Cash logistics player SIS Cash Service Ltd has filed draft papers with the market regulator Sebi to mop up funds through an initial public offering (IPO). The IPO is a mix of fresh issue of shares worth Rs 100 crore and an offer for sale (OFS) of 37.15 lakh shares by promoters, according to the draft red herring prospectus (DRHP) filed on Thursday. Those selling shares in the OFS are SIS Ltd and SMC Integrated Facility Management Solutions Ltd. Proceeds from the fresh issue to the tune of Rs 37.59 crore will be used for the purchase of cash vehicles and fabrication of the secured vehicle; Rs 29.81 crore for payment of debt and a portion will be used for general corporate purposes. SIS Cash Services is the second-largest player in the industry by revenue for fiscal 2024, with an estimated market share of 17-18 per cent, according to a Crisil report. The company operates under the trademark SIS Prosegur, while its wholly-owned material subsidiary, SIS Prosegur Holdings, operates un

SIS Ltd. has an average target of 450.33 from 3 brokers.

SIS Ltd.

26 Mar 2025

345.90

1.23%

Company Update

SIS Ltd - 540673 - Announcement under Regulation 30 (LODR)-Allotment

BSE India

The Board of Directors has approved the allotment of 25,000 Secured Redeemable Rated Listed Non-Convertible Debentures having a face value of Rs. 1,00,000/- each aggregating to Rs. 250,00,00,000/-

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SIS Ltd.

26 Mar 2025

345.90

1.23%

SAST

SIS Ltd - 540673 - Closure of Trading Window

BSE India

Closure of Trading Window

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SIS Ltd.

26 Mar 2025

345.90

1.23%

SIS Ltd shares drop 3% after board approves buyback; check details here

Business Standard

The buyback is proposed to be made from all the shareholders/beneficial owners of the equity shares of the company

SIS Ltd.'s price crossed above 200Day SMA today

Small-cap stock SIS declares buyback of shares at 404. Check details

livemint | 26 Mar 2025

SIS Ltd.

25 Mar 2025

345.90

1.23%

Board Meeting

SIS Ltd - 540673 - Board Meeting Outcome for Outcome Of Board Meeting - Approving Buy-Back …

BSE India

Outcome of the Board Meeting regarding Buy-back of Equity Shares of the Company

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SIS Ltd.

25 Mar 2025, 10:10AM

345.90

1.23%

Small-cap stock SIS to declare buyback of shares today. Do you own?

livemint

At 9:30 am, SIS share price was trading at 330.05 on National Stock Exchange (NSE) on March 25.

SIS Ltd.'s price crossed above 200Day SMA today

SIS Ltd.

20 Mar 2025

345.90

1.23%

Board Meeting

SIS Ltd - 540673 - Board Meeting Intimation for Buy Back Of Equity Shares

BSE India

SIS Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 25/03/2025 ,inter alia, to consider and approve the proposal for buyback of the equity shares of the Company as well as matters related/incidental thereto.

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SIS Ltd.

20 Mar 2025

345.90

1.23%

Company Update

SIS Ltd - 540673 - Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS

BSE India

The Nomination and Remuneration Committee of the Company has considered and approved the allotment of 2,08,324 Equity Shares of Rs. 5 Each, under the Employee Stock Option Plan of the Company.

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