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Filatex India Buyback vs Sarda Energy & Minerals Buyback

Comparision between Filatex India Buyback and Sarda Energy & Minerals Buyback.

Buyback Details

Filatex India Buyback is a Tender Offer buyback proposed to list at BSE, NSE while Sarda Energy & Minerals Buyback is a Tender Offer proposed to list at BSE, NSE.

  Filatex India Limited Sarda Energy & Minerals Limited
Logo Filatex India Buyback Logo Sarda Energy & Minerals Buyback Logo
Type of Buyback Tender Offer Tender Offer
Listing At BSE, NSE BSE, NSE
Face Value ₹2 per share ₹10 per share
Buyback Price ₹140 per share ₹1500 per share
Issue Size 42,50,000 shares 8,11,108 shares
Issue Size (Amount) ₹59.50 Crores ₹121.67 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.
Category Entitlement Ratio of Buyback
Reserved Category for Small Shareholders 101 Equity Share out of every 823 Fully paid-up Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders 6 Equity Share out of every 299 Fully paid-up Equity Shares held on the Record Date.
Registrar Mcs Share Transfer Agent Limited Bigshare Services Pvt Ltd
Lead Managers Corporate Professionals Capital Private Ltd Hem Securities 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 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 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.

Buyback Timetable

Filatex India Buyback and Sarda Energy & Minerals 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. Sarda Energy & Minerals Buyback Buyback record date is May 06, 2022.

  Filatex India Limited Sarda Energy & Minerals Limited
Record Date Apr 08, 2022 May 06, 2022
Offer Open Date May 09, 2022 Jun 02, 2022
Offer Closure Date May 23, 2022 Jun 15, 2022
Last date for receipt of tender forms May 23, 2022 Jun 15, 2022
Finalisation of buyback May 27, 2022 Jun 24, 2022
Last Date for settlment of bids Jun 01, 2022 Jun 27, 2022
Last Date for extinguishment of shares Jun 08, 2022 Jul 04, 2022

Financial Details and Other Relevent Information

Comparison of Filatex India Buyback and Sarda Energy & Minerals 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 Sarda Energy & Minerals 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 (standalone)
Particulars For the year/period ended (Rs. in Crores)
  31-Dec-21 31-Mar-21 31-Mar-20 31-Mar-19
Total Income 2,871.85 2,343.27 1983.22 2340.74
Profit After Tax 603.52 376.42 135.54 207.13
Net Worth 2,789.34 2221.25 1867.39 1743.43
Reserves and Surplus 2,753.29 2185.20 1831.34 1707.38
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 1195.60 847.70 1058.66
Feb-2022 959.45 730.00 843.03
Jan-2022 875.00 758.00 807.21
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

Stock price at NSE (in preceding 3 months)

Month High Price Low Price Average Price
Mar-2022 1197.60 845.05 1059.86
Feb-2022 960.00 727.05 843.90
Jan-2022 877.00 756.80 807.47

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