Cheviot Company Buyback vs TCS Buyback

Comparision between Cheviot Company Buyback and TCS Buyback.

Buyback Details

Cheviot Company Buyback is a Tender Offer buyback proposed to list at BSE while TCS Buyback is a Tender Offer proposed to list at BSE, NSE.

Cheviot Company Limited

Tata Consultancy Services

Logo

Type of Buyback

Tender Offer

Listing At

BSE

BSE, NSE

Face Value

₹10 per share

₹1 per share

Buyback Price

₹1725 per share

₹4500 per share

Issue Size

2,50,000 shares

4,00,00,000 shares

Issue Size (Amount)

₹43.13 Crores

₹18,000.00 Crores

Buyback Ratio

Category	Entitlement Ratio of Buyback
Reserved Category for Small Shareholders	13 Equity Shares out of every 141 shares held on the record date.
General Category for all other Eligible Shareholders	31 Equity Shares out of every 854 shares held on the record date.

Registrar

Maheshwari Datamatics Pvt. Ltd

Link Intime India Private Ltd

Lead Managers

Vc Corporate Advisors Pvt Ltd (Vcapl)

Jm Financial Limited

Necessity of the buyback

The Buyback aims to :
i) Distribute surplus funds to shareholders and thereby enhance their overall return.
ii) Improve financial ratios like Earnings per share (EPS), Return on assets (ROA) and Return on Equity (ROE).

The Buyback aims to :
i) Return excess cash to the shareholders.
ii) Increase shareholder's value in the long term; and
iii) Improve Return on Equity.

Buyback Timetable

Cheviot Company Buyback and TCS Buyback buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. Cheviot Company Buyback Buyback record date is Dec 17, 2021. TCS Buyback Buyback record date is Feb 23, 2022.

	Cheviot Company Limited	Tata Consultancy Services
Record Date	Dec 17, 2021	Feb 23, 2022
Offer Open Date	Jan 10, 2022	Mar 09, 2022
Offer Closure Date	Jan 21, 2022	Mar 23, 2022
Last date for receipt of tender forms	Jan 25, 2022	Mar 23, 2022
Finalisation of buyback	Jan 28, 2022	Mar 31, 2022
Last Date for settlment of bids	Jan 31, 2022	Apr 01, 2022
Last Date for extinguishment of shares	Feb 09, 2022	Apr 08, 2022

Financial Details and Other Relevent Information

Comparison of Cheviot Company Buyback and TCS Buyback financial data. The table below also includes a list of all relevant information like Stock Market Data, Compay Information, Lead Manager and Registrar.

Cheviot Company Limited

Tata Consultancy Services

Financial

Summary of financial Information Standalone)
Particulars	For the year/period ended (Rs. in Millions)
	30-Sep-21	31-Mar-21	31-Mar-20	31-Mar-19
Total Income	2,705.19	4,413.03	4,677.62	4,166.73
Profit After Tax	476.14	757.23	481.21	501.78
Net Worth	4,398.25	5,014.98	4,659.72	4,451.81
Reserves and Surplus	4,335.55	4,952.27	4,595.01	4,387.11

Summary of financial Information (standalone)
Particulars	For the year/period ended (Rs. in Millions)
	31-Dec-21	31-Mar-21	31-Mar-20	31-Mar-19
Total Income	1,233,870.00	1,413,630.00	1,393,830.00	1,307,970.00
Profit After Tax	283,920.00	309,600.00	332,600.00	300,650.00
Net Worth	923,929.10	747,939.10	743,682.40	788,982.40

Stock price at BSE

Stock price at BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Nov-2021	1390.00	1131.00	1224.93
Oct-2021	1305.00	1102.00	1223.67
Sep-2021	1369.95	1250.00	1308.24

Stock price at BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Feb-2022	3857.00	3695.60	3782.93
Jan-2022	4019.10	3650.10	3847.53
Dec-2021	3736.85	3534.35	3630.88

Stock price at NSE

Stock price at NSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Feb-2022	3856.20	3694.95	3782.74
Jan-2022	4019.15	3649.25	3847.37
Dec-2021	3738.35	3536.40	3631.14

Compare with others

Cheviot Company Limited	Tata Consultancy Services
Emami Ltd Buyback	Gulf Oil Lubricants Buyback Feb 22
TCS Buyback	FDC Buyback
James Warren Tea Buyback	K.P.R Mill Buyback
Great Eastern Shipping Buyback	Mayur Uniquoters Buyback
Ajanta Pharma Buyback	Emami Ltd Buyback
Weizmann Buyback	James Warren Tea Buyback
MOIL Buyback	Great Eastern Shipping Buyback
MPS Buyback	Ajanta Pharma Buyback
AksharChem India Buyback	Cheviot Company Buyback
S H Kelkar Buyback	Weizmann Buyback

Comments

Add a public comment...