Comparison between CL Educate Buyback and Matrimony.com Buyback.
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 Ltd. | Matrimony.com Ltd. | |||||||
|---|---|---|---|---|---|---|---|---|
| Logo |  |  | ||||||
| Type of Buyback | Open Market Through Stock Exchange | Tender Offer | ||||||
| Listing At | BSE, NSE | BSE | ||||||
| Face Value | ₹5 per share | ₹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 |
| |||||||
| Registrar | Kfin Technologies Ltd. | Kfin Technologies Ltd. | ||||||
| Lead Managers | V.B.Desai Financial Services Ltd. | Motilal Oswal Investment Advisors Ltd. | ||||||
| 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. |
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 Ltd. | Matrimony.com Ltd. | |
|---|---|---|
| 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 |
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 Ltd. | Matrimony.com 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)
| ||||||||||||||||||||||||||||||||||||||||||||
