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IndiaMART InterMESH Buyback vs Sarda Energy & Minerals Buyback

Comparision between IndiaMART InterMESH Buyback and Sarda Energy & Minerals Buyback.

Buyback Details

IndiaMART InterMESH 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.

  IndiaMART InterMESH Limited Sarda Energy & Minerals Limited
Logo IndiaMART InterMESH Buyback Logo Sarda Energy & Minerals Buyback Logo
Type of Buyback Tender Offer Tender Offer
Listing At BSE, NSE BSE, NSE
Face Value ₹10 per share ₹10 per share
Buyback Price ₹6250 per share ₹1500 per share
Issue Size 1,60,000 shares 8,11,108 shares
Issue Size (Amount) ₹100.00 Crores ₹121.67 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.
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 Link Intime India Private Ltd Bigshare Services Pvt Ltd
Lead Managers Ambit Private Limited 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 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 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

IndiaMART InterMESH 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. IndiaMART InterMESH Buyback Buyback record date is May 11, 2022. Sarda Energy & Minerals Buyback Buyback record date is May 06, 2022.

  IndiaMART InterMESH Limited Sarda Energy & Minerals Limited
Record Date May 11, 2022 May 06, 2022
Offer Open Date Jun 02, 2022 Jun 02, 2022
Offer Closure Date Jun 15, 2022 Jun 15, 2022
Last date for receipt of tender forms Jun 15, 2022 Jun 15, 2022
Finalisation of buyback Jun 23, 2022 Jun 24, 2022
Last Date for settlment of bids Jun 24, 2022 Jun 27, 2022
Last Date for extinguishment of shares Jul 01, 2022 Jul 04, 2022

Financial Details and Other Relevent Information

Comparison of IndiaMART InterMESH 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.

  IndiaMART InterMESH Limited Sarda Energy & Minerals 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 (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
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 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
Mar-2022 4880.00 3960.00 4408.57
Feb-2022 5382.00 4555.00 5001.55
Jan-2022 6907.00 4301.10 6189.40

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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