Shanthi Gears/Shanti Gears

This is a special situation - there is an open offer for Shanthi Gears at 81/share. Details in this link:

http://www.bseindia.com/xml-data/corpfiling/AttachLive/Shanthi_Gears_Ltd1_130712.pdf

The investment operation involves buying shares from the market (tomorrow and the days that follow, below 81/share), say at 66.3 (as this would likely be locked on UC of 5%) and getting out at around 80/share or more making around 21% in 4-5 days. Looks like a fairly protected bet with decent returns.

Thoughts?