ACC Limited Buyback vs SIS Limited Buyback

Comparision between ACC Limited Buyback and SIS Limited Buyback.

Buyback Details

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

ACC Limited

SIS Limited

Logo

Type of Buyback

Open Market Through Stock Exchange

Tender Offer

Listing At

BSE, NSE

BSE

Face Value

₹10 per share

₹5 per share

Buyback Price

₹2300 per share

₹550 per share

Issue Size

14,54,545 shares

Issue Size (Amount)

₹11,259.98 Crores

₹80.00 Crores

Buyback Ratio

Category	Entitlement Ratio of Buyback
Reserved Category for Small Shareholders	11 Equity Share out of every 95 Fully paid-up Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders	2 Equity Shares out of every 235 Fully paid-up Equity Shares held on the Record Date.

Registrar

Link Intime India Private Ltd

Lead Managers

ICICI Securities Limited

Deutsche Equities India Private Limited

Edelweiss Financial Services Ltd

Necessity of the buyback

The Buyback is being undertaken for the following reasons:

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.
The Buyback may help in improving return on equity, by the reduction in the equity base, thereby leading to a long-term increase in shareholders' value.
The Buyback may lead to a reduction in outstanding Equity Shares, improvement in earnings per equity share, and enhanced return on equity.

Buyback Timetable

ACC Limited Buyback and SIS Limited Buyback buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. ACC Limited Buyback Buyback record date is . SIS Limited Buyback Buyback record date is Aug 30, 2022.

	ACC Limited	SIS Limited
Record Date		Aug 30, 2022
Offer Open Date	Aug 26, 2022	Oct 04, 2022
Offer Closure Date	Sep 09, 2022	Oct 18, 2022
Last date for receipt of tender forms		Oct 27, 2022
Finalisation of buyback		Oct 28, 2022
Last Date for settlment of bids		Oct 31, 2022
Last Date for extinguishment of shares		Nov 07, 2022

Financial Details and Other Relevent Information

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

ACC Limited

SIS Limited

Financial

ACC Limited Financial Information (Restated)
Period Ended	Total Revenue	Net Worth
31-Dec-19	15975.98	11546.93
31-Dec-20	14002.72	12702.37
31-Dec-21	16358.38	14312.18
Amount in ₹ Crore

SIS Limited Financial Information (Restated)
Period Ended	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus
31-Mar-21	9605.1	367.21	1830.76	1756.61
31-Mar-22	10111.75	325.93	2071.25	1997.74
Amount in ₹ Crore

Stock price at BSE

Stock price at BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Jul-2022	477.00	438.25	452.71
Jun-2022	485.00	435.15	455.06
May-2022	510.20	451.00	480.75

Stock price at NSE

Stock price at NSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Jul-2022	480.60	435.50	452.79
Jun-2022	485.00	434.90	455.38
May-2022	510.85	451.00	481.12

Compare with others

ACC Limited	SIS Limited
Infosys Buyback 2022	SP Apparels Buyback
SP Apparels Buyback	Shyam Century Ferrous Buyback
Shyam Century Ferrous Buyback	Tanla Platforms Buyback 2022
Tanla Platforms Buyback 2022	Mindteck India Buyback
Mindteck India Buyback	ACC Limited Buyback
SIS Limited Buyback	TCI Express Buyback
TCI Express Buyback	Granules India Buyback
Granules India Buyback	Suraj Limited Buyback
Suraj Limited Buyback	Quick Heal Technologies Buyback 2022
Quick Heal Technologies Buyback 2022	CARE Ratings Buyback

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