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SMC Global Buyback 2022 Date, Record Date, Price & Acceptance Ratio

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SMC Global buyback 2022 is to open on May 20, 2022. SMC Global buyback record date is open market buyback. The investor should buy the SMC Global shares on or before the record date to get eligibility for the buyback. Check out SMC Global Buyback 2022 details below:

SMC Global

    SMC Global Buyback 2022 Dates

     Buyback Meeting Date:
     May 09, 2022
     Buyback Announcement Date: May 09, 2022
     Buyback Record Date: Open Market
     Buyback Open Date: May 20, 2022
     Buyback Close Date:
     Nov 19, 2022
     Finalization of Buyback Acceptance:
     

    SMC Global Buyback 2022 Offer Details

    SMC Global buyback of [.] equity shares at a price of ₹115 per equity share. The buyback offers not to exceed ₹75 crores of the total buyback offer size.
     Offer Amount: ₹75 Crores
     Number of Shares:
     [.] Equity Shares
     Face Value:
     ₹2 per equity share
     Buyback Price: ₹115 per equity share
     Listing: BSE & NSE
     Buyback Type:: Open Market Offer
     Buyback Offer Letter: Click Here

    About Company – SMC Global

    SMC Global Securities Limited was incorporated in 1994. They are offering financial services in India like advanced broking services across equity, derivative, currency, and commodity asset classes, financial analytics, mortgage advisory, investment banking, and executions in cash & future equities. They have a presence in India as well as in Dubai. They have worked in 500+ cities with 2500 registered sub-brokers and authorized personalities across India and UAE.

    SMC Global Buyback 2022 Acceptance Ratio

    The investor should buy around 1739 shares at a current market price of ₹81.20 (as of 11 May 2022). The calculation will be Rs.2,00,000 / 115 buyback price = 1739 shares.
    Acceptance RatioInvestmentShares BuybackProfit
    33%₹141,20757319,367
    50%₹141,20786929,372
    75%₹141,2071304₹44,075
    100%₹141,207173958,778

    SMC Global Financial Report

      ₹ in Crores
    YearRevenueExpensePAT
    2019₹-₹-
    2020₹-₹-
    2021₹-₹-

    SMC Global Buyback 2022 Eligible Share Holders

    The investors are eligible for the buyback scheme who have SMC Global shares in their Demat account as the record date is Open Market Offer. Investors can participate in the SMC Global Buyback 2022 scheme as per the opening form by selling their shares. The payment will be given as per the accepted shares by the company under the SMC Global buyback scheme.
     

    SMC Global Buyback 2022 Registrar

    Link Intime India Private Ltd
    C 101, 247 Park, L.B.S.Marg,
    Vikhroli (West), Mumbai – 400083
    Phone: +91-22-4918 6270
    Website: https://linkintime.co.in/

     

    SMC Global Buyback 2022 Lead Managers

    • Corporate Professionals Capital Private Ltd

    SMC Global Company Address

    SMC Global Securities Ltd
    11/6B, Shanti Chamber Pusa Road,
    New Delhi – 110005
    Phone: +91-11-30111000
    Website: http://www.smcindiaonline.com/

    SMC Global Buyback 2022 FAQs

    When is SMC Global Buyback 2022 Record Date?

    SMC Global buyback 2022 record date is Open Market Offer.

    When is SMC Global Buyback 2022 Open Date?

    SMC Global buyback 2022 open date is May 20, 2022.

    What is SMC Global Buyback 2022 Price?

    The company has fixed the price at ₹115 per share.

    How to apply for SMC Global Buyback 2022?

    As per the record date you need to have SMC Global shares in your Demat account. You can participate in buyback after having the stock in your account.

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