Motilal Oswal Financial Services Buyback vs Sarda Energy & Minerals Buyback

Comparision between Motilal Oswal Financial Services Buyback and Sarda Energy & Minerals Buyback.

Buyback Details

Motilal Oswal Financial Services Buyback is a Tender Offer buyback proposed to list at BSE, NSE while Sarda Energy & Minerals Buyback is a Tender Offer proposed to list at BSE, NSE.

Motilal Oswal Financial Services Limited

Sarda Energy & Minerals Limited

Logo

Type of Buyback

Tender Offer

Listing At

BSE, NSE

Face Value

₹1 per share

₹10 per share

Buyback Price

₹1100 per share

₹1500 per share

Issue Size

14,54,545 shares

8,11,108 shares

Issue Size (Amount)

₹160.00 Crores

₹121.67 Crores

Buyback Ratio

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.

Category	Entitlement Ratio of Buyback
Reserved Category for Small Shareholders	101 Equity Share out of every 823 Fully paid-up Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders	6 Equity Share out of every 299 Fully paid-up Equity Shares held on the Record Date.

Registrar

Link Intime India Private Ltd

Bigshare Services Pvt Ltd

Lead Managers

Ernst & Young Merchant Banking Services Llp

Hem Securities Limited

Necessity of the buyback

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.

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 broadly to the proportion of their shareholding, thereby, enhancing the overall return to shareholders.

2. The Buyback would help in improving financial ratios like earnings per share and return on equity, by reducing the equity base of the company.

Buyback Timetable

Motilal Oswal Financial Services Buyback and Sarda Energy & Minerals Buyback buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. Motilal Oswal Financial Services Buyback Buyback record date is May 27, 2022. Sarda Energy & Minerals Buyback Buyback record date is May 06, 2022.

	Motilal Oswal Financial Services Limited	Sarda Energy & Minerals Limited
Record Date	May 27, 2022	May 06, 2022
Offer Open Date	Jun 24, 2022	Jun 02, 2022
Offer Closure Date	Jul 07, 2022	Jun 15, 2022
Last date for receipt of tender forms	Jul 11, 2022	Jun 15, 2022
Finalisation of buyback	Jul 15, 2022	Jun 24, 2022
Last Date for settlment of bids	Jul 18, 2022	Jun 27, 2022
Last Date for extinguishment of shares	Jul 25, 2022	Jul 04, 2022

Financial Details and Other Relevent Information

Comparison of Motilal Oswal Financial Services Buyback and Sarda Energy & Minerals Buyback financial data. The table below also includes a list of all relevant information like Stock Market Data, Compay Information, Lead Manager and Registrar.

Motilal Oswal Financial Services Limited

Sarda Energy & Minerals Limited

Financial

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

Summary of financial Information (standalone)
Particulars	For the year/period ended (Rs. in Crores)
	31-Dec-21	31-Mar-21	31-Mar-20	31-Mar-19
Total Income	2,871.85	2,343.27	1983.22	2340.74
Profit After Tax	603.52	376.42	135.54	207.13
Net Worth	2,789.34	2221.25	1867.39	1743.43
Reserves and Surplus	2,753.29	2185.20	1831.34	1707.38

Stock price at BSE

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 BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Mar-2022	1195.60	847.70	1058.66
Feb-2022	959.45	730.00	843.03
Jan-2022	875.00	758.00	807.21

Stock price at NSE

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

Stock price at NSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Mar-2022	1197.60	845.05	1059.86
Feb-2022	960.00	727.05	843.90
Jan-2022	877.00	756.80	807.47

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Motilal Oswal Financial Services Limited	Sarda Energy & Minerals Limited
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SMC Global Securities Buyback	GAIL (India) Buyback
IndiaMART InterMESH Buyback	Filatex India Buyback
Sinclairs Hotels Buyback	Atul Limited Buyback
Sarda Energy & Minerals Buyback	Pennar Industries Buyback

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