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Motilal Oswal Financial Services Buyback 2022 have to open will be updated soon, Motilal Oswal Financial Services Buyback Record date May 27, 2022, To be eligible for the buyback, the investor must purchase Motilal Oswal Financial Services shares before the record date. Check out Motilal Oswal Financial Services Buyback 2022 details below:
Motilal Oswal Financial Services Buyback 2022 Dates
| Buyback meeting date: |
17 May 2022 |
| Buyback Announcement Date: | 17 May 2022 |
| Buyback Record Date: | 27 May 2022 |
| Buyback Open Date: | , |
| Buyback closing date: |
, |
| Finalizing Buyback Acceptance: |
, |
Motilal Oswal Financial Services Buyback 2022 Offer Details
Buyback of Motilal Oswal Financial Services 15,00,000 Equity Shares At the expense of ₹ 1100 per equity share, Buyback offer should not exceed ₹160 crore of the total buyback offer size.
| Offer Amount: | ₹160 crore |
| number of shares: |
15,00,000 common share |
| Face value: |
₹1 per equity share |
| Buyback Price: | ₹ 1100 per equity share |
| Listing: | BSE and NSE |
| Buyback Type: | tender offer |
| letter of Offer: | click here |
About Company – Motilal Oswal Financial Services
Motilal Oswal Financial Services Limited (MOFSL) was established in 1987 as a small sub-broking entity with a small team of 2 members which is now 8600+ member team. They provide a range of financial products and services such as private wealth, retail broking and distribution, institutional broking, asset management, investment banking, private equity, commodity broking, currency broking and home finance. They have a diverse client base that includes retail clients (including high net worth individuals), mutual funds, foreign institutional investors, financial institutions and corporate clients. Their network was spread across 550 cities and towns, comprising 2500+ business locations operated by our business partners, us and 34,00,000+ customers.
Motilal Oswal Financial Services Buyback 2022 Acceptance Ratio
The investor should buy approximately 181 shares at the current market price of ₹828 (as on 20 May 2022). The calculation would be Rs 2,00,000 / ₹ 1100 buyback value = 181 shares.
| acceptance ratio | Investment | share buyback | Benefit |
| 33% | ₹149,868 | 59 | 16,048 |
| 50% | ₹149,868 | 90 | 24,480 |
| 75% | ₹149,868 | 135 | ₹36,720 |
| 100% | ₹149,868 | 181 | 49,232 |
Motilal Oswal Financial Services Financial Report
| ₹ in crore | |||||
| year | revenue | Expense | to Pat |
||
| 2020 | ₹1306 | ₹1082 | 197 | ||
| 2021 | ₹2184 | ₹1310 | 712 | ||
| 2022 | ₹2611 | ₹1709 | 707 | ||
Motilal Oswal Financial Services Buyback 2022 Eligible Shareholders
Investors who are eligible for the buyback scheme having shares of Motilal Oswal Financial Services in their demat account are: Record date May 27, 2022, Investors can participate in Motilal Oswal Financial Services Buyback 2022 scheme by selling their shares as per the initial form. The payment will be made as per the shares accepted by the Company under Motilal Oswal Financial Services Buyback Scheme.
Motilal Oswal Financial Services Buyback 2022 Registrar
Motilal Oswal Financial Services Buyback 2022 Lead Managers
- Ernst & Young Merchant Banking Services LLP
Motilal Oswal Financial Services Company Address
Motilal Oswal Financial Services Limited
Motilal Oswal Tower,
Rahimatullah Sayani Road,
Opposite Parel ST Depot, Prabhadevi, Mumbai-400025
Phone: 022 – 71934200
Website: https://www.motilaloswal.com/
Motilal Oswal Financial Services Buyback 2022 FAQs
When is Motilal Oswal Financial Services Buyback 2022 Record Date?
Motilal Oswal Financial Services Buyback 2022 is record date 27 May 2022,
When is Motilal Oswal Financial Services Buyback 2022 open date?
Motilal Oswal Financial Services Buyback 2022 is Open Date not decided yet,
What is Motilal Oswal Financial Services Buyback 2022 worth?
The company has fixed the price ₹ 1100 per share.
How to apply for Motilal Oswal Financial Services Buyback 2022?
You should have shares of Motilal Oswal Financial Services in your demat account as on the record date. You can participate in buybacks once you have stock in your account.
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