SMC Global Securities Buyback vs Zydus Lifesciences Buyback

Comparision between SMC Global Securities Buyback and Zydus Lifesciences Buyback.

Buyback Details

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

SMC Global Securities Ltd

Zydus Lifesciences Limited

Logo

Type of Buyback

Open Market Through Stock Exchange

Tender Offer

Listing At

BSE, NSE

Face Value

₹2 per share

₹1 per share

Buyback Price

₹115 per share

₹650 per share

Issue Size

1,15,38,461 shares

Issue Size (Amount)

₹75.00 Crores

₹750.00 Crores

Buyback Ratio

Category	Entitlement Ratio of Buyback
Reserved Category for Small Shareholders	26 Equity Share out of every 503 Fully paid-up Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders	1 Equity Shares out of every 101 Fully paid-up Equity Shares held on the Record Date.

Registrar

Link Intime India Private Ltd

Lead Managers

Corporate Professionals Capital Private Ltd

ICICI Securities Limited

Necessity of the buyback

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.

The buyback is being undertaken for the following reason:

1. The Buyback will help the Company to distribute a part of the surplus cash to its shareholders holding Equity Shares thereby, optimizing returns to the shareholders and enhancing the overall shareholders' value in longer term and improving the return on equity.

Buyback Timetable

SMC Global Securities Buyback and Zydus Lifesciences Buyback buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. SMC Global Securities Buyback Buyback record date is . Zydus Lifesciences Buyback Buyback record date is Jun 02, 2022.

	SMC Global Securities Ltd	Zydus Lifesciences Limited
Record Date		Jun 02, 2022
Offer Open Date	May 20, 2022	Jun 23, 2022
Offer Closure Date	Aug 16, 2022	Jul 06, 2022
Last date for receipt of tender forms		Jul 06, 2022
Finalisation of buyback		Jul 14, 2022
Last Date for settlment of bids		Jul 15, 2022
Last Date for extinguishment of shares		Jul 22, 2022

Financial Details and Other Relevent Information

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

SMC Global Securities Ltd

Zydus Lifesciences Limited

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	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

Summary of financial Information (Consolidated)
Particulars	For the year/period ended (Rs. in Million)
	31-Mar-22	31-Mar-21	31-Mar-20
Total Income	1,54,899	1,51,394	1,43,670
Profit After Tax	23,726	21,850	12,044
Net Worth	1,69,996	1,29,923	1,03,757

Stock price at BSE

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 BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Apr-2022	376.60	337.70	359.37
Mar-2022	379.00	331.00	359.62
Feb-2022	420.50	343.00	385.95

Stock price at NSE

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

Stock price at NSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Apr-2022	376.70	337.55	359.43
Mar-2022	378.60	331.55	359.63
Feb-2022	420.55	342.85	385.99

Compare with others

SMC Global Securities Ltd	Zydus Lifesciences Limited
Cigniti Technologies Buyback	Route Mobile Buyback
Zydus Lifesciences Buyback	Avonmore Capital Buyback
Asahi Songwon Colors Buyback	Birlasoft Limited Buyback
Motilal Oswal Financial Services Buyback	CL Educate Buyback
Matrimony.com Buyback	Cigniti Technologies Buyback
IndiaMART InterMESH Buyback	Asahi Songwon Colors Buyback
Sinclairs Hotels Buyback	Motilal Oswal Financial Services Buyback
Sarda Energy & Minerals Buyback	Matrimony.com Buyback
UPL Limited Buyback 2022	SMC Global Securities Buyback
GAIL (India) Buyback	IndiaMART InterMESH Buyback

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