Ladderup Finance of ₹11 crores approved by the board of directors at the meeting was held on August 27, 2024. Ladderup Finance 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 ₹44 per Equity Share and for an aggregate amount not exceeding ₹11 crores from the shareholders. Check out Ladderup Finance Buyback 2024 details below:
The Ladderup Group is a true pioneer in financial services. This organization was founded in 1993 and offers a wide range of financial services, including investment banking and project finance. Sunil Goyal is in charge of the company’s operations. Chartered accountants founded it with the goal of becoming the most knowledgeable participants in India’s capital markets. The company’s parent, Ladderup Finance Limited, is an NBFC registered with the RBI and listed on the BSE that primarily focuses on providing growth capital and ensuring that shareholders derive maximum value from its operations at all times. They have been in business since 2008, assisting High Net Worth Individuals (HNIs), corporations, and individuals with wealth management through research-based finance products.
Ladderup Finance History
- N/A
Ladderup Finance Buyback 2024 Dates
| Buyback Meeting Date: | August 27, 2024 |
| Buyback Announcement Date: | August 27, 2024 |
| Buyback Record Date: | September 6, 2024 |
| Last Date to Buy Shares: | September 5, 2024 |
| Buyback Open Date: | September 11, 2024 |
| Buyback Close Date: | September 18, 2024 |
| Finalization of Buyback Acceptance: | September 24, 2024 |
Ladderup Finance Buyback 2024 Offer Details
Ladderup Finance of 2,500,000 equity shares at a price of ₹44 per equity share. The buyback offers not to exceed ₹11 crores of the total buyback offer size.
| Offer Amount: | ₹11 Crores |
| Number of Shares: | 2,500,000 Equity Shares |
| Face Value: | ₹10 per equity share |
| Buyback Price: | ₹44 per equity share |
| Listing: | BSE |
| Buyback Type: | Tender Offer |
| Letter of Offer: | Click Here |
Ladderup Finance Buyback 2024 Acceptance Ratio
The investor should buy around4545 shares at a current market price of ₹44 (as of date). The calculation will be ₹2,00,000 / ₹44 buyback price = 4545 shares.
| Acceptance Ratio | Investment | Shares Buyback | Profit |
| 33% | ₹[.] | [.] | ₹[.] |
| 50% | ₹[.] | [.] | ₹[.] |
| 75% | ₹[.] | [.] | ₹[.] |
| 100% | ₹[.] | [.] | ₹[.] |
Ladderup Finance Financial Report
| ₹ in Crores | |||
| Year | Revenue | Expense | PAT |
| 2022 | ₹1.38 | ₹1.72 | ₹0.38 |
| 2023 | ₹1.30 | ₹3.25 | ₹1.64 |
| 2024 | ₹0.84 | ₹1.96 | ₹6.33 |
How to Participate in Ladderup Finance Buyback 2024
The investors are eligible for the buyback scheme who have Ladderup Finance shares in their Demat Account as the Record Date. Eligible Share Holders can participate in the Ladderup Finance Buyback 2024 scheme as per the opening form by selling their shares. The payment will be given as per the Ladderup Financeepted shares by the company under the Ladderup Finance scheme.
Ladderup Finance Buyback 2024 Registrar
Link Intime India Private Ltd
Link Intime India Private Ltd
C 101, 247 Park, L.B.S.Marg,
Vikhroli (West), Mumbai – 400083
Phone: +91-22-4918 6270
Email: [email protected]
Website: https://linkintime.co.in/initial_offer/public-issues.html
Ladderup Finance Buyback 2024 Lead Managers
- Mark Corporate Advisors Private Limited
Ladderup Finance Company Address
Ladderup Finance Limited
102-A, 1 st Floor, Hallmark Business Plaza
Sant Dyaneshwar Marg, Near Gurunanak Hospital
Bandra (East), Mumbai – 400051
Phone: 91-22-42 46 6363,
Email: [email protected]
Website: https://www.ladderup.com/
How to Apply the Ladderup Finance 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 “Ladderup Finance”. Click on Place Order. Enter your Quantity and submit Ladderup Finance Application Form.
How to Apply the Ladderup Finance through Upstox?
Log in to Upstox Application with your credentials. Select the Ladderup Finance. You will see the Company Name “Ladderup Finance”. Click on Ladderup Finance Stock for Buyback. Enter your Quantity and submit Ladderup Finance Application Form.
How to Apply the Ladderup Finance through Ladderup Finance Paytm Money?
Log in to Paytm Money Application with your credentials. Select the Ladderup Finance. Enter your Quantity and submit Ladderup Finance Application Form.
