Smartlink Holdings Buyback

Smartlink Holdings Buyback details

Spread the love

Smartlink Holdings Buyback will open for subscription from 30 April 2021. the company aims for an issue size of ₹31.59 Crores through this buyback issue.

Smartlink Holdings Limited

SHL is an NBFC (Non-Banking financial company) engaged in the business of investment activity. The company invests in mutual funds and other investments. SHL is also engaged in the business of developing, manufacturing, marketing, distributing, servicing networking products, structured cabling products and also offers a range of products required for various communication purposes that include Switching, Broadband Routing, Wireless LAN and, Surveillance through its subsidiary companies – (i)Digisol Systems Limited; (ii) Synegra EMS Limited; and (iii) Telesmart SCS Limited.

Objects of the issue

  • Return surplus cash to the shareholders and enhance overall return to the shareholders.
  • Improve Return on Equity to enhance shareholder value in the long term.

Smartlink Holdings Buyback Issue Timetable

Offer Opens On30 April 2021
Offer Closes On14 May 2021
Record Date01 Mar 2021
Last Date for receipt of Tender Forms17 May 2021
Finalisation of Buyback Acceptance21 May 2021
Last Date for settlment of bids25 May 2021
Last Date for Extinguishment of Shares01 June 2021

Smartlink Holdings Buyback Detail

Security NameSmartlink Holdings Limited
Issue TypeTender Offer
Issue Size (Shares)0.33 Crores
Issue Size (Amount)₹31.59 Crores
Buyback Price₹95 per share
Face Value₹2 per share
Listing AtBSE, NSE

Buyback Ratio

CategoryEntitlement Ratio of Buyback
Reserved Category for Small Shareholders1 Equity Share out of every 4 Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders1 Equity Share out of every 4 Equity Shares held on the Record Date.

Company Financials

ParticularsFor the year/period ended (Rs. in Millions)
Total Income757.021,080.57984.49
Profit After Tax(142.66)(29.49)(33.08)
Net Worth1,793.672,510.383,123.37

Stock Market Data (for preceding 3 months)


MonthHigh PriceLow PriceAverage Price


MonthHigh PriceLow PriceAverage Price
MonthHigh PriceLow PriceAverage Price

Smartlink Holdings Buyback Registrar

KFintech Private Limited
KFintech, Tower-B, Plot No 31 & 32,
Financial District, Nanakramguda, Gachibowli,
Hyderabad, Telangana India – 500 032.

Phone: 04067162222, 04079611000

Company Contact Information

Smartlink Holdings Limited
L-7, Verna Industrial Estate,
Verna, Salcete,
Goa – 403 722
Phone: (0832) 288 5400

Final Thoughts

A buyback occurs when the issuing company pays shareholders the market value per share and re-absorbs that portion of its ownership that was previously distributed among public and private investors. subscribing for a buyback issue is purely a personal choice. make a detailed study before you make a decision on buyback issue subscription.

Happy Investing

Spread the love

Leave a Comment

Your email address will not be published. Required fields are marked *