Indian Toners & Developers Buyback 2024

Indian Toners & Developers Limited Buyback

Indian Toners & Developers Buyback 2024
Tender Offer

₹450.00

Buyback price per share

About Indian Toners & Developers Limited Buyback

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.

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Indian Toners & Developers Limited Buyback Details

Security Name

Indian Toners & Developers Ltd.

Buyback Price

₹450.00

Face Value

₹10.00

Listing at Group

BSE

Lead Manager

Corporate Professionals Capital Private Ltd

Buyback Docs

Letter Of Offer

Issue Size

458,268 (4.22 % of Total number of equity Shares)

Indian Toners & Developers Buyback 2024 Issue Timetable

Last Date to buy sharesRecord DateOffer Opens OnOffer Closes On *
Aug 29, 2024Aug 30, 2024Sep 5, 2024Sep 11, 2024
Last Date for receipt of Tender FormsFinalisation of Buyback AcceptanceLast Date for settlement of bidsLast Date for Extinguishment of Shares
Sep 11, 2024Sep 18, 2024Sep 19, 2024Sep 30, 2024

Indian Toners & Developers Limited Buyback Ratio

CategoryEntitlement Ratio of BuybackShares Offered
Reserved Category for Small Shareholders34/80581515
General Category for all other Eligible Shareholders34/805376753

Company Financials All values are in ₹ Cr.

Period Ended31-Mar-2331-Mar-2231-Mar-21
Total Borrowing------
Total Revenue1,590.141,233.91,825.52
Total Assets2,112.041,918.491,825.52
Profit After Tax263.14189.43135.5
Reserves And Surplus1,774.091,548.351,694.23
Net Worth------

How to Participate in Indian Toners & Developers Limited Buyback?

1. Firstly, to be eligible for the buyback the investor should have shares of Indian Toners & Developers Limited Buyback in Demat or physical form as on the record date Aug 30, 2024.

2. Once you have shares in Demat, you can participate in the buyback process which is opening from Sep 5, 2024 by selling your shares through your broker on BSE.

3. Then on Sep 30, 2024, the payment will be given to you for accepted shares and unaccepted shares will be returned to your Demat account.

Calculation of Investment in Indian Toners & Developers Limited Buyback

Maximum market value of a share holder as on record date

₹200,000.00

Buyback price per share

₹450.00

Maximum share for small shareholders (200000/ 450)

444.44 share

Closing price of stock as of 2024-08-20

₹368.51

Maximum amount insted in buyback (₹368.51 x 444.44444444444446 shares)

₹163,782.22

* 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

33%

50%

75%

100%

Amount Invested in Buyback

₹163,782.22

₹163,782.22

₹163,782.22

₹163,782.22

No. of Shares Buyback

146

222

333

444

Buyback Profit

11897

18090

27136

36181

Profit%

7.26%

11.05%

16.57%

22.09%

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.

Company Contact Information

Indian Toners & Developers Limited Buyback

D-11, Phase-II, Eldeco, Sidcul Industrial Park, Sitarganj

Email: investors@indiantoners.com

Phone: +919758345100

Website: https://indiantoners.com/

Indian Toners & Developers Buyback 2024 Registrar

Alankit Assignments Ltd

Email: info@alankit.com

Phone: (011) 4254 1234

Website: http://ipo.alankit.com/