MPS Buyback vs Weizmann Buyback

Comparision between MPS Buyback and Weizmann Buyback.

Buyback Details

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

MPS Limited

Weizmann Limited

Logo

Type of Buyback

Tender Offer

Listing At

BSE, NSE

Face Value

₹10 per share

Buyback Price

₹900 per share

₹60 per share

Issue Size

9,44,444 shares

14,12,515 shares

Issue Size (Amount)

₹85.00 Crores

₹8.48 Crores

Buyback Ratio

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.

Category	Entitlement Ratio of Buyback
Reserved Category for Small Shareholders	35 Equity Shares out of every 284 shares held on the record date.
General Category for all other Eligible Shareholders	43 Equity Shares out of every 557 shares held on the record date.

Registrar

Cameo Corporate Services Limited

Bigshare Services Pvt Ltd

Lead Managers

Ernst & Young Merchant Banking Services Llp

Keynote Financial Services Ltd

Necessity of the buyback

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.

The Buyback aims to :
i) Distribute surplus funds to shareholders and thereby enhance their overall return.
ii) Improve financial ratios like Earnings per share (EPS), Return on assets (ROA) and Return on Equity (ROE).

Buyback Timetable

MPS Buyback and Weizmann Buyback buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. MPS Buyback Buyback record date is Dec 17, 2021. Weizmann Buyback Buyback record date is Dec 10, 2021.

	MPS Limited	Weizmann Limited
Record Date	Dec 17, 2021	Dec 10, 2021
Offer Open Date	Jan 14, 2022	Jan 13, 2022
Offer Closure Date	Jan 28, 2022	Jan 27, 2022
Last date for receipt of tender forms	Jan 31, 2022	Jan 27, 2022
Finalisation of buyback	Feb 08, 2022	Feb 04, 2022
Last Date for settlment of bids	Feb 08, 2022	Feb 07, 2022
Last Date for extinguishment of shares	Feb 15, 2022	Feb 14, 2022

Financial Details and Other Relevent Information

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

MPS Limited

Weizmann Limited

Financial

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

Summary of financial Information Consolidated)
Particulars	For the year/period ended (Rs. in Millions)
	30-Sep-21	31-Mar-21	31-Mar-20	31-Mar-19
Total Income	464.21	982.82	964.82	1,066.67
Profit After Tax	-0.89	49.22	43.20	85.69

Stock price at BSE

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 BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Nov-2021	55.70	50.50	52.86
Oct-2021	65.00	45.75	54.26
Sep-2021	51.65	46.00	47.95

Stock price at NSE

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

Stock price at NSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Nov-2021	55.50	50.60	52.90
Oct-2021	64.40	46.10	54.10
Sep-2021	50.85	45.40	47.89

Compare with others

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

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