aug 25, 2023	Aug 25, 2023
Offer Open Date	Aug 31, 2023	Aug 31, 2023
Offer Closure Date	Sep 06, 2023	Sep 06, 2023
Last date for receipt of tender forms	Sep 08, 2023	Sep 06, 2023
Finalisation of buyback	Sep 13, 2023	Sep 12, 2023
Last Date for settlment of bids	Sep 13, 2023	Sep 13, 2023
Last Date for extinguishment of shares	Sep 25, 2023	Aug 25, 2023

Financial Details and Other Relevent Information

Comparison of FDC Buyback 2023 and KRBL Buyback 2023 financial data. The table below also includes a list of all relevant information like Stock Market Data, Compay Information, Lead Manager and Registrar.

FDC Limited

KRBL Limited

Financial

FDC Buyback 2023 Financial Information (Restated Standalone)
Period Ended	31 Mar 2022	31 Mar 2023
Assets	2,254.25	2,335.42
Revenue	1,597.70	1,830.94
Profit After Tax	219.64	200.97
Net Worth
Reserves and Surplus
Total Borrowing

Amount in ₹ Crore

KRBL Buyback 2023 Financial Information (Restated Consolidated)
Period Ended	31 Mar 2021	31 Mar 2022
Assets	4,627.83	4,748.02
Revenue	4,014.56	4,253.27
Profit After Tax	558.91	459.40
Net Worth	3,693.00	4,070.00
Reserves and Surplus
Total Borrowing

Amount in ₹ Crore

Stock price at BSE

Stock price at BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Jul-2023	350.20	306.80	334.45
Jun-2023	327.60	289.85	311.33
May-2023	314.95	281.40	298.28

Stock price at BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Aug-2023	418.85	371.55	398.82
Jul-2023	390.00	335.65	362.41
Jun-2023	376.00	339.00	353.18

Stock price at NSE

Stock price at NSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Jul-2023	350.15	306.55	332.85
Jun-2023	327.95	291.25	311.40
May-2023	315.00	282.05	297.98

Stock price at NSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Aug-2023	419.00	370.55	399.02
Jul-2023	390.50	335.45	362.41
Jun-2023	376.30	338.90	352.81

Compare with others

FDC Limited	KRBL Limited
Somany Ceramics Buyback 2023	Atul Buyback 2023
Tata Consultancy Services Buyback 2023	Somany Ceramics Buyback 2023
Siyaram Silk Mills Buyback 2023	Tata Consultancy Services Buyback 2023
Sinclairs Hotels Buyback 2023	Siyaram Silk Mills Buyback 2023
KRBL Buyback 2023	Sinclairs Hotels Buyback 2023
CL Educate Buyback 2023	FDC Buyback 2023
Control Print (India) Buyback 2023	CL Educate Buyback 2023
Piramal Enterprises Buyback 2023	Control Print (India) Buyback 2023
Larsen & Toubro Buyback 2023	Piramal Enterprises Buyback 2023
Aarti Drugs Buyback 2023	Larsen & Toubro Buyback 2023

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