Motilal Oswal Financial Services Buyback vs SMC Global Securities Buyback

Comparision between Motilal Oswal Financial Services Buyback and SMC Global Securities Buyback.

Buyback Details

Motilal Oswal Financial Services Buyback is a Tender Offer buyback proposed to list at BSE, NSE while SMC Global Securities Buyback is a Open Market Through Stock Exchange proposed to list at BSE, NSE.

Motilal Oswal Financial Services Limited

SMC Global Securities Ltd

Logo

Type of Buyback

Tender Offer

Open Market Through Stock Exchange

Listing At

BSE, NSE

Face Value

₹1 per share

₹2 per share

Buyback Price

₹1100 per share

₹115 per share

Issue Size

14,54,545 shares

Issue Size (Amount)

₹160.00 Crores

₹75.00 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.

Registrar

Link Intime India Private Ltd

Lead Managers

Ernst & Young Merchant Banking Services Llp

Corporate Professionals Capital Private 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 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

Motilal Oswal Financial Services 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. Motilal Oswal Financial Services Buyback Buyback record date is May 27, 2022. SMC Global Securities Buyback Buyback record date is .

	Motilal Oswal Financial Services Limited	SMC Global Securities Ltd
Record Date	May 27, 2022
Offer Open Date	Jun 24, 2022	May 20, 2022
Offer Closure Date	Jul 07, 2022	Aug 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

Financial Details and Other Relevent Information

Comparison of Motilal Oswal Financial Services 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.

Motilal Oswal Financial Services Limited

SMC Global Securities 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 (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
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
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
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
Apr-2022	86.40	73.85	82.48
Mar-2022	82.00	69.80	75.45
Feb-2022	88.65	70.05	79.71

Compare with others

Motilal Oswal Financial Services Limited	SMC Global Securities Ltd
Birlasoft Limited Buyback	Cigniti Technologies Buyback
CL Educate Buyback	Zydus Lifesciences Buyback
Cigniti Technologies Buyback	Asahi Songwon Colors Buyback
Zydus Lifesciences Buyback	Motilal Oswal Financial Services Buyback
Asahi Songwon Colors Buyback	Matrimony.com Buyback
Matrimony.com Buyback	IndiaMART InterMESH Buyback
SMC Global Securities Buyback	Sinclairs Hotels Buyback
IndiaMART InterMESH Buyback	Sarda Energy & Minerals Buyback
Sinclairs Hotels Buyback	UPL Limited Buyback 2022
Sarda Energy & Minerals Buyback	GAIL (India) Buyback

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