Savita Oil Buyback vs Smartlink Holdings Buyback

Comparision between Savita Oil Buyback and Smartlink Holdings Buyback.

Buyback Details

Savita Oil 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.

Savita Oil Technologies Limited

Smartlink Holdings Limited

Logo

Type of Buyback

Tender Offer

Listing At

BSE, NSE

Face Value

₹10 per share

₹2 per share

Buyback Price

₹1400 per share

₹95 per share

Issue Size

2,51,000 shares

33,25,000 shares

Issue Size (Amount)

₹35.14 Crores

₹31.59 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	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.

Registrar

Link Intime India Private Ltd

Kfin Technologies Limited

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.

Buyback Timetable

Savita Oil Buyback and Smartlink Holdings 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. Smartlink Holdings Buyback Buyback record date is Mar 01, 2021.

	Savita Oil Technologies Limited	Smartlink Holdings Limited
Record Date	Mar 05, 2021	Mar 01, 2021
Offer Open Date	Apr 15, 2021	Apr 30, 2021
Offer Closure Date	Apr 29, 2021	May 14, 2021
Last date for receipt of tender forms	May 03, 2021	May 17, 2021
Finalisation of buyback	May 07, 2021	May 21, 2021
Last Date for settlment of bids	May 10, 2021	May 25, 2021
Last Date for extinguishment of shares	May 17, 2021	Jun 01, 2021

Financial Details and Other Relevent Information

Comparison of Savita Oil 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.

Savita Oil Technologies Limited

Smartlink Holdings 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	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
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
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
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
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

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

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