Sarda Energy & Minerals Buyback vs Sinclairs Hotels Buyback

Comparision between Sarda Energy & Minerals Buyback and Sinclairs Hotels Buyback.

Buyback Details

Sarda Energy & Minerals 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.

Sarda Energy & Minerals 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

₹1500 per share

₹143 per share

Issue Size

8,11,108 shares

7,00,000 shares

Issue Size (Amount)

₹121.67 Crores

₹10.01 Crores

Buyback Ratio

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

Bigshare Services Pvt Ltd

Niche Technologies Pvt. Ltd

Lead Managers

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 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

Sarda Energy & Minerals Buyback and Sinclairs Hotels Buyback buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. Sarda Energy & Minerals Buyback Buyback record date is May 06, 2022. Sinclairs Hotels Buyback Buyback record date is May 13, 2022.

	Sarda Energy & Minerals Limited	Sinclairs Hotels Limited
Record Date	May 06, 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 24, 2022
Last Date for settlment of bids	Jun 27, 2022
Last Date for extinguishment of shares	Jul 04, 2022

Financial Details and Other Relevent Information

Comparison of Sarda Energy & Minerals 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.

Sarda Energy & Minerals Limited

Sinclairs Hotels Limited

Financial

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

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	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 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	1197.60	845.05	1059.86
Feb-2022	960.00	727.05	843.90
Jan-2022	877.00	756.80	807.47

Compare with others

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

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