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 Period	Dec 4, 2020 - Jun 3, 2021
Security Name	Sreeleathers Limited
Issue Type	Open Market Through Stock Exchange
Issue Size (Amount)	₹32.00 Crores
Buyback Price	₹160 per share
Face Value	₹10 per share
Listing At	BSE, 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

Public Announcement

Sreeleathers Buyback Rating

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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

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)

Mark Corporate Advisors Private Limited

Registered Broker

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

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Sreeleathers Buyback FAQs

When is Sreeleathers Buyback offer coming?

The Sreeleathers Buyback opens on Dec 4, 2020, and closes on Jun 3, 2021.
Which type of buyback is Sreeleathers Buyback offer?

The Sreeleathers Buyback is a Open Market Through Stock Exchange.
What is the schedule of activities for Sreeleathers Buyback?

Sreeleathers Buyback Schedule

Buyback Opening Date Dec 4, 2020

Buyback Closing Date Jun 3, 2021
Last date for acceptance of shares Upon relevant pay-out by the Stock exchange
What is the offer price for Sreeleathers Buyback offer?
The Sreeleathers Buyback is being offered at Rs ₹160 per share per equity share.
In what ratio is the Sreeleathers Buyback offered?
There is no ratio applicable in case of open market offer through stock exchange mechanism.
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.
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.
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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Buyback Opening Date	Dec 4, 2020
Buyback Closing Date	Jun 3, 2021
Last date for acceptance of shares	Upon relevant pay-out by the Stock exchange