Transport Corporation Of India Buyback 2024

Transport Corporation Of India Ltd. Buyback

Transport Corporation Of India Buyback 2024
Tender Offer

₹1,200.00

Buyback price per share

03 Sep, 2024

Last Date to buy shares

04 Sep, 2024

Record Date

10 Sep, 2024

Offer Opens

17 Sep, 2024

Offer Closes

17 Sep, 2024

Last Date for Tender Forms

23 Sep, 2024

Finalisation of Buyback Acceptance

24 Sep, 2024

Last Date for settlement of bids

04 Oct, 2024

Last Date for Extinguishment of Shares
About Transport Corporation Of India Ltd. Buyback Company

Transport Corporation of India Limited (TCI), formerly known as TCI Industries Limited, offers multimodal solutions tailored to the needs of logistics

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Transport Corporation Of India Ltd. Buyback Details
  • Security Name Transport Corporation Of India Ltd.
  • Buyback Price ₹1,200.00
  • Face Valuet ₹2.00
  • Listing at Group BSE, NSE
  • Lead Manager Ambit Private Limited
  • Issue Size 1,333,333 (1.72 % of Total number of equity Shares)
  • Buyback Docs Letter Of Offer
Transport Corporation Of India Ltd. Buyback Ratio
Categoryy Entitlement Ratio of Buyback Shares Offered
Reserved Category for Small Shareholders 9/71 200000
General Category for all other Eligible Shareholders 12/763 1133333
Transport Corporation Of India Ltd. Buyback Company Financials
All values are in ₹ Cr.
31-Mar-24 31-Mar-23 31-Mar-22
Total Revenue 2,271.54 2,034.9 1,958.55
Reserves And Surplus -- -- --
Net Worth -- -- --
Total Assets 772.86 859.56 669.85
Profit After Tax 279.75 274.54 274.57
Total Borrowing -- -- --
How to Participate in Transport Corporation Of India Ltd. Buyback?
Hold shares on Record Date
Firstly, to be eligible for the buyback the investor should have shares of Transport Corporation Of India Ltd. Buyback in Demat or physical form as on the record date Sep 4, 2024.
Tender via Broker or Exchange
Once you have shares in Demat, you can participate in the buyback process which is opening from Sep 10, 2024 by tendering your shares through your broker on BSE, NSE.
Receive Payment & Reversal
Then on Oct 4, 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 Transport Corporation Of India Ltd. Buyback Buyback 2026
Maximum market value of a share holder as on record date
₹200,000.00
Buyback price per share
₹1,200.00
Maximum share for small shareholders (200000/ 1200)
166.67 share
Closing price of stock as of 2024-08-26
₹1,101.85
Maximum amount insted in buyback (₹1,101.85 x 167 shares)
₹183,641.67

* 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 26, 2024

Expected Profit from the Transport Corporation Of India Ltd. Buyback on the bases of acceptance Ratio:
Acceptance Ratio Amount Invested in Buyback No. of Shares Buyback Buyback Profit Profit%
33% ₹183,641.67 55 5398 2.94%
50% ₹183,641.67 83 8146 4.44%
75% ₹183,641.67 125 12268 6.68%
100% ₹183,641.67 166 16292 8.87%

Amount Invested in Buyback: ₹183,641.67

33% Acceptance Ratio
Shares Buyback: 55
Buyback Profit: 5398
Profit %: 2.94%
50% Acceptance Ratio
Shares Buyback: 83
Buyback Profit: 8146
Profit %: 4.44%
75% Acceptance Ratio
Shares Buyback: 125
Buyback Profit: 12268
Profit %: 6.68%
100% Acceptance Ratio
Shares Buyback: 166
Buyback Profit: 16292
Profit %: 8.87%
Contact Details

Transport Corporation Of India Ltd. Buyback

Kamla Centre, SCO 88-89, Sector 8-C, Chandigarh - 160009

+91 172 2548223

info@kddl.com

ttps://www.kddl.com/

Registrar Contact Details

Kfin Technologies Limited

04067162222, 04079611000