Shyam Century Ferrous Buyback vs SIS Limited Buyback

Comparision between Shyam Century Ferrous Buyback and SIS Limited Buyback.

Buyback Details

Shyam Century Ferrous Buyback is a Tender Offer buyback proposed to list at BSE, NSE while SIS Limited Buyback is a Tender Offer proposed to list at BSE.

Shyam Century Ferrous Limited

SIS Limited

Logo

Type of Buyback

Tender Offer

Listing At

BSE, NSE

BSE

Face Value

₹1 per share

₹5 per share

Buyback Price

₹28 per share

₹550 per share

Issue Size

1,00,00,000 shares

14,54,545 shares

Issue Size (Amount)

₹28.00 Crores

₹80.00 Crores

Buyback Ratio

Category	Entitlement Ratio of Buyback
Reserved Category for Small Shareholders	50 Equity Share out of every 839 Fully paid-up Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders	104 Equity Shares out of every 2413 Fully paid-up Equity Shares held on the Record Date.

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

Maheshwari Datamatics Pvt. Ltd

Link Intime India Private Ltd

Lead Managers

Horizon Financial Pvt Ltd

Edelweiss Financial Services 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:

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

Shyam Century Ferrous Buyback and SIS Limited Buyback 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. SIS Limited Buyback Buyback record date is Aug 30, 2022.

	Shyam Century Ferrous Limited	SIS Limited
Record Date	Sep 27, 2022	Aug 30, 2022
Offer Open Date	Oct 25, 2022	Oct 04, 2022
Offer Closure Date	Nov 09, 2022	Oct 18, 2022
Last date for receipt of tender forms	Nov 10, 2022	Oct 27, 2022
Finalisation of buyback	Nov 17, 2022	Oct 28, 2022
Last Date for settlment of bids	Nov 18, 2022	Oct 31, 2022
Last Date for extinguishment of shares	Nov 25, 2022	Nov 07, 2022

Financial Details and Other Relevent Information

Comparison of Shyam Century Ferrous 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.

Shyam Century Ferrous Limited

SIS Limited

Financial

Shyam Century Ferrous Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus	Total Borrowing
31-Mar-20	131.18	89.14	-0.03	54.32	32.1	1.22
31-Mar-21	134.74	135.68	2.81	57.13	34.92	4.65
31-Mar-22		212.5	56.86	114.01	91.8	0.43
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
Aug-2022	23.80	19.70	21.76
Jul-2022	24.55	19.25	21.95
Jun-2022	25.85	18.40	21.61

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
Aug-2022	23.80	19.75	21.76
Jul-2022	24.55	19.30	21.97
Jun-2022	25.65	18.35	21.61

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

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ACC Limited Buyback	Suraj Limited Buyback
SIS Limited Buyback	Quick Heal Technologies Buyback 2022
TCI Express Buyback	CARE Ratings Buyback

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