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Matrimony.com Buyback vs Zydus Lifesciences Buyback

Comparision between Matrimony.com Buyback and Zydus Lifesciences Buyback.

Buyback Details

Matrimony.com Buyback is a Tender Offer buyback proposed to list at BSE while Zydus Lifesciences Buyback is a Tender Offer proposed to list at BSE, NSE.

  Matrimony.com Limited Zydus Lifesciences Limited
Logo Matrimony.com Buyback Logo Zydus Lifesciences Buyback Logo
Type of Buyback Tender Offer Tender Offer
Listing At BSE BSE, NSE
Face Value ₹5 per share ₹1 per share
Buyback Price ₹1150 per share ₹650 per share
Issue Size 6,52,173 shares 1,15,38,461 shares
Issue Size (Amount) ₹75.00 Crores ₹750.00 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.
Category Entitlement Ratio of Buyback
Reserved Category for Small Shareholders 26 Equity Share out of every 503 Fully paid-up Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders 1 Equity Shares out of every 101 Fully paid-up Equity Shares held on the Record Date.
Registrar Kfin Technologies Limited Link Intime India Private Ltd
Lead Managers Motilal Oswal Investment Advisors Limited ICICI Securities Limited
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 distribute a part of the surplus cash to its shareholders holding Equity Shares thereby, optimizing returns to the shareholders and enhancing the overall shareholders' value in longer term and improving the return on equity.

Buyback Timetable

Matrimony.com Buyback and Zydus Lifesciences 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. Zydus Lifesciences Buyback Buyback record date is Jun 02, 2022.

  Matrimony.com Limited Zydus Lifesciences Limited
Record Date Jul 04, 2022 Jun 02, 2022
Offer Open Date Jul 26, 2022 Jun 23, 2022
Offer Closure Date Aug 08, 2022 Jul 06, 2022
Last date for receipt of tender forms Aug 08, 2022 Jul 06, 2022
Finalisation of buyback Aug 19, 2022 Jul 14, 2022
Last Date for settlment of bids Aug 22, 2022 Jul 15, 2022
Last Date for extinguishment of shares Aug 26, 2022 Jul 22, 2022

Financial Details and Other Relevent Information

Comparison of Matrimony.com Buyback and Zydus Lifesciences 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 Limited Zydus Lifesciences Limited
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 (Consolidated)
Particulars For the year/period ended (Rs. in Million)
  31-Mar-22 31-Mar-21 31-Mar-20
Total Income 1,54,899 1,51,394 1,43,670
Profit After Tax 23,726 21,850 12,044
Net Worth 1,69,996 1,29,923 1,03,757
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
Apr-2022 376.60 337.70 359.37
Mar-2022 379.00 331.00 359.62
Feb-2022 420.50 343.00 385.95
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

Stock price at NSE (in preceding 3 months)

Month High Price Low Price Average Price
Apr-2022 376.70 337.55 359.43
Mar-2022 378.60 331.55 359.63
Feb-2022 420.55 342.85 385.99

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