Tips Industries of ₹37.18 crores authorized via the board of administrators on the assembly used to be hung on February 28, 2024 Tips Industries can be completed by the use of the Tender Offer direction throughout the inventory change mechanism. The board of administrators of the corporate authorized the buyback via the Company of its totally paid-up fairness stocks having a face price of ₹1 each and every fairness percentage at a worth of ₹625 in keeping with Equity Share and for an mixture quantity no longer exceeding ₹37.19 crores from the shareholders. Check out Tips Industries Buyback 2024 main points beneath:
Tips Industries Limited is a number one Indian tune label that creates and monetizes tune. It has an in depth tune repertoire of movie, non-film, devotional, pop, and recreations in Hindi, Punjabi, Telugu, Tamil, Marathi, Gujarati, Bhojpuri and different languages straddles all genres of in style Indian tune. The catalog is authorized to over-the-top (OTT) audio platforms like Spotify, JioSavaan, Apple (iTunes), and Amazon, OTT video platforms like YouTube, social media platforms, content material aggregators, tv channels, telecom corporations, radio stations, advertisers, match control corporations, lodges, eating places, and others. Through a strong multi-year observe report, the corporate has demonstrated constant luck in developing high quality tune and obtaining music-related highbrow assets rights (IPR).
Tips Industries History
Tips Industries Buyback 2024 Dates
Buyback Meeting Date: | February 28, 2024 |
Buyback Announcement Date: | February 28, 2024 |
Buyback Record Date: | 2024 |
Last Date to Buy Shares: | 2024 |
Buyback Open Date: | 2024 |
Buyback Close Date: | 2024 |
Finalization of Buyback Acceptance: | 2024 |
Tips Industries Buyback 2024 Offer Details
Tips Industries of 595,000 fairness stocks at a worth of ₹625 in keeping with fairness percentage. The buyback gives to not exceed ₹37.19 crores of the full buyback be offering dimension.
Offer Amount: | ₹37.18 Crores |
Number of Shares: | 595,000 Equity Shares |
Face Value: | ₹1 in keeping with fairness percentage |
Buyback Price: | ₹625 in keeping with fairness percentage |
Listing: | BSE, NSE |
Buyback Type: | Tender Offer |
Letter of Offer: | Click Here |
Tips Industries Buyback 2024 Acceptance Ratio
The investor will have to purchase round 320 stocks at a present marketplace worth of ₹[.] (as of date). The calculation can be ₹2,00,000 / ₹625 buyback worth = 320 stocks.
Acceptance Ratio | Investment | Shares Buyback | Profit |
33% | ₹161280 | 105 | ₹12705 |
50% | ₹161280 | 160 | ₹19360 |
75% | ₹161280 | 240 | ₹29040 |
100% | ₹161280 | 320 | ₹38720 |
Tips Industries Financial Report
₹ in Crores | |||
Year | Revenue | Expense | PAT |
2021 | ₹91 | ₹35 | ₹43 |
2022 | ₹136 | ₹49 | ₹65 |
2023 | ₹187 | ₹85 | ₹77 |
How to Participate in Tips Industries Buyback 2024
1. Firstly, to be eligible for the buyback the investor will have to have stocks of Tips Industries Limited in Demat or bodily shape as at the report date [To be Updated].
2. Once you’ve got stocks in Demat, you’ll be able to take part within the buyback procedure which is opening from [To be Updated] via promoting your stocks thru your dealer on NSE or BSE.
3. Then on [To be Updated], the fee can be given to you for authorised stocks and unaccepted stocks can be returned in your Demat account.
Tips Industries Buyback 2024 Registrar
NA
Tips Industries Buyback 2024 Lead Managers
Tips Industries Company Address
Tips Industries Limited
601, Durga Chambers,
sixth Floor, Linking Road,
Khar (West), Mumbai – 400 052
Phone: +91 22 6643 1188
Email: [email protected]
Website: https://pointers.in/
How to Apply the Tips Industries 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 “Tips Industries “. Click on Place Order. Enter your Quantity and post Tips Industries Application Form.
How to Apply the Tips Industries thru Upstox?
Log in to Upstox Application together with your credentials. Select the Tips Industries . You will see the Company Name “Tips Industries “. Click on Tips Industries Stock for Buyback. Enter your Quantity and post Tips Industries Application Form.
How to Apply the Tips Industries thru Tips Industries Paytm Money?
Log in to Paytm Money Application together with your credentials. Select the Tips Industries . Enter your Quantity and post Tips Industries Application Form.
Tips Industries Buyback 2024 FAQs
When is Tips Industries Buyback 2024 Record Date?
Tips Industries Buyback 2024 report date is [.].
When is Tips Industries Buyback 2024 Open Date?
What is Tips Industries Buyback 2024 Price?
How to use for Tips Industries Buyback 2024?
– Source : IPOWATCH