MOIL Buyback vs MPS Buyback

Comparision between MOIL Buyback and MPS Buyback.

Buyback Details

MOIL 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.

MOIL Limited

MPS Limited

Logo

Type of Buyback

Tender Offer

Listing At

BSE, NSE

Face Value

₹10 per share

Buyback Price

₹205 per share

₹900 per share

Issue Size

3,38,42,668 shares

9,44,444 shares

Issue Size (Amount)

₹693.77 Crores

₹85.00 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	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

Bigshare Services Pvt Ltd

Cameo Corporate Services Limited

Lead Managers

Idbi Capital Market Services Limited

Ernst & Young Merchant Banking Services Llp

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, return on capital employed, and return on equity, by reducing the equity base of the Company.

Buyback Timetable

MOIL Buyback and MPS 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. MPS Buyback Buyback record date is Dec 17, 2021.

	MOIL Limited	MPS Limited
Record Date	Dec 31, 2021	Dec 17, 2021
Offer Open Date	Jan 28, 2022	Jan 14, 2022
Offer Closure Date	Feb 10, 2022	Jan 28, 2022
Last date for receipt of tender forms	Feb 12, 2022	Jan 31, 2022
Finalisation of buyback	Feb 18, 2022	Feb 08, 2022
Last Date for settlment of bids	Feb 21, 2022	Feb 08, 2022
Last Date for extinguishment of shares	Feb 28, 2022	Feb 15, 2022

Financial Details and Other Relevent Information

Comparison of MOIL 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.

MOIL 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	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)
	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
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	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
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	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

MOIL Limited	MPS Limited
James Warren Tea Buyback	Great Eastern Shipping Buyback
Great Eastern Shipping Buyback	Ajanta Pharma Buyback
Ajanta Pharma Buyback	Cheviot Company Buyback
Cheviot Company Buyback	Weizmann Buyback
Weizmann Buyback	MOIL Buyback
MPS Buyback	AksharChem India Buyback
AksharChem India Buyback	S H Kelkar Buyback
S H Kelkar Buyback	Nucleus Software Buyback
Nucleus Software Buyback	Goldiam International Buyback
Goldiam International Buyback	eClerx Services Limited Buyback

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