SIS Buyback vs Smartlink Holdings Buyback

Comparison between SIS Buyback and Smartlink Holdings Buyback.

Buyback Details

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

 SIS Ltd.Smartlink Holdings Ltd.
LogoSIS Buyback LogoSmartlink Holdings Buyback Logo
Type of BuybackTender OfferTender Offer
Listing AtBSE, NSEBSE, NSE
Face Value₹5 per share₹2 per share
Buyback Price₹550 per share₹95 per share
Issue Size18,18,181 shares33,25,000 shares
Issue Size (Amount)₹100.00 Crores₹31.59 Crores
Buyback Ratio
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.
Category Entitlement Ratio of Buyback
Reserved Category for Small Shareholders 1 Equity Share out of every 4 Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders 1 Equity Share out of every 4 Equity Shares held on the Record Date.
RegistrarMUFG Intime India Pvt.Ltd.Kfin Technologies Ltd.
Lead ManagersICICI Securities Ltd.ICICI Securities Ltd.
Necessity of the buyback

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.

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.

Buyback Timetable

SIS Buyback and Smartlink Holdings Buyback buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. SIS Buyback Buyback record date is Apr 09, 2021. Smartlink Holdings Buyback Buyback record date is Mar 01, 2021.

 SIS Ltd.Smartlink Holdings Ltd.
Record DateApr 09, 2021Mar 01, 2021
Offer Open DateMay 12, 2021Apr 30, 2021
Offer Closure DateMay 27, 2021May 14, 2021
Last date for receipt of tender formsMay 29, 2021May 17, 2021
Finalisation of buybackJun 04, 2021May 21, 2021
Last Date for settlment of bidsJun 07, 2021May 25, 2021
Last Date for extinguishment of sharesJun 14, 2021Jun 01, 2021

Financial Details and Other Relevent Information

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

 SIS Ltd.Smartlink Holdings Ltd.
Financial
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
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 757.02 1,080.57 984.49
Profit After Tax (142.66) (29.49) (33.08)
Net Worth 1,793.67 2,510.38 3,123.37
Stock price at BSE

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 BSE (in preceding 3 months)

Month High Price Low Price Average Price
Feb-2021 92.40 83.50 88.41
Jan-2021 92.00 84.30 87.96
Dec-2021 107.45 72.60 90.36
Stock price at NSE

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

Stock price at NSE (in preceding 3 months)

Month High Price Low Price Average Price
Feb-2021 92.60 86.50 88.24
Jan-2021 92.00 84.30 87.96
Dec-2021 107.45 72.60 90.36

Compare with others

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SIS Buyback and Smartlink Holdings Buyback