Gujarat Apollo Industries Buyback vs Smartlink Holdings Buyback

Comparision between Gujarat Apollo Industries Buyback and Smartlink Holdings Buyback.

Buyback Details

Gujarat Apollo Industries Buyback is a Tender Offer buyback proposed to list at BSE, NSE while Smartlink Holdings Buyback is a Tender Offer proposed to list at BSE, NSE.

Gujarat Apollo Industries Limited

Smartlink Holdings Limited

Logo

Type of Buyback

Tender Offer

Listing At

BSE, NSE

Face Value

₹10 per share

₹2 per share

Buyback Price

₹222 per share

₹95 per share

Issue Size

8,61,915 shares

33,25,000 shares

Issue Size (Amount)

₹19.13 Crores

₹31.59 Crores

Buyback Ratio

Category	Entitlement Ratio of Buyback
Reserved Category for Small Shareholders	23 Equity Shares out of every 168 fully paid-up Equity Shares held on the Record Date
General Category for all other Eligible Shareholders	1 Equity Share out of every 16 fully paid-up Equity Shares held on the Record Date

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

Registrar

Link Intime India Private Ltd

Kfin Technologies Limited

Lead Managers

PL Capital Markets Private Limited

ICICI Securities Limited

Necessity of the buyback

The Buy-back is being undertaken by the Company to:
i) Effectively utilize surplus cash;
ii) Reduce the fully paid-up, issued and outstanding number of equity shares and consequently increase earnings per share; and
iii) Improve financial ratios like return on net worth and return on capital employed.

The Buyback aims to :
i) Return surplus cash to the shareholders and enhance overall return to the shareholders.
ii) Improve Return on Equity to enhance shareholder value in the long term.

Buyback Timetable

Gujarat Apollo Industries Buyback and Smartlink Holdings Buyback buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. Gujarat Apollo Industries Buyback Buyback record date is Feb 26, 2021. Smartlink Holdings Buyback Buyback record date is Mar 01, 2021.

	Gujarat Apollo Industries Limited	Smartlink Holdings Limited
Record Date	Feb 26, 2021	Mar 01, 2021
Offer Open Date	Apr 08, 2021	Apr 30, 2021
Offer Closure Date	Apr 26, 2021	May 14, 2021
Last date for receipt of tender forms	Apr 28, 2021	May 17, 2021
Finalisation of buyback	May 04, 2021	May 21, 2021
Last Date for settlment of bids	May 05, 2021	May 25, 2021
Last Date for extinguishment of shares	May 12, 2021	Jun 01, 2021

Financial Details and Other Relevent Information

Comparison of Gujarat Apollo Industries Buyback and Smartlink Holdings Buyback financial data. The table below also includes a list of all relevant information like Stock Market Data, Compay Information, Lead Manager and Registrar.

Gujarat Apollo Industries Limited

Smartlink Holdings Limited

Financial

Summary of financial Information (Standalone)
Particulars	For the year/period ended (Rs. in Lakhs)
	31-Mar-20	31-Mar-19	31-Mar-18
Total Income	4,586.77	4,623.41	9,677.86
Profit After Tax	1,028.52	625.46	1,036.82
Net Worth	25,786.30	25,195.93	25,325.43

Summary of financial Information (consolidated)
Particulars	For the year/period ended (Rs. in Millions)
	31-Mar-20	31-Mar-19	31-Mar-18
Total Income	757.02	1,080.57	984.49
Profit After Tax	(142.66)	(29.49)	(33.08)
Net Worth	1,793.67	2,510.38	3,123.37

Stock price at BSE

Stock price at BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Jan-2021	273.90	195.60	216.90
Dec-2020	218.25	187.80	200.71
Nov-2020	225.00	178.90	202.98

Stock price at BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Feb-2021	92.40	83.50	88.41
Jan-2021	92.00	84.30	87.96
Dec-2021	107.45	72.60	90.36

Stock price at NSE

Stock price at NSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Jan-2021	265.55	198.05	216.89
Dec-2020	219.80	191.15	200.88
Nov-2020	219.35	180.75	202.95

Stock price at NSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Feb-2021	92.60	86.50	88.24
Jan-2021	92.00	84.30	87.96
Dec-2021	107.45	72.60	90.36

Compare with others

Gujarat Apollo Industries Limited	Smartlink Holdings Limited
Quick Heal Technologies Buyback	Welspun India Buyback
SIS Buyback	Navneet Education Buyback
Smartlink Holdings Buyback	Infobeans Technologies Buyback
Aarti Drugs Buyback	Quick Heal Technologies Buyback
Insecticides India Buyback	SIS Buyback
Savita Oil Buyback	Aarti Drugs Buyback
NIIT Buyback	Insecticides India Buyback
Suprajit Engineering Buyback	Gujarat Apollo Industries Buyback
Bharat Rasayan Buyback	Savita Oil Buyback
Jagran Prakashan Buyback	NIIT Buyback

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