Filatex India Buyback vs Sarda Energy & Minerals Buyback

Comparision between Filatex India Buyback and Sarda Energy & Minerals Buyback.

Buyback Details

Filatex India Buyback is a Tender Offer buyback proposed to list at BSE, NSE while Sarda Energy & Minerals Buyback is a Tender Offer proposed to list at BSE, NSE.

Filatex India Limited

Sarda Energy & Minerals Limited

Logo

Type of Buyback

Tender Offer

Listing At

BSE, NSE

Face Value

₹2 per share

₹10 per share

Buyback Price

₹140 per share

₹1500 per share

Issue Size

42,50,000 shares

8,11,108 shares

Issue Size (Amount)

₹59.50 Crores

₹121.67 Crores

Buyback Ratio

Category	Entitlement Ratio of Buyback
Reserved Category for Small Shareholders	23 Equity Share out of every 226 Fully paid-up Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders	8 Equity Share out of every 485 Fully paid-up Equity Shares held on the Record Date.

Category	Entitlement Ratio of Buyback
Reserved Category for Small Shareholders	101 Equity Share out of every 823 Fully paid-up Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders	6 Equity Share out of every 299 Fully paid-up Equity Shares held on the Record Date.

Registrar

Mcs Share Transfer Agent Limited

Bigshare Services Pvt Ltd

Lead Managers

Corporate Professionals Capital Private Ltd

Hem Securities Limited

Necessity of the buyback

The buyback is being undertaken for the following reasons:

1. The Buyback will help the company to distribute surplus cash to its shareholders holding Equity shares broadly to the proportion of their shareholding, thereby, enhancing the overall return to shareholders.

2. The Buyback would help in improving financial ratios like earnings per share and return on equity, by reducing the equity base of the company.

The buyback is being undertaken for the following reasons:

2. The Buyback would help in improving financial ratios like earnings per share and return on equity, by reducing the equity base of the company.

Buyback Timetable

Filatex India Buyback and Sarda Energy & Minerals Buyback buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. Filatex India Buyback Buyback record date is Apr 08, 2022. Sarda Energy & Minerals Buyback Buyback record date is May 06, 2022.

	Filatex India Limited	Sarda Energy & Minerals Limited
Record Date	Apr 08, 2022	May 06, 2022
Offer Open Date	May 09, 2022	Jun 02, 2022
Offer Closure Date	May 23, 2022	Jun 15, 2022
Last date for receipt of tender forms	May 23, 2022	Jun 15, 2022
Finalisation of buyback	May 27, 2022	Jun 24, 2022
Last Date for settlment of bids	Jun 01, 2022	Jun 27, 2022
Last Date for extinguishment of shares	Jun 08, 2022	Jul 04, 2022

Financial Details and Other Relevent Information

Comparison of Filatex India Buyback and Sarda Energy & Minerals Buyback financial data. The table below also includes a list of all relevant information like Stock Market Data, Compay Information, Lead Manager and Registrar.

Filatex India Limited

Sarda Energy & Minerals Limited

Financial

Summary of financial Information (standalone)
Particulars	For the year/period ended (Rs. in Lakhs)
	31-Mar-21	31-Mar-20	31-Mar-19
Total Income	2,23,660.74	2,79,448.95	2,88,588.53
Profit After Tax	16,583.32	12,147.04	8,484.60
Net Worth	68,976.87	52,272.04	39,934.67
Reserves and Surplus	64,560.51	47,878.34	35,584.67

Summary of financial Information (standalone)
Particulars	For the year/period ended (Rs. in Crores)
	31-Dec-21	31-Mar-21	31-Mar-20	31-Mar-19
Total Income	2,871.85	2,343.27	1983.22	2340.74
Profit After Tax	603.52	376.42	135.54	207.13
Net Worth	2,789.34	2221.25	1867.39	1743.43
Reserves and Surplus	2,753.29	2185.20	1831.34	1707.38

Stock price at BSE

Stock price at BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Feb-2022	129.80	101.15	119.89
Jan-2022	142.30	96.50	118.36
Dec-2021	103.90	72.50	90.82

Stock price at BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Mar-2022	1195.60	847.70	1058.66
Feb-2022	959.45	730.00	843.03
Jan-2022	875.00	758.00	807.21

Stock price at NSE

Stock price at NSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Feb-2022	129.35	101.00	120.46
Jan-2022	142.80	96.55	120.76
Dec-2021	104.00	72.35	91.36

Stock price at NSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Mar-2022	1197.60	845.05	1059.86
Feb-2022	960.00	727.05	843.90
Jan-2022	877.00	756.80	807.47

Compare with others

Filatex India Limited	Sarda Energy & Minerals Limited
IndiaMART InterMESH Buyback	Motilal Oswal Financial Services Buyback
Sinclairs Hotels Buyback	Matrimony.com Buyback
Sarda Energy & Minerals Buyback	SMC Global Securities Buyback
UPL Limited Buyback 2022	IndiaMART InterMESH Buyback
GAIL (India) Buyback	Sinclairs Hotels Buyback
Atul Limited Buyback	UPL Limited Buyback 2022
Pennar Industries Buyback	GAIL (India) Buyback
Gulf Oil Lubricants Buyback Feb 22	Filatex India Buyback
FDC Buyback	Atul Limited Buyback
K.P.R Mill Buyback	Pennar Industries Buyback

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