SIS Buyback 2022 description – SIS is one of the leading security solution providing companies in India and the Asia Pacific regions. The company offers services to Governments, business organizations, and end consumers.
Its range of services includes 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.
SIS Share Buyback 2022 Details
| Buyback Dates | 4 – 18 October 2022 |
| SIS Buyback Price | INR550 per share |
| Buyback Offer Size (Shares) | 14,54,545 shares |
| Buyback offer as % of total shares | 0.99% |
| Buyback Offer Size (Amount) | INR80 crore |
| Offer Type | Tender |
| Promoter Participation | Yes |
| Face Value | INR5 per share |
| Listing At | BSE, NSE |
SIS Buyback Dates (Timeline)
| Board Meeting for Buyback Proposal | 29 June 2022 |
| Buyback Approval Date | 29 June 2022 |
| Public Announcement of Buyback | 17 August 2022 |
| SIS Buyback Record Date | 30 August 2022 |
| Buyback Opening Date | 4 October 2022 |
| Buyback Closing Date | 18 October 2022 |
| Cut-off Date to receive completed tender forms by Registrar | 20 October 2022 |
| Verification Date by the Registrar | 25 October 2022 |
| Return of unaccepted shares by Registrar | 31 October 2022 |
| Extinguishment of accepted shares | 7 November 2022 |
SIS Buyback 2022 Documents
Offer Letter
Draft Letter of Offer
Public Announcement
Board Approval
Upcoming Share Buyback
SIS Buyback Entitlement Ratio
| Shareholder Category | Entitlement Ratio | Entitlement Ratio (in %) |
| Small Shareholders (less than INR2 Lakh on record date) | 11/95 | 11.58 |
| General category (for all other Eligible Shareholders) | 2/235 | 0.85 |
Small Shareholder is defined as shareholder who holds shares worth less than INR2,00,000 as on record date.
SIS Ltd’s Financial Performance
| FY2020 | FY2021 | FY2022 | |
| Total Income | 2,995.88 | 3,004.08 | 3,317.85 |
| Total Expenses | 2,880.35 | 2,903.29 | 3,227.85 |
| Net income | 86.33 | 57.09 | 133.90 |
Calculation of Investment in Buyback
| Maximum market value of a share holder as on record date | INR 2,00,000 |
| Buyback price per share | INR550 |
| Maximum shares for small shareholder (2,00,000/550) | 364 shares* |
| Closing price of stock as on 29 June 2022 | INR453.30** |
| Maximum amount invested in buyback (364 shares) | INR165,001 |
** For simplicity, we have considered price on buyback approval date
SIS Buyback Profit Guidance
| Shares Tendered | Buyback Entitlement | Acceptance | Buyback Profit | Profit in % |
| 364 | 43 | 43 (100%) | 4,158 | 2.52 |
| 364 | 43 | 86 (200%) | 8,316 | 5.04 |
| 364 | 43 | 129 (300%) | 12474 | 7.56 |
Registrar of SIS Buyback 2022
Link Intime India Private Limited
C 101, 247 Park B S Marg
Vikhroli West, Mumbai – 400 083
Phone:Â +91 22 4918 6200
Email:Â [email protected]
Website:Â www.linkintime.co.in
Manager of SIS Buyback 2022
Edelweiss Financial Services Limited
6th Floor, Edelweiss House, Off C.S.T. Road,
Kalina, Mumbai 400 098,
Maharashtra, India
Phone: 22 4009 4400
Email: [email protected]
Website: www.edelweissfin.com
Process to Participate in SIS Buyback
All eligible shareholders of the company who own shares in the physical or demat form on the record date may participate in the buyback offer through their stock broker. The eligible shareholders who hold the shares in demat form must notify their brokers of the details of the equity shares that they wish to tender in the buyback offer.
The shareholder must transfer the tendered shares to the clearing corporation’s Special account. In turn, the broker would place a buyback order on the stock exchange.
The eligible shareholders who own the shares in physical form must present their broker with the original share certificates and supporting documents. After document verification is complete, the broker places an order on the stock exchange and submits the original share certificate and TRS (Transaction Registration Slip) to the registrar.
Frequently Asked Questions
When does SIS share buyback offer open?
SIS share buyback opens on 4 October 2022 and closes on 18 October 2022.
Which type of buyback is SIS buyback offer?
SIS buyback is a tender offer.
What is SIS buyback price?
SIS buyback price is INR550 per share.
What is SIS buyback record date?
SIS buyback record date is 30 August 2022.
