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Matrimony.com Buyback vs Motilal Oswal Financial Services Buyback

Comparision between Matrimony.com Buyback and Motilal Oswal Financial Services Buyback.

Buyback Details

Matrimony.com Buyback is a Tender Offer buyback proposed to list at BSE while Motilal Oswal Financial Services Buyback is a Tender Offer proposed to list at BSE, NSE.

  Matrimony.com Limited Motilal Oswal Financial Services Limited
Logo Matrimony.com Buyback Logo Motilal Oswal Financial Services 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 ₹1100 per share
Issue Size 6,52,173 shares 14,54,545 shares
Issue Size (Amount) ₹75.00 Crores ₹160.00 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 7 Equity Share out of every 76 Fully paid-up Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders 3 Equity Shares out of every 356 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 Ernst & Young Merchant Banking Services Llp
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 reasons:

  • The Buyback will 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 the shareholders.
  • The Buyback will help the Company to optimise the capital structure.
  • The Buyback would help in improving financial ratios like earnings per share, return on capital employed and return on equity, by reducing the equity base of the Company.

Buyback Timetable

Matrimony.com Buyback and Motilal Oswal Financial Services 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. Motilal Oswal Financial Services Buyback Buyback record date is May 27, 2022.

  Matrimony.com Limited Motilal Oswal Financial Services Limited
Record Date Jul 04, 2022 May 27, 2022
Offer Open Date Jul 26, 2022 Jun 24, 2022
Offer Closure Date Aug 08, 2022 Jul 07, 2022
Last date for receipt of tender forms Aug 08, 2022 Jul 11, 2022
Finalisation of buyback Aug 19, 2022 Jul 15, 2022
Last Date for settlment of bids Aug 22, 2022 Jul 18, 2022
Last Date for extinguishment of shares Aug 26, 2022 Jul 25, 2022

Financial Details and Other Relevent Information

Comparison of Matrimony.com Buyback and Motilal Oswal Financial Services 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 Motilal Oswal Financial Services 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 Lakh)
  31-Mar-22 31-Mar-21 31-Mar-20
Total Income 4,31,982.51 3,63,411.26 2,36,541
Profit After Tax 1,31,071.50 1,20,294.80 21,539.59
Net Worth 5,67,463.20 4,46,345.60 3,08,188.54
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 960.00 858.70 902.42
Mar-2022 949.75 806.35 864.35
Feb-2022 959.55 823.25 903.33
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 960.00 858.05 903.04
Mar-2022 948.70 805.60 864.20
Feb-2022 959.85 824.00 903.49

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