Gulf Oil Lubricants Buyback Feb 22 vs TCS Buyback

Comparision between Gulf Oil Lubricants Buyback Feb 22 and TCS Buyback.

Buyback Details

Gulf Oil Lubricants Buyback Feb 22 is a Tender Offer buyback proposed to list at BSE, NSE while TCS Buyback is a Tender Offer proposed to list at BSE, NSE.

Gulf Oil Lubricants India Ltd

Tata Consultancy Services

Logo

Type of Buyback

Tender Offer

Listing At

BSE, NSE

Face Value

₹2 per share

₹1 per share

Buyback Price

₹600 per share

₹4500 per share

Issue Size

14,16,667 shares

4,00,00,000 shares

Issue Size (Amount)

₹85.00 Crores

₹18,000.00 Crores

Buyback Ratio

Category	Entitlement Ratio of Buyback
Reserved Category for Small Shareholders	27 Equity Shares for every 374 Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders	9 Equity Shares for every 355 Equity Shares held on the Record Date.

Registrar

Kfin Technologies Limited

Link Intime India Private Ltd

Lead Managers

Motilal Oswal Investment Advisors Limited

Jm Financial Limited

Necessity of the buyback

To distribute surplus cash to shareholders holding equity shares in proportion to their shareholdings.
To improve financial ratios like earnings per share and return on equity by reducing the company's equity base.

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

Gulf Oil Lubricants Buyback Feb 22 and TCS Buyback buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. Gulf Oil Lubricants Buyback Feb 22 Buyback record date is Feb 21, 2022. TCS Buyback Buyback record date is Feb 23, 2022.

	Gulf Oil Lubricants India Ltd	Tata Consultancy Services
Record Date	Feb 21, 2022	Feb 23, 2022
Offer Open Date	Mar 25, 2022	Mar 09, 2022
Offer Closure Date	Apr 07, 2022	Mar 23, 2022
Last date for receipt of tender forms	Apr 07, 2022	Mar 23, 2022
Finalisation of buyback	Apr 19, 2022	Mar 31, 2022
Last Date for settlment of bids	Apr 20, 2022	Apr 01, 2022
Last Date for extinguishment of shares	Apr 26, 2022	Apr 08, 2022

Financial Details and Other Relevent Information

Comparison of Gulf Oil Lubricants Buyback Feb 22 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.

Gulf Oil Lubricants India Ltd

Tata Consultancy Services

Financial

Summary of financial Information (standalone)
Particulars	For the year/period ended (Rs. in Millions)
	31-Mar-21	31-Mar-20	31-Mar-19
Total Income	17,042.64	16,790.46	17,353.35
Profit After Tax	2,000.85	2,025.21	1,777.82
Net Worth	8,693.76	7,613.07	5,867.43
Reserves and Surplus	8,593.14	7,512.86	5,767.83

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
Jan-2022	502.90	445.00	462.26
Dec-2021	528.40	427.95	469.32
Nov-2021	614.60	499.00	582.56

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
Jan-2022	503.00	445.50	462.28
Dec-2021	531.85	425.00	469.17
Nov-2021	617.55	499.75	583.12

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

Gulf Oil Lubricants India Ltd	Tata Consultancy Services
UPL Limited Buyback 2022	Gulf Oil Lubricants Buyback Feb 22
GAIL (India) Buyback	FDC Buyback
Filatex India Buyback	K.P.R Mill Buyback
Atul Limited Buyback	Mayur Uniquoters Buyback
Pennar Industries Buyback	Emami Ltd 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	Cheviot Company Buyback
TCS Buyback	Weizmann Buyback

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