Indian Toners & Developers Limited Buyback
Indian Toners & Developers Buyback 2024
Tender Offer
₹450.00
Buyback price per share29 Aug, 2024
Last Date to buy shares30 Aug, 2024
Record Date05 Sep, 2024
Offer Opens11 Sep, 2024
Offer Closes11 Sep, 2024
Last Date for Tender Forms18 Sep, 2024
Finalisation of Buyback Acceptance19 Sep, 2024
Last Date for settlement of bids30 Sep, 2024
Last Date for Extinguishment of SharesAbout Indian Toners & Developers Limited Buyback Company
Indian Toners & Developers Limited manufactures and exports compatible toners for laser printers, copiers, and multifunction printers. The company operates on a business-to-business (B2B) model, supplying its products to original equipment manufacturers (OEMs), distributors, and large-scale enterprises worldwide.
ITDL manufactures toners for various printer types, including black-and-white and color toners. The company also creates custom toner formulas to meet specific client needs.
Indian Toners & Developers Ltd. operates two production units: Unit 1 in Rampur, U.P. and Unit 2 in Sitarganj, Uttarakhand.
Indian Toners & Developers Limited is certified as ISO 9001:2015 and ISO 14001:2015.The company has a manufacturing capacity to produce 4800 metric tons of toners per year.
Indian Toners serves over 600 wholesalers, 1600 refillers, and 40000 jobbers across the country. The company is headquartered in New Delhi, and its sales team consists of approximately 60 individuals based in different parts of India to manage product sales.The company has exported its products to more than 15 countries.
Indian Toners & Developers Limited Buyback Details
- Security Name Indian Toners & Developers Ltd.
- Buyback Price ₹450.00
- Face Valuet ₹10.00
- Listing at Group BSE
- Lead Manager Corporate Professionals Capital Private Ltd
- Issue Size 458,268 (4.22 % of Total number of equity Shares)
- Buyback Docs Letter Of Offer
Indian Toners & Developers Limited Buyback Ratio
| Categoryy | Entitlement Ratio of Buyback | Shares Offered |
|---|---|---|
| Reserved Category for Small Shareholders | 34/805 | 81515 |
| General Category for all other Eligible Shareholders | 34/805 | 376753 |
Indian Toners & Developers Limited Buyback Company Financials
| 31-Mar-23 | 31-Mar-22 | 31-Mar-21 | |
|---|---|---|---|
| Profit After Tax | 263.14 | 189.43 | 135.5 |
| Net Worth | -- | -- | -- |
| Total Borrowing | -- | -- | -- |
| Total Revenue | 1,590.14 | 1,233.9 | 1,825.52 |
| Reserves And Surplus | 1,774.09 | 1,548.35 | 1,694.23 |
| Total Assets | 2,112.04 | 1,918.49 | 1,825.52 |
How to Participate in Indian Toners & Developers Limited Buyback?
Calculation of Investment in Indian Toners & Developers Limited Buyback Buyback 2026
* No. of shares stands to change according to the closing price on the record date
* For simplicity, we have considered the price on date Aug 20, 2024
Expected Profit from the Indian Toners & Developers Limited Buyback on the bases of acceptance Ratio:
| Acceptance Ratio | Amount Invested in Buyback | No. of Shares Buyback | Buyback Profit | Profit% |
|---|---|---|---|---|
| 33% | ₹163,782.22 | 146 | 11897 | 7.26% |
| 50% | ₹163,782.22 | 222 | 18090 | 11.05% |
| 75% | ₹163,782.22 | 333 | 27136 | 16.57% |
| 100% | ₹163,782.22 | 444 | 36181 | 22.09% |
Amount Invested in Buyback: ₹163,782.22
Indian Toners & Developers Limited Buyback - Necessity of the Objective
The buyback will help the company return surplus cash to its shareholders holding equity shares broadly in proportion to their shareholding.
The buyback consists of up to 15% reservation for the small shareholder. The company believes that this reservation for small shareholders would benefit many public shareholders who would be classified as small shareholders.
The buyback may help in improving financial ratios like return on equity, by reduction in the equity base, thereby leading to a long-term increase in shareholders' value.
The Buyback gives an option to the shareholders holding Equity Shares of the Company, who can choose to participate and get cash in lieu of Equity Shares or they may choose not to participate and enjoy a resultant increase in their percentage shareholding, post the Buyback offer.
Contact Details
Indian Toners & Developers Limited Buyback
D-11, Phase-II, Eldeco, Sidcul Industrial Park, Sitarganj
+919758345100
investors@indiantoners.com