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Gulf Oil Lubricants Buyback Feb 22 vs UPL Limited Buyback 2022

Comparision between Gulf Oil Lubricants Buyback Feb 22 and UPL Limited Buyback 2022.

Buyback Details

Gulf Oil Lubricants Buyback Feb 22 is a Tender Offer buyback proposed to list at BSE, NSE while UPL Limited Buyback 2022 is a Open Market Through Stock Exchange proposed to list at BSE, NSE.

  Gulf Oil Lubricants India Ltd UPL Limited
Logo Gulf Oil Lubricants Buyback Feb 22 Logo UPL Limited Buyback 2022 Logo
Type of Buyback Tender Offer Open Market Through Stock Exchange
Listing At BSE, NSE BSE, NSE
Face Value ₹2 per share ₹2 per share
Buyback Price ₹600 per share ₹875 per share
Issue Size 14,16,667 shares
Issue Size (Amount) ₹85.00 Crores ₹1,100.00 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
  1. To distribute surplus cash to shareholders holding equity shares in proportion to their shareholdings.
  2. To improve financial ratios like earnings per share and return on equity by reducing the company's equity base.

The objective of the Buyback is to:

1. Improve return on equity, by a reduction in the equity base, thereby leading to a long term increase in Shareholders' value.

Buyback Timetable

Gulf Oil Lubricants Buyback Feb 22 and UPL Limited Buyback 2022 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. UPL Limited Buyback 2022 Buyback record date is .

  Gulf Oil Lubricants India Ltd UPL Limited
Record Date Feb 21, 2022
Offer Open Date Mar 25, 2022 Apr 07, 2022
Offer Closure Date Apr 07, 2022 May 20, 2022
Last date for receipt of tender forms Apr 07, 2022
Finalisation of buyback Apr 19, 2022
Last Date for settlment of bids Apr 20, 2022
Last Date for extinguishment of shares Apr 26, 2022

Financial Details and Other Relevent Information

Comparison of Gulf Oil Lubricants Buyback Feb 22 and UPL Limited 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.

  Gulf Oil Lubricants India Ltd UPL Limited
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 Crores)
  31-Mar-21 31-Mar-20 31-Mar-19
Total Income 11,458 10,147 9,220
Profit After Tax 220 461 405
Net Worth 7,786 8,024 7,972
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
Oct-2021 761.75 686.15 727.60
Nov-2021 794.35 679.00 737.16
Dec-2021 767.00 681.85 734.65
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
Oct-2021 762.00 686.25 727.39
Nov-2021 794.00 678.55 736.82
Dec-2021 767.70 681.55 734.69

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