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Rsystems Buyback vs Tanla Platforms Buyback

Comparision between Rsystems Buyback and Tanla Platforms Buyback.

Buyback Details

Rsystems Buyback is a Tender Offer buyback proposed to list at BSE, NSE while Tanla Platforms Buyback is a Open Market Through Stock Exchange proposed to list at BSE, NSE.

  R Systems International Limited Tanla Platforms Limited
Logo Rsystems Buyback Logo Tanla Platforms Buyback Logo
Type of Buyback Tender Offer Open Market Through Stock Exchange
Listing At BSE, NSE BSE, NSE
Face Value ₹1 per share ₹1 per share
Buyback Price ₹225 per share ₹1260 per share
Issue Size 13,33,000 shares
Issue Size (Amount) ₹29.99 Crores ₹65.00 Crores
Buyback Ratio
Category Entitlement Ratio of Buyback
Reserved Category for Small Shareholders 1 Equity Shares out of every 14 fully paid-up Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders 1 Equity Shares out of every 103 fully paid-up Equity Shares held on the Record Date.
Registrar Link Intime India Private Ltd Kfin Technologies Limited
Lead Managers Motilal Oswal Investment Advisors Limited Hdfc Bank Limited
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.
ii) 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) Return surplus cash to the shareholders.
ii) Improve Return on Equity and Earnings per share and thereby enhance shareholder value in the long term.

Buyback Timetable

Rsystems Buyback and Tanla Platforms Buyback buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. Rsystems Buyback Buyback record date is Aug 27, 2021. Tanla Platforms Buyback Buyback record date is .

  R Systems International Limited Tanla Platforms Limited
Record Date Aug 27, 2021
Offer Open Date Sep 20, 2021 Jul 29, 2021
Offer Closure Date Oct 01, 2021 Jan 28, 2022
Last date for receipt of tender forms Oct 01, 2021
Finalisation of buyback Oct 11, 2021
Last Date for settlment of bids Oct 12, 2021
Last Date for extinguishment of shares Oct 19, 2021

Financial Details and Other Relevent Information

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

  R Systems International Limited Tanla Platforms Limited
Financial
Summary of financial Information (standalone)
Particulars For the year/period ended (Rs. in Millions)
31-Dec-20 31-Dec-19
Total Income 4,513.08 4,064.40
Profit After Tax 697.07 514.95
Net Worth 3,428.91 2,746.92
Reserves and Surplus 3,309.27 2,627.32
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 9,226.96 10,695.06 8,189.69
Profit After Tax 1,585.59 (1,989.21) 170.75
Net Worth 6,664.69 6,690.60 6,997.15
Reserves and Surplus 6,528.66 6,544.63 6,881.51
Stock price at BSE

Stock price at BSE (in preceding 3 months)

Month High Price Low Price Average Price
Jul-2021 211.45 147.25 171.82
Jun-2021 167.00 130.00 143.13
May-2021 156.85 114.60 134.09

Stock price at BSE (in preceding 3 months)

Month High Price Low Price Average Price
Jun-2021 927.00 735.00 834.80
May-2021 968.00 852.55 882.09
Apr-2021 986.65 821.55 906.72
Stock price at NSE

Stock price at NSE (in preceding 3 months)

Month High Price Low Price Average Price
Jul-2021 211.95 150.55 171.66
Jun-2021 167.00 130.45 143.06
May-2021 155.00 113.15 133.90

Stock price at NSE (in preceding 3 months)

Month High Price Low Price Average Price
Jun-2021 927.70 735.00 835.30
May-2021 968.80 852.90 882.67
Apr-2021 985.55 821.60 905.63

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