SIS Limited Buyback Review

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SIS Limited is a special consumer service company that offers security, facility management, and cash logistics services in India and other geographies in the Asia Pacific region. The company has experience of three decades in providing multiple solutions to drive high customer retention.

SIS Limited is coming up with a buyback of Rs 100 Cr, where it will repurchase 18.18 Lakh fully paid-up shares at Rs 550 per share. These shares represent 1.23% of the total number of fully paid-up equity shares. On the date of the board meeting, the closing price of the company’s share was Rs 425.75 per share, and the buyback price is 22% premium than the current market price.

What is SIS Limited Buyback details?

Below is the complete details about SIS Limited Buyback. Record date, buyback open and close dates are announce in below section.

Buyback Type: Tender Offer
Buyback Offer Amount: Rs 100 Cr
Buyback Number of Shares: 18.18 Lakhs
Buyback Price: Rs 550
Buyback Offer Size (In %): 1.24%
Total Share Capital: 6,407.1 Cr
Face Value: 5 Per Equity Share

Can I Invest today to participate in SIS Limited buyback offer? No

What are SIS Limited Buyback Important Dates?

In this section we have covered all important dates related to SIS Limited Buyback. Dates are updated as they are announced. The most noted dates are record date and buyback open and close dates, which one should use to participate in buyback.

SIS Limited buyback offer important dates
Buyback Activity Date
Board Meeting for Buyback proposal 15th Feb 2020
Buyback Approval date 15th Feb 2020
Public Announcement of Buyback 15th Feb 2020
Record Date 9th Apr 2021
Buyback opens on/Buyback Opening Date 12th May 2021
Buyback closes on/Buyback Closing Date 27th May 2021
Cut-off date to receive completed tender forms by Registrar 29th May 2021
Cut-off date for verification by the Registrar 2nd Jun 2021
Cut-off date to inform Stock Exchange on acceptance or non-acceptance
of tendered Equity Shares by Registrar
4th Jun 2021
Last date of settlement of bids on the stock exchange 7th Jun 2021
Last date to return unaccepted shares by Registrar 7th Jun 2021
Last date of extinguishment of Equity Shares 14th Jun 2021

SIS Limited Share Holding Pattern as of Dec 2020

Stock Holding table gives a clear picture on retail investor holdings of SIS Limited shares which helps investor to decide on participating in buyback offer. The less number of retail holdings means higher chance of acceptance in buyback under retail category which is equal to higher profit.

Holding Type In %
Promoter-Foreign 12.3%
Promoter-Indian 73.3%
Non-Promoter-Institutions 19.0%
Non-Promoter-Non-Institutions 6.2%

SIS Limited Public Announcement >>Document

SIS Limited Draft Letter of Offer >>Document

SIS Limited Letter of Offer >>Document

SIS Limited Post Buyback Public Announcement >>Document

SIS Limited Ratio of Buyback

    For Buy back shares holders are divided in 2 categories:
  • Reserved category for Small Shareholders ("Reserved Category") - Who holds Max Rs 2 Lakhs worth of shares @Rs 391.80 per equity share - in such case Max 510 Equity Shares as of Record Date 9th Apr 2021.
  • General category for all Shareholders other than Small Shareholders ("General Category")

SIS Limited Ratio of Buy Back

Category Entitlement Ratio of Buyback Per Equity Shares Entitlement Ratio of Buyback in %
Reserved Category 9 Equity Shares out of every 91 Equity Shares held on the Record Date 9.90%
General Category 6 Equity Shares out of every 565 Equity Shares held on the Record Date 1.06%

Post buyback comments SIS Limited

For SIS Limited Buyback Offer, Report updated by the manager of buyback -

In general category - response received 8.37%, No. of Equity Shares reserved in Buyback was 15,45,453 where valid bid received for retail category was 1,29,28,026 which is 8.37% oversubscribed.

In Reserved category for Small Shareholders (Retail) - response received only 4.21%, No. of Equity Shares reserved in Buyback was 2,72,728 where valid bid received for retail category was 11,74,040 which is 4.21%. Final Acceptance Ratio for Retail Investors was 9.90%.

Current and Upcoming Buybacks Key dates

The table below will give you a complete dashboard view for all open buyback offer in current market.

Current and Upcoming Buybacks Key dates
Company NameBuyback TypeOffer AmountBuyback PriceCMPRecord DateBuyback Open DateBuyback End Date
eClerx ServicesTender Offer₹303 Cr28502247.35 (-1.17%)30-09-202118-10-202101-11-2021
Goldiam International LimitedTender Offer45.60 Cr1200941.00 (0.22%)27-10-2021TBDTBD
Nucleus Software Exports LtdTender OfferRs 158 Cr700TBDTBDTBD

Detail Article on Benefit from buyback offer >> Read

SIS Limited Buyback Important dates - Record Date,Buyback Start and End date. Buyback Details - Buyback Price, Buyback Offer Size, Buyback Number of Shares, Retail Investors limit. What is the record date for SIS Limited? How can I apply in SIS Limited Buyback offer?

Company Contact Information

SIS Limited
A-28, 29, Okhla Industrial Area, Phase I
New Delhi, 110020, India
Phone: 011-4646-4444
Email: [email protected]

Registrar Contact Information

Last Updated on 2021-06-27T22:51:33+00:00

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