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Smartlink Holdings Buyback vs Welspun India Buyback

Comparison between Smartlink Holdings Buyback and Welspun India Buyback.

Buyback Details

Smartlink Holdings Buyback is a Tender Offer buyback proposed to list at BSE, NSE while Welspun India Buyback is a Tender Offer proposed to list at BSE, NSE.

 Smartlink Holdings Ltd.Welspun India Ltd.
LogoSmartlink Holdings Buyback LogoWelspun India Buyback Logo
Type of BuybackTender OfferTender Offer
Listing AtBSE, NSEBSE, NSE
Face Value₹2 per share₹1 per share
Buyback Price₹95 per share₹120 per share
Issue Size33,25,000 shares1,66,66,666 shares
Issue Size (Amount)₹31.59 Crores₹200.00 Crores
Buyback Ratio
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.
Category Entitlement Ratio of Buyback
Reserved Category for Small Shareholders 43 Equity Shares out of every 469 fully paid-up Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders 1 Equity Shares out of every 69 fully paid-up Equity Shares held on the Record Date.
RegistrarKfin Technologies Ltd.MUFG Intime India Pvt.Ltd.
Lead ManagersICICI Securities Ltd.Dam Capital Advisors Ltd.
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.

The Buyback aims to :
i) Return surplus cash to the shareholders and enhance overall return to the shareholders.
ii) Improve Return on Equity, Earnings per share, enhance return on invested capital, and thereby enhance shareholder value in the long term.

Buyback Timetable

Smartlink Holdings Buyback and Welspun India Buyback buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. Smartlink Holdings Buyback Buyback record date is Mar 01, 2021. Welspun India Buyback Buyback record date is May 26, 2021.

 Smartlink Holdings Ltd.Welspun India Ltd.
Record DateMar 01, 2021May 26, 2021
Offer Open DateApr 30, 2021Jun 22, 2021
Offer Closure DateMay 14, 2021Jul 05, 2021
Last date for receipt of tender formsMay 17, 2021Jul 07, 2021
Finalisation of buybackMay 21, 2021Jul 13, 2021
Last Date for settlment of bidsMay 25, 2021Jul 14, 2021
Last Date for extinguishment of sharesJun 01, 2021Jul 21, 2021

Financial Details and Other Relevent Information

Comparison of Smartlink Holdings Buyback and Welspun India Buyback financial data. The table below also includes a list of all relevant information like Stock Market Data, Compay Information, Lead Manager and Registrar.

 Smartlink Holdings Ltd.Welspun India Ltd.
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 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
Summary of financial Information standalone)
Particulars For the year/period ended (Rs. in Millions)
31-Mar-21 31-Mar-20 31-Mar-19
Total Income 60,395.66 53,667.09 54,783.04
Profit After Tax 5,266.70 4,748.92 1,417.65
Net Worth 31,433.21 26,117.12 22,942.79
Stock price at BSE

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 BSE (in preceding 3 months)

Month High Price Low Price Average Price
Apr-2021 87.90 75.55 80.30
Mar-2021 87.60 67.35 77.50
Feb-2021 74.90 65.70 68.60
Stock price at NSE

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

Stock price at NSE (in preceding 3 months)

Month High Price Low Price Average Price
Apr-2021 87.50 75.55 80.40
Mar-2021 87.60 67.40 77.60
Feb-2021 75.00 65.40 68.60

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Compare:

Smartlink Holdings Buyback and Welspun India Buyback