Friday, May 10, 2024

Siyaram Silk Mills Buyback 2023 Record Date, Price & Ratio Details

Siyaram Silk Mills Buyback of ₹107.99 crores authorized by way of the board of administrators on the assembly used to be hung on August 12, 2023. Siyaram Silk Mills Buyback will likely be finished by the use of the Tender Offer path throughout the inventory trade mechanism. The board of administrators of the corporate authorized the buyback by way of the Company of its totally paid-up fairness stocks having a face worth of ₹2 each and every fairness percentage at a worth of ₹650 consistent with Equity Share and for an mixture quantity no longer exceeding ₹107.99 crores from the shareholders. Check out Siyaram Silk Mills Buyback 2023 main points beneath:

Siyaram Silk Mills Limited used to be integrated in 1978 and is headquartered in Mumbai, India. The Company advantages from having resilient serving portfolios of manufacturers inside India. Siyaram Silk Mills Limited is among India’s most famed manufacturers and entrepreneurs of materials, readymade clothes, and different textile merchandise. The Company is known for its top quality materials and attire the use of more than a few blends constituted of polyviscose, cotton, wool, linen, bamboo, and stretch. In addition, the Company operates and franchises a series of retail shops, which give menswear style materials, attire, and equipment. The Company sells its merchandise underneath a couple of manufacturers that revel in prime recall worth with shoppers. They come with logo names similar to Siyaram, J. Hampstead, Oxemberg, and Cadini. The Company has an in depth distribution community that permeates India, giving an aspiring but underserved huge inhabitants able get right of entry to to top quality materials and attire at horny worth issues. This makes Siyaram’s manufacturers the most well liked selection in India’s fast-growing but untapped marketplace. It is subsidized by way of extremely built-in and cutting-edge production and retailing functions.

Siyaram Silk Mills Buyback History

  • This is the primary Siyaram Silk Mills buyback so there is not any ancient information.

Siyaram Silk Mills Buyback 2023 Dates

Buyback Meeting Date: August 12, 2023
Buyback Announcement Date: August 12, 2023
Buyback Record Date: September 18, 2023
Last Date to Buy Shares: September 17, 2023
Buyback Open Date: 2023
Buyback Close Date: 2023
Finalization of Buyback Acceptance: 2023
Siyaram Silk Mills Buyback 2023 Tentative Time Table

Siyaram Silk Mills Buyback 2023 Offer Details

Siyaram Silk Mills buyback of 16,61,530 fairness stocks at a worth of ₹650 consistent with fairness percentage. The buyback gives to not exceed ₹107.99 crores of the entire buyback be offering measurement.

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Offer Amount: ₹107.99 Crores
Number of Shares: 16,61,530 Equity Shares
Face Value: ₹2 consistent with fairness percentage
Buyback Price: ₹650 consistent with fairness percentage
Listing: BSE and NSE
Buyback Type: Open Market
Letter of Offer: Click Here

Siyaram Silk Mills Buyback 2023 Acceptance Ratio

The investor must purchase round [.] stocks at a present marketplace worth of ₹[.] (as of date). The calculation will likely be ₹2,00,000 / ₹[.] buyback worth = [.] stocks.

Acceptance Ratio Investment Shares Buyback Profit
33% ₹161,175 101 ₹12,625
50% ₹161,175 153 ₹19,125
75% ₹161,175 230 ₹28,750
100% ₹161,175 307 ₹38,375

Siyaram Silk Mills Financial Report

₹ in Crores
Year Revenue Expense PAT
2021 ₹1,088 ₹1,033 ₹5
2022 ₹1,903 ₹1,569 ₹213
2023 ₹2,229 ₹1,860 ₹252

How to Participate in Siyaram Silk Mills Buyback 2023

The traders are eligible for the buyback scheme who’ve Siyaram Silk Mills stocks of their Demat Siyaram Silk Millsount because the Record Date.. Eligible Share Holders can take part within the Siyaram Silk Mills Buyback 2023 scheme as consistent with the hole shape by way of promoting their stocks. The fee will likely be given as consistent with the Siyaram Silk Millsepted stocks by way of the corporate underneath the Siyaram Silk Mills buyback scheme.

Siyaram Silk Mills Buyback 2023 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/mipo/ipoallotment.html

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Siyaram Silk Mills Buyback 2023 Lead Managers

  • Vivro Financial Services Private Limited

Siyaram Silk Mills Company Address

Siyaram Silk Mills Limited
B – 5, Trade World, Kamala City,
Senapati Bapat Marg, Lower Parel,
Mumbai – 400 013
Phone: +91 22 3040 0500
Email: [email protected]
Website: https://www.siyaram.com/

How to Apply the Siyaram Silk Mills Buyback thru Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on Corporate Actions. You will see the Company Name “Siyaram Silk Mills”. Click on Place Order. Enter your Quantity and publish Siyaram Silk Mills Buyback Application Form.

How to Apply the Siyaram Silk Mills Buyback thru Upstox?

Log in to Upstox Application along with your credentials. Select the Siyaram Silk Millsount Section. You will see the Company Name “Siyaram Silk Mills”. Click on Siyaram Silk Mills Stock for Buyback. Enter your Quantity and publish Siyaram Silk Mills Buyback Application Form.

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How to Apply the Siyaram Silk Mills Buyback thru Siyaram Silk Mills Money?

Log in to Siyaram Silk Mills Money Application along with your credentials. Select the Siyaram Silk Mills. Enter your Quantity and publish Siyaram Silk Mills Buyback Application Form.

Siyaram Silk Mills Buyback 2023 FAQs

When is Siyaram Silk Mills Buyback 2023 Record Date?

Siyaram Silk Mills buyback 2023 document date is September 18, 2023.

When is Siyaram Silk Mills Buyback 2023 Open Date?

Siyaram Silk Mills buyback 2023 open date is To be up to date quickly.

What is Siyaram Silk Mills Buyback 2023 Price?

The corporate has fastened the cost at ₹650 consistent with percentage.

How to use for Siyaram Silk Mills Buyback 2023?

As consistent with the document date you want to have Siyaram Silk Mills stocks to your Demat Account. You can take part in buyback after having the inventory to your Account.

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– Source : IPOWATCH

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