Prime Securities of ā¹18.30 crores approved by the board of directors at the meeting was held on January, 27 2025. Prime Securities 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 ā¹5 each equity share at a price of ā¹305 per Equity Share and for an aggregate amount not exceeding ā¹18.30 crores from the shareholders. Check out Prime Securities Buyback 2025 details below:
Prime Securities founded in 1982, is one of the growing companies known to offer financial services in the investment banking and corporate advisory sector in India. The company operates under the Securities and Exchange Board of India regulatory framework. Services such as fundraising, mergers and acquisitions, equity and debt private placements, initial public offerings, corporate advisory, and capital restructuring are some of the services the company portfolio consists of. Additionally, Prime Securities also tried to expand its business in trading by adding financial instruments such as shares, stocks, bonds, and securities. Wealth management and investment advisory are some other services they also offer to their clients. Prime Securities has established itself by providing innovative solutions and building strong relationships with its clients.
Prime Securities History
- N/A
Prime Securities Buyback 2025 Dates
| Buyback Meeting Date: | January 27, 2025 |
| Buyback Announcement Date: | January 27, 2025 |
| Buyback Record Date: | 2026 |
| Last Date to Buy Shares: | 2026 |
| Buyback Open Date: | 2026 |
| Buyback Close Date: | 2026 |
| Finalization of Buyback Acceptance: | 2026 |
Prime Securities Buyback 2025 Offer Details
Prime Securities of 6,00,000 equity shares at a price of ā¹305 per equity share. The buyback offers not to exceed ā¹18.30 crores of the total buyback offer size.
| Offer Amount: | ā¹18.30 Crores |
| Number of Shares: | 6,00,000 Equity Shares |
| Face Value: | ā¹5 per equity share |
| Buyback Price: | ā¹305 per equity share |
| Listing: | BSE, NSE |
| Buyback Type: | Tender Offer |
| Letter of Offer: | Click Here |
Prime Securities Buyback 2025 Acceptance Ratio
The investor should buy around 656 shares at a current market price of ā¹242.65 (as of date). The calculation will be ā¹2,00,000 / ā¹305 buyback price = 656 shares.
| Acceptance Ratio | Investment | Shares Buyback | Profit |
| 33% | ā¹1,58,096 | 216 | ā¹13,824 |
| 50% | ā¹1,58,096 | 328 | ā¹20,992 |
| 75% | ā¹1,58,096 | 492 | ā¹31,488 |
| 100% | ā¹1,58,096 | 656 | ā¹41,984 |
Prime Securities Financial Report
| ā¹ in Crores | |||
| Year | Revenue | Expense | PAT |
| 2022 | ā¹34.13 | ā¹19.26 | ā¹14.20 |
| 2023 | ā¹28.73 | ā¹19.62 | ā¹7.76 |
| 2024 | ā¹33.65 | ā¹23.49 | ā¹8.62 |
How to Participate in Prime Securities Buyback 2025
The investors are eligible for the buyback scheme who have Prime Securities shares in their Demat Account as the Record Date. Eligible Share Holders can participate in the Prime Securities Buyback 2025 scheme as per the opening form by selling their shares. The payment will be given as per the Prime Securities accepted shares by the company under the Prime Securities scheme.
Prime Securities Buyback 2025 Registrar
To be updated soon
Prime Securities Buyback 2025 Lead Managers
- To be updated soon
Prime Securities Company Address
Prime Securities Limited
1109 / 1110, Maker Chambers V,
Nariman Point, Mumbai 400021
Phone: +91-22-6184 2525
Email: [email protected]
Website: http://www.primesec.com/
