MOIL Buyback vs Nucleus Software Buyback

Comparison between MOIL Buyback and Nucleus Software Buyback.

Buyback Details

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

 MOIL Ltd.Nucleus Software Exports Ltd.
LogoMOIL Buyback LogoNucleus Software Buyback Logo
Type of BuybackTender OfferTender Offer
Listing AtBSE, NSEBSE, NSE
Face Value₹10 per share₹10 per share
Buyback Price₹205 per share₹700 per share
Issue Size3,38,42,668 shares22,67,400 shares
Issue Size (Amount)₹693.77 Crores₹158.72 Crores
Buyback Ratio
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.
Category Entitlement Ratio of Buyback
Reserved Category for Small Shareholders 19 Equity shares out of every 123 fully paid up Equity shares held on the Record date.
General Category for all other Eligible Shareholders 27 Equity shares out of every 376 fully paid up Equity shares held on the Record date.
RegistrarBigshare Services Pvt.Ltd.Kfin Technologies Ltd.
Lead ManagersIDBI Capital Markets & Securities Ltd.Corporate Professionals Capital Pvt.Ltd.
Necessity of the buyback

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.

The Buyback aims to:
i) Distribute surplus funds to shareholders and thereby enhance their overall return.
ii) Improve financial ratios like earnings per share, return on capital employed, and return on equity, by reducing the equity base of the Company.

Buyback Timetable

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

 MOIL Ltd.Nucleus Software Exports Ltd.
Record DateDec 31, 2021Nov 27, 2021
Offer Open DateJan 28, 2022Jan 03, 2022
Offer Closure DateFeb 10, 2022Jan 14, 2022
Last date for receipt of tender formsFeb 12, 2022Jan 14, 2022
Finalisation of buybackFeb 18, 2022Jan 20, 2022
Last Date for settlment of bidsFeb 21, 2022Jan 25, 2022
Last Date for extinguishment of sharesFeb 28, 2022Feb 01, 2022

Financial Details and Other Relevent Information

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

 MOIL Ltd.Nucleus Software Exports Ltd.
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 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
Summary of financial Information (Standalone)
Particulars For the year/period ended (Rs. in Millions)
  30-Sep-21 31-March-21 31-March-20 31-March-19
Total Income 2,179.6 4,909.9 5,079.5 4,370.5
Profit After Tax 145.6 1,120.4 1,022.2 756.3
Net Worth 6,394.2 6,469.4 5,418.6 4,701.3
Reserves & Surplus 6,103.8 6,179.0 5,128.2 4,410.9
Stock price at BSE

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 BSE (in preceding 3 months)

Month High Price Low Price Average Price
Oct-2021 611.35 574.05 586.15
Sep-2021 623.00 514.20 583.20
Aug-2021 698.05 514.05 594.63
Stock price at NSE

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

Stock price at NSE (in preceding 3 months)

Month High Price Low Price Average Price
Oct-2021 611.75 574.40 587.17
Sep-2021 623.35 514.15 587.67
Aug-2021 699.00 513.65 599.21

Compare with others

Compare:

MOIL Buyback and Nucleus Software Buyback