ACC Limited Buyback vs SIS Limited Buyback

Comparison between ACC Limited Buyback and SIS Limited Buyback.

Buyback Details

ACC Limited Buyback is a Open Market Through Stock Exchange buyback proposed to list at BSE, NSE while SIS Limited Buyback is a Tender Offer proposed to list at BSE.

 ACC Ltd.SIS Ltd.
LogoACC Limited Buyback LogoSIS Limited Buyback Logo
Type of BuybackOpen Market Through Stock ExchangeTender Offer
Listing AtBSE, NSEBSE
Face Value₹10 per share₹5 per share
Buyback Price₹2300 per share₹550 per share
Issue Size14,54,545 shares
Issue Size (Amount)₹11,259.98 Crores₹80.00 Crores
Buyback Ratio
Category Entitlement Ratio of Buyback
Reserved Category for Small Shareholders 11 Equity Share out of every 95 Fully paid-up Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders 2 Equity Shares out of every 235 Fully paid-up Equity Shares held on the Record Date.
RegistrarMUFG Intime India Pvt.Ltd.MUFG Intime India Pvt.Ltd.
Lead ManagersDeutsche Equities India Pvt.Ltd.Edelweiss Financial Services Ltd.
Necessity of the buyback

The Buyback is being undertaken for the following reasons:

  1. The Buyback will help the Company to return surplus cash to its shareholders holding Equity Shares broadly in proportion to their shareholding, thereby, enhancing the overall return to shareholders.
  2. The Buyback may help in improving return on equity, by the reduction in the equity base, thereby leading to a long-term increase in shareholders' value.
  3. The Buyback may lead to a reduction in outstanding Equity Shares, improvement in earnings per equity share, and enhanced return on equity.

Buyback Timetable

ACC Limited Buyback and SIS Limited Buyback buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. ACC Limited Buyback Buyback record date is . SIS Limited Buyback Buyback record date is Aug 30, 2022.

 ACC Ltd.SIS Ltd.
Record DateAug 30, 2022
Offer Open DateAug 26, 2022Oct 04, 2022
Offer Closure DateSep 09, 2022Oct 18, 2022
Last date for receipt of tender formsOct 27, 2022
Finalisation of buybackOct 28, 2022
Last Date for settlment of bidsOct 31, 2022
Last Date for extinguishment of sharesNov 07, 2022

Financial Details and Other Relevent Information

Comparison of ACC Limited Buyback and SIS Limited Buyback financial data. The table below also includes a list of all relevant information like Stock Market Data, Compay Information, Lead Manager and Registrar.

 ACC Ltd.SIS Ltd.
Financial
ACC Limited Financial Information (Restated)
Period EndedTotal RevenueNet Worth
31-Dec-1915975.9811546.93
31-Dec-2014002.7212702.37
31-Dec-2116358.3814312.18
Amount in ₹ Crore
SIS Limited Financial Information (Restated)
Period EndedTotal RevenueProfit After TaxNet WorthReserves and Surplus
31-Mar-219605.1367.211830.761756.61
31-Mar-2210111.75325.932071.251997.74
Amount in ₹ Crore
Stock price at BSE

Stock price at BSE (in preceding 3 months)

Month High Price Low Price Average Price
Jul-2022 477.00 438.25 452.71
Jun-2022 485.00 435.15 455.06
May-2022 510.20 451.00 480.75
Stock price at NSE

Stock price at NSE (in preceding 3 months)

Month High Price Low Price Average Price
Jul-2022 480.60 435.50 452.79
Jun-2022 485.00 434.90 455.38
May-2022 510.85 451.00 481.12

Compare with others

Compare:

ACC Limited Buyback and SIS Limited Buyback