Siyaram Silk Mills Buyback 2023 vs Tata Consultancy Services Buyback 2023

Comparision between Siyaram Silk Mills Buyback 2023 and Tata Consultancy Services Buyback 2023.

Buyback Details

Siyaram Silk Mills Buyback 2023 is a Tender Offer buyback proposed to list at BSE, NSE while Tata Consultancy Services Buyback 2023 is a Tender Offer proposed to list at BSE, NSE.

Siyaram Silk Mills Limited

Tata Consultancy Services Limited

Logo

Type of Buyback

Tender Offer

Listing At

BSE, NSE

Face Value

₹2 per share

₹1 per share

Buyback Price

₹720 per share

₹4150 per share

Issue Size

14,99,992 shares

4,09,63,855 shares

Issue Size (Amount)

₹108.00 Crores

₹17,000.00 Crores

Buyback Ratio

Category	Entitlement Ratio of Buyback	Shares Offered
Reserved Category for Small Shareholders	53 Equity Shares out of every 457 Fully paid-up Equity Shares held on the Record Date.	224,999.00
General Category for all other Eligible Shareholders	21 Equity Shares out of every 739 Fully paid-up Equity Shares held on the Record Date.	1,274,993.00

Category	Entitlement Ratio of Buyback	Shares Offered
Reserved Category for Small Shareholders	1 Equity Shares out of every 6 Fully paid-up Equity Shares held on the Record Date.	6,144,579.00
General Category for all other Eligible Shareholders	2 Equity Shares out of every 209 Fully paid-up Equity Shares held on the Record Date.	34,819,276.00

Registrar

Link Intime India Private Ltd

Lead Managers

Vivro Financial Services Private Limited

Jm Financial Limited

Necessity of the buyback

The Buy Back is being proposed by the Company to fulfill the following objectives:

The Buy Back will help the Company to return surplus cash to its shareholders.
The Buy Back, which is being implemented through the tender offer involving a reservation for Small Shareholders of 15%. The Company believes that this reservation of 15% for Small Shareholders would benefit a large number of public shareholders.
The Buy-back will help in improving financial ratios like earnings per share, return on assets, and return on equity calculated on the basis of financial statements, by reducing the equity base of the Company.
The Buy Back gives an option to the shareholders holding Equity Shares of the Company, to either choose to participate and get cash in lieu of Equity Shares or choose not to participate and enjoy a resultant increase in their percentage shareholding.

The current buyback is in line with the Company's shareholders-friendly capital allocation practice of returning excess cash to the shareholders thereby increasing shareholder value in the longer term and improving the return on equity

Buyback Timetable

Siyaram Silk Mills Buyback 2023 and Tata Consultancy Services Buyback 2023 buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. Siyaram Silk Mills Buyback 2023 Buyback record date is Sep 18, 2023. Tata Consultancy Services Buyback 2023 Buyback record date is Nov 25, 2023.

	Siyaram Silk Mills Limited	Tata Consultancy Services Limited
Record Date	Sep 18, 2023	Nov 25, 2023
Offer Open Date	Sep 25, 2023	Dec 01, 2023
Offer Closure Date	Oct 03, 2023	Dec 07, 2023
Last date for receipt of tender forms	Oct 03, 2023	Dec 07, 2023
Finalisation of buyback	Oct 09, 2023	Dec 13, 2023
Last Date for settlment of bids	Oct 10, 2023	Dec 14, 2023
Last Date for extinguishment of shares	Oct 19, 2023	Dec 26, 2023

Financial Details and Other Relevent Information

Comparison of Siyaram Silk Mills Buyback 2023 and Tata Consultancy Services Buyback 2023 financial data. The table below also includes a list of all relevant information like Stock Market Data, Compay Information, Lead Manager and Registrar.

Siyaram Silk Mills Limited

Tata Consultancy Services Limited

Financial

Siyaram Silk Mills Buyback 2023 Financial Information (Restated Consolidated)
Period Ended	31 Mar 2020	31 Mar 2021	31 Mar 2022	31 Mar 2023
Assets	1,503.23	1,210.49	1,512.90	1,636.73
Revenue	1,733.11	1,130.09	1,939.42	2,272.77
Profit After Tax	69.25	3.58	216.24	250.99
Net Worth
Reserves and Surplus
Total Borrowing	431.83	160.46	253.18	190.94

Amount in ₹ Crore

Tata Consultancy Services Limited Financial Information (Restated Consolidated)

Tata Consultancy Services Limited's revenue increased by 16.6% and profit after tax (PAT) rose by 2.41% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended	30 Sep 2023	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets
Revenue	103,685.00	195,682.00	167,827.00	141,363.00
Profit After Tax	21,413.00	39,106.00	38,187.00	30,960.00
Net Worth	83,926.00	74,538.00	77,173.00	74,794.00
Reserves and Surplus
Total Borrowing
Amount in ₹ Crore

Stock price at BSE

Stock price at BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Jul-2023	575.00	534.90	553.43
Jun-2023	567.30	519.35	541.40
May-2023	584.55	486.60	529.33

Stock price at BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Oct-2023	3637.25	3337.75	3497.58
Sep-2023	3606.15	3379.20	3527.62
Aug-2023	3483.75	3357.05	3418.81

Stock price at NSE

Stock price at NSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Jul-2023	575.00	534.10	553.40
Jun-2023	567.70	519.00	541.55
May-2023	584.60	486.95	529.34

Stock price at NSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Oct-2023	3638.35	3336.75	3497.80
Sep-2023	3606.15	3379.20	3528.02
Aug-2023	3484.05	3356.80	3418.45

Compare with others

Siyaram Silk Mills Limited	Tata Consultancy Services Limited
Elegant Marbles & Grani Industries Buyback 2023	Rajoo Engineers Buyback 2023
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Atul Buyback 2023	Gujarat Narmada Valley Fertilizers Buyback 2023
Somany Ceramics Buyback 2023	Atul Buyback 2023
Tata Consultancy Services Buyback 2023	Somany Ceramics Buyback 2023
Sinclairs Hotels Buyback 2023	Siyaram Silk Mills Buyback 2023
KRBL Buyback 2023	Sinclairs Hotels Buyback 2023
FDC Buyback 2023	KRBL Buyback 2023
CL Educate Buyback 2023	FDC Buyback 2023
Control Print (India) Buyback 2023	CL Educate Buyback 2023

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