Sreeleathers Limited Buyback (Sreeleathers Buyback) Detail

Dec 4, 2020 - Jun 3, 2021

Incorporated in 1991, Sreeleathers Limited is in the business of all kinds of footwear and leather accessories. The company is engaged as a retailer and wholesaler of footwear and leather articles. The company products include shoes, chappal, sandals for men, women, and kids, and accessories like belts, wallets, bags, special boxes, leather garments, socks, and masks.

As of Jan 2021, the company has 35 Dealer Showroom, apart from its own 5 Showrooms, all over the Country.

Sreeleathers works on the principle of World Class. Right Price and thus delivers best quality products.

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Sreeleathers Buyback Detail

Issue PeriodDec 4, 2020 - Jun 3, 2021
Security NameSreeleathers Limited
Issue TypeOpen Market Through Stock Exchange
Issue Size (Amount)₹32.00 Crores
Buyback Price₹160 per share
Face Value₹10 per share
Listing AtBSE, NSE

Company Financials

Summary of financial Information (Consolidated)
Particulars For the year/period ended (Rs. in Million)
31-Mar-20 31-Mar-19 31-Mar-18
Total Income 1,733.68 1,680.96 1,428.91
Profit After Tax 287.60 310.81 213.72

Stock Market Data (for preceding 3 months)

BSE

Month High Price Low Price Average Price
Oct-2020 136 130 133
Sep-2020 145 130 139
Aug-2020 152 130 140

NSE

Month High Price Low Price Average Price
Month High Price Low Price Average Price
Oct-2020 136 129 133
Sep-2020 146 130 138
Aug-2020 153 130 143

Necessity of the Issue

The buyback is undertaken by the company to:
i) Effectively utilize its surplus funds.
ii) Enhance overall long term shareholders value.

Sreeleathers Buyback Documents

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Company Contact Information

Sreeleathers Limited
6, Tottee lane,
Kolkatta - 700 016


Phone: +91 33 22861571
Email: sreeleathers@sreeleathers.com
Website: https://sreeleathers.com/

Sreeleathers Buyback Registrar

  1. Niche Technologies Pvt. Ltd
       D-511, Bagree Market,
       71, B R B Basu Road,
       Kolkata - 700 001, West Bengal, India

    Phone: 2235-7270/ 7271
    Email: nichetechpl@nichetechpl.com
    Website: http://www.nichetechpl.com

Sreeleathers Buyback Manager

Lead Manager(s)

  1. Mark Corporate Advisors Private Limited

Registered Broker

  1. S W Capital Private Limited
    Email: Hemant.shah@swcapital.in

Sreeleathers Buyback FAQs

  1. When is Sreeleathers Buyback offer coming?

    The Sreeleathers Buyback opens on Dec 4, 2020, and closes on Jun 3, 2021.

  2. Which type of buyback is Sreeleathers Buyback offer?

    The Sreeleathers Buyback is a Open Market Through Stock Exchange.

  3. What is the schedule of activities for Sreeleathers Buyback?

    Sreeleathers Buyback Schedule

    Buyback Opening DateDec 4, 2020
    Buyback Closing DateJun 3, 2021
    Last date for acceptance of sharesUpon relevant pay-out by the Stock exchange
  4. What is the offer price for Sreeleathers Buyback offer?

    The Sreeleathers Buyback is being offered at Rs ₹160 per share per equity share.

  5. In what ratio is the Sreeleathers Buyback offered?

    There is no ratio applicable in case of open market offer through stock exchange mechanism.

  6. What is the record date for Sreeleathers Buyback offer?

    There is no concept of record date in case of open market through stock exchange mechanism.

  7. What is the issue size of Sreeleathers Buyback?

    The Sreeleathers Buyback has announced a buyback for an aggregate amount of not more than Rs. ₹32.00 Crores with pricing of Rs.₹160 per share.

  8. What is the necessity for Sreeleathers Buyback?

    The buyback is undertaken by the company to:
    i) Effectively utilize its surplus funds.
    ii) Enhance overall long term shareholders value.


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