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MOIL Buyback vs Weizmann Buyback

Comparison between MOIL Buyback and Weizmann Buyback.

Buyback Details

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

 MOIL Ltd.Weizmann Ltd.
LogoMOIL Buyback LogoWeizmann Buyback Logo
Type of BuybackTender OfferTender Offer
Listing AtBSE, NSEBSE, NSE
Face Value₹10 per share₹10 per share
Buyback Price₹205 per share₹60 per share
Issue Size3,38,42,668 shares14,12,515 shares
Issue Size (Amount)₹693.77 Crores₹8.48 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 35 Equity Shares out of every 284 shares held on the record date.
General Category for all other Eligible Shareholders 43 Equity Shares out of every 557 shares held on the record date.
RegistrarBigshare Services Pvt.Ltd.Bigshare Services Pvt.Ltd.
Lead ManagersIDBI Capital Markets & Securities Ltd.Keynote Financial Services 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 (EPS), Return on assets (ROA) and Return on Equity (ROE).

Buyback Timetable

MOIL Buyback and Weizmann 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. Weizmann Buyback Buyback record date is Dec 10, 2021.

 MOIL Ltd.Weizmann Ltd.
Record DateDec 31, 2021Dec 10, 2021
Offer Open DateJan 28, 2022Jan 13, 2022
Offer Closure DateFeb 10, 2022Jan 27, 2022
Last date for receipt of tender formsFeb 12, 2022Jan 27, 2022
Finalisation of buybackFeb 18, 2022Feb 04, 2022
Last Date for settlment of bidsFeb 21, 2022Feb 07, 2022
Last Date for extinguishment of sharesFeb 28, 2022Feb 14, 2022

Financial Details and Other Relevent Information

Comparison of MOIL Buyback and Weizmann 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.Weizmann 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 Consolidated)
Particulars For the year/period ended (Rs. in Millions)
  30-Sep-21 31-Mar-21 31-Mar-20 31-Mar-19
Total Income 464.21 982.82 964.82 1,066.67
Profit After Tax -0.89 49.22 43.20 85.69
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
Nov-2021 55.70 50.50 52.86
Oct-2021 65.00 45.75 54.26
Sep-2021 51.65 46.00 47.95
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
Nov-2021 55.50 50.60 52.90
Oct-2021 64.40 46.10 54.10
Sep-2021 50.85 45.40 47.89

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Compare:

MOIL Buyback and Weizmann Buyback