Comparison between Cigniti Technologies Buyback and Matrimony.com Buyback.
Cigniti Technologies Buyback is a Open Market Through Stock Exchange buyback proposed to list at BSE, NSE while Matrimony.com Buyback is a Tender Offer proposed to list at BSE.
| Cigniti Technologies Ltd. | Matrimony.com Ltd. | |||||||
|---|---|---|---|---|---|---|---|---|
| Logo |  |  | ||||||
| Type of Buyback | Open Market Through Stock Exchange | Tender Offer | ||||||
| Listing At | BSE, NSE | BSE | ||||||
| Face Value | ₹10 per share | ₹5 per share | ||||||
| Buyback Price | ₹500 per share | ₹1150 per share | ||||||
| Issue Size | 6,52,173 shares | |||||||
| Issue Size (Amount) | ₹38.00 Crores | ₹75.00 Crores | ||||||
| Buyback Ratio |
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| Registrar | Aarthi Consultants Pvt.Ltd. | Kfin Technologies Ltd. | ||||||
| Lead Managers | Bajaj Capital Ltd. | Motilal Oswal Investment Advisors Ltd. | ||||||
| Necessity of the buyback | The buyback is being undertaken for the following reason: 1. The Buyback would help in improving its return on equity, by reducing the equity base, thereby leading to a long term increase in shareholders' value. | 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 to shareholders. 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. |
Cigniti Technologies Buyback and Matrimony.com Buyback buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. Cigniti Technologies Buyback Buyback record date is . Matrimony.com Buyback Buyback record date is Jul 04, 2022.
| Cigniti Technologies Ltd. | Matrimony.com Ltd. | |
|---|---|---|
| Record Date | Jul 04, 2022 | |
| Offer Open Date | May 27, 2022 | Jul 26, 2022 |
| Offer Closure Date | Jun 29, 2022 | Aug 08, 2022 |
| Last date for receipt of tender forms | Aug 08, 2022 | |
| Finalisation of buyback | Aug 19, 2022 | |
| Last Date for settlment of bids | Aug 22, 2022 | |
| Last Date for extinguishment of shares | Aug 26, 2022 |
Comparison of Cigniti Technologies Buyback and Matrimony.com Buyback financial data. The table below also includes a list of all relevant information like Stock Market Data, Compay Information, Lead Manager and Registrar.
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| Stock price at NSE | Stock price at NSE (in preceding 3 months)
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