Sinclairs Hotels buyback 2022 was announced on April 28, 2022. Sinclairs Hotels buyback record date is May 13, 2022. The investor should buy the Sinclairs Hotels shares on or before the record date to get eligibility for the buyback. Check out Sinclairs Hotels Buyback 2022 details below:
Sinclairs Hotels Buyback 2022 Dates
| Buyback Meeting Date: |
28 April 2022 |
| Buyback Announcement Date: | 28 April 2022 |
| Buyback Record Date: | 13 May 2022 |
| Buyback Open Date: | – |
| Buyback Close Date: |
– |
| Finalization of Buyback Acceptance: |
– |
Sinclairs Hotels Buyback 2022 Offer Details
Sinclairs Hotels buyback of 10,00,00,001 equity shares at a price of ₹143 per equity share. The buyback offers not to exceed ₹0.07 crores of the total buyback offer size.
| Offer Amount: | ₹0.07 Crores |
| Number of Shares: |
10,00,00,001 Equity Shares |
| Face Value: |
₹2 per equity share |
| Buyback Price: | ₹143 per equity share |
| Listing: | BSE |
| Buyback Type: | Tender Offer |
About Company – Sinclairs Hotels
Sinclairs Hotels and Resorts owns and operates eight properties in India at Burdwan, Siliguri, Darjeeling, Kalimpong, and Dooars in West Bengal, Gangtok in Sikkim, Ooty in South India and Port Blair in the Andamans. Sinclairs also offers excellent venues for holding conferences, meetings and seminars in these locations.
Sinclairs Hotels Buyback 2022 Acceptance Ratio
The investor should buy around 1398 shares at a current market price of ₹115 (as of 28 April 2022). The calculation will be Rs.2,00,000 / 143 buyback price = 1398 shares.
| Acceptance Ratio | Investment | Shares Buyback | Profit |
| 33% | ₹160,770 | 461 | ₹12,917 |
| 50% | ₹160,770 | 699 | ₹19,572 |
| 75% | ₹160,770 | 1048 | ₹29,358 |
| 100% | ₹160,770 | 1398 | ₹39,144 |
Sinclairs Hotels Financial Report
| ₹ in Crores | |||||
| Year | Revenue | Expense | PAT |
||
| 2019 | ₹45.75 | ₹27.97 | ₹9.75 | ||
| 2020 | ₹45.45 | ₹28.63 | ₹9.49 | ||
| 2021 | ₹17.27 | ₹13.46 | ₹3.51 | ||
Sinclairs Hotels Buyback 2022 Eligible Share Holders
The investors are eligible for the buyback scheme who have Sinclairs Hotels shares in their Demat account as the record date is May 13, 2022. Investors can participate in the Sinclairs Hotels 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 Sinclairs Hotels buyback scheme.
Sinclairs Hotels Buyback 2022 Registrar
Sinclairs Hotels Buyback 2022 Lead Managers
Sinclairs Hotels Company Address
Sinclairs Hotels Limited
Pressman House
10A, Lee Road
Kolkata 700020
Phone: +91 98305 56333
Email: kolkata@sinclairshotels.com
Website: https://www.sinclairshotels.com/
Sinclairs Hotels Buyback 2022 FAQs
When is Sinclairs Hotels Buyback 2022 Record Date?
Sinclairs Hotels buyback 2022 record date is May 13, 2022.
When is Sinclairs Hotels Buyback 2022 Open Date?
What is Sinclairs Hotels Buyback 2022 Price?
How to apply for Sinclairs Hotels Buyback 2022?
Note: If anything you want to know about the buyback offer you can refer to the Sinclairs Hotels buyback offer documents.
Follow IPO Watch for the upcoming IPO news and their reviews, also keep following us on Twitter, Facebook, and Instagram. For our latest videos, subscribe to our YouTube channel.