TCS Buyback vs Weizmann Buyback

Comparision between TCS Buyback and Weizmann Buyback.

Buyback Details

TCS 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.

Tata Consultancy Services

Weizmann Limited

Logo

Type of Buyback

Tender Offer

Listing At

BSE, NSE

Face Value

₹1 per share

₹10 per share

Buyback Price

₹4500 per share

₹60 per share

Issue Size

4,00,00,000 shares

14,12,515 shares

Issue Size (Amount)

₹18,000.00 Crores

₹8.48 Crores

Buyback Ratio

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

Link Intime India Private Ltd

Bigshare Services Pvt Ltd

Lead Managers

Jm Financial Limited

Keynote Financial Services Ltd

Necessity of the buyback

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.

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

TCS Buyback and Weizmann Buyback buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. TCS Buyback Buyback record date is Feb 23, 2022. Weizmann Buyback Buyback record date is Dec 10, 2021.

	Tata Consultancy Services	Weizmann Limited
Record Date	Feb 23, 2022	Dec 10, 2021
Offer Open Date	Mar 09, 2022	Jan 13, 2022
Offer Closure Date	Mar 23, 2022	Jan 27, 2022
Last date for receipt of tender forms	Mar 23, 2022	Jan 27, 2022
Finalisation of buyback	Mar 31, 2022	Feb 04, 2022
Last Date for settlment of bids	Apr 01, 2022	Feb 07, 2022
Last Date for extinguishment of shares	Apr 08, 2022	Feb 14, 2022

Financial Details and Other Relevent Information

Comparison of TCS 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.

Tata Consultancy Services

Weizmann Limited

Financial

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

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
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 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
Feb-2022	3856.20	3694.95	3782.74
Jan-2022	4019.15	3649.25	3847.37
Dec-2021	3738.35	3536.40	3631.14

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

Tata Consultancy Services	Weizmann Limited
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	Cheviot Company 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	Nucleus Software Buyback

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