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May 12, 2021 - May 27, 2021

SIS Limited Buyback (SIS Buyback) Detail

Incorporated in January 1985, SIS Limited, along with its subsidiaries is engaged in the business of providing private security services, cash logistics services, and facility management services across India.

SIS Group is a leading provider of security services both in India and Australia with diverse solutions across the security spectrum that include security design and solutions, fire rescue services, event security, VIP protection, aviation security, emergency response, investigation work, and integrated technology solutions providing man-tech solutions.

The cash logistic services provided by SIS include transportation of bank notes and other valuables, doorstep banking as well as cash processing, ATM-related services, and vault-related services for bullion and cash.

The facility management services provided by SIS include janitorial services, disaster restoration and clean-up of damage,deployment of receptionists, lift operators, electricians, and plumbers, and pest and termite control.

SIS Buyback Detail

Issue PeriodMay 12, 2021 - May 27, 2021
Security NameSIS Limited
Issue TypeTender Offer
Issue Size (Shares)1,818,181
Issue Size (Amount)₹100.00 Crores
Buyback Price₹550 per share
Face Value₹5 per share
Listing AtBSE, NSE

SIS Buyback Issue Timetable

Record DateApril 9, 2021
Offer Opens OnMay 12, 2021
Last Date for receipt of Tender FormsMay 29, 2021
Offer Closes On *May 27, 2021
Finalisation of Buyback AcceptanceJune 4, 2021
Last Date for settlment of bidsJune 7, 2021
Last Date for Extinguishment of SharesJune 14, 2021

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.

Company Financials

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

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 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

Necessity of the Issue

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.

SIS Buyback Documents

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Company Contact Information

SIS Limited
Annapoorna Bhawan,
Telephone Exchange Road, Kurji,
Patna- 800 010

Phone: +91 612 226 6666
Email: shareholders@sisindia.com
Website: https://sisindia.com/

SIS Buyback Registrar

  1. Link Intime India Private Ltd
       Link Intime India Private Ltd
       C 101, 247 Park, L.B.S.Marg,
       Vikhroli (West), Mumbai - 400083

    Phone: +91-22-4918 6270
    Email: sis.buyback@linkintime.co.in
    Website: https://linkintime.co.in/initial_offer/public-issues.html

SIS Buyback Manager

Lead Manager(s)

  1. ICICI Securities Limited

Registered Broker

  1. ICICI Securities Limited
    Email:

Find SIS Buyback Latest Update

SIS Buyback FAQs

The SIS Buyback opens on May 12, 2021, and closes on May 27, 2021.

The SIS Buyback last day to buy is not available as of now.

The SIS Buyback is a Tender Offer.

SIS Buyback Schedule

Buyback Opening DateMay 12, 2021
Buyback Closing DateMay 27, 2021
Last Date for receipt of Tender FormsMay 29, 2021
Finalisation of Buyback AcceptanceJune 4, 2021
Last Date for settlment of bidsJune 7, 2021
Last Date for Extinguishment of SharesJune 14, 2021

The SIS Buyback is being offered at Rs ₹550 per share per equity share.

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.

The record date for the SIS Buyback is April 9, 2021.

The issue size of SIS Buyback is of 1,818,181 equity shares at ₹550 per share aggregating upto ₹100.00 Crores.

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.

All the eligible Shareholders of the Company holding either Physical Shares or Demat Shares as on the Record Date can participate in the buyback offer through their Stock Broker.

The eligible shareholder holding the shares in Demat form needs to inform their broker the details of the Equity shares they wish to tender in the Buyback Offer. The shareholder needs to transfer the tendered shares to a Special account of the clearing corporation. The broker, in turn, would place an order on the stock exchange for the buyback.

The eligible shareholder holding the shares in physical form needs to approach their broker with original share certificates and supporting documents. Upon completion of document verification, the broker places an order on the stock exchange and submits the original share certificate and TRS to the registrar.

The tender form and TRS are optional in the case of Demat shares but mandatory in the case of physical shares.

The SIS Buyback offers an opportunity for the shareholders to exit their positions at a premium price. In case you stay invested you would have an increased percentage of shareholding in the company and improved earnings per share. Thus, one should understand the company fundamentals along with one's need, goals, and risk appetite to decide if one wants to stay invested or participate in the buyback offer.


2 Comments

2. DEEP NEOGY     Link|May 9, 2021 10:10:03 PM
what could be AR in SIS ltd ?
2.1. amit K singh   I Like It. 2|  Link|May 13, 2021 7:12:45 PM
Expected AR 25 % to 30 %.
2.2. amit K singh   I Like It. 2|  Link|June 4, 2021 2:43:37 PM
AR 22.25%
1. Earthking     Link|May 14, 2021 8:16:51 AM
Why in HDFC sec portal SIS buyback is not seen in dashboard ????

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