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Matrimony.com Buyback vs SMC Global Securities Buyback

Comparision between Matrimony.com Buyback and SMC Global Securities Buyback.

Buyback Details

Matrimony.com Buyback is a Tender Offer buyback proposed to list at BSE while SMC Global Securities Buyback is a Open Market Through Stock Exchange proposed to list at BSE, NSE.

  Matrimony.com Limited SMC Global Securities Ltd
Logo Matrimony.com Buyback Logo SMC Global Securities Buyback Logo
Type of Buyback Tender Offer Open Market Through Stock Exchange
Listing At BSE BSE, NSE
Face Value ₹5 per share ₹2 per share
Buyback Price ₹1150 per share ₹115 per share
Issue Size 6,52,173 shares
Issue Size (Amount) ₹75.00 Crores ₹75.00 Crores
Buyback Ratio
Category Entitlement Ratio of Buyback
Reserved Category for Small Shareholders 6 Equity Share out of every 43 Fully paid-up Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders 41 Equity Shares out of every 793 Fully paid-up Equity Shares held on the Record Date.
Registrar Kfin Technologies Limited Link Intime India Private Ltd
Lead Managers Motilal Oswal Investment Advisors Limited Corporate Professionals Capital Private Ltd
Necessity of the buyback

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 thereby enhancing the overall return to shareholders.

2. The Buyback is generally expected to improve return on equity through distribution of cash and improve earnings per share by reduction in the equity base of the Company, thereby leading to long term increase in shareholders' value.

The buyback aims to utilize the net proceeds towards the following objectives:

  • To improve the return on equity through the distribution of cash.
  • To improve earnings per share by reducing the equity base, thereby leading to a long-term increase in the value of shareholders.
  • The Buyback offer is a strategic decision of the company taken based on the assimilation of the operational cash needs in the medium term and for returning surplus funds to the members effectively and efficiently.

Buyback Timetable

Matrimony.com Buyback and SMC Global Securities Buyback buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. Matrimony.com Buyback Buyback record date is Jul 04, 2022. SMC Global Securities Buyback Buyback record date is .

  Matrimony.com Limited SMC Global Securities Ltd
Record Date Jul 04, 2022
Offer Open Date Jul 26, 2022 May 20, 2022
Offer Closure Date Aug 08, 2022 Aug 16, 2022
Last date for receipt of tender forms Aug 08, 2022
Finalisation of buyback Aug 19, 2022
Last Date for settlment of bids Aug 22, 2022
Last Date for extinguishment of shares Aug 26, 2022

Financial Details and Other Relevent Information

Comparison of Matrimony.com Buyback and SMC Global Securities Buyback financial data. The table below also includes a list of all relevant information like Stock Market Data, Compay Information, Lead Manager and Registrar.

  Matrimony.com Limited SMC Global Securities Ltd
Financial
Summary of financial Information (Consolidated)
Particulars For the year/period ended (Rs. in Million)
  31-Mar-22 31-Mar-21 31-Mar-20
Total Income 4,524.36 3,953.34 3,896.95
Profit After Tax 535.91 407.74 295.35
Net Worth 3,103.53 2,632.97 2,282.41
Summary of financial Information (Consolidated)
Particulars For the year/period ended (Rs. in Lakhs)
  31-Mar-22 31-Mar-21 31-Mar-20
Total Income 1,12,082.08 90,820.11 78,413.45
Profit After Tax 17,456.85 10,501.53 2,386.17
Net Worth 92,610.38 77,270.90 68,141.91
Stock price at BSE

Stock price at BSE (in preceding 3 months)

Month High Price Low Price Average Price
May-2022 797.00 652.80 745.20
Apr-2022 799.00 663.00 728.27
Mar-2022 748.95 660.35 698.07

Stock price at BSE (in preceding 3 months)

Month High Price Low Price Average Price
Apr-2022 86.80 77.75 82.13
Mar-2022 82.30 69.05 75.71
Feb-2022 89.00 68.55 77.98
Stock price at NSE

Stock price at NSE (in preceding 3 months)

Month High Price Low Price Average Price
May-2022 792.25 645.35 745.41
Apr-2022 799.90 663.00 727.37
Mar-2022 738.00 661.00 697.63

Stock price at NSE (in preceding 3 months)

Month High Price Low Price Average Price
Apr-2022 86.40 73.85 82.48
Mar-2022 82.00 69.80 75.45
Feb-2022 88.65 70.05 79.71

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