Tanla Platforms Buyback 2022 vs TCI Express Buyback

Comparision between Tanla Platforms Buyback 2022 and TCI Express Buyback.

Buyback Details

Tanla Platforms Buyback 2022 is a Tender Offer buyback proposed to list at BSE, NSE while TCI Express Buyback is a Open Market Through Stock Exchange proposed to list at BSE.

Tanla Platforms Limited

TCI Express Limited

Logo

Type of Buyback

Tender Offer

Open Market Through Stock Exchange

Listing At

BSE, NSE

BSE

Face Value

₹1 per share

₹2 per share

Buyback Price

₹1200 per share

₹2050 per share

Issue Size

14,16,667 shares

Issue Size (Amount)

₹170.00 Crores

₹75.00 Crores

Buyback Ratio

Category	Entitlement Ratio of Buyback
Reserved Category for Small Shareholders	17 Equity Share out of every 625 Fully paid-up Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders	11 Equity Shares out of every 1169 Fully paid-up Equity Shares held on the Record Date.

Registrar

Kfin Technologies Limited

Lead Managers

Hdfc Bank Limited

Motilal Oswal Investment Advisors Limited

Necessity of the buyback

The Buyback is being undertaken for the following reasons:

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.
The Buyback may help in improving 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:

1. The Buyback is generally expected to improve return on equity, through distribution of cash and improve eamings per share by reduction in the Equity base, thereby leading to long term increase in Members' value.

Buyback Timetable

Tanla Platforms Buyback 2022 and TCI Express Buyback buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. Tanla Platforms Buyback 2022 Buyback record date is Oct 25, 2022. TCI Express Buyback Buyback record date is .

	Tanla Platforms Limited	TCI Express Limited
Record Date	Oct 25, 2022
Offer Open Date	Dec 20, 2022	Aug 18, 2022
Offer Closure Date	Jan 02, 2023	Feb 13, 2023
Last date for receipt of tender forms	Jan 02, 2023
Finalisation of buyback	Jan 10, 2023
Last Date for settlment of bids	Jan 11, 2023
Last Date for extinguishment of shares	Jan 18, 2023

Financial Details and Other Relevent Information

Comparison of Tanla Platforms Buyback 2022 and TCI Express Buyback financial data. The table below also includes a list of all relevant information like Stock Market Data, Compay Information, Lead Manager and Registrar.

Tanla Platforms Limited

TCI Express Limited

Financial

Tanla Platforms Limited Financial Information (Restated)
Period Ended	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus
31-Mar-20	1955.2	-211.17	701.73	687.14
31-Mar-21	2363.4	356.14	893.1	879.5
31-Mar-22	3222.1	539.28	1354.04	1340.47
Amount in ₹ Crore

TCI Express Limited Financial Information (Restated)
Period Ended	Total Revenue	Profit After Tax	Net Worth
31-Mar-20	1036.33	89.08	337.27
31-Mar-21	851.64	100.6	433.87
31-Mar-22	1089.64	128.84	536.19
Amount in ₹ Crore

Stock price at BSE

Stock price at BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Apr-2022	1638.20	1402.80	1501.19
May-2022	1503.65	1144.00	1278.79
Jun-2022	1447.00	938.50	1155.91

Stock price at BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Jul-2022	1790.05	1491.45	1624.13
Jun-2022	1765.65	1551.00	1628.40
May-2022	1889.50	1444.50	1634.72

Stock price at NSE

Stock price at NSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Apr-2022	893.80	710.20	779.44
May-2022	825.00	684.00	736.80
Jun-2022	1025.00	584.50	915.73

Stock price at NSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Jul-2022	1790.00	1490.75	1626.09
Jun-2022	1764.95	1554.00	1630.02
May-2022	1898.85	1442.05	1634.95

Compare with others

Tanla Platforms Limited	TCI Express Limited
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International Conveyors Buyback	Tanla Platforms Buyback 2022
Infosys Buyback 2022	Mindteck India Buyback
SP Apparels Buyback	ACC Limited Buyback
Shyam Century Ferrous Buyback	SIS Limited Buyback
Mindteck India Buyback	Granules India Buyback
ACC Limited Buyback	Suraj Limited Buyback
SIS Limited Buyback	Quick Heal Technologies Buyback 2022
TCI Express Buyback	CARE Ratings Buyback
Granules India Buyback	Techno Electric Buyback

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