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SMC Global Securities Buyback vs UPL Limited Buyback 2022

Comparision between SMC Global Securities Buyback and UPL Limited Buyback 2022.

Buyback Details

SMC Global Securities Buyback is a Open Market Through Stock Exchange buyback proposed to list at BSE, NSE while UPL Limited Buyback 2022 is a Open Market Through Stock Exchange proposed to list at BSE, NSE.

  SMC Global Securities Ltd UPL Limited
Logo SMC Global Securities Buyback Logo UPL Limited Buyback 2022 Logo
Type of Buyback Open Market Through Stock Exchange Open Market Through Stock Exchange
Listing At BSE, NSE BSE, NSE
Face Value ₹2 per share ₹2 per share
Buyback Price ₹115 per share ₹875 per share
Issue Size
Issue Size (Amount) ₹75.00 Crores ₹1,100.00 Crores
Buyback Ratio
Registrar Link Intime India Private Ltd Link Intime India Private Ltd
Lead Managers Corporate Professionals Capital Private Ltd Jm Financial 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 objective of the Buyback is to:

1. Improve return on equity, by a reduction in the equity base, thereby leading to a long term increase in Shareholders' value.

Buyback Timetable

SMC Global Securities Buyback and UPL Limited Buyback 2022 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 . UPL Limited Buyback 2022 Buyback record date is .

  SMC Global Securities Ltd UPL Limited
Record Date
Offer Open Date May 20, 2022 Apr 07, 2022
Offer Closure Date Aug 16, 2022 May 20, 2022
Last date for receipt of tender forms
Finalisation of buyback
Last Date for settlment of bids
Last Date for extinguishment of shares

Financial Details and Other Relevent Information

Comparison of SMC Global Securities Buyback and UPL Limited 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.

  SMC Global Securities Ltd UPL 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 (Standalone)
Particulars For the year/period ended (Rs. in Crores)
  31-Mar-21 31-Mar-20 31-Mar-19
Total Income 11,458 10,147 9,220
Profit After Tax 220 461 405
Net Worth 7,786 8,024 7,972
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
Oct-2021 761.75 686.15 727.60
Nov-2021 794.35 679.00 737.16
Dec-2021 767.00 681.85 734.65
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
Oct-2021 762.00 686.25 727.39
Nov-2021 794.00 678.55 736.82
Dec-2021 767.70 681.55 734.69

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