SIS Buyback vs Smartlink Holdings Buyback

Comparision 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 Limited

Smartlink Holdings Limited

Logo

Type of Buyback

Tender Offer

Listing At

BSE, NSE

Face Value

₹5 per share

₹2 per share

Buyback Price

₹550 per share

₹95 per share

Issue Size

18,18,181 shares

33,25,000 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.

Registrar

Link Intime India Private Ltd

Kfin Technologies Limited

Lead Managers

ICICI Securities Limited

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 Limited	Smartlink Holdings Limited
Record Date	Apr 09, 2021	Mar 01, 2021
Offer Open Date	May 12, 2021	Apr 30, 2021
Offer Closure Date	May 27, 2021	May 14, 2021
Last date for receipt of tender forms	May 29, 2021	May 17, 2021
Finalisation of buyback	Jun 04, 2021	May 21, 2021
Last Date for settlment of bids	Jun 07, 2021	May 25, 2021
Last Date for extinguishment of shares	Jun 14, 2021	Jun 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 Limited

Smartlink Holdings Limited

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

SIS Limited	Smartlink Holdings Limited
Infosys Buyback	Welspun India Buyback
Welspun India Buyback	Navneet Education Buyback
Navneet Education Buyback	Infobeans Technologies Buyback
Infobeans Technologies Buyback	Quick Heal Technologies Buyback
Quick Heal Technologies Buyback	SIS Buyback
Smartlink Holdings Buyback	Aarti Drugs Buyback
Aarti Drugs Buyback	Insecticides India Buyback
Insecticides India Buyback	Gujarat Apollo Industries Buyback
Gujarat Apollo Industries Buyback	Savita Oil Buyback
Savita Oil Buyback	NIIT Buyback

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