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

Written by on May 11, 2022

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 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

Email: [email protected]

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: [email protected]

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.

Follow correct success ipo for the upcoming IPO news and their reviews, also keep following us on TwitterFacebook, and Instagram. For our latest videos, subscribe to our YouTube channel.




To know more about latest IPO gmp please visit correctsuccess.com


Current track

Title

Artist