MOIL Buyback vs Weizmann Buyback

Comparision between MOIL Buyback and Weizmann Buyback.

Buyback Details

MOIL Buyback is a Tender Offer buyback proposed to list at BSE, NSE while Weizmann Buyback is a Tender Offer proposed to list at BSE, NSE.

MOIL Limited

Weizmann Limited

Logo

Type of Buyback

Tender Offer

Listing At

BSE, NSE

Face Value

₹10 per share

Buyback Price

₹205 per share

₹60 per share

Issue Size

3,38,42,668 shares

14,12,515 shares

Issue Size (Amount)

₹693.77 Crores

₹8.48 Crores

Buyback Ratio

Category	Entitlement Ratio of Buyback
Reserved Category for Small Shareholders	123 Equity Shares out of every 625 shares held on the record date.
General Category for all other Eligible Shareholders	99 Equity Shares out of every 728 shares held on the record date.

Category	Entitlement Ratio of Buyback
Reserved Category for Small Shareholders	35 Equity Shares out of every 284 shares held on the record date.
General Category for all other Eligible Shareholders	43 Equity Shares out of every 557 shares held on the record date.

Registrar

Bigshare Services Pvt Ltd

Lead Managers

Idbi Capital Market Services Limited

Keynote Financial Services Ltd

Necessity of the buyback

The Buyback aims to :
i) Reduce outstanding number of equity shares and consequently increase earnings per share and book value per share.
ii) Effectively utilize available cash; and
iii) Improve key return ratios like return on equity capital.

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).

Buyback Timetable

MOIL Buyback and Weizmann Buyback buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. MOIL Buyback Buyback record date is Dec 31, 2021. Weizmann Buyback Buyback record date is Dec 10, 2021.

	MOIL Limited	Weizmann Limited
Record Date	Dec 31, 2021	Dec 10, 2021
Offer Open Date	Jan 28, 2022	Jan 13, 2022
Offer Closure Date	Feb 10, 2022	Jan 27, 2022
Last date for receipt of tender forms	Feb 12, 2022	Jan 27, 2022
Finalisation of buyback	Feb 18, 2022	Feb 04, 2022
Last Date for settlment of bids	Feb 21, 2022	Feb 07, 2022
Last Date for extinguishment of shares	Feb 28, 2022	Feb 14, 2022

Financial Details and Other Relevent Information

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

MOIL Limited

Weizmann 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	12,798.5	12,191.8	16,314.8
Profit After Tax	1,766.3	2,482.2	4,739.0
Reserves & Surplus	25,825.7	2,5260.6	28,251.0
Net Worth	28,199.0	27,633.9	30,827.1

Summary of financial Information Consolidated)
Particulars	For the year/period ended (Rs. in Millions)
	30-Sep-21	31-Mar-21	31-Mar-20	31-Mar-19
Total Income	464.21	982.82	964.82	1,066.67
Profit After Tax	-0.89	49.22	43.20	85.69

Stock price at BSE

Stock price at BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Nov-2021	179.80	156.35	170.92
Oct-2021	174.55	154.70	164.37
Sep-2021	181.30	156.25	165.23

Stock price at BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Nov-2021	55.70	50.50	52.86
Oct-2021	65.00	45.75	54.26
Sep-2021	51.65	46.00	47.95

Stock price at NSE

Stock price at NSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Nov-2021	179.80	157.15	170.96
Oct-2021	174.70	154.50	164.36
Sep-2021	181.50	156.15	165.22

Stock price at NSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Nov-2021	55.50	50.60	52.90
Oct-2021	64.40	46.10	54.10
Sep-2021	50.85	45.40	47.89

Compare with others

MOIL Limited	Weizmann Limited
James Warren Tea Buyback	TCS Buyback
Great Eastern Shipping Buyback	James Warren Tea Buyback
Ajanta Pharma Buyback	Great Eastern Shipping Buyback
Cheviot Company Buyback	Ajanta Pharma Buyback
Weizmann Buyback	Cheviot Company Buyback
MPS Buyback	MOIL Buyback
AksharChem India Buyback	MPS Buyback
S H Kelkar Buyback	AksharChem India Buyback
Nucleus Software Buyback	S H Kelkar Buyback
Goldiam International Buyback	Nucleus Software Buyback

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