99 accepted out of 450
SIS Limited Buyback 2021
Security & Intelligence Serv.(India)is directly and indirectly engaged in rendering security and related services consisting of manned guarding, training, and indirectly engaged in paramedic and emergency response services; loss prevention, asset protection and mobile patrols; facility management services consisting of cleaning, housekeeping and pest control management services in the areas of facility management; cash logistics services consisting of cash-in-transit, ATM cash replenishment activities and secure transportation of precious items and bullion; and alarm monitoring and response services consisting of trading and installation of electronic security devices and systems through its subsidiaries, joint ventures and associates. They are a trusted leader across these business segments in India and other geographies in the Asia Pacific region.
SIS Provides following services:
a) Security Services – India
b) Security Services – International
c) Electronic Security Solutions
d) Alarm, Monitoring and Response
Buy Back Offer Deal:
|Buyback Type:||Tender Offer|
|Buyback Record Date:||Apr 09 2021|
|Buyback Opening Date:||May 12 2021|
|Buyback Closing Date:||May 27 2021|
|Buyback Offer Amount:||₹ 100 Crores|
|Date of Board Meeting approving the proposal:||Feb 15 2021|
|Date of Public Announcement:||Feb 15 2021|
|Buyback Offer Size:||1.24%|
|Buyback Number of Shares:||18,18,181|
|Price Type:||Tender Offer|
|Buyback Price:||₹ 550 Per Equity Share|
Details of Buyback:
Salient financial parameters:
|Profit before tax||94||110||187||210||289||456|
|EPS in Rs||61.07||8.14||11.07||14.72||15.38||17.61|
How to Participate in buyback?
Profit from the buyback on the bases of acceptance Ratio:
|Amount Invested in Buyback||1,59,720||1,59,720||1,59,720||1,59,720|
|No. of Shares buyback||119||181||272||363|
Acceptance Ratio is 22.25%.
15 out of 70 accepted companies communication was 6 out of 70 👍
LAST DATE PF PAYMENT SIR ANY IDEA….?
Payment for accepted shares will receive on 7th June 2021.
This guy lost more than 1 Lakh in SIS! He also mentioned tax problems and issues.
Sap to pheeche hi par gaye sis k.
Any personal issues…
dear umesh paliwal sir
how to check application recd in hni and retail in any buyback
your guidance will help us very much
Check this BSE Link.
here, you will get Individuals bidding status…..( It is a mix of HNI and Retail though)…
SEE TODAY PRICE 441
Opens on Wednesday, May 12, 2021 and close on Thursday, May 27, 2021.
Mail recd Entitlement 6 out of 70 Shares ie 8.57%.
Out of 10 shares no shares of confirmation so no, and not accepted single share
We have started our Youtube channel to spread the knowledge of IPO, Buyback, NCD and Unlisted shares to our community. The videos will be informative so I request to please Subscribe our Channel…… Below is the link…
UMESH PALIWAL SIR
ANY NEWS OF AR IN SIS LTD BUYBACK
Buy back open from 12/05/2021 to 27/05/2021
Buyback date is declared, even without releasing Offer letter. Anyone has any idea about entitlement ??
can u tell me the date’s i have 70 share’s. plz let me know
ET INVIT Brokerage Call: SELL IN OPEN MARKET TO AVOID LOSSES!
The company is undergoing tax fraudulent issues, SEBI is reconsidering the repurchase process.
12.05.21 to 27.05.21
Please help me. To sis share s buyback
Can we go for purchase at this price (₹. 393) ? Or wait for further correction. (buy back purpose)
It is advised to avoid this dicey buyback, as it seems like a trap, wait and patient for another opportunity
No details of buyback ???
Forum members, Any update on the Record Date ?
Anyone has info on when record date might get announced?
After postal ballot, I sold half of my shares in today’s highs due to small size and low acceptance ratio. I still think its trap in the skin of arbitrage.
@Alankit Ji… what was your entry price/levels ?
410, I got to know about the low entitlement and stock dilution,
I would suggest avoid SIS and sell on this high rally, risky to hold even for a month!!
Better To Avoid This One!
TOOK 5 FOR 430
Size of 100 crores is very small.
How is the ER 10%. Could you help explain ?
How is the company fundamentally
I believe 1.24% is too low and therefore doesn’t make sense for buying for selling in buyback…
SIS approve buyback is @ 550. Buyback size is 999,999,550/- Rs. The Buyback Offer Size represents 14.13% and 7.47% of the aggregate of the Company’s fully paid-up equity capital. 1.24% of the total number of Equity Shares in the total paid-up equity capital of the Company as on March 31, 2020
Umesh ji, Gujarat Apollo meeting on 13th Feb may propose Share Buyback.
Bye back price 222
Current price 238
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