Saturday, April 27, 2024

Tips Industries Buyback 2024 Record Date, Price & Ratio Details

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

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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.

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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.

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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?

Tips Industries Buyback 2024 open date is [.].

What is Tips Industries Buyback 2024 Price?

The corporate has mounted the associated fee at ₹625 in keeping with percentage.

How to use for Tips Industries Buyback 2024?

As in keeping with the report date you want to have Tips Industries stocks to your Demat Account. You can take part in buyback after having the inventory to your Account.



– Source : IPOWATCH

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