IndiaMART InterMESH Buyback vs Sinclairs Hotels Buyback

Comparision between IndiaMART InterMESH Buyback and Sinclairs Hotels Buyback.

Buyback Details

IndiaMART InterMESH 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.

IndiaMART InterMESH Limited

Sinclairs Hotels Limited

Logo

Type of Buyback

Tender Offer

Listing At

BSE, NSE

BSE

Face Value

₹10 per share

₹2 per share

Buyback Price

₹6250 per share

₹143 per share

Issue Size

1,60,000 shares

7,00,000 shares

Issue Size (Amount)

₹100.00 Crores

₹10.01 Crores

Buyback Ratio

Category	Entitlement Ratio of Buyback
Reserved Category for Small Shareholders	1 Equity Share out of every 63 Fully paid-up Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders	4 Equity Shares out of every 861 Fully paid-up Equity Shares held on the Record Date.

Registrar

Link Intime India Private Ltd

Niche Technologies Pvt. Ltd

Lead Managers

Ambit Private Limited

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 its return on equity, by reducing the equity base, thereby leading to a long term increase in shareholders’ value.

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

IndiaMART InterMESH Buyback and Sinclairs Hotels Buyback buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. IndiaMART InterMESH Buyback Buyback record date is May 11, 2022. Sinclairs Hotels Buyback Buyback record date is May 13, 2022.

	IndiaMART InterMESH Limited	Sinclairs Hotels Limited
Record Date	May 11, 2022	May 13, 2022
Offer Open Date	Jun 02, 2022	Jun 03, 2022
Offer Closure Date	Jun 15, 2022	Jun 16, 2022
Last date for receipt of tender forms	Jun 15, 2022
Finalisation of buyback	Jun 23, 2022
Last Date for settlment of bids	Jun 24, 2022
Last Date for extinguishment of shares	Jul 01, 2022

Financial Details and Other Relevent Information

Comparison of IndiaMART InterMESH 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.

IndiaMART InterMESH Limited

Sinclairs Hotels 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	86,567.97	75,614.63	70,744.52
Profit After Tax	29,761.90	27,977.49	14,738.21
Net Worth	1,87,405.37	1,61,088.46	27,505.75

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
Mar-2022	4879.75	3965.35	4409.07
Feb-2022	5379.90	4551.20	5000.63
Jan-2022	6902.00	4350.00	6189.47

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
Mar-2022	4880.00	3960.00	4408.57
Feb-2022	5382.00	4555.00	5001.55
Jan-2022	6907.00	4301.10	6189.40

Compare with others

IndiaMART InterMESH Limited	Sinclairs Hotels Limited
Zydus Lifesciences Buyback	Asahi Songwon Colors Buyback
Asahi Songwon Colors Buyback	Motilal Oswal Financial Services Buyback
Motilal Oswal Financial Services Buyback	Matrimony.com Buyback
Matrimony.com Buyback	SMC Global Securities Buyback
SMC Global Securities Buyback	IndiaMART InterMESH Buyback
Sinclairs Hotels Buyback	Sarda Energy & Minerals Buyback
Sarda Energy & Minerals Buyback	UPL Limited Buyback 2022
UPL Limited Buyback 2022	GAIL (India) Buyback
GAIL (India) Buyback	Filatex India Buyback
Filatex India Buyback	Atul Limited Buyback

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