SIS Buyback 2023 Record Date, Price, Entitlement Ratio

SIS Buyback 2023

SIS Buyback 2023 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.

The company’s 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.

As of 31 March 2023, SIS Limited has over 2,83,322 employees, 70,917 customer sites, and over 21,471 customers served across India. The company’s clientele comes from the Asia-Pacific (APAC) region, encompassing India, Australia, New Zealand, and Singapore.

SIS Buyback

SIS Share Buyback 2023 Details

SIS Buyback Dates18 – 22 December 2023
SIS Buyback Price INR 550 per share
Market Price on Buyback ApprovalINR 486.40 per share
Buyback Premium on Market Price13.08%
Buyback Offer Size (Shares)16,36,363 shares
Buyback Offer Size (Amount)INR 90 crore
Offer TypeTender
Promoter ParticipationYes
Face Value INR 5 per share
Listing AtBSE, NSE

SIS Buyback Dates (Timeline)

Board Meeting Intimation for Buyback Proposal24 November 2023
Buyback Approval Date30 November 2023
Public Announcement of Buyback4 December 2023
SIS Buyback Record Date12 December 2023
Buyback Opening Date18 December 2023
Buyback Closing Date22 December 2023
Cut-off Date to receive completed tender forms by Registrar22 December 2023
Verification Date by the Registrar28 December 2023
Return of unaccepted shares by Registrar1 January 2024
Extinguishment of accepted shares10 January 2024

SIS Buyback 2023 Documents

Letter of Offer
Public Announcement
Board Approval
Upcoming Share Buyback

SIS Buyback Entitlement Ratio

Shareholder CategoryEntitlement RatioEntitlement Ratio (in %)
Small Shareholders
(less than INR 2 Lakh on record date)
General category
(for all other Eligible Shareholders)
*Calculated by IPO Central

Small Shareholder is defined as shareholder who holds shares worth less than INR 2,00,000 as on record date.

SIS Financial Performance

FY 2021FY 2022FY 2023
Total Expenses8,846.809,770.5011,103.83
Net income 367.21325.93346.50
Figures in INR Crores unless specified otherwise

Calculation of Investment in Buyback

Maximum market value of a share holder as on record dateINR 2,00,000
Buyback price per shareINR 550
Maximum shares for small shareholder (2,00,000/550)364 shares *
Closing price of stock as of 30 September 2023INR 486.40**
Maximum amount invested in buyback (INR 486.40 x 364 shares)INR 1,77,049.6
* No. of shares stands to change according to the closing price on record date
** For simplicity, we have considered price on buyback approval date

SIS Buyback Acceptance Ratio

Shares Tendered Buyback EntitlementAcceptance ratioBuyback ProfitProfit in %
3644949 (100%)3,116.41.76
3644998 (200%)6,232.83.52
36449147 (300%)9,349.25.28

Registrar of SIS Buyback 2023

C-101, 1st Floor, 247 Park
L.B.S. Marg, Vikhroli West
Mumbai – 400 083, Maharashtra
Telephone: +91 810 811 4949
Email: [email protected]

Manager of SIS Buyback 2023

One BKC, Tower C, 15th Floor, Unit No.1511,
Bandra Kurla Complex, Bandra (East), Mumbai 400051
Email: [email protected]

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 stockbroker. 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

What are SIS buyback dates?

SIS share buyback opens on 18 December 2023 and closes on 22 December 2023.

Which type of buyback is SIS buyback offer?

SIS buyback is a tender offer.

What is SIS buyback price?

SIS buyback price is INR 550 per share.

What is SIS buyback record date?

SIS buyback record date is 12 December 2023.

How to participate in SIS share buyback?

SIS share buyback will be conducted through the tender process and investors who hold the shares on record date can place orders through their broker.


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