SIS Buyback vs Welspun India Buyback

Comparision between SIS Buyback and Welspun India Buyback.

Buyback Details

SIS Buyback is a Tender Offer buyback proposed to list at BSE, NSE while Welspun India Buyback is a Tender Offer proposed to list at BSE, NSE.

SIS Limited

Welspun India Limited

Logo

Type of Buyback

Tender Offer

Listing At

BSE, NSE

Face Value

₹5 per share

₹1 per share

Buyback Price

₹550 per share

₹120 per share

Issue Size

18,18,181 shares

1,66,66,666 shares

Issue Size (Amount)

₹100.00 Crores

₹200.00 Crores

Buyback Ratio

Category	Entitlement Ratio of Buyback
Reserved Category for Small Shareholders	9 Equity Shares out of every 91 Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders	6 Equity Shares out of every 565 Equity Shares held on the Record Date.

Category	Entitlement Ratio of Buyback
Reserved Category for Small Shareholders	43 Equity Shares out of every 469 fully paid-up Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders	1 Equity Shares out of every 69 fully paid-up Equity Shares held on the Record Date.

Registrar

Link Intime India Private Ltd

Lead Managers

ICICI Securities Limited

Dam Capital Advisors Ltd (Formerly Idfc Securities Ltd)

Necessity of the buyback

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.
iii) Improve Earnings per equity share and thus thereby enhance return on invested capital.

The Buyback aims to :
i) Return surplus cash to the shareholders and enhance overall return to the shareholders.
ii) Improve Return on Equity, Earnings per share, enhance return on invested capital, and thereby enhance shareholder value in the long term.

Buyback Timetable

SIS Buyback and Welspun India Buyback buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. SIS Buyback Buyback record date is Apr 09, 2021. Welspun India Buyback Buyback record date is May 26, 2021.

	SIS Limited	Welspun India Limited
Record Date	Apr 09, 2021	May 26, 2021
Offer Open Date	May 12, 2021	Jun 22, 2021
Offer Closure Date	May 27, 2021	Jul 05, 2021
Last date for receipt of tender forms	May 29, 2021	Jul 07, 2021
Finalisation of buyback	Jun 04, 2021	Jul 13, 2021
Last Date for settlment of bids	Jun 07, 2021	Jul 14, 2021
Last Date for extinguishment of shares	Jun 14, 2021	Jul 21, 2021

Financial Details and Other Relevent Information

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

SIS Limited

Welspun India Limited

Financial

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	30,407.96	25,250.05	21,426.48
Profit After Tax	863.28	1,192.61	730.11
Net Worth	7,579.71	7,284.10	6,064.51

Summary of financial Information standalone)
Particulars	For the year/period ended (Rs. in Millions)
	31-Mar-21	31-Mar-20	31-Mar-19
Total Income	60,395.66	53,667.09	54,783.04
Profit After Tax	5,266.70	4,748.92	1,417.65
Net Worth	31,433.21	26,117.12	22,942.79

Stock price at BSE

Stock price at BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Mar-2021	435.00	401.00	418.04
Feb-2021	465.00	396.05	421.39
Jan-2021	436.00	376.95	411.66

Stock price at BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Apr-2021	87.90	75.55	80.30
Mar-2021	87.60	67.35	77.50
Feb-2021	74.90	65.70	68.60

Stock price at NSE

Stock price at NSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Mar-2021	435.30	400.10	417.97
Feb-2021	459.00	396.05	421.05
Jan-2021	433.75	385.00	411.73

Stock price at NSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Apr-2021	87.50	75.55	80.40
Mar-2021	87.60	67.40	77.60
Feb-2021	75.00	65.40	68.60

Compare with others

SIS Limited	Welspun India Limited
Infosys Buyback	Rsystems Buyback
Welspun India Buyback	Kaveri Seed Buyback
Navneet Education Buyback	Balrampur Chini Mills Buyback
Infobeans Technologies Buyback	Tanla Platforms Buyback
Quick Heal Technologies Buyback	Infosys Buyback
Smartlink Holdings Buyback	Navneet Education Buyback
Aarti Drugs Buyback	Infobeans Technologies Buyback
Insecticides India Buyback	Quick Heal Technologies Buyback
Gujarat Apollo Industries Buyback	SIS Buyback
Savita Oil Buyback	Smartlink Holdings Buyback

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