Comparison between Shyam Century Ferrous Buyback and Tanla Platforms Buyback 2022.
Shyam Century Ferrous Buyback is a Tender Offer buyback proposed to list at BSE, NSE while Tanla Platforms Buyback 2022 is a Tender Offer proposed to list at BSE, NSE.
| Shyam Century Ferrous Ltd. | Tanla Platforms Ltd. | |||||||||||||
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| Type of Buyback | Tender Offer | Tender Offer | ||||||||||||
| Listing At | BSE, NSE | BSE, NSE | ||||||||||||
| Face Value | ₹1 per share | ₹1 per share | ||||||||||||
| Buyback Price | ₹28 per share | ₹1200 per share | ||||||||||||
| Issue Size | 1,00,00,000 shares | 14,16,667 shares | ||||||||||||
| Issue Size (Amount) | ₹28.00 Crores | ₹170.00 Crores | ||||||||||||
| Buyback Ratio |
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| Registrar | Maheshwari Datamatics Pvt.Ltd. | Kfin Technologies Ltd. | ||||||||||||
| Lead Managers | Horizon Financial Pvt.Ltd. | HDFC Bank Ltd. | ||||||||||||
| Necessity of the buyback | Necessity of the buyback : 1. The Buyback will help the Company to distribute 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 reduction in the equity base, thereby leading to long term increase in shareholders' value; 3. The Buyback would help in optimizing the capital structure. | The Buyback is being undertaken for the following reasons:
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Shyam Century Ferrous Buyback and Tanla Platforms Buyback 2022 buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. Shyam Century Ferrous Buyback Buyback record date is Sep 27, 2022. Tanla Platforms Buyback 2022 Buyback record date is Oct 25, 2022.
| Shyam Century Ferrous Ltd. | Tanla Platforms Ltd. | |
|---|---|---|
| Record Date | Sep 27, 2022 | Oct 25, 2022 |
| Offer Open Date | Oct 25, 2022 | Dec 20, 2022 |
| Offer Closure Date | Nov 09, 2022 | Jan 02, 2023 |
| Last date for receipt of tender forms | Nov 10, 2022 | Jan 02, 2023 |
| Finalisation of buyback | Nov 17, 2022 | Jan 10, 2023 |
| Last Date for settlment of bids | Nov 18, 2022 | Jan 11, 2023 |
| Last Date for extinguishment of shares | Nov 25, 2022 | Jan 18, 2023 |
Comparison of Shyam Century Ferrous Buyback and Tanla Platforms Buyback 2022 financial data. The table below also includes a list of all relevant information like Stock Market Data, Compay Information, Lead Manager and Registrar.
| Shyam Century Ferrous Ltd. | Tanla Platforms 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)
| Stock price at NSE (in preceding 3 months)
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