Atul Limited Buyback vs Sinclairs Hotels Buyback

Comparision between Atul Limited Buyback and Sinclairs Hotels Buyback.

Buyback Details

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

	Atul Limited	Sinclairs Hotels Limited
Logo
Type of Buyback	Open Market Through Stock Exchange	Tender Offer
Listing At	BSE, NSE	BSE
Face Value	₹10 per share	₹2 per share
Buyback Price	₹11000 per share	₹143 per share
Issue Size		7,00,000 shares
Issue Size (Amount)	₹70.00 Crores	₹10.01 Crores
Buyback Ratio
Registrar	Link Intime India Private Ltd	Niche Technologies Pvt. Ltd
Lead Managers	Vivro Financial Services Private Limited
Necessity of the buyback	The Buy-back aims to: 1. Return surplus funds to the equity shareholders of the Company. 2. Improve earnings per share by reducing the equity base, thereby leading to a long-term increase in the value of shareholders.	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.

Buyback Timetable

Atul Limited Buyback and Sinclairs Hotels Buyback buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. Atul Limited Buyback Buyback record date is . Sinclairs Hotels Buyback Buyback record date is May 13, 2022.

	Atul Limited	Sinclairs Hotels Limited
Record Date		May 13, 2022
Offer Open Date	Apr 07, 2022	Jun 03, 2022
Offer Closure Date	May 09, 2022	Jun 16, 2022
Last date for receipt of tender forms
Finalisation of buyback
Last Date for settlment of bids
Last Date for extinguishment of shares

Financial Details and Other Relevent Information

Comparison of Atul Limited 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.

Atul Limited

Sinclairs Hotels Limited

Financial

Summary of financial Information (Consolidated)
Particulars	For the year/period ended (Rs. in Crores)
	31-Mar-21	31-Mar-20	31-Mar-19
Total Income	3,834.45	4,171.10	4,072.67
Profit After Tax	660.02	670.91	436.02
Net Worth	3,826.52	3,154.90	2,705.71

Summary of financial Information
Particulars	For the year/period ended (Rs. in Lakhs)
	31-Mar-21	31-Mar-20	31-Mar-19
Total Income	2,313.88	4,716.66	4,958.31
Profit After Tax	351.12	948.90	974.69
Net Worth	10,334.42	10,195.89	9,643.24

Stock price at BSE

Stock price at BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Feb-2022	9852.10	8627.90	9361.13
Jan-2022	10859.00	8966.80	9709.73
Dec-2021	9121.75	8302.30	8787.72

Stock price at BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Mar-2022	100.00	75.00	89.23
Feb-2022	89.80	70.00	81.84
Jan-2022	78.50	60.00	73.56

Stock price at NSE

Stock price at NSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Feb-2022	9899.95	8622.05	9359.34
Jan-2022	10856.80	8964.05	9714.97
Dec-2021	9124.70	8313.45	8784.29

Compare with others

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

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