Mayur Uniquoters of ₹40 crores approved by the board of directors at the meeting was held on August 8, 2024. Mayur Uniquoters will be done via the Tender Offer route through the stock exchange mechanism. The board of directors of the company approved the buyback by the Company of its fully paid-up equity shares having a face value of ₹5 each equity share at a price of ₹800 per Equity Share and for an aggregate amount not exceeding ₹40 crores from the shareholders. Check out Mayur Uniquoters Buyback 2024 details below:
Mayur Uniquoters Limited was founded in 1994 and has since evolved to become India’s largest maker of artificial leather, specializing in sophisticated ‘Release Paper Transfer Coating Technology.’ From starting with a monthly production of only 0.25 million linear meters, the company has expanded to a monthly output of 4.05 million linear meters because of advanced Italian coating lines and a new PU coating factory. Mayur Uniquoters, which was nominated to Forbes Asia’s Top 200 under $1 billion list in 2012, is characterized by a focus on client pleasure and innovation. The company is certified with a Quality Management System and remains committed to excellence in artificial leather manufacturing.
Mayur Uniquoters History
- N/A
Mayur Uniquoters Buyback 2024 Dates
| Buyback Meeting Date: | August 8, 2024 |
| Buyback Announcement Date: | August 8, 2024 |
| Buyback Record Date: | August 23, 2024 |
| Last Date to Buy Shares: | August 22, 2024 |
| Buyback Open Date: | 2024 |
| Buyback Close Date: | 2024 |
| Finalization of Buyback Acceptance: | 2024 |
Mayur Uniquoters Buyback 2024 Offer Details
Mayur Uniquoters of 500,000 equity shares at a price of ₹800 per equity share. The buyback offers not to exceed ₹40 crores of the total buyback offer size.
| Offer Amount: | ₹40 Crores |
| Number of Shares: | 500,000 Equity Shares |
| Face Value: | ₹5 per equity share |
| Buyback Price: | ₹800 per equity share |
| Listing: | BSE, NSE |
| Buyback Type: | Tender Offer |
| Letter of Offer: | Click Here |
Mayur Uniquoters Buyback 2024 Acceptance Ratio
The investor should buy around 250 shares at a current market price of ₹633 (as of date). The calculation will be ₹2,00,000 / ₹800 buyback price = 250 shares.
| Acceptance Ratio | Investment | Shares Buyback | Profit |
| 33% | ₹158000 | 82 | ₹13776 |
| 50% | ₹158000 | 125 | ₹21000 |
| 75% | ₹158000 | 187 | ₹31416 |
| 100% | ₹158000 | 250 | ₹42000 |
Mayur Uniquoters Financial Report
| ₹ in Crores | |||
| Year | Revenue | Expense | PAT |
| 2022 | ₹651.30 | ₹540.07 | ₹84.34 |
| 2023 | ₹779.83 | ₹644.49 | ₹107.48 |
| 2024 | ₹795.01 | ₹639.91 | ₹119.55 |
How to Participate in Mayur Uniquoters Buyback 2024
The investors are eligible for the buyback scheme who have Mayur Uniquoters shares in their Demat Account as the Record Date. Eligible Share Holders can participate in the Mayur Uniquoters Buyback 2024 scheme as per the opening form by selling their shares. The payment will be given as per the Mayur Uniquotersepted shares by the company under the Mayur Uniquoters scheme.
Mayur Uniquoters Buyback 2024 Registrar
To be updated soon
Mayur Uniquoters Buyback 2024 Lead Managers
- To be updated soon
Mayur Uniquoters Company Address
Mayur Uniquoters Limited
Village: Jaitpura,
Jaipur-Sikar Road,
Jaipur – 303704
Phone: +91-1423-224001
Email: [email protected]
Website: https://www.mayuruniquoters.com/
How to Apply the Mayur Uniquoters through 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 “Mayur Uniquoters”. Click on Place Order. Enter your Quantity and submit Mayur Uniquoters Application Form.
How to Apply the Mayur Uniquoters through Upstox?
Log in to Upstox Application with your credentials. Select the Mayur Uniquoters. You will see the Company Name “Mayur Uniquoters”. Click on Mayur Uniquoters Stock for Buyback. Enter your Quantity and submit Mayur Uniquoters Application Form.
How to Apply the Mayur Uniquoters through Mayur Uniquoters Paytm Money?
Log in to Paytm Money Application with your credentials. Select the Mayur Uniquoters. Enter your Quantity and submit Mayur Uniquoters Application Form.
