Ashiana Housing Buyback of ₹55 crores approved by the board of directors at the meeting was held on July 12, 2023. Ashiana Housing Buyback 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 ₹2 each equity share at a price of ₹301 per Equity Share and for an aggregate amount not exceeding ₹55 crores from the shareholders. Check out Ashiana Housing Buyback 2023 details below:
Ashiana Housing Ltd. (AHL) is a Real estate development company in India. The company was established in 1986 and headquartered in New Delhi. They was recognized by Forbes as Asia’s 200 Best Under A Billion in 2010 and 2011. Ashiana Housing was to give to the middle-class home owner features that were hitherto seen only in higher income level group housing: top quality construction, manicured lawns, expanse of greenery, children’s play areas, swimming pools, clubs, a calendar of social activities for the whole family, and a full roster of maintenance services. In 2020, India’s #1 senior living Homes Brand Ashiana Housing entered in Top 10 Indian Reality Company. Clocked all time high sales value of Rs 671 Crores and sales area of 19.82 lakhs sq.ft.
Ashiana Housing Buyback History
- This is the first Ashiana Housing buyback so there is no historical data.
Ashiana Housing Buyback 2023 Dates
| Buyback Meeting Date: | July 12, 2023 |
| Buyback Announcement Date: | July 12, 2023 |
| Buyback Record Date: | July 28, 2023 |
| Last Date to Buy Shares: | July 27, 2023 |
| Buyback Open Date: | August 2, 2023 |
| Buyback Close Date: | August 8, 2023 |
| Finalization of Buyback Acceptance: | August 11, 2023 |
Ashiana Housing Buyback 2023 Offer Details
Ashiana Housing buyback of 1,827,242 equity shares at a price of ₹301 per equity share. The buyback offers not to exceed ₹55 crores of the total buyback offer size.
| Offer Amount: | ₹55 Crores |
| Number of Shares: | 1,827,242 Equity Shares |
| Face Value: | ₹2 per equity share |
| Buyback Price: | ₹301 per equity share |
| Listing: | BSE, NSE |
| Buyback Type: | Tender Offer |
| Letter of Offer: | Click Here |
Ashiana Housing Buyback 2023 Acceptance Ratio
The investor should buy around [.] shares at a current market price of ₹[.] (as of date). The calculation will be ₹2,00,000 / ₹[.] buyback price = [.] shares.
| Acceptance Ratio | Investment | Shares Buyback | Profit |
| 33% | ₹[.] | [.] | ₹[.] |
| 50% | ₹[.] | [.] | ₹[.] |
| 75% | ₹[.] | [.] | ₹[.] |
| 100% | ₹[.] | [.] | ₹[.] |
Ashiana Housing Financial Report
| ₹ in Crores | |||
| Year | Revenue | Expense | PAT |
| 2021 | ₹242 | ₹241 | ₹2 |
| 2022 | ₹222 | ₹231 | -₹7 |
| 2023 | ₹407 | ₹379 | ₹28 |
How to Participate in Ashiana Housing Buyback 2023
The investors are eligible for the buyback scheme who have Ashiana Housing shares in their Demat Account as the Record Date. Eligible Share Holders can participate in the Ashiana Housing Buyback 2023 scheme as per the opening form by selling their shares. The payment will be given as per the Ashiana Housingepted shares by the company under the Ashiana Housing buyback scheme.
Ashiana Housing Buyback 2023 Registrar
Beetal Financial & Computer Services (P) Limited
Phone: +91 11 29961281
Email: [email protected]
Website: http://www.beetalfinancial.com
Ashiana Housing Buyback 2023 Lead Managers
- Emkay Global Financial Services Ltd
Ashiana Housing Company Address
Ashiana Housing Limited
304, Southern Park,
Saket District Centre,
Saket, New Delhi – 110017
Phone: 11 4265 4265
Email: [email protected]
Website: https://www.ashianahousing.com/
How to Apply the Ashiana Housing Buyback 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 “Ashiana Housing”. Click on Place Order. Enter your Quantity and submit Ashiana Housing Buyback Application Form.
How to Apply the Ashiana Housing Buyback through Upstox?
Log in to Upstox Application with your credentials. Select the Ashiana Housingount Section. You will see the Company Name “Ashiana Housing”. Click on Ashiana Housing Stock for Buyback. Enter your Quantity and submit Ashiana Housing Buyback Application Form.
How to Apply the Ashiana Housing Buyback through Ashiana Housing Money?
Log in to Ashiana Housing Money Application with your credentials. Select the Ashiana Housing. Enter your Quantity and submit Ashiana Housing Buyback Application Form.
