Sarda Energy & Minerals Buyback vs SMC Global Securities Buyback

Comparision between Sarda Energy & Minerals Buyback and SMC Global Securities Buyback.

Buyback Details

Sarda Energy & Minerals Buyback is a Tender Offer buyback proposed to list at BSE, NSE while SMC Global Securities Buyback is a Open Market Through Stock Exchange proposed to list at BSE, NSE.

Sarda Energy & Minerals Limited

SMC Global Securities Ltd

Logo

Type of Buyback

Tender Offer

Open Market Through Stock Exchange

Listing At

BSE, NSE

Face Value

₹10 per share

₹2 per share

Buyback Price

₹1500 per share

₹115 per share

Issue Size

8,11,108 shares

Issue Size (Amount)

₹121.67 Crores

₹75.00 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

Link Intime India Private Ltd

Lead Managers

Hem Securities Limited

Corporate Professionals Capital Private 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 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 aims to utilize the net proceeds towards the following objectives:

To improve the return on equity through the distribution of cash.
To improve earnings per share by reducing the equity base, thereby leading to a long-term increase in the value of shareholders.
The Buyback offer is a strategic decision of the company taken based on the assimilation of the operational cash needs in the medium term and for returning surplus funds to the members effectively and efficiently.

Buyback Timetable

Sarda Energy & Minerals Buyback and SMC Global Securities 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. SMC Global Securities Buyback Buyback record date is .

	Sarda Energy & Minerals Limited	SMC Global Securities Ltd
Record Date	May 06, 2022
Offer Open Date	Jun 02, 2022	May 20, 2022
Offer Closure Date	Jun 15, 2022	Aug 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 SMC Global Securities 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

SMC Global Securities Ltd

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 (Consolidated)
Particulars	For the year/period ended (Rs. in Lakhs)
	31-Mar-22	31-Mar-21	31-Mar-20
Total Income	1,12,082.08	90,820.11	78,413.45
Profit After Tax	17,456.85	10,501.53	2,386.17
Net Worth	92,610.38	77,270.90	68,141.91

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
Apr-2022	86.80	77.75	82.13
Mar-2022	82.30	69.05	75.71
Feb-2022	89.00	68.55	77.98

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

Stock price at NSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Apr-2022	86.40	73.85	82.48
Mar-2022	82.00	69.80	75.45
Feb-2022	88.65	70.05	79.71

Compare with others

Sarda Energy & Minerals Limited	SMC Global Securities Ltd
Motilal Oswal Financial Services Buyback	Cigniti Technologies Buyback
Matrimony.com Buyback	Zydus Lifesciences Buyback
SMC Global Securities Buyback	Asahi Songwon Colors Buyback
IndiaMART InterMESH Buyback	Motilal Oswal Financial Services Buyback
Sinclairs Hotels Buyback	Matrimony.com Buyback
UPL Limited Buyback 2022	IndiaMART InterMESH Buyback
GAIL (India) Buyback	Sinclairs Hotels Buyback
Filatex India Buyback	Sarda Energy & Minerals Buyback
Atul Limited Buyback	UPL Limited Buyback 2022
Pennar Industries Buyback	GAIL (India) Buyback

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