Motilal Oswal Financial Services Buyback 2022 Record Date, Price & Ratio Details

IPO Initial Public Offerings

Motilal Oswal Financial Services buyback 2022 is to open on June 24. Motilal Oswal Financial Services buyback record date is May 27, 2022. The investor should buy the Motilal Oswal Financial Services shares before the record date to get eligibility for the buyback. Check out Motilal Oswal Financial Services Buyback 2022 details below:

Motilal Oswal Financial Services Ltd. (MOFSL) was founded in 1987 as a small sub-broking unit with a small team of 2 members that is now an 8600+ member team. They offer 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 diversified client base that includes retail customers (including High Net worth Individuals), mutual funds, foreign institutional investors, financial institutions, and corporate clients. They had a network spread over 550 cities and towns comprising 2500+ Business Locations operated by our Business Partners, us, and 34,00,000+ customers.

Motilal Oswal Financial Services

    Motilal Oswal Financial Services Buyback 2022 Dates

     Buyback Meeting Date:
     May 17, 2022
     Buyback Announcement Date: May 17, 2022
     Buyback Record Date: May 27, 2022
     Buyback Open Date: June 24, 2022
     Buyback Close Date:
     July 07, 2022
     Finalization of Buyback Acceptance:
     July 15, 2022

    Motilal Oswal Financial Services Buyback 2022 Offer Details

    Motilal Oswal Financial Services buyback of 15,00,000 equity shares at a price of ₹1100 per equity share. The buyback offers not to exceed ₹160 crores of the total buyback offer size.
     Offer Amount: ₹160 Crores
     Number of Shares:
     15,00,000 Equity Shares
     Face Value:
     ₹1 per equity share
     Buyback Price: ₹1100 per equity share
     Listing: BSE & NSE
     Buyback Type: Tender Offer
     Letter of Offer: Click Here

    Motilal Oswal Financial Services Buyback 2022 Acceptance Ratio

    The investor should buy around 181 shares at a current market price of ₹828 (as of 20 May 2022). The calculation will be Rs.2,00,000 / ₹1100 buyback price = 181 shares.
    Acceptance RatioInvestmentShares BuybackProfit
    33%₹149,8685916,048
    50%₹149,8689024,480
    75%₹149,868135₹36,720
    100%₹149,86818149,232

    Motilal Oswal Financial Services Financial Report

      ₹ in Crores
    YearRevenueExpensePAT
    2020₹1306₹1082197
    2021₹2184₹1310712
    2022₹2611₹1709707

    Motilal Oswal Financial Services Buyback 2022 Eligible Share Holders

    The investors are eligible for the buyback scheme who have Motilal Oswal Financial Services shares in their Demat account as the record date is May 27, 2022. Investors can participate in the Motilal Oswal Financial Services Buyback 2022 scheme as per the opening form by selling their shares. The payment will be given as per the accepted shares by the company under the Motilal Oswal Financial Services buyback scheme.
     

    Motilal Oswal Financial Services Buyback 2022 Registrar

    Link Intime India Private Ltd
    C 101, 247 Park, L.B.S.Marg,
    Vikhroli (West), Mumbai – 400083
    Phone: +91-22-4918 6270
    Website: https://linkintime.co.in/

     

    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,
    Rahimtullah 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 record date is May 27, 2022.

    When is Motilal Oswal Financial Services Buyback 2022 Open Date?

    Motilal Oswal Financial Services buyback 2022 open date is June 24, 2022.

    What is Motilal Oswal Financial Services Buyback 2022 Price?

    The company has fixed the price at ₹1100 per share.

    How to apply for Motilal Oswal Financial Services Buyback 2022?

    As per the record date you need to have Motilal Oswal Financial Services shares in your Demat account. You can participate in buyback after having the stock in your account.

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