Goldiam International Buyback vs MPS Buyback

Comparision between Goldiam International Buyback and MPS Buyback.

Buyback Details

Goldiam International Buyback is a Tender Offer buyback proposed to list at BSE, NSE while MPS Buyback is a Tender Offer proposed to list at BSE, NSE.

Goldiam International Limited

MPS Limited

Logo

Type of Buyback

Tender Offer

Listing At

BSE, NSE

Face Value

₹10 per share

Buyback Price

₹1200 per share

₹900 per share

Issue Size

3,80,000 shares

9,44,444 shares

Issue Size (Amount)

₹45.60 Crores

₹85.00 Crores

Buyback Ratio

Category	Entitlement Ratio of Buyback
Reserved Category for Small Shareholders	20 Equity Shares out of every 313 fully paid-up Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders	9 Equity Shares out of every 593 fully paid-up Equity Shares held on the Record Date.

Category	Entitlement Ratio of Buyback
Reserved Category for Small Shareholders	15 Equity Shares out of every 82 Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders	2 Equity Shares out of every 43 Equity Shares held on the Record Date.

Registrar

Link Intime India Private Ltd

Cameo Corporate Services Limited

Lead Managers

Keynote Financial Services Ltd

Ernst & Young Merchant Banking Services Llp

Necessity of the buyback

The Buyback aims to:
i) 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 shareholders.
iii) in improving financial ratios like earnings per share and return on equity, by reducing the equity base of the Company.

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

Goldiam International Buyback and MPS Buyback buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. Goldiam International Buyback Buyback record date is Oct 27, 2021. MPS Buyback Buyback record date is Dec 17, 2021.

	Goldiam International Limited	MPS Limited
Record Date	Oct 27, 2021	Dec 17, 2021
Offer Open Date	Nov 26, 2021	Jan 14, 2022
Offer Closure Date	Dec 09, 2021	Jan 28, 2022
Last date for receipt of tender forms	Dec 09, 2021	Jan 31, 2022
Finalisation of buyback	Dec 17, 2021	Feb 08, 2022
Last Date for settlment of bids	Dec 20, 2021	Feb 08, 2022
Last Date for extinguishment of shares	Dec 27, 2021	Feb 15, 2022

Financial Details and Other Relevent Information

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

Goldiam International Limited

MPS Limited

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	2,335.92	1,728.06	1,806.41
Profit After Tax	305.13	190.42	195.79

Summary of financial Information Consolidated)
Particulars	For the year/period ended (Rs. in Millions)
	31-Mar-21	31-Mar-20	31-Mar-19
Total Income	4,324.2	3,516.3	3,878.0
Profit After Tax	585.6	598.6	760.4
Net Worth	3,747.5	3,583.8	4,695.0

Stock price at BSE

Stock price at BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Sep-2021	1074.00	710.80	861.61
Aug-2021	790.00	584.30	690.16
Jul-2021	620.00	441.00	554.36

Stock price at BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Nov-2021	746.30	674.45	709.27
Oct-2021	745.00	658.30	691.44
Sep-2021	734.00	657.50	695.77

Stock price at NSE

Stock price at NSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Sep-2021	1075.00	712.90	861.47
Aug-2021	789.00	595.00	690.09
Jul-2021	617.00	441.00	554.57

Stock price at NSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Nov-2021	779.00	675.35	709.71
Oct-2021	746.60	636.05	691.20
Sep-2021	730.00	662.00	696.11

Compare with others

Goldiam International Limited	MPS Limited
MOIL Buyback	Great Eastern Shipping Buyback
MPS Buyback	Ajanta Pharma Buyback
AksharChem India Buyback	Cheviot Company Buyback
S H Kelkar Buyback	Weizmann Buyback
Nucleus Software Buyback	MOIL Buyback
eClerx Services Limited Buyback	AksharChem India Buyback
Rishiroop Limited Buyback	S H Kelkar Buyback
Mahalaxmi Rubtech Buyback	Nucleus Software Buyback
Star Cement Buyback	Goldiam International Buyback
Gandhi Special Tubes Limited Buyback	eClerx Services Limited Buyback

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