Goldiam International Buyback vs MOIL Buyback

Comparision between Goldiam International Buyback and MOIL Buyback.

Buyback Details

Goldiam International Buyback is a Tender Offer buyback proposed to list at BSE, NSE while MOIL Buyback is a Tender Offer proposed to list at BSE, NSE.

Goldiam International Limited

MOIL Limited

Logo

Type of Buyback

Tender Offer

Listing At

BSE, NSE

Face Value

₹10 per share

Buyback Price

₹1200 per share

₹205 per share

Issue Size

3,80,000 shares

3,38,42,668 shares

Issue Size (Amount)

₹45.60 Crores

₹693.77 Crores

Buyback Ratio

Category	Entitlement Ratio of Buyback
Reserved Category for Small Shareholders	20 Equity Shares out of every 313 fully paid-up Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders	9 Equity Shares out of every 593 fully paid-up Equity Shares held on the Record Date.

Category	Entitlement Ratio of Buyback
Reserved Category for Small Shareholders	123 Equity Shares out of every 625 shares held on the record date.
General Category for all other Eligible Shareholders	99 Equity Shares out of every 728 shares held on the record date.

Registrar

Link Intime India Private Ltd

Bigshare Services Pvt Ltd

Lead Managers

Keynote Financial Services Ltd

Idbi Capital Market Services Limited

Necessity of the buyback

The Buyback aims to:
i) help the Company to distribute surplus cash to its shareholders holding Equity Shares broadly in proportion to their shareholding, thereby, enhancing the overall return to shareholders.
iii) in improving financial ratios like earnings per share and return on equity, by reducing the equity base of the Company.

The Buyback aims to :
i) Reduce outstanding number of equity shares and consequently increase earnings per share and book value per share.
ii) Effectively utilize available cash; and
iii) Improve key return ratios like return on equity capital.

Buyback Timetable

Goldiam International Buyback and MOIL Buyback buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. Goldiam International Buyback Buyback record date is Oct 27, 2021. MOIL Buyback Buyback record date is Dec 31, 2021.

	Goldiam International Limited	MOIL Limited
Record Date	Oct 27, 2021	Dec 31, 2021
Offer Open Date	Nov 26, 2021	Jan 28, 2022
Offer Closure Date	Dec 09, 2021	Feb 10, 2022
Last date for receipt of tender forms	Dec 09, 2021	Feb 12, 2022
Finalisation of buyback	Dec 17, 2021	Feb 18, 2022
Last Date for settlment of bids	Dec 20, 2021	Feb 21, 2022
Last Date for extinguishment of shares	Dec 27, 2021	Feb 28, 2022

Financial Details and Other Relevent Information

Comparison of Goldiam International Buyback and MOIL Buyback financial data. The table below also includes a list of all relevant information like Stock Market Data, Compay Information, Lead Manager and Registrar.

Goldiam International Limited

MOIL Limited

Financial

Summary of financial Information standalone)
Particulars	For the year/period ended (Rs. in Millions)
	31-Mar-21	31-Mar-20	31-Mar-19
Total Income	2,335.92	1,728.06	1,806.41
Profit After Tax	305.13	190.42	195.79

Summary of financial Information standalone)
Particulars	For the year/period ended (Rs. in Millions)
	31-Mar-21	31-Mar-20	31-Mar-19
Total Income	12,798.5	12,191.8	16,314.8
Profit After Tax	1,766.3	2,482.2	4,739.0
Reserves & Surplus	25,825.7	2,5260.6	28,251.0
Net Worth	28,199.0	27,633.9	30,827.1

Stock price at BSE

Stock price at BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Sep-2021	1074.00	710.80	861.61
Aug-2021	790.00	584.30	690.16
Jul-2021	620.00	441.00	554.36

Stock price at BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Nov-2021	179.80	156.35	170.92
Oct-2021	174.55	154.70	164.37
Sep-2021	181.30	156.25	165.23

Stock price at NSE

Stock price at NSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Sep-2021	1075.00	712.90	861.47
Aug-2021	789.00	595.00	690.09
Jul-2021	617.00	441.00	554.57

Stock price at NSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Nov-2021	179.80	157.15	170.96
Oct-2021	174.70	154.50	164.36
Sep-2021	181.50	156.15	165.22

Compare with others

Goldiam International Limited	MOIL Limited
MOIL Buyback	James Warren Tea Buyback
MPS Buyback	Great Eastern Shipping Buyback
AksharChem India Buyback	Ajanta Pharma Buyback
S H Kelkar Buyback	Cheviot Company Buyback
Nucleus Software Buyback	Weizmann Buyback
eClerx Services Limited Buyback	MPS Buyback
Rishiroop Limited Buyback	AksharChem India Buyback
Mahalaxmi Rubtech Buyback	S H Kelkar Buyback
Star Cement Buyback	Nucleus Software Buyback
Gandhi Special Tubes Limited Buyback	Goldiam International Buyback

Comments

Add a public comment...