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 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 Ratio | Investment | Shares Buyback | Profit |
| 33% | ₹141,207 | 573 | ₹19,367 |
| 50% | ₹141,207 | 869 | ₹29,372 |
| 75% | ₹141,207 | 1304 | ₹44,075 |
| 100% | ₹141,207 | 1739 | ₹58,778 |
SMC Global Financial Report
| ₹ in Crores | |||||
| Year | Revenue | Expense | PAT |
||
| 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
Email: delhi@linkintime.co.in
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
Email: smc@smcindiaonline.com
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?
What is SMC Global Buyback 2022 Price?
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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