Smartlink Holdings Limited Buyback Review

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Established in the year 1993, Smartlink Holdings Ltd is India’s one of the leading IT Networking companies. It offers active and passive networking through its 3 subsidiaries, DIGISOL Systems Ltd., Synegra EMS Ltd., and Telesmart SCS Ltd. The company is also an NBFC now.

Smartlink Holdings Ltd Buyback is coming in March 2021, where the company will buy back its shares worth Rs 31.58 Cr through 33.25 shares which represent 17.43% of total paid-up capital. The current market price of a share is Rs 90 and the buyback price is Rs 95 which is 5% higher than the current price. The company has set its record date as March 01, 2021.

What is Smartlink Holdings Limited Buyback details?

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

    Buyback Type: Tender Offer
    Buyback Offer Amount: Rs 31.58 Cr
    Buyback Number of Shares: 33.25 Lakh
    Buyback Price: Rs 95
    Buyback Offer Size (In %): 17.43%
    Total Share Capital: Rs 119.9 Cr
    Face Value: 2 Per Equity Share

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

What are Smartlink Holdings Limited Buyback Important Dates?

In this section we have covered all important dates related to Smartlink Holdings 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.

    Smartlink Holdings Limited buyback offer important dates
    Buyback Activity Date
    Board Meeting for Buyback proposal 10th Dec 2020
    Buyback Approval date 10th Dec 2020
    Public Announcement of Buyback 15th Feb 2021
    Record Date 1st Mar 2021
    Buyback opens on/Buyback Opening Date 30th Apr 2021
    Buyback closes on/Buyback Closing Date 14th May 2021
    Cut-off date to receive completed tender forms by Registrar 17th May 2021
    Cut-off date for verification by the Registrar 19th May 2021
    Cut-off date to inform Stock Exchange on acceptance or non-acceptance
    of tendered Equity Shares by Registrar
    21st May 2021
    Last date of settlement of bids on the stock exchange 25th May 2021
    Last date to return unaccepted shares by Registrar 25th May 2021
    Last date of extinguishment of Equity Shares 1st Jun 2021

Smartlink Holdings Limited Share Holding Pattern as of Dec 2020

Stock Holding table gives a clear picture on retail investor holdings of Smartlink Holdings 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 NA
    Promoter-Indian 74.6%
    Non-Promoter-Institutions NA
    Non-Promoter-Non-Institutions 25.4%

Smartlink Holdings Limited Public Announcement >>Document

Smartlink Holdings Limited Draft Letter of Offer >>Document

Smartlink Holdings Limited Letter of Offer >>Document

Smartlink Holdings 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 90 per equity share - in such case Max 2,222 Equity Shares as of Record Date 1st Mar 2021.
    • General category for all Shareholders other than Small Shareholders ("General Category")

    Smartlink Holdings Limited Ratio of Buy Back

    Category Entitlement Ratio of Buyback Per Equity Shares Entitlement Ratio of Buyback in %
    Reserved Category 1 Equity Share out of every 4 Equity Shares held on the Record Date 25%
    General Category 1 Equity Share out of every 4 Equity Shares held on the Record Date 25%

Buyback Calculator - Check your Profit/Loss and Breakeven point for left out shares.

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
Smartlink Holdings LimitedTender OfferRs 31.58 Cr9592.45 (6.69%)01-03-202130-04-202114-05-2021
SIS LimitedTender OfferRs 100 Cr550375.05 (0.23%)09-04-202112-05-202127-05-2021
Quick HealTender OfferRs 155 Cr245186.25 (1.17%)03-05-2021TBDTBD

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Detail Article on Benefit from buyback offer >> Read

Smartlink Holdings 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 Smartlink Holdings Limited? How can I apply in Smartlink Holdings Limited Buyback offer?

Company Contact Information

Smartlink Holdings Limited
L-7, Verna Industrial Estate, Verna, Salcete,
Goa, 403722 India
Phone: 0832 288 5400
Email: [email protected]

Registrar Contact Information

KFin Technologies Pvt. Ltd
Selenium, Tower B, Plot No-31 and 32, Financial District, Nanakramguda,
Serilingampally, Hyderabad, Rangareddi - 500 032, Telangana, India
Tel.: +91 40 6716 222
Email:[email protected]
Website:www.kfintech.com
Request call back from

Last Updated on 2021-04-30T23:28:08+00:00


Buyback FAQs

  1. 1. What is the record date for Smartlink Holdings Limited buyback offer?

    The Record Date for Smartlink Holdings Limited Buyback offer is 1st Mar 2021

    Which means you should hold the Smartlink Holdings Limited share in your demat account by closing session of 1st Mar 2021. Share purchased on and before (1st Mar 2021) - 2 business days will be available in your demat account by 1st Mar 2021.

     

     

  2. 2. How much I can make with Smartlink Holdings Limited buyback offer?

    Its all depend on acceptance ratio which usually announce with Letter of Offer. Lets assume if you have Smartlink Holdings Limited shares at ₹90 and buyback offer price is ₹95, you can get ₹5 per accepted share. If you hold 2222 shares of Smartlink Holdings Limited and if proportionate acceptance is between 33% and 50%, in such case you are eligible to sell your 733 to 1111 shares with the gain from buyback of ₹3665 to ₹5555.

    The percentage of proportionate acceptance varies from company to company. This percentage can be also 100% which means that company buys all of your shares.

    Smartlink Holdings Limited Buyback Profit Calculation

    % Share AcceptedNo of Shared AcceptedGain from Buyback Offer
    33%733₹3665
    50%1111₹5555
    75%1666₹8330
    100%2222₹11110

     

     

  3. 3. How to Participate in Smartlink Holdings Limited buyback offer?

    Steps to participate in Smartlink Holdings Limited buyback:

    1. On Record date (1st Mar 2021) you must have share of Smartlink Holdings Limited in your demat account/physical form. Depositing of share in your DP account usually take T+2 days, so you need to plan your buying accordingly.
    2. After that company announces buyback open and close window, so you need to tender your share in buyback process. You can do this online or contact your broker to tender your share in buyback, so he can place a request on your behalf.
    3. Next step is with registrar - depend on buyback acceptance ratio, your shares will be sold in buyback process and fund will directly debited in your bank account. Any rejected share will be revert in your demat account which you can sell in open market or hold for long term gain.

     

     

  4. 4. How many Smartlink Holdings Limited share are eligible for buyback?

    Share holders who hold less than 2 lakh worth of shares are consider in Retail Category. All others will consider in General Category. Last trading price on record date will be used to calculate the eligibility criteria.

     

     

  5. 5. When I need to tender Smartlink Holdings Limited share for buyback?

    Buyback opening date for Smartlink Holdings Limited: 30th Apr 2021

    Buyback closing date for Smartlink Holdings Limited: 14th May 2021

    This is the window when you need to submit your application for proposal for share buyback. If you are submitting tender forms or submitting physical share certificates, it must reach to registrar by 17th May 2021.

     

     

  6. 6. When I will know how much shares accepted in Smartlink Holdings Limited buyback offer?

    As this is a buyback tender offer, shares are accepted in proportionate basis. Proportionate acceptance / rejection will be returned back to the eligible shareholders directly by the Registrar on or before 25th May 2021.

     

     

  7. 7. When I need to tender Smartlink Holdings Limited share for buyback?

    Buyback opening date for Smartlink Holdings Limited: 30th Apr 2021

    Buyback closing date for Smartlink Holdings Limited: 14th May 2021

    This is the window when you need to submit your application for proposal for share buyback. If you are submitting tender forms or submitting physical share certificates, it must reach to registrar by 17th May 2021.

     

     

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