Savita Oil Buyback vs SIS Buyback

Comparision between Savita Oil Buyback and SIS Buyback.

Buyback Details

Savita Oil Buyback is a Tender Offer buyback proposed to list at BSE, NSE while SIS Buyback is a Tender Offer proposed to list at BSE, NSE.

Savita Oil Technologies Limited

SIS Limited

Logo

Type of Buyback

Tender Offer

Listing At

BSE, NSE

Face Value

₹10 per share

₹5 per share

Buyback Price

₹1400 per share

₹550 per share

Issue Size

2,51,000 shares

18,18,181 shares

Issue Size (Amount)

₹35.14 Crores

₹100.00 Crores

Buyback Ratio

Category	Entitlement Ratio of Buyback
Reserved Category for Small Shareholders	1 Equity Shares out of every 21 Equity Shares held on the Record Date
General Category for all other Eligible Shareholders	1 Equity Shares out of every 62 Equity Shares held on the Record Date

Category	Entitlement Ratio of Buyback
Reserved Category for Small Shareholders	9 Equity Shares out of every 91 Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders	6 Equity Shares out of every 565 Equity Shares held on the Record Date.

Registrar

Link Intime India Private Ltd

Lead Managers

Iti Capital Ltd

ICICI Securities Limited

Necessity of the buyback

The Buy-back is being undertaken by the Company to:
i) To enhance the equity shareholders returns; and
ii) To improve financial ratios like earnings per share, return on equity, by reduction in the equity base.

The Buyback aims to :
i) Return surplus cash to the shareholders and enhance overall return to the shareholders.
ii) Improve Return on Equity to enhance shareholder value in the long term.
iii) Improve Earnings per equity share and thus thereby enhance return on invested capital.

Buyback Timetable

Savita Oil Buyback and SIS Buyback buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. Savita Oil Buyback Buyback record date is Mar 05, 2021. SIS Buyback Buyback record date is Apr 09, 2021.

	Savita Oil Technologies Limited	SIS Limited
Record Date	Mar 05, 2021	Apr 09, 2021
Offer Open Date	Apr 15, 2021	May 12, 2021
Offer Closure Date	Apr 29, 2021	May 27, 2021
Last date for receipt of tender forms	May 03, 2021	May 29, 2021
Finalisation of buyback	May 07, 2021	Jun 04, 2021
Last Date for settlment of bids	May 10, 2021	Jun 07, 2021
Last Date for extinguishment of shares	May 17, 2021	Jun 14, 2021

Financial Details and Other Relevent Information

Comparison of Savita Oil Buyback and SIS Buyback financial data. The table below also includes a list of all relevant information like Stock Market Data, Compay Information, Lead Manager and Registrar.

Savita Oil Technologies Limited

SIS Limited

Financial

Summary of financial Information (Standalone)
Particulars	For the year/period ended (Rs. in Lakhs)
	31-Mar-20	31-Mar-19	31-Mar-18
Total Income	2,05,778.42	2,28,091.73	1,83,418.04
Profit After Tax	9,564.24	11,427.01	12,619.59
Net Worth	86,858.47	85,160.48	74,230.93

Summary of financial Information (consolidated)
Particulars	For the year/period ended (Rs. in Millions)
	31-Mar-20	31-Mar-19	31-Mar-18
Total Income	30,407.96	25,250.05	21,426.48
Profit After Tax	863.28	1,192.61	730.11
Net Worth	7,579.71	7,284.10	6,064.51

Stock price at BSE

Stock price at BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Jan-2021	745.00	655.10	700.14
Dec-2020	800.00	695.00	724.13
Nov-2020	784.00	670.00	688.31

Stock price at BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Mar-2021	435.00	401.00	418.04
Feb-2021	465.00	396.05	421.39
Jan-2021	436.00	376.95	411.66

Stock price at NSE

Stock price at NSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Jan-2021	742.00	655.00	699.84
Dec-2020	845.70	691.00	723.66
Nov-2020	790.00	664.95	689.62

Stock price at NSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Mar-2021	435.30	400.10	417.97
Feb-2021	459.00	396.05	421.05
Jan-2021	433.75	385.00	411.73

Compare with others

Savita Oil Technologies Limited	SIS Limited
SIS Buyback	Infosys Buyback
Smartlink Holdings Buyback	Welspun India Buyback
Aarti Drugs Buyback	Navneet Education Buyback
Insecticides India Buyback	Infobeans Technologies Buyback
Gujarat Apollo Industries Buyback	Quick Heal Technologies Buyback
NIIT Buyback	Smartlink Holdings Buyback
Suprajit Engineering Buyback	Aarti Drugs Buyback
Bharat Rasayan Buyback	Insecticides India Buyback
Jagran Prakashan Buyback	Gujarat Apollo Industries Buyback
Nava Bharat Ventures Buyback	Savita Oil Buyback

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