Quick Heal Technologies Buyback 2022 vs SIS Limited Buyback

Comparision between Quick Heal Technologies Buyback 2022 and SIS Limited Buyback.

Buyback Details

Quick Heal Technologies Buyback 2022 is a Tender Offer buyback proposed to list at BSE, NSE while SIS Limited Buyback is a Tender Offer proposed to list at BSE.

Quick Heal Technologies Limited

SIS Limited

Logo

Type of Buyback

Tender Offer

Listing At

BSE, NSE

BSE

Face Value

₹10 per share

₹5 per share

Buyback Price

₹300 per share

₹550 per share

Issue Size

50,00,000 shares

14,54,545 shares

Issue Size (Amount)

₹150.00 Crores

₹80.00 Crores

Buyback Ratio

Category	Entitlement Ratio of Buyback
Reserved Category for Small Shareholders	10 Equity Share out of every 83 Fully paid-up Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders	5 Equity Shares out of every 61 Fully paid-up Equity Shares held on the Record Date.

Category	Entitlement Ratio of Buyback
Reserved Category for Small Shareholders	11 Equity Share out of every 95 Fully paid-up Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders	2 Equity Shares out of every 235 Fully paid-up Equity Shares held on the Record Date.

Registrar

Link Intime India Private Ltd

Lead Managers

Ambit Private Limited

Edelweiss Financial Services 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 thereby enhancing the overall return for them.

2. The Buyback is generally expected to improve return on equity through distribution of cash and improve earnings per share by reduction in the equity base of the Company, thereby leading to long term increase in shareholders' value

The Buyback is being undertaken for the following reasons:

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.
The Buyback may help in improving return on equity, by the reduction in the equity base, thereby leading to a long-term increase in shareholders' value.
The Buyback may lead to a reduction in outstanding Equity Shares, improvement in earnings per equity share, and enhanced return on equity.

Buyback Timetable

Quick Heal Technologies Buyback 2022 and SIS Limited Buyback buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. Quick Heal Technologies Buyback 2022 Buyback record date is Sep 14, 2022. SIS Limited Buyback Buyback record date is Aug 30, 2022.

	Quick Heal Technologies Limited	SIS Limited
Record Date	Sep 14, 2022	Aug 30, 2022
Offer Open Date	Oct 04, 2022	Oct 04, 2022
Offer Closure Date	Oct 18, 2022	Oct 18, 2022
Last date for receipt of tender forms	Oct 18, 2022	Oct 27, 2022
Finalisation of buyback	Oct 28, 2022	Oct 28, 2022
Last Date for settlment of bids	Oct 31, 2022	Oct 31, 2022
Last Date for extinguishment of shares	Nov 07, 2022	Nov 07, 2022

Financial Details and Other Relevent Information

Comparison of Quick Heal Technologies Buyback 2022 and SIS Limited Buyback financial data. The table below also includes a list of all relevant information like Stock Market Data, Compay Information, Lead Manager and Registrar.

Quick Heal Technologies Limited

SIS Limited

Financial

Quick Heal Technologies Limited Financial Information (Restated)
Period Ended	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus
31-Mar-20	317.73	74.41	644.07	579.86
31-Mar-21	357.2	106.97	751.48	687.27
31-Mar-22	361.1	83.19	627.63	569.62
Amount in ₹ Crore

SIS Limited Financial Information (Restated)
Period Ended	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus
31-Mar-21	9605.1	367.21	1830.76	1756.61
31-Mar-22	10111.75	325.93	2071.25	1997.74
Amount in ₹ Crore

Stock price at BSE

Stock price at BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Jul-2022	218.25	153.00	182.14
Jun-2022	178.25	143.95	160.63
May-2022	194.00	161.75	175.92

Stock price at BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Jul-2022	477.00	438.25	452.71
Jun-2022	485.00	435.15	455.06
May-2022	510.20	451.00	480.75

Stock price at NSE

Stock price at NSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Jul-2022	218.00	152.85	182.06
Jun-2022	174.90	141.00	160.74
May-2022	186.60	160.60	175.80

Stock price at NSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Jul-2022	480.60	435.50	452.79
Jun-2022	485.00	434.90	455.38
May-2022	510.85	451.00	481.12

Compare with others

Quick Heal Technologies Limited	SIS Limited
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SIS Limited Buyback	Shyam Century Ferrous Buyback
TCI Express Buyback	Tanla Platforms Buyback 2022
Granules India Buyback	Mindteck India Buyback
Suraj Limited Buyback	ACC Limited Buyback
CARE Ratings Buyback	TCI Express Buyback
Techno Electric Buyback	Granules India Buyback
Marksans Pharma Buyback	Suraj Limited Buyback
Bajaj Auto Buyback	Quick Heal Technologies Buyback 2022
Route Mobile Buyback	CARE Ratings Buyback

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