Motilal Oswal Financial Services Limited Buyback 2020
(i) Motilal Oswal Financial Services Ltd. is a reputed name in Financial Services with group companies providing services such as Private Wealth Management, Retail Broking and Distribution, Institutional Broking, Asset Management, Investment Banking, Private Equity, Commodity Broking, Currency Broking, Principal Strategies & Home Finance.
(ii) Motilal Oswal Securities Ltd.* is a group company of Motilal Oswal Financial Service Limited which started as a stock broking company and has blossomed into a well-diversified firm offering a range of financial products and services.
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. The company has awarded ‘Best Performing National Financial Advisor – Equity Broker’ for four years in a row at the UTI-CNBC TV18 Financial Advisor Awards.
(iii) As a retail broking customer, you can trade in Equity, Derivatives, Commodities, Currencies, Mutual Funds, IPOs, Bonds, and Insurance through them.
Buy Back Offer Deal:
|Buyback Type:||Open Market|
|Buyback Opening Date:||Apr 01 2020|
|Buyback Closing Date:||Sep 30 2020|
|Buyback Offer Amount:||₹ 150 cr|
|Date of Board Meeting approving the proposal:||Mar 21 2020|
|Date of Public Announcement:||Mar 21 2020|
|Buyback Offer Size:||7.51%|
|Price Type:||Open Market|
|Buyback Price:||₹ 650 Per Equity Share|
Details of Buyback:
Salient financial parameters:
|Particulars( in Cr)||Mar-14||Mar-15||Mar-16||Mar-17||Mar-18||Mar-19|
|Profit before tax||59||196||225||506||829||384|
|EPS in Rs||2.52||9.67||11.38||24.41||42.89||20.18|