Motilal Oswal Financial Services Buyback vs Zydus Lifesciences Buyback

Comparision between Motilal Oswal Financial Services Buyback and Zydus Lifesciences Buyback.

Buyback Details

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

Motilal Oswal Financial Services Limited

Zydus Lifesciences Limited

Logo

Type of Buyback

Tender Offer

Listing At

BSE, NSE

Face Value

₹1 per share

Buyback Price

₹1100 per share

₹650 per share

Issue Size

14,54,545 shares

1,15,38,461 shares

Issue Size (Amount)

₹160.00 Crores

₹750.00 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	26 Equity Share out of every 503 Fully paid-up Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders	1 Equity Shares out of every 101 Fully paid-up Equity Shares held on the Record Date.

Registrar

Link Intime India Private Ltd

Lead Managers

Ernst & Young Merchant Banking Services Llp

ICICI 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 reason:

1. The Buyback will help the Company to distribute a part of the surplus cash to its shareholders holding Equity Shares thereby, optimizing returns to the shareholders and enhancing the overall shareholders' value in longer term and improving the return on equity.

Buyback Timetable

Motilal Oswal Financial Services Buyback and Zydus Lifesciences 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. Zydus Lifesciences Buyback Buyback record date is Jun 02, 2022.

	Motilal Oswal Financial Services Limited	Zydus Lifesciences Limited
Record Date	May 27, 2022	Jun 02, 2022
Offer Open Date	Jun 24, 2022	Jun 23, 2022
Offer Closure Date	Jul 07, 2022	Jul 06, 2022
Last date for receipt of tender forms	Jul 11, 2022	Jul 06, 2022
Finalisation of buyback	Jul 15, 2022	Jul 14, 2022
Last Date for settlment of bids	Jul 18, 2022	Jul 15, 2022
Last Date for extinguishment of shares	Jul 25, 2022	Jul 22, 2022

Financial Details and Other Relevent Information

Comparison of Motilal Oswal Financial Services Buyback and Zydus Lifesciences 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

Zydus Lifesciences 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 (Consolidated)
Particulars	For the year/period ended (Rs. in Million)
	31-Mar-22	31-Mar-21	31-Mar-20
Total Income	1,54,899	1,51,394	1,43,670
Profit After Tax	23,726	21,850	12,044
Net Worth	1,69,996	1,29,923	1,03,757

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
Apr-2022	376.60	337.70	359.37
Mar-2022	379.00	331.00	359.62
Feb-2022	420.50	343.00	385.95

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
Apr-2022	376.70	337.55	359.43
Mar-2022	378.60	331.55	359.63
Feb-2022	420.55	342.85	385.99

Compare with others

Motilal Oswal Financial Services Limited	Zydus Lifesciences Limited
Birlasoft Limited Buyback	Route Mobile Buyback
CL Educate Buyback	Avonmore Capital Buyback
Cigniti Technologies Buyback	Birlasoft Limited Buyback
Zydus Lifesciences Buyback	CL Educate Buyback
Asahi Songwon Colors Buyback	Cigniti Technologies Buyback
Matrimony.com Buyback	Asahi Songwon Colors Buyback
SMC Global Securities Buyback	Motilal Oswal Financial Services Buyback
IndiaMART InterMESH Buyback	Matrimony.com Buyback
Sinclairs Hotels Buyback	SMC Global Securities Buyback
Sarda Energy & Minerals Buyback	IndiaMART InterMESH Buyback

Comments

Add a public comment...