Comparison between Filatex India Buyback and Sinclairs Hotels Buyback.
Filatex India Buyback is a Tender Offer buyback proposed to list at BSE, NSE while Sinclairs Hotels Buyback is a Tender Offer proposed to list at BSE.
| Filatex India Ltd. | Sinclairs Hotels Ltd. | |||||||
|---|---|---|---|---|---|---|---|---|
| Logo |  |  | ||||||
| Type of Buyback | Tender Offer | Tender Offer | ||||||
| Listing At | BSE, NSE | BSE | ||||||
| Face Value | ₹2 per share | ₹2 per share | ||||||
| Buyback Price | ₹140 per share | ₹143 per share | ||||||
| Issue Size | 42,50,000 shares | 7,00,000 shares | ||||||
| Issue Size (Amount) | ₹59.50 Crores | ₹10.01 Crores | ||||||
| Buyback Ratio |
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| Registrar | MCS Share Transfer Agent Ltd. | Niche Technologies Pvt.Ltd. | ||||||
| Lead Managers | Corporate Professionals Capital Pvt.Ltd. | |||||||
| 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 reason: 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 would help in improving return on equity, by the reduction in the equity base, thereby leading to a long term increase in shareholders' value. |
Filatex India Buyback and Sinclairs Hotels 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. Sinclairs Hotels Buyback Buyback record date is May 13, 2022.
| Filatex India Ltd. | Sinclairs Hotels Ltd. | |
|---|---|---|
| Record Date | Apr 08, 2022 | May 13, 2022 |
| Offer Open Date | May 09, 2022 | Jun 03, 2022 |
| Offer Closure Date | May 23, 2022 | Jun 16, 2022 |
| Last date for receipt of tender forms | May 23, 2022 | |
| Finalisation of buyback | May 27, 2022 | |
| Last Date for settlment of bids | Jun 01, 2022 | |
| Last Date for extinguishment of shares | Jun 08, 2022 |
Comparison of Filatex India Buyback and Sinclairs Hotels Buyback financial data. The table below also includes a list of all relevant information like Stock Market Data, Compay Information, Lead Manager and Registrar.
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| Stock price at BSE | Stock price at BSE (in preceding 3 months)
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| Stock price at NSE | Stock price at NSE (in preceding 3 months)
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