Motilal Oswal Financial Services Buyback 2022 announced on 17 May 2022. The Motilal Oswal Financial Services buyback to start from 24 June 2022 and closes on 07 July 2022. The Company will do Buyback with equity of 14,54,545 Equity Shares around 0.98% of Face Value ₹1/ Each Fully paid off at a Price Of ₹1100/- Per Equity. The size of this Buyback is about ₹160 Crores. And this will be done through a Buyback Tender Offer.
Motilal Oswal Financial Services Limited is an Indian financial services company offering a range of financial products and services. rivate Wealth, Retail Broking and Distribution, Institutional Broking, Asset Management, Investment Banking, Private Equity, Commodity Broking, Currency Broking, and Home Finance. The Company are a well-diversified financial services firm. The company headquartered in Mumbai and, as of March 2022, had a network spread over 550 cities and towns comprising 2500+ Business Locations operated by our Business Partners, us, and 48,00,000+ customers.
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Necessity of the Issue :
- The Buyback will help the Company to distribute surplus cash to its shareholders holding Equity Shares broadly in proportion to their shareholding, thereby, enhancing the overall return to the shareholders.
- The Buyback will help the Company to optimise the capital structure.
- The Buyback would help in improving financial ratios like earnings per share, return on capital employed and return on equity, by reducing the equity base of the Company.
Motilal Oswal Financial Services Buyback 2022 Offer Details:
| Event Name | Details |
| Buyback Type | Tender Offer |
| Buyback Record Date | 27 May 2022 |
| Buyback Offer Amount | ₹160 Cr |
| Date of Board Meeting approving the proposal | 17 May 2022 |
| Date of Public Announcement | 19 May 2022 |
| Buyback Offer Size | 0.98% |
| Buyback Number of Shares | 14,54,545 |
| Listing | NSE, BSE |
| Face Value | ₹1/- Rs. |
| Buyback Price | ₹1100/- per share. |
Motilal Oswal Financial Services Buyback 2022 Dates :
We have covered all important dates related to “Motilal Oswal Financial Services Buyback 2022” Buyback Activity Dates are updated as they are announced.
| Buyback Activity | Dates |
| Board Meeting for Buyback proposal | 17 May 2022 |
| Buyback Approval date | 17 May 2022 |
| Public Announcement Date | 19 May 2022 |
| Buyback Record Date | 27 May 2022 |
| Buyback Opening Date | 24 June 2022 |
| Buyback Closing Date | 07 July 2022 |
Motilal Oswal Financial Services Limited Financial Report (in Cr) :
| Year | Revenue | Expense | PAT |
| 2022 | ₹4297.00 | ₹2178.00 | ₹1310.00 |
| 2021 | ₹3626.00 | ₹1609.00 | ₹1245.00 |
| 2020 | ₹2,358.00 | ₹1546.00 | ₹183.00 |
Quick Link :
■ Publication Letter
■ Letter of Offer
■ Application Form
Registrar of The Buyback :
Link Intime India Private Limited
C 101, 247 Park, L.B.S.Marg,
Vikhroli (West), Mumbai – 400083
Tel No.: +91 22 4918 6200
Fax No.: +91 22 4918 6195
Investor grievance e-mail: [email protected]
Email: [email protected]
Website: www.linkintime.co.in
Manager of The Buyback :
Ernst & Young Merchant Banking Services LLP
The Ruby, 14th Floor, 29 Senapati Bapat Marg,
Dadar West, Mumbai – 400 028;
Tel No.: +91 22 6192 0000
Fax No.: +91 22 6192 1000
Investor grievance e-mail: [email protected]
Email: [email protected]
Website: www.ey.com/in/mb
Company Address :
Motilal Oswal Financial Services Limited
Motilal Oswal Tower,
Rahimtullah Sayani Road,
Opposite Parel ST Depot, Prabhadevi,
Mumbai – 400025
Phone: 022 – 71934200
Email: shareholders@motilaloswalcom
Website: https://www.motilaloswal.com/
How to Participate in Motilal Oswal Financial Services Ltd buyback?
The Investors are eligible for the buyback scheme who have Motilal Oswal Financial Services shares in their Demat account as the Record date is 27 May 2022 as the offer is Tender Offer. 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.
How to apply for Motilal Oswal Financial Services buyback zerodha?
You can apply for the buyback, follow the steps below:
- Visit console.zerodha.com.
- Click on the context menu and then Portfolio.
- Click on Corporate actions.
- Click the Buybacks tab, tap on Motilal Oswal Financial Services and then Place order.
- Enter the quantity and tap on Submit.
How to apply for Motilal Oswal Financial Services buyback on Groww?
You can apply for the buyback, follow the few steps below: This feature not applicable on Groww App only available on Groww Website.
- Visit the official Groww website.
- Search Motilal Oswal Financial Services Buyback in the search option.
- You can see Motilal Oswal Financial Services buyback result in search option tap on the Motilal Oswal Financial Services buyback.
- You will reach the Motilal Oswal Financial Services buyback screen, here enter the number of shares and click sell.
- You can see your order is successfully placed.
How to apply for Motilal Oswal Financial Services buyback on upstox?
You can apply for the buyback, follow the few steps below:
- Login to the Upstox app using your 6-digit PIN or biometrics.
- Click on the Account Section on your right bottom corner (Applicable New upstox app).
- Click ‘Account’, then ‘Corporate actions’ and then Buyback / Delisting/ Takeover.
- Select the Motilal Oswal Financial Services stock for buyback.
- Enter the quantity and click on apply.
- If you have submitted your POA, then the buyback will be confirmed.
How to apply for Motilal Oswal Financial Services buyback online on Linkintime?
You can apply for the buyback from Linkintime, follow the few steps below:
- Visit the official Linkintime website.
- Choose Investor service Option and then click Offer buyback. (Direct Link)
- Click drag down menu and select your buyback stock.
- Enter you choose Demat DPID Or Pan Number Or Foilio Number.
- Click Submit button.
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Motilal Oswal Financial Services Buyback 2022 FAQs:
When is Motilal Oswal Financial Services Buyback Announcement Date?
Motilal Oswal Financial Services buyback 2022 announcement date is 17 May 2022.
When is Motilal Oswal Financial Services Buyback Open Date?
Motilal Oswal Financial Services buyback Open date is 24 June 2022.
When is Motilal Oswal Financial Services Buyback Close Date?
Motilal Oswal Financial Services buyback Close date is 07 July 2022.
When is Motilal Oswal Financial Services Buyback Record Date?
Motilal Oswal Financial Services buyback 2022 Record date is 27 May 2022 as the offer is Tender Offer.
What is Motilal Oswal Financial Services Buyback Price?
Motilal Oswal Financial Services company has fixed the price at ₹1100 per share.
What is Motilal Oswal Financial Services Buyback Offer Size?
Motilal Oswal Financial Services company Buyback Offer Size is ₹75 Cr.
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.
Disclaimer: STOCK MARKET INVESTMENTS ARE SUBJECT TO MARKET RISKS, READ ALL SCHEME RELATED DOCUMENTS CAREFULLY BEFORE INVESTING.