Tips Industries Limited Buyback
Tips Industries Buyback 2024
Tender Offer
₹625.00
Buyback price per share19 Apr, 2024
Last Date to buy shares22 Apr, 2024
Record Date26 Apr, 2024
Offer Opens03 May, 2024
Offer Closes03 May, 2024
Last Date for Tender Forms10 May, 2024
Finalisation of Buyback Acceptance10 May, 2024
Last Date for settlement of bids23 May, 2024
Last Date for Extinguishment of SharesAbout Tips Industries Limited Buyback Company
Tips Industries Limited was founded in 1975 and is one of India's largest entertainment companies engaged in the production, promotion and distribution of music and films.
Initially, the company dealt in gramophone records, recorded audio cassettes, blank audio cassettes and replicated CDs. The company owns more than 3500 titles and copyrights of numerous Hindi films, of which at least 10 are among the 10 million sellers, more than 15 have sales of more than 5 million and another 20 have sales of around one million. Tips also owns the soundtrack copyrights to at least 50 Hindi films.
Tips Industries has its own manufacturing facility and distribution system. These factories have digital mastering facilities, operate on a just-in-time inventory management system and utilise in-house logistics facilities to supply more than 1,50,000 cassettes per day to the Indian market. The company also has a global presence with offices in the USA, Dubai and the UK.
Tips Industries Limited Buyback Details
- Security Name Tips Industries Limited
- Buyback Price ₹625.00
- Face Valuet ₹1.00
- Listing at Group BSE,NSE
- Lead Manager Vivro Financial Services Private Limited
- Issue Size 595,000 (0.46 % of Total number of equity Shares)
- Buyback Docs Letter Of Offer
Tips Industries Limited Buyback Ratio
| Categoryy | Entitlement Ratio of Buyback | Shares Offered |
|---|---|---|
| Reserved Category for Small Shareholders | 11/444 | 89250 |
| General Category for all other Eligible Shareholders | 11/931 | 505750 |
Tips Industries Limited Buyback Company Financials
| 31-Mar-23 | 31-Mar-22 | 31-Mar-21 | |
|---|---|---|---|
| Total Assets | 192.70 | 146.78 | 150.10 |
| Total Revenue | 192.14 | 138.80 | 95.42 |
| Reserves And Surplus | -- | -- | -- |
| Total Borrowing | -- | -- | -- |
| Net Worth | -- | -- | -- |
| Profit After Tax | 76.52 | 64.56 | 43.46 |
How to Participate in Tips Industries Limited Buyback?
Calculation of Investment in Tips Industries 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 Feb 28, 2024
Expected Profit from the Tips Industries Limited Buyback on the bases of acceptance Ratio:
| Acceptance Ratio | Amount Invested in Buyback | No. of Shares Buyback | Buyback Profit | Profit% |
|---|---|---|---|---|
| 33% | ₹162,448.00 | 105 | 12321 | 7.58% |
| 50% | ₹162,448.00 | 160 | 18776 | 11.56% |
| 75% | ₹162,448.00 | 240 | 28164 | 17.34% |
| 100% | ₹162,448.00 | 320 | 37552 | 23.12% |
Amount Invested in Buyback: ₹162,448.00
Contact Details
Tips Industries Limited Buyback
601, Durga Chambers,6th Floor, Linking Road, Khar (West), Mumbai - 400 052
+91 22 6643 1188
response@tips.in
Registrar Contact Details
Bigshare Services Pvt Ltd
buybackoffer@bigshareonline.com
+91-22-6263 8200