One 97 Communications Buyback vs VLS Finance Buyback

Comparison between One 97 Communications Buyback and VLS Finance Buyback.

Buyback Details

One 97 Communications Buyback is a Open Market Through Stock Exchange buyback proposed to list at BSE, NSE while VLS Finance Buyback is a Open Market Through Stock Exchange proposed to list at BSE, NSE.

 One 97 Communications Ltd.VLS Finance Ltd.
LogoOne 97 Communications Buyback LogoVLS Finance Buyback Logo
Type of BuybackOpen Market Through Stock ExchangeOpen Market Through Stock Exchange
Listing AtBSE, NSEBSE, NSE
Face Value₹1 per share₹10 per share
Buyback Price₹810 per share₹200 per share
Issue Size
Issue Size (Amount)₹850.00 Crores₹70.00 Crores
Buyback Ratio
RegistrarMUFG Intime India Pvt.Ltd.RCMC Share Registry Pvt.Ltd.
Lead ManagersAxis Capital Ltd.SMC Capitals Ltd.
Necessity of the buyback

The Buyback is being undertaken for the following reasons:

  • The Board believes that this buyback is a sign of confidence thai the Company is on a clear path to deliver cash flow profitability, and this buy-back will not have any impact on growth plans in the near future or on its profitability plans.

The Buy-Back is expected to achieve the following objectives:

  1. optimize returns to shareholders
  2. enhance overall shareholders' value
  3. optimize the capital structure

Buyback Timetable

One 97 Communications Buyback and VLS Finance Buyback buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. One 97 Communications Buyback Buyback record date is . VLS Finance Buyback Buyback record date is .

 One 97 Communications Ltd.VLS Finance Ltd.
Record Date
Offer Open DateDec 21, 2022Jan 16, 2023
Offer Closure DateFeb 13, 2023May 29, 2023
Last date for receipt of tender forms
Finalisation of buyback
Last Date for settlment of bids
Last Date for extinguishment of shares

Financial Details and Other Relevent Information

Comparison of One 97 Communications Buyback and VLS Finance Buyback financial data. The table below also includes a list of all relevant information like Stock Market Data, Compay Information, Lead Manager and Registrar.

 One 97 Communications Ltd.VLS Finance Ltd.
Financial
One 97 Communications Limited Financial Information (Consolidated)
Period EndedTotal RevenueProfit After TaxNet WorthTotal Borrowing
07-Apr-203540.7-2842.48105.2208.7
31-Mar-213186.8-17016534.8544.9
31-Mar-225264.3-2396.414151.60.1
Amount in ₹ Crore
VLS Finance Limited Financial Information (Consolidated)
Period EndedTotal AssetsTotal RevenueProfit After Tax
31-Mar-211629.17214.64215.82
31-Mar-222008.42286.29254.39
Amount in ₹ Crore
Stock price at BSE

Stock price at BSE (in preceding 3 months)

Month High Price Low Price Average Price
Nov-2022 668.45 439.60 565.94
Oct-2022 745.00 624.65 668.99
Sep-2022 747.75 627.60 698.33

Stock price at BSE (in preceding 3 months)

Month High Price Low Price Average Price
Dec-2022 143.30 120.50 134.75
Nov-2022 152.90 131.85 136.17
Oct-2022 142.00 115.00 133.93
Stock price at NSE

Stock price at NSE (in preceding 3 months)

Month High Price Low Price Average Price
Nov-2022 668.40 438.35 565.98
Oct-2022 745.45 625.00 668.92
Sep-2022 748.00 629.55 698.32

Stock price at NSE (in preceding 3 months)

Month High Price Low Price Average Price
Dec-2022 143.90 120.50 134.64
Nov-2022 151.80 130.00 136.21
Oct-2022 147.85 128.90 133.75

Compare with others

Compare:

One 97 Communications Buyback and VLS Finance Buyback