Comparison between Garware Technical Fibres Buyback and Tanla Platforms Buyback 2022.
Garware Technical Fibres Buyback is a Tender Offer buyback proposed to list at BSE, NSE while Tanla Platforms Buyback 2022 is a Tender Offer proposed to list at BSE, NSE.
| Garware Technical Fibres Ltd. | Tanla Platforms Ltd. | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Logo |  |  | ||||||||||||
| Type of Buyback | Tender Offer | Tender Offer | ||||||||||||
| Listing At | BSE, NSE | BSE, NSE | ||||||||||||
| Face Value | ₹10 per share | ₹1 per share | ||||||||||||
| Buyback Price | ₹3750 per share | ₹1200 per share | ||||||||||||
| Issue Size | 2,40,000 shares | 14,16,667 shares | ||||||||||||
| Issue Size (Amount) | ₹90.00 Crores | ₹170.00 Crores | ||||||||||||
| Buyback Ratio |
|
| ||||||||||||
| Registrar | MUFG Intime India Pvt.Ltd. | Kfin Technologies Ltd. | ||||||||||||
| Lead Managers | Ambit Pvt.Ltd. | HDFC Bank Ltd. | ||||||||||||
| Necessity of the buyback | The Buyback is being undertaken, inter-alia, for the following reasons: 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 may help in improving the Company's return on equity, by the reduction in the equity base, thereby leading to a long-term increase in shareholders' value. | The Buyback is being undertaken for the following reasons:
|
Garware Technical Fibres Buyback and Tanla Platforms Buyback 2022 buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. Garware Technical Fibres Buyback Buyback record date is Nov 04, 2022. Tanla Platforms Buyback 2022 Buyback record date is Oct 25, 2022.
| Garware Technical Fibres Ltd. | Tanla Platforms Ltd. | |
|---|---|---|
| Record Date | Nov 04, 2022 | Oct 25, 2022 |
| Offer Open Date | Dec 05, 2022 | Dec 20, 2022 |
| Offer Closure Date | Dec 16, 2022 | Jan 02, 2023 |
| Last date for receipt of tender forms | Dec 16, 2022 | Jan 02, 2023 |
| Finalisation of buyback | Dec 26, 2022 | Jan 10, 2023 |
| Last Date for settlment of bids | Dec 27, 2022 | Jan 11, 2023 |
| Last Date for extinguishment of shares | Jan 03, 2023 | Jan 18, 2023 |
Comparison of Garware Technical Fibres Buyback and Tanla Platforms Buyback 2022 financial data. The table below also includes a list of all relevant information like Stock Market Data, Compay Information, Lead Manager and Registrar.
| Garware Technical Fibres Ltd. | Tanla Platforms Ltd. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financial |
|
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Stock price at BSE | Stock price at BSE (in preceding 3 months)
| Stock price at BSE (in preceding 3 months)
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Stock price at NSE | Stock price at NSE (in preceding 3 months)
| Stock price at NSE (in preceding 3 months)
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||
