Indian Toners and Developers of ₹20.62 crores approved by the board of directors at the meeting was held on August 20, 2024. Indian Toners and Developers 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 ₹10 each equity share at a price of ₹450 per Equity Share and for an aggregate amount not exceeding ₹20.62 crores from the shareholders. Check out Indian Toners and Developers Buyback 2024 details below:
Indian Toners and Developers Limited (ITDL) is a big name in the toner for laser printers, multi-functional printers, digital machines, analog photocopiers, and wide format printers in India. Founded back in 1990, ITDL boasts highly automated as well as integrated German manufacturing plants that have a production capacity of 4800 metric tons each year. It has nine production lines including eight which manufacture 600 tons. The company is an Indian pioneer in the distribution network with more than 115 suppliers and 60 direct dealers. Among other things, it exports to over 15 countries while also being recognized by the Indian government with “Excellence in Export Performance”. It has put emphasis on protecting the environment and has installed solar power plants for its own consumption. ITDL has a total workforce of over 350 professionals, ensuring a privileged relationship with its valued customers.
Indian Toners and Developers History
- N/A
Indian Toners and Developers Buyback 2024 Dates
| Buyback Meeting Date: | August 20, 2024 |
| Buyback Announcement Date: | August 20, 2024 |
| Buyback Record Date: | August 30, 2024 |
| Last Date to Buy Shares: | August 29, 2024 |
| Buyback Open Date: | September 5, 2024 |
| Buyback Close Date: | September 11, 2024 |
| Finalization of Buyback Acceptance: | September 18, 2024 |
Indian Toners and Developers Buyback 2024 Offer Details
Indian Toners and Developers of 458,268 equity shares at a price of ₹450 per equity share. The buyback offers not to exceed ₹20.62 crores of the total buyback offer size.
| Offer Amount: | ₹20.62 Crores |
| Number of Shares: | 458,268 Equity Shares |
| Face Value: | ₹10 per equity share |
| Buyback Price: | ₹450 per equity share |
| Listing: | BSE |
| Buyback Type: | Tender Offer |
| Letter of Offer: | Click Here |
Indian Toners and Developers Buyback 2024 Acceptance Ratio
The investor should buy around 444 shares at a current market price of ₹370 (as of date). The calculation will be ₹2,00,000 / ₹450 buyback price = 444 shares.
| Acceptance Ratio | Investment | Shares Buyback | Profit |
| 33% | ₹163392 | 146 | ₹11972 |
| 50% | ₹163392 | 222 | ₹18204 |
| 75% | ₹163392 | 333 | ₹27306 |
| 100% | ₹163392 | 444 | ₹36408 |
Indian Toners and Developers Financial Report
| ₹ in Crores | |||
| Year | Revenue | Expense | PAT |
| 2022 | ₹123.39 | ₹99.92 | ₹18.94 |
| 2023 | ₹159.01 | ₹124.92 | ₹26.31 |
| 2024 | ₹162.98 | ₹128.92 | ₹26.14 |
How to Participate in Indian Toners and Developers Buyback 2024
The investors are eligible for the buyback scheme who have Indian Toners and Developers shares in their Demat Account as the Record Date. Eligible Share Holders can participate in the Indian Toners and Developers Buyback 2024 scheme as per the opening form by selling their shares. The payment will be given as per the Indian Toners and Developersepted shares by the company under the Indian Toners and Developers scheme.
Indian Toners and Developers Buyback 2024 Registrar
Alankit Assignments Ltd
Alankit House 2E/21,
Jhandewalan Extension,
New Delhi – 110055
Phone: (011) 4254 1234
Email: [email protected]
Website: http://ipo.alankit.com/
Indian Toners and Developers Buyback 2024 Lead Managers
- Corporate Professionals Capital Private Ltd
Indian Toners and Developers Company Address
Indian Toners and Developers Limited
D-11, Phase-II, Eldeco
Sidcul Industrial Park
Sitarganj
Phone: +919758345100
Email: [email protected]
Website: https://indiantoners.com/
How to Apply the Indian Toners and Developers 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 “Indian Toners and Developers”. Click on Place Order. Enter your Quantity and submit Indian Toners and Developers Application Form.
How to Apply the Indian Toners and Developers through Upstox?
Log in to Upstox Application with your credentials. Select the Indian Toners and Developers. You will see the Company Name “Indian Toners and Developers”. Click on Indian Toners and Developers Stock for Buyback. Enter your Quantity and submit Indian Toners and Developers Application Form.
How to Apply the Indian Toners and Developers through Indian Toners and Developers Paytm Money?
Log in to Paytm Money Application with your credentials. Select the Indian Toners and Developers. Enter your Quantity and submit Indian Toners and Developers Application Form.
