Comparison between VLS Finance Buyback and VRL Logistics Buyback 2023.
VLS Finance Buyback is a Open Market Through Stock Exchange buyback proposed to list at BSE, NSE while VRL Logistics Buyback 2023 is a Tender Offer proposed to list at BSE, NSE.
| VLS Finance Ltd. | VRL Logistics Ltd. | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Logo |  |  | |||||||||
| Type of Buyback | Open Market Through Stock Exchange | Tender Offer | |||||||||
| Listing At | BSE, NSE | BSE, NSE | |||||||||
| Face Value | ₹10 per share | ₹10 per share | |||||||||
| Buyback Price | ₹200 per share | ₹700 per share | |||||||||
| Issue Size | 8,75,000 shares | ||||||||||
| Issue Size (Amount) | ₹70.00 Crores | ₹61.25 Crores | |||||||||
| Buyback Ratio |
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| Registrar | RCMC Share Registry Pvt.Ltd. | Kfin Technologies Ltd. | |||||||||
| Lead Managers | SMC Capitals Ltd. | Motilal Oswal Investment Advisors Ltd. | |||||||||
| Necessity of the buyback | The Buy-Back is expected to achieve the following objectives:
| The Buyback offers the following advantages: a) 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. b) The Buyback may help in improving its return on equity, by reduction in the equity base, thereby leading to long term increase in shareholders' value. |
VLS Finance Buyback and VRL Logistics Buyback 2023 buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. VLS Finance Buyback Buyback record date is . VRL Logistics Buyback 2023 Buyback record date is Feb 10, 2023.
| VLS Finance Ltd. | VRL Logistics Ltd. | |
|---|---|---|
| Record Date | Feb 10, 2023 | |
| Offer Open Date | Jan 16, 2023 | Mar 13, 2023 |
| Offer Closure Date | May 29, 2023 | Mar 27, 2023 |
| Last date for receipt of tender forms | Mar 27, 2023 | |
| Finalisation of buyback | Apr 06, 2023 | |
| Last Date for settlment of bids | Apr 10, 2023 | |
| Last Date for extinguishment of shares | Apr 17, 2023 |
Comparison of VLS Finance Buyback and VRL Logistics Buyback 2023 financial data. The table below also includes a list of all relevant information like Stock Market Data, Compay Information, Lead Manager and Registrar.
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| Stock price at BSE | Stock price at BSE (in preceding 3 months)
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| Stock price at NSE | Stock price at NSE (in preceding 3 months)
| Stock price at NSE (in preceding 3 months)
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