Comparison between Sportking India Buyback 2023 and VRL Logistics Buyback 2023.
Sportking India Buyback 2023 is a Tender Offer buyback proposed to list at BSE, NSE while VRL Logistics Buyback 2023 is a Tender Offer proposed to list at BSE, NSE.
| Sportking India Ltd | VRL Logistics Ltd. | |||||||||||||||||||
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| Type of Buyback | Tender Offer | Tender Offer | ||||||||||||||||||
| Listing At | BSE, NSE | BSE, NSE | ||||||||||||||||||
| Face Value | ₹10 per share | ₹10 per share | ||||||||||||||||||
| Buyback Price | ₹950 per share | ₹700 per share | ||||||||||||||||||
| Issue Size | 5,80,000 shares | 8,75,000 shares | ||||||||||||||||||
| Issue Size (Amount) | ₹55.10 Crores | ₹61.25 Crores | ||||||||||||||||||
| Buyback Ratio |
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| Registrar | Beetal Financial & Computer Services Pvt.Ltd. | Kfin Technologies Ltd. | ||||||||||||||||||
| Lead Managers | Master Capital Services Ltd. | Motilal Oswal Investment Advisors Ltd. | ||||||||||||||||||
| Necessity of the buyback | The Buyback offers the following advantages: a) The Buyback will help the Company to distribute surplus cash to its shareholders in proportion to their shareholding. b) The Buyback may help in improving financial ratios such as Earnings per share, Return on equity, by reducing the equity base of the Company. It will also lead to long term increase in shareholder's value. | The Buyback offers the following advantages: a) 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. b) The Buyback may help in improving its return on equity, by reduction in the equity base, thereby leading to long term increase in shareholders' value. |
Sportking India Buyback 2023 and VRL Logistics Buyback 2023 buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. Sportking India Buyback 2023 Buyback record date is Feb 10, 2023. VRL Logistics Buyback 2023 Buyback record date is Feb 10, 2023.
| Sportking India Ltd | VRL Logistics Ltd. | |
|---|---|---|
| Record Date | Feb 10, 2023 | Feb 10, 2023 |
| Offer Open Date | Mar 15, 2023 | Mar 13, 2023 |
| Offer Closure Date | Mar 29, 2023 | Mar 27, 2023 |
| Last date for receipt of tender forms | Mar 31, 2023 | Mar 27, 2023 |
| Finalisation of buyback | Apr 11, 2023 | Apr 06, 2023 |
| Last Date for settlment of bids | Apr 12, 2023 | Apr 10, 2023 |
| Last Date for extinguishment of shares | Apr 19, 2023 | Apr 17, 2023 |
Comparison of Sportking India Buyback 2023 and VRL Logistics Buyback 2023 financial data. The table below also includes a list of all relevant information like Stock Market Data, Compay Information, Lead Manager and Registrar.
| Sportking India Ltd | VRL Logistics Ltd. | |||||||||||||||||||||||||||||||||||||||||||||||||||
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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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