Comparison between IndiaMART InterMESH Buyback and Sarda Energy & Minerals Buyback.
IndiaMART InterMESH 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.
| IndiaMART InterMESH Ltd. | Sarda Energy & Minerals Ltd. | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Logo |  |  | ||||||||||||
| Type of Buyback | Tender Offer | Tender Offer | ||||||||||||
| Listing At | BSE, NSE | BSE, NSE | ||||||||||||
| Face Value | ₹10 per share | ₹10 per share | ||||||||||||
| Buyback Price | ₹6250 per share | ₹1500 per share | ||||||||||||
| Issue Size | 1,60,000 shares | 8,11,108 shares | ||||||||||||
| Issue Size (Amount) | ₹100.00 Crores | ₹121.67 Crores | ||||||||||||
| Buyback Ratio |
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| Registrar | MUFG Intime India Pvt.Ltd. | Bigshare Services Pvt.Ltd. | ||||||||||||
| Lead Managers | Ambit Pvt.Ltd. | Hem Securities 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 its return on equity, by reducing the equity base, thereby leading to a long term increase in shareholders’ value. | 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. |
IndiaMART InterMESH 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. IndiaMART InterMESH Buyback Buyback record date is May 11, 2022. Sarda Energy & Minerals Buyback Buyback record date is May 06, 2022.
| IndiaMART InterMESH Ltd. | Sarda Energy & Minerals Ltd. | |
|---|---|---|
| Record Date | May 11, 2022 | May 06, 2022 |
| Offer Open Date | Jun 02, 2022 | Jun 02, 2022 |
| Offer Closure Date | Jun 15, 2022 | Jun 15, 2022 |
| Last date for receipt of tender forms | Jun 15, 2022 | Jun 15, 2022 |
| Finalisation of buyback | Jun 23, 2022 | Jun 24, 2022 |
| Last Date for settlment of bids | Jun 24, 2022 | Jun 27, 2022 |
| Last Date for extinguishment of shares | Jul 01, 2022 | Jul 04, 2022 |
Comparison of IndiaMART InterMESH 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.
| IndiaMART InterMESH Ltd. | Sarda Energy & Minerals Ltd. | ||||||||||||||||||||||||||||||||||||||||||||||||||
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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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