Matrimony.com Buyback vs Sinclairs Hotels Buyback

Comparison between Matrimony.com Buyback and Sinclairs Hotels Buyback.

Buyback Details

Matrimony.com Buyback is a Tender Offer buyback proposed to list at BSE while Sinclairs Hotels Buyback is a Tender Offer proposed to list at BSE.

 Matrimony.com Ltd.Sinclairs Hotels Ltd.
LogoMatrimony.com Buyback LogoSinclairs Hotels Buyback Logo
Type of BuybackTender OfferTender Offer
Listing AtBSEBSE
Face Value₹5 per share₹2 per share
Buyback Price₹1150 per share₹143 per share
Issue Size6,52,173 shares7,00,000 shares
Issue Size (Amount)₹75.00 Crores₹10.01 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.
RegistrarKfin Technologies Ltd.Niche Technologies Pvt.Ltd.
Lead ManagersMotilal Oswal Investment Advisors 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 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.

The buyback is being undertaken for the following reason:

1. The Buyback will help the Company to return surplus cash to its shareholders holding equity shares broadly in proportion to their shareholding, thereby, enhancing the overall return to shareholders.

2. The Buyback would help in improving return on equity, by the reduction in the equity base, thereby leading to a long term increase in shareholders' value.

Buyback Timetable

Matrimony.com Buyback and Sinclairs Hotels Buyback buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. Matrimony.com Buyback Buyback record date is Jul 04, 2022. Sinclairs Hotels Buyback Buyback record date is May 13, 2022.

 Matrimony.com Ltd.Sinclairs Hotels Ltd.
Record DateJul 04, 2022May 13, 2022
Offer Open DateJul 26, 2022Jun 03, 2022
Offer Closure DateAug 08, 2022Jun 16, 2022
Last date for receipt of tender formsAug 08, 2022
Finalisation of buybackAug 19, 2022
Last Date for settlment of bidsAug 22, 2022
Last Date for extinguishment of sharesAug 26, 2022

Financial Details and Other Relevent Information

Comparison of Matrimony.com Buyback and Sinclairs Hotels Buyback financial data. The table below also includes a list of all relevant information like Stock Market Data, Compay Information, Lead Manager and Registrar.

 Matrimony.com Ltd.Sinclairs Hotels Ltd.
Financial
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
Summary of financial Information
Particulars For the year/period ended (Rs. in Lakhs)
  31-Mar-21 31-Mar-20 31-Mar-19
Total Income 2,313.88 4,716.66 4,958.31
Profit After Tax 351.12 948.90 974.69
Net Worth 10,334.42 10,195.89 9,643.24
Stock price at BSE

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 BSE (in preceding 3 months)

Month High Price Low Price Average Price
Mar-2022 100.00 75.00 89.23
Feb-2022 89.80 70.00 81.84
Jan-2022 78.50 60.00 73.56
Stock price at NSE

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

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