Motilal Oswal Financial Services Buyback vs Sarda Energy & Minerals Buyback

Comparison between Motilal Oswal Financial Services Buyback and Sarda Energy & Minerals Buyback.

Buyback Details

Motilal Oswal Financial Services Buyback is a Tender Offer buyback proposed to list at BSE, NSE while Sarda Energy & Minerals Buyback is a Tender Offer proposed to list at BSE, NSE.

 Motilal Oswal Financial Services Ltd.Sarda Energy & Minerals Ltd.
LogoMotilal Oswal Financial Services Buyback LogoSarda Energy & Minerals Buyback Logo
Type of BuybackTender OfferTender Offer
Listing AtBSE, NSEBSE, NSE
Face Value₹1 per share₹10 per share
Buyback Price₹1100 per share₹1500 per share
Issue Size14,54,545 shares8,11,108 shares
Issue Size (Amount)₹160.00 Crores₹121.67 Crores
Buyback Ratio
Category Entitlement Ratio of Buyback
Reserved Category for Small Shareholders 7 Equity Share out of every 76 Fully paid-up Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders 3 Equity Shares out of every 356 Fully paid-up Equity Shares held on the Record Date.
Category Entitlement Ratio of Buyback
Reserved Category for Small Shareholders 101 Equity Share out of every 823 Fully paid-up Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders 6 Equity Share out of every 299 Fully paid-up Equity Shares held on the Record Date.
RegistrarMUFG Intime India Pvt.Ltd.Bigshare Services Pvt.Ltd.
Lead ManagersErnst & Young Merchant Banking Services LLPHem Securities Ltd.
Necessity of the buyback

The buyback is being undertaken for the following reasons:

  • The Buyback will 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 the shareholders.
  • The Buyback will help the Company to optimise the capital structure.
  • The Buyback would help in improving financial ratios like earnings per share, return on capital employed and return on equity, by reducing the equity base of the Company.

The buyback is being undertaken for the following reasons:

1. The Buyback will help the company to distribute surplus cash to its shareholders holding Equity shares broadly to the proportion of their shareholding, thereby, enhancing the overall return to shareholders.

2. The Buyback would help in improving financial ratios like earnings per share and return on equity, by reducing the equity base of the company.

Buyback Timetable

Motilal Oswal Financial Services Buyback and Sarda Energy & Minerals Buyback buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. Motilal Oswal Financial Services Buyback Buyback record date is May 27, 2022. Sarda Energy & Minerals Buyback Buyback record date is May 06, 2022.

 Motilal Oswal Financial Services Ltd.Sarda Energy & Minerals Ltd.
Record DateMay 27, 2022May 06, 2022
Offer Open DateJun 24, 2022Jun 02, 2022
Offer Closure DateJul 07, 2022Jun 15, 2022
Last date for receipt of tender formsJul 11, 2022Jun 15, 2022
Finalisation of buybackJul 15, 2022Jun 24, 2022
Last Date for settlment of bidsJul 18, 2022Jun 27, 2022
Last Date for extinguishment of sharesJul 25, 2022Jul 04, 2022

Financial Details and Other Relevent Information

Comparison of Motilal Oswal Financial Services Buyback and Sarda Energy & Minerals Buyback financial data. The table below also includes a list of all relevant information like Stock Market Data, Compay Information, Lead Manager and Registrar.

 Motilal Oswal Financial Services Ltd.Sarda Energy & Minerals Ltd.
Financial
Summary of financial Information (Consolidated)
Particulars For the year/period ended (Rs. in Lakh)
  31-Mar-22 31-Mar-21 31-Mar-20
Total Income 4,31,982.51 3,63,411.26 2,36,541
Profit After Tax 1,31,071.50 1,20,294.80 21,539.59
Net Worth 5,67,463.20 4,46,345.60 3,08,188.54
Summary of financial Information (standalone)
Particulars For the year/period ended (Rs. in Crores)
  31-Dec-21 31-Mar-21 31-Mar-20 31-Mar-19
Total Income 2,871.85 2,343.27 1983.22 2340.74
Profit After Tax 603.52 376.42 135.54 207.13
Net Worth 2,789.34 2221.25 1867.39 1743.43
Reserves and Surplus 2,753.29 2185.20 1831.34 1707.38
Stock price at BSE

Stock price at BSE (in preceding 3 months)

Month High Price Low Price Average Price
Apr-2022 960.00 858.70 902.42
Mar-2022 949.75 806.35 864.35
Feb-2022 959.55 823.25 903.33

Stock price at BSE (in preceding 3 months)

Month High Price Low Price Average Price
Mar-2022 1195.60 847.70 1058.66
Feb-2022 959.45 730.00 843.03
Jan-2022 875.00 758.00 807.21
Stock price at NSE

Stock price at NSE (in preceding 3 months)

Month High Price Low Price Average Price
Apr-2022 960.00 858.05 903.04
Mar-2022 948.70 805.60 864.20
Feb-2022 959.85 824.00 903.49

Stock price at NSE (in preceding 3 months)

Month High Price Low Price Average Price
Mar-2022 1197.60 845.05 1059.86
Feb-2022 960.00 727.05 843.90
Jan-2022 877.00 756.80 807.47

Compare with others

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Motilal Oswal Financial Services Buyback and Sarda Energy & Minerals Buyback