Rajoo Engineers Buyback 2024 Record Date, Price & Ratio Details

Rajoo Engineers buyback 2024 details: The Rajoo Engineers buyback open date is February 6, 2024. Rajoo Engineers buyback record date is January 31, 2024 as its a Open Market Offer. The investor should buy the Rajoo Engineers shares before the record date to get eligibility for the buyback.

Rajoo Engineers Buyback 2024

Table of Contents

Rajoo Engineers Buyback of ₹19.78 crores approved by the board of directors at the meeting was held on Novembre 29 2023. Rajoo Engineers 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 ₹1 each equity share at a price of ₹210 per Equity Share and for an aggregate amount not exceeding ₹19.78 crores from the shareholders. Check out Rajoo Engineers Buyback 2024 details below:


Based in Rajkot, Rajoo Engineers Limited, having made a modest beginning in 1986 has today emerged as an undisputed global player in blown film and sheet extrusion lines. Owing to its focused efforts in blown film, sheet extrusion lines, and Thermoformers, the Company enjoys a premium market position in this segment. Being a technology-driven company product innovations, world-class quality, state-of-the-art workmanship, increased energy efficiency, and high levels of sophistication and automation have become the hallmark of Rajoo products during all these years, positioning the Company’s products on a global platform, competing with the established world leaders. With representations in many countries of the world and customers in over 70 countries, the Company’s exports have multiplied after its debut in the international market in 1990.

Rajoo Engineers Buyback History

  • N/A

Rajoo Engineers Buyback 2024 Dates

Buyback Meeting Date:November 29, 2023
Buyback Announcement Date:November 29, 2023
Buyback Record Date:January 30, 2024
Last Date to Buy Shares:January 29, 2024
Buyback Open Date:February 6, 2024
Buyback Close Date:February 12, 2024
Finalization of Buyback Acceptance:February 16, 2024

Rajoo Engineers Buyback 2024 Offer Details

Rajoo Engineers buyback of 9,42,300 equity shares at a price of ₹210 per equity share. The buyback offers not to exceed ₹19.78 crores of the total buyback offer size.

Offer Amount:₹19.78 Crores
Number of Shares:9,42,300 Equity Shares
Face Value:₹1 per equity share
Buyback Price:₹210 per equity share
Listing:BSE
Buyback Type:Tender Offer
Letter of Offer:Click Here

Rajoo Engineers Buyback 2024 Acceptance Ratio

The investor should buy around 952 shares at a current market price of ₹160.43 (as of date). The calculation will be ₹2,00,000 / ₹210 buyback price = 952 shares.

Acceptance RatioInvestmentShares BuybackProfit
33%₹158032314₹13816
50%₹158032476₹20944
75%₹158032714₹31416
100%₹158032952₹41888

Rajoo Engineers Financial Report

₹ in Crores
YearRevenueExpensePAT
2021₹152₹134₹10
2022₹172₹151₹15
2023₹160₹146₹10

How to Participate in Rajoo Engineers Buyback 2024

The investors are eligible for the buyback scheme who have Rajoo Engineers shares in their Demat Account as the Record Date. Eligible Share Holders can participate in the Rajoo Engineers Buyback 2024 scheme as per the opening form by selling their shares. The payment will be given as per the Rajoo Engineersepted shares by the company under the Rajoo Engineers buyback scheme.

Rajoo Engineers Buyback 2024 Registrar

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

Rajoo Engineers Buyback 2024 Lead Managers

  • GYR Capital Advisors Private Limited

Rajoo Engineers Company Address

Rajoo Engineers Limited
Rajoo Avenue Survey No. 210,
Plot No. 1, Industrial Area, Veraval (Shapar),
Dist-Rajkot – 360 024
Phone: +91 97129 62704
Email: [email protected]
Website: https://www.rajoo.com/index.html

How to Apply the Rajoo Engineers 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 “Rajoo Engineers”. Click on Place Order. Enter your Quantity and submit Rajoo Engineers Buyback Application Form.

How to Apply the Rajoo Engineers Buyback through Upstox?

Log in to Upstox Application with your credentials. Select the Rajoo Engineers. You will see the Company Name “Rajoo Engineers”. Click on Rajoo Engineers Stock for Buyback. Enter your Quantity and submit Rajoo Engineers Buyback Application Form.

How to Apply the Rajoo Engineers Buyback through Paytm Money?

Log in to Paytm Money Application with your credentials. Select the Rajoo Engineers. Enter your Quantity and submit Rajoo Engineers Buyback Application Form.

Rajoo Engineers Buyback 2024 FAQs


When is Rajoo Engineers Buyback 2024 Record Date?

Rajoo Engineers buyback 2024 record date is January 31, 2024.

When is Rajoo Engineers Buyback 2024 Open Date?

Rajoo Engineers buyback 2024 open date is February 6, 2024.

What is Rajoo Engineers Buyback 2024 Price?

The company has fixed the price at ₹210 per share.

How to apply for Rajoo Engineers Buyback 2024?

As per the record date you need to have Rajoo Engineers shares in your Demat Account. You can participate in buyback after having the stock in your Account.

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