Comparison between Motilal Oswal Financial Services Buyback and Sinclairs Hotels Buyback.
Motilal Oswal Financial Services Buyback is a Tender Offer buyback proposed to list at BSE, NSE while Sinclairs Hotels Buyback is a Tender Offer proposed to list at BSE.
| Motilal Oswal Financial Services Ltd. | Sinclairs Hotels Ltd. | |||||||
|---|---|---|---|---|---|---|---|---|
| Logo |  |  | ||||||
| Type of Buyback | Tender Offer | Tender Offer | ||||||
| Listing At | BSE, NSE | BSE | ||||||
| Face Value | ₹1 per share | ₹2 per share | ||||||
| Buyback Price | ₹1100 per share | ₹143 per share | ||||||
| Issue Size | 14,54,545 shares | 7,00,000 shares | ||||||
| Issue Size (Amount) | ₹160.00 Crores | ₹10.01 Crores | ||||||
| Buyback Ratio |
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| Registrar | MUFG Intime India Pvt.Ltd. | Niche Technologies Pvt.Ltd. | ||||||
| Lead Managers | Ernst & Young Merchant Banking Services LLP | |||||||
| Necessity of the buyback | The buyback is being undertaken for the following reasons:
| The buyback is being undertaken for the following reason: 1. The Buyback will help the Company to return surplus cash to its shareholders holding equity shares broadly in proportion to their shareholding, thereby, enhancing the overall return to shareholders. 2. The Buyback would help in improving return on equity, by the reduction in the equity base, thereby leading to a long term increase in shareholders' value. |
Motilal Oswal Financial Services Buyback and Sinclairs Hotels 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. Sinclairs Hotels Buyback Buyback record date is May 13, 2022.
| Motilal Oswal Financial Services Ltd. | Sinclairs Hotels Ltd. | |
|---|---|---|
| Record Date | May 27, 2022 | May 13, 2022 |
| Offer Open Date | Jun 24, 2022 | Jun 03, 2022 |
| Offer Closure Date | Jul 07, 2022 | Jun 16, 2022 |
| Last date for receipt of tender forms | Jul 11, 2022 | |
| Finalisation of buyback | Jul 15, 2022 | |
| Last Date for settlment of bids | Jul 18, 2022 | |
| Last Date for extinguishment of shares | Jul 25, 2022 |
Comparison of Motilal Oswal Financial Services Buyback and Sinclairs Hotels Buyback financial data. The table below also includes a list of all relevant information like Stock Market Data, Compay Information, Lead Manager and Registrar.
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| Stock price at BSE | Stock price at BSE (in preceding 3 months)
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| Stock price at NSE | Stock price at NSE (in preceding 3 months)
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