Comparison between Marksans Pharma Buyback and Route Mobile Buyback.
Marksans Pharma Buyback is a Open Market Through Stock Exchange buyback proposed to list at BSE, NSE while Route Mobile Buyback is a Open Market Through Stock Exchange proposed to list at BSE, NSE.
| Marksans Pharma Ltd | Route Mobile Ltd. | |
|---|---|---|
| Logo |  |  |
| Type of Buyback | Open Market Through Stock Exchange | Open Market Through Stock Exchange |
| Listing At | BSE, NSE | BSE, NSE |
| Face Value | ₹1 per share | ₹10 per share |
| Buyback Price | ₹60 per share | ₹1700 per share |
| Issue Size | ||
| Issue Size (Amount) | ₹60.00 Crores | ₹120.00 Crores |
| Buyback Ratio | ||
| Registrar | Bigshare Services Pvt.Ltd. | Kfin Technologies Ltd. |
| Lead Managers | Sundae Capital Advisors Pvt.Ltd. | Edelweiss Financial Services Ltd. |
| Necessity of the buyback | The buyback is being undertaken for the following reasons: 1. The Buyback will help the Company to return surplus cash to its shareholders. 2. The Buyback is generally expected to improve return on equity through the distribution of cash and improve earnings per share by the reduction in the equity base of the Company, thereby leading to a long-term increase in shareholders' value. | The buyback is being undertaken for the following reasons: 1. Utilise the available surplus funds, which are in excess of the surplus amount needed to be retained by the company for future growth over a medium term. 2. The Buyback would help in improving the return on equity, based on the consumption that the company would earn similar profits as in the past and increasing shareholder value in the long term. |
Marksans Pharma Buyback and Route Mobile Buyback buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. Marksans Pharma Buyback Buyback record date is . Route Mobile Buyback Buyback record date is .
| Marksans Pharma Ltd | Route Mobile Ltd. | |
|---|---|---|
| Record Date | ||
| Offer Open Date | Jul 15, 2022 | Jul 11, 2022 |
| Offer Closure Date | Jan 14, 2023 | Aug 29, 2022 |
| Last date for receipt of tender forms | ||
| Finalisation of buyback | ||
| Last Date for settlment of bids | ||
| Last Date for extinguishment of shares |
Comparison of Marksans Pharma Buyback and Route Mobile Buyback financial data. The table below also includes a list of all relevant information like Stock Market Data, Compay Information, Lead Manager and Registrar.
| Marksans Pharma Ltd | Route Mobile 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)
| ||||||||||||||||||||||||||||||||||||||||||||||||
