Smartlink Holdings Ltd Buyback 2019 Review

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Incorporated in 1993, Smartlink Holdings Ltd formerly know as Smartlink Network Systems Ltd. is a leading networking company. The company also moved to NBFC business. The company has 3 main business subsidiaries - DIGISOL SYSTEMS LTD, SYNEGRA EMS LTD and TELESMART SCS LTD .

Smartlink Buyback 2019 Latest Update

July 14th, 2019:Smartlink Holdings Ltd (BSE:532419 | NSE:SMARTLINK) board has approved a proposal for purchase of up to 36.50 lakh(Thirty Six Lakhs and Fifty Thousand) shares at Rs 130 (One Hundred Thirty) per share, aggregating Rs 47.45 Cr (Buyback Offer Size) that is 24.85% of total paid equity share capital.

Smartlink Holdings Ltd Buyback Offer Details

      »»   Total Share Capital: Rs 158.91 Cr
      »»   Face Value: 2 Per Equity Share
      »»   Buyback Offer Amount: Rs 47.45 Cr
      »»   Buyback Offer Size (In %): 24.85%
      »»   Buyback Number of Shares: 36.50 lakhs
      »»   Buyback Price: Rs 130
      »»   Promoters and Promoter Group participation:Yes
      »»   Buyback type:Tender Offer
      »»   Can I Invest today to participate in Smartlink Holdings Ltd buyback offer :No

Review & Recommendation

We advocate honest for Smartlink buyback as official acceptance ratio for the retail investors are going to be between 15 to 30% and actual acceptance ration is going to be between 30% to 50%. We tend to rate Smartlink buyback as 3.5/5 (Average).

Making a resonable amount of profit is possible in Smartlink buyback for a new retail investor. With referance to current market price buyback price is up by 50% (Approx).

Rating

  • Poor (<10% AR)
  • Fair (Bw 11 to 30% AR)
  • Average (Bw 30 to 60% AR)
  • Good (Bw 60 to 90% AR)
  • Excellent (>90% AR)

Smartlink Holdings Ltd Buyback Important Dates

In this section we have covered all imporatant dates related to Smartlink Holdings Ltd 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 Ltd buyback offer important dates
    Buyback Activity Date
    Board Meeting for Buyback proposal 14th Jul 2019
    Buyback Approval date 14th Jul 2019
    Public Announcement of Buyback 14th Jul 2019
    Record Date 13th Aug 2019
    Buyback opens on/Buyback Opening Date Not Yet Announced
    Buyback closes on/Buyback Closing Date Not Yet Announced
    Cut-off date to receive completed tender forms by Registrar Not Yet Announced
    Cut-off date for verification by the Registrar Not Yet Announced
    Cut-off date to inform Stock Exchange on acceptance or non-acceptance
    of tendered Equity Shares by Registrar
    Not Yet Announced
    Last date of settlement of bids on the stock exchange Not Yet Announced
    Last date to return unaccepted shares by Registrar Not Yet Announced
    Last date of extinguishment of Equity Shares Not Yet Announced

Smartlink Holdings Ltd Share Holding Pattern as of June 2019

Stock Holding table will give you a clear picture, how many retail investor holding Smartlink Holdings Ltd shares, with this you can plan for participate in buyback offer. The less number of retail holding make more chance to get higher acceptance ratio in buyback under ratail category = higher profit.

    Holding Type In %
    Promoter-Foreign 0.0%
    Promoter-Indian 74.37%
    Non-Promoter-Institutions 0.0%
    Non-Promoter-Non-Institutions 25.63

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
KPR MillTender OfferRs 263.3 Cr702542.15 (-1.06%)19-06-2017TBDTBD
Adani Ports and Special Economic Zone LtdTender OfferRs 1960 Cr500365.60 (-1.28%)21-06-201906-09-201920-09-2019
Sasken Technologies LtdTender OfferRs 169.88 Cr850541.90 (6.41%)05-07-2019TBDTBD
Welspun Corp LimitedTender OfferRs 360 Cr140128.65 (-4.14%)05-07-2019TBDTBD
Greaves Cotton LtdTender OfferRs 240 Cr175135.95 (1.76%)12-07-2019TBDTBD
Eris Lifesciences Limited Tender OfferRs 100 Cr575407.60 (-3.80%)15-07-2019TBDTBD
Smartlink Holdings Ltd Tender OfferRs 47.45 Cr13078.75 (2.27%)13-08-2019TBDTBD
Gandhi Special Tubes LtdTender OfferRs 49.50 Cr550298.3 (0.29%)16-08-201925-09-201910-10-2019
Automobile Corporation of GoaTender OfferRs 19.98 Cr600525.90 (0.71%)20-09-2019TBDTBD
NIIT LtdTender OfferRs 335 Cr12590.55 (-1.58%)TBDTBDTBD

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Detail Article on Benefit from buyback offer >> Read

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

Smartlink Holdings Ltd buyback FAQ

  • What is the record date for Smartlink Holdings Ltd buyback offer?

      The Record Date for Smartlink Holdings Ltd Buyback offer - 13th Aug 2019

      To participate in Smartlink Holdings Ltd buyback offer, record date is 13th Aug 2019. Which means you should hold the Smartlink Holdings Ltd share in your demat account by closing session of 13th Aug 2019. Share purchased on and before (13th Aug 2019) - 2 business days will be available in your demat account by 13th Aug 2019.

  • How much I can make with Smartlink Holdings Ltd buyback?

      Its all depend on acceptance ratio which usually announce with Letter of Offer. Let's assume if you have Smartlink Holdings Ltd shares at Rs 90 and buyback offer price is Rs 130, you can get Rs 40 per accepted share. If you hold 2222 shares of Smartlink Holdings Ltd 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 Rs 29320 to Rs 44440.

      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 Ltd Buyback Profit Calculation

      % Share Accepted No of Shared Accepted Gain from Buyback Offer
      33% 733 Rs 29320
      50% 1111 Rs 44440
      75% 1666 Rs 66640
      100% 2222 Rs 88880
  • How to Participate in Smartlink Holdings Ltd buyback?

      Steps to participate in Smartlink Holdings Ltd buyback:

      1. On Record date (13th Aug 2019) you must have share of Smartlink Holdings Ltd 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.
  • How many Smartlink Holdings Ltd 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.

  • When I need to tender Smartlink Holdings Ltd share?

        Buyback opening date for Smartlink Holdings Ltd : Not Yet Announced

        Buyback closing date for Smartlink Holdings Ltd : Not Yet Announced

        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 Not Yet Announced.

  • When I will know how much shares accepted in Smartlink Holdings Ltd 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 Not Yet Announced.

  • How and when will I get money for accepted shares of Smartlink Holdings Ltd buyback?

        Money will be directly deposited in your registered bank account with broker. Usually money will be deposited on and after Not Yet Announced, which is last date of settlement of bids on the Stock Exchange.

        In case of physical share holding, you will get a cheque.

  • What will happen to rejected shares of Smartlink Holdings Ltd buyback offer?

        Rejected shares will be available in your demat account for trading in open market by Not Yet Announced.

        Use our unique Buyback Calculator, to calculate your final profit with leftout shares on current market price.

Company Contact Information

Smartlink Holdings Ltd
L-7, Verna Industrial Estate,
Verna, Salcete,
Goa - 403722
Website: http://www.smartlink.co.in

Registrar Contact Information

Karvy Fintech Pvt. Ltd.
Plot No. 17-24,
Vittal Rao Nagar, Madhapur,
Hyderabad - 500081
Telangana
Website: http://www.karvyfintech.com
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Last Updated on 2019-08-05T22:08:23+00:00

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