Comparison between KRBL Buyback 2023 and Tata Consultancy Services Buyback 2023.
KRBL Buyback 2023 is a Tender Offer buyback proposed to list at BSE, NSE while Tata Consultancy Services Buyback 2023 is a Tender Offer proposed to list at BSE, NSE.
| KRBL Ltd. | Tata Consultancy Services Ltd. | |||||||||||||||||||
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| Type of Buyback | Tender Offer | Tender Offer | ||||||||||||||||||
| Listing At | BSE, NSE | BSE, NSE | ||||||||||||||||||
| Face Value | ₹1 per share | ₹1 per share | ||||||||||||||||||
| Buyback Price | ₹500 per share | ₹4150 per share | ||||||||||||||||||
| Issue Size | 65,00,000 shares | 4,09,63,855 shares | ||||||||||||||||||
| Issue Size (Amount) | ₹325.00 Crores | ₹17,000.00 Crores | ||||||||||||||||||
| Buyback Ratio |
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| Registrar | Alankit Assignments Ltd. | MUFG Intime India Pvt.Ltd. | ||||||||||||||||||
| Lead Managers | Elara Capital (India) Pvt.Ltd. | JM Financial Ltd. | ||||||||||||||||||
| Necessity of the buyback | 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. | The current buyback is in line with the Company's shareholders-friendly capital allocation practice of returning excess cash to the shareholders thereby increasing shareholder value in the longer term and improving the return on equity |
KRBL Buyback 2023 and Tata Consultancy Services Buyback 2023 buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. KRBL Buyback 2023 Buyback record date is Aug 25, 2023. Tata Consultancy Services Buyback 2023 Buyback record date is Nov 25, 2023.
| KRBL Ltd. | Tata Consultancy Services Ltd. | |
|---|---|---|
| Record Date | Aug 25, 2023 | Nov 25, 2023 |
| Offer Open Date | Aug 31, 2023 | Dec 01, 2023 |
| Offer Closure Date | Sep 06, 2023 | Dec 07, 2023 |
| Last date for receipt of tender forms | Sep 06, 2023 | Dec 07, 2023 |
| Finalisation of buyback | Sep 12, 2023 | Dec 13, 2023 |
| Last Date for settlment of bids | Sep 13, 2023 | Dec 14, 2023 |
| Last Date for extinguishment of shares | Aug 25, 2023 | Dec 26, 2023 |
Comparison of KRBL Buyback 2023 and Tata Consultancy Services 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.
| KRBL Ltd. | Tata Consultancy Services Ltd. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Financial |
Amount in ₹ Crore | Tata Consultancy Services Limited Financial Information (Restated Consolidated)Tata Consultancy Services Limited's revenue increased by 16.6% and profit after tax (PAT) rose by 2.41% between the financial year ending with March 31, 2023 and March 31, 2022.
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| Stock price at BSE | Stock price at BSE (in preceding 3 months)
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| Stock price at NSE | Stock price at NSE (in preceding 3 months)
| Stock price at NSE (in preceding 3 months)
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