Pennar Industries buyback 2022 was introduced on 09 March 2022. The Pennar Industries buyback document date isn’t mounted because it’s an open market supply. The investor can buy the Pennar Industries shares on or earlier than the document date to get the eligibility for the buyback.
Pennar Industries began its engineering excellence in 1998. They established their first manufacturing plant at Isnapur, Hyderabad. After that, they’ve a collection of strategic acquisitions and growth plans. They are one of many main value-added engineering merchandise and options suppliers in India. They have made their presence within the industries like Infrastructure, Agriculture, Mining, Marine, Paper, Shipping, Automobiles, Power, General Engineering, and Building & Construction sectors. Currently, they’ve round 9 manufacturing vegetation in India and a presence globally. They cater to among the larger purchasers like Tata, L&T, Ashok Leyland, IFB, Mahindra, JSW, NCC, Honda, TVS, Eicher, Whirlpool, Toyota, Voltas, LG, HCC, P&G, BGR Energy, Hyundai, Maruti Suzuki, MRF, NTPC, Bhel, and extra. Check out Pennar Industries Buyback 2022 particulars beneath given:
Pennar Industries Buyback 2022 Date & Time Table
 Buyback Meeting Date: |
 09 March 2022 - Advertisement -
|
 Buyback Announcement Date: |  09 March 2022 |
 Buyback Record Date: |  Open Market |
 Buyback Open Date: |  2022 |
 Buyback Close Date: |
 2022 |
 Finalization of Buyback Acceptance: |
 2022 |
Pennar Industries Buyback 2022 Offer Details
 Offer Amount: |  ₹40 Crores |
 Number of Shares: |
 – Shares - Advertisement -
|
 Face Value: |
 ₹5 per fairness share |
 Buyback Price: |  ₹50 per fairness share |
 Listing: |  BSE & NSE |
 Buyback Type: |  Open Market Offer |
Pennar Industries buyback of – fairness shares which are round -% of all the prevailing variety of fairness shares at a worth of ₹50 per fairness share. The buyback affords not to exceed ₹40 crores of the full buyback supply measurement. Pennar Industries Buyback Acceptance Ratio shall be round (To be up to date quickly).
Pennar Industries Buyback Acceptance Ratio (Estimated)
The investor can buy round 4000 shares at a present market worth of ₹36.50 (As of 15 March 2022). The calculation shall be Rs.2,00,000 / 50 buyback worth = 4000 shares.
Acceptance Ratio | Investment | Shares Buyback | Profit |
33% | ₹146,000 | 1320 | ₹17,820 |
50% | ₹146,000 | 2000 | ₹27,000 |
75% | ₹146,000 | 3000 | ₹40,500 |
100% | ₹146,000 | 4000 | ₹54,000 |
Pennar Industries Financial Report
 ₹ in Crores | |||||
Revenue | Expense | PAT |
|||
2019 | ₹2142 | ₹2063 | ₹66.66 | ||
2020 | ₹2118 | ₹2064 | ₹53.40 | ||
2021 | ₹1534 | ₹1560 | ₹2.84 |
Pennar Industries Buyback Eligibility & How to Apply
The traders are eligible for the buyback scheme who’ve Pennar Industries shares of their Demat account because the document date isn’t mounted because it’s an open market supply. Investors can take part within the Pennar Industries Buyback 2022 scheme as per the opening kind by promoting their shares. The fee shall be given as per the accepted shares by the corporate beneath the Pennar Industries buyback scheme. The traders can take part in buyback through bodily kind or through your dealer or Demat account by putting an order.
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Pennar Industries Buyback Registrar
KFintech Private Limited
KFintech, Tower-B, Plot No 31 & 32,
Financial District, Nanakramguda, Gachibowli,
Hyderabad, Telangana India – 500 032.
Phone: 04067162222, 04079611000
Email: [email protected]
Website: https://karisma.kfintech.com/
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Pennar Industries Buyback Lead Managers
- Finshore Management Services Limited
Pennar Industries Company Address
Pennar Industries Limited
3 Floor, DHFLVC Silicon Towers, Kondapur,
Hyderabad – 500 084
Phone: +91 40 41923108
Email: [email protected]
Website: http://www.pennarindia.com
Pennar Industries Buyback 2022 FAQs
Pennar Industries buyback 2022 document date is Open Market Offer.
Note: If something you need to know concerning the buyback supply you may refer to the Pennar Industries buyback supply paperwork.
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– Source : IPOWATCH