Filatex India Buyback vs Sinclairs Hotels Buyback

Comparision between Filatex India Buyback and Sinclairs Hotels Buyback.

Buyback Details

Filatex India Buyback is a Tender Offer buyback proposed to list at BSE, NSE while Sinclairs Hotels Buyback is a Tender Offer proposed to list at BSE.

Filatex India Limited

Sinclairs Hotels Limited

Logo

Type of Buyback

Tender Offer

Listing At

BSE, NSE

BSE

Face Value

₹2 per share

Buyback Price

₹140 per share

₹143 per share

Issue Size

42,50,000 shares

7,00,000 shares

Issue Size (Amount)

₹59.50 Crores

₹10.01 Crores

Buyback Ratio

Category	Entitlement Ratio of Buyback
Reserved Category for Small Shareholders	23 Equity Share out of every 226 Fully paid-up Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders	8 Equity Share out of every 485 Fully paid-up Equity Shares held on the Record Date.

Registrar

Mcs Share Transfer Agent Limited

Niche Technologies Pvt. Ltd

Lead Managers

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 financial ratios like earnings per share and return on equity, by reducing the equity base of the company.

The buyback is being undertaken for the following reason:

1. The Buyback will help the Company to return surplus cash to its shareholders holding equity shares broadly in proportion to their shareholding, thereby, enhancing the overall return to shareholders.

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

Buyback Timetable

Filatex India Buyback and Sinclairs Hotels Buyback buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. Filatex India Buyback Buyback record date is Apr 08, 2022. Sinclairs Hotels Buyback Buyback record date is May 13, 2022.

	Filatex India Limited	Sinclairs Hotels Limited
Record Date	Apr 08, 2022	May 13, 2022
Offer Open Date	May 09, 2022	Jun 03, 2022
Offer Closure Date	May 23, 2022	Jun 16, 2022
Last date for receipt of tender forms	May 23, 2022
Finalisation of buyback	May 27, 2022
Last Date for settlment of bids	Jun 01, 2022
Last Date for extinguishment of shares	Jun 08, 2022

Financial Details and Other Relevent Information

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

Filatex India Limited

Sinclairs Hotels Limited

Financial

Summary of financial Information (standalone)
Particulars	For the year/period ended (Rs. in Lakhs)
	31-Mar-21	31-Mar-20	31-Mar-19
Total Income	2,23,660.74	2,79,448.95	2,88,588.53
Profit After Tax	16,583.32	12,147.04	8,484.60
Net Worth	68,976.87	52,272.04	39,934.67
Reserves and Surplus	64,560.51	47,878.34	35,584.67

Summary of financial Information
Particulars	For the year/period ended (Rs. in Lakhs)
	31-Mar-21	31-Mar-20	31-Mar-19
Total Income	2,313.88	4,716.66	4,958.31
Profit After Tax	351.12	948.90	974.69
Net Worth	10,334.42	10,195.89	9,643.24

Stock price at BSE

Stock price at BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Feb-2022	129.80	101.15	119.89
Jan-2022	142.30	96.50	118.36
Dec-2021	103.90	72.50	90.82

Stock price at BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Mar-2022	100.00	75.00	89.23
Feb-2022	89.80	70.00	81.84
Jan-2022	78.50	60.00	73.56

Stock price at NSE

Stock price at NSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Feb-2022	129.35	101.00	120.46
Jan-2022	142.80	96.55	120.76
Dec-2021	104.00	72.35	91.36

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Pennar Industries Buyback	UPL Limited Buyback 2022
Gulf Oil Lubricants Buyback Feb 22	GAIL (India) Buyback
FDC Buyback	Filatex India Buyback
K.P.R Mill Buyback	Atul Limited Buyback

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