SIS Limited Buyback vs Tanla Platforms Buyback 2022

Comparision between SIS Limited Buyback and Tanla Platforms Buyback 2022.

Buyback Details

SIS Limited Buyback is a Tender Offer buyback proposed to list at BSE while Tanla Platforms Buyback 2022 is a Tender Offer proposed to list at BSE, NSE.

SIS Limited

Tanla Platforms Limited

Logo

Type of Buyback

Tender Offer

Listing At

BSE

BSE, NSE

Face Value

₹5 per share

₹1 per share

Buyback Price

₹550 per share

₹1200 per share

Issue Size

14,54,545 shares

14,16,667 shares

Issue Size (Amount)

₹80.00 Crores

₹170.00 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.

Category	Entitlement Ratio of Buyback
Reserved Category for Small Shareholders	17 Equity Share out of every 625 Fully paid-up Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders	11 Equity Shares out of every 1169 Fully paid-up Equity Shares held on the Record Date.

Registrar

Link Intime India Private Ltd

Kfin Technologies Limited

Lead Managers

Edelweiss Financial Services Ltd

Hdfc Bank Limited

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.

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.

Buyback Timetable

SIS Limited Buyback and Tanla Platforms Buyback 2022 buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. SIS Limited Buyback Buyback record date is Aug 30, 2022. Tanla Platforms Buyback 2022 Buyback record date is Oct 25, 2022.

	SIS Limited	Tanla Platforms Limited
Record Date	Aug 30, 2022	Oct 25, 2022
Offer Open Date	Oct 04, 2022	Dec 20, 2022
Offer Closure Date	Oct 18, 2022	Jan 02, 2023
Last date for receipt of tender forms	Oct 27, 2022	Jan 02, 2023
Finalisation of buyback	Oct 28, 2022	Jan 10, 2023
Last Date for settlment of bids	Oct 31, 2022	Jan 11, 2023
Last Date for extinguishment of shares	Nov 07, 2022	Jan 18, 2023

Financial Details and Other Relevent Information

Comparison of SIS Limited Buyback and Tanla Platforms Buyback 2022 financial data. The table below also includes a list of all relevant information like Stock Market Data, Compay Information, Lead Manager and Registrar.

SIS Limited

Tanla Platforms Limited

Financial

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

Tanla Platforms Limited Financial Information (Restated)
Period Ended	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus
31-Mar-20	1955.2	-211.17	701.73	687.14
31-Mar-21	2363.4	356.14	893.1	879.5
31-Mar-22	3222.1	539.28	1354.04	1340.47
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 BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Apr-2022	1638.20	1402.80	1501.19
May-2022	1503.65	1144.00	1278.79
Jun-2022	1447.00	938.50	1155.91

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

Stock price at NSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Apr-2022	893.80	710.20	779.44
May-2022	825.00	684.00	736.80
Jun-2022	1025.00	584.50	915.73

Compare with others

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

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