IndiaMART InterMESH Buyback vs SMC Global Securities Buyback

Comparision between IndiaMART InterMESH Buyback and SMC Global Securities Buyback.

Buyback Details

IndiaMART InterMESH Buyback is a Tender Offer buyback proposed to list at BSE, NSE while SMC Global Securities Buyback is a Open Market Through Stock Exchange proposed to list at BSE, NSE.

IndiaMART InterMESH Limited

SMC Global Securities Ltd

Logo

Type of Buyback

Tender Offer

Open Market Through Stock Exchange

Listing At

BSE, NSE

Face Value

₹10 per share

₹2 per share

Buyback Price

₹6250 per share

₹115 per share

Issue Size

1,60,000 shares

Issue Size (Amount)

₹100.00 Crores

₹75.00 Crores

Buyback Ratio

Category	Entitlement Ratio of Buyback
Reserved Category for Small Shareholders	1 Equity Share out of every 63 Fully paid-up Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders	4 Equity Shares out of every 861 Fully paid-up Equity Shares held on the Record Date.

Registrar

Link Intime India Private Ltd

Lead Managers

Ambit Private Limited

Corporate Professionals Capital Private Ltd

Necessity of the buyback

The buyback is being undertaken for the following reasons:

1. The Buyback will help the company to distribute surplus cash to its shareholders holding Equity shares broadly to the proportion of their shareholding, thereby, enhancing the overall return to shareholders.

2. The Buyback would help in improving its return on equity, by reducing the equity base, thereby leading to a long term increase in shareholders’ value.

The buyback aims to utilize the net proceeds towards the following objectives:

To improve the return on equity through the distribution of cash.
To improve earnings per share by reducing the equity base, thereby leading to a long-term increase in the value of shareholders.
The Buyback offer is a strategic decision of the company taken based on the assimilation of the operational cash needs in the medium term and for returning surplus funds to the members effectively and efficiently.

Buyback Timetable

IndiaMART InterMESH Buyback and SMC Global Securities Buyback buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. IndiaMART InterMESH Buyback Buyback record date is May 11, 2022. SMC Global Securities Buyback Buyback record date is .

	IndiaMART InterMESH Limited	SMC Global Securities Ltd
Record Date	May 11, 2022
Offer Open Date	Jun 02, 2022	May 20, 2022
Offer Closure Date	Jun 15, 2022	Aug 16, 2022
Last date for receipt of tender forms	Jun 15, 2022
Finalisation of buyback	Jun 23, 2022
Last Date for settlment of bids	Jun 24, 2022
Last Date for extinguishment of shares	Jul 01, 2022

Financial Details and Other Relevent Information

Comparison of IndiaMART InterMESH Buyback and SMC Global Securities Buyback financial data. The table below also includes a list of all relevant information like Stock Market Data, Compay Information, Lead Manager and Registrar.

IndiaMART InterMESH Limited

SMC Global Securities Ltd

Financial

Summary of financial Information (Consolidated)
Particulars	For the year/period ended (Rs. in Lakhs)
	31-Mar-22	31-Mar-21	31-Mar-20
Total Income	86,567.97	75,614.63	70,744.52
Profit After Tax	29,761.90	27,977.49	14,738.21
Net Worth	1,87,405.37	1,61,088.46	27,505.75

Summary of financial Information (Consolidated)
Particulars	For the year/period ended (Rs. in Lakhs)
	31-Mar-22	31-Mar-21	31-Mar-20
Total Income	1,12,082.08	90,820.11	78,413.45
Profit After Tax	17,456.85	10,501.53	2,386.17
Net Worth	92,610.38	77,270.90	68,141.91

Stock price at BSE

Stock price at BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Mar-2022	4879.75	3965.35	4409.07
Feb-2022	5379.90	4551.20	5000.63
Jan-2022	6902.00	4350.00	6189.47

Stock price at BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Apr-2022	86.80	77.75	82.13
Mar-2022	82.30	69.05	75.71
Feb-2022	89.00	68.55	77.98

Stock price at NSE

Stock price at NSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Mar-2022	4880.00	3960.00	4408.57
Feb-2022	5382.00	4555.00	5001.55
Jan-2022	6907.00	4301.10	6189.40

Stock price at NSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Apr-2022	86.40	73.85	82.48
Mar-2022	82.00	69.80	75.45
Feb-2022	88.65	70.05	79.71

Compare with others

IndiaMART InterMESH Limited	SMC Global Securities Ltd
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Asahi Songwon Colors Buyback	Zydus Lifesciences Buyback
Motilal Oswal Financial Services Buyback	Asahi Songwon Colors Buyback
Matrimony.com Buyback	Motilal Oswal Financial Services Buyback
SMC Global Securities Buyback	Matrimony.com Buyback
Sinclairs Hotels Buyback	IndiaMART InterMESH Buyback
Sarda Energy & Minerals Buyback	Sinclairs Hotels Buyback
UPL Limited Buyback 2022	Sarda Energy & Minerals Buyback
GAIL (India) Buyback	UPL Limited Buyback 2022
Filatex India Buyback	GAIL (India) Buyback

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