CL Educate Buyback vs Matrimony.com Buyback

Comparision between CL Educate Buyback and Matrimony.com Buyback.

Buyback Details

CL Educate 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.

CL Educate Limited

Matrimony.com Limited

Logo

Type of Buyback

Open Market Through Stock Exchange

Tender Offer

Listing At

BSE, NSE

BSE

Face Value

₹5 per share

Buyback Price

₹170 per share

₹1150 per share

Issue Size

6,52,173 shares

Issue Size (Amount)

₹10.00 Crores

₹75.00 Crores

Buyback Ratio

Category	Entitlement Ratio of Buyback
Reserved Category for Small Shareholders	6 Equity Share out of every 43 Fully paid-up Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders	41 Equity Shares out of every 793 Fully paid-up Equity Shares held on the Record Date.

Registrar

Kfin Technologies Limited

Lead Managers

V B Desai Financial Services Limited

Motilal Oswal Investment Advisors Limited

Necessity of the buyback

The Buyback is being undertaken, inter-alia, for the following reasons:

1. The Buyback will help the Company to return surplus cash to its shareholders holding Equity Shares.

2. The Buyback may help in improving return on equity.

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.

Buyback Timetable

CL Educate Buyback and Matrimony.com Buyback buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. CL Educate Buyback Buyback record date is . Matrimony.com Buyback Buyback record date is Jul 04, 2022.

	CL Educate Limited	Matrimony.com Limited
Record Date		Jul 04, 2022
Offer Open Date	May 27, 2022	Jul 26, 2022
Offer Closure Date	Jul 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

Financial Details and Other Relevent Information

Comparison of CL Educate 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.

CL Educate Limited

Matrimony.com Limited

Financial

Summary of financial Information (Consolidated)
Particulars	For the year/period ended (Rs. in Lakhs)
	31-Mar-22	31-Mar-21	31-Mar-20
Total Income	21,616.38	19,190.57	32,398.03
Profit After Tax	1,379.06	-1,260.28	-5,480.91
Net Worth	26,163.49	24,710.89	25,920.40
Reserves and Surplus	24,746.92	23,294.32	24,503.83

Summary of financial Information (Consolidated)
Particulars	For the year/period ended (Rs. in Million)
	31-Mar-22	31-Mar-21	31-Mar-20
Total Income	4,524.36	3,953.34	3,896.95
Profit After Tax	535.91	407.74	295.35
Net Worth	3,103.53	2,632.97	2,282.41

Stock price at BSE

Stock price at BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Apr-2022	170.30	118.10	147.40
Mar-2022	145.70	113.00	131.16
Feb-2022	137.00	98.55	112.83

Stock price at BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
May-2022	797.00	652.80	745.20
Apr-2022	799.00	663.00	728.27
Mar-2022	748.95	660.35	698.07

Stock price at NSE

Stock price at NSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Apr-2022	170.25	118.50	144.33
Mar-2022	146.00	110.00	129.45
Feb-2022	137.95	98.00	116.31

Stock price at NSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
May-2022	792.25	645.35	745.41
Apr-2022	799.90	663.00	727.37
Mar-2022	738.00	661.00	697.63

Compare with others

CL Educate Limited	Matrimony.com Limited
Marksans Pharma Buyback	CL Educate Buyback
Bajaj Auto Buyback	Cigniti Technologies Buyback
Route Mobile Buyback	Zydus Lifesciences Buyback
Avonmore Capital Buyback	Asahi Songwon Colors Buyback
Birlasoft Limited Buyback	Motilal Oswal Financial Services Buyback
Cigniti Technologies Buyback	SMC Global Securities Buyback
Zydus Lifesciences Buyback	IndiaMART InterMESH Buyback
Asahi Songwon Colors Buyback	Sinclairs Hotels Buyback
Motilal Oswal Financial Services Buyback	Sarda Energy & Minerals Buyback
Matrimony.com Buyback	UPL Limited Buyback 2022

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