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VRL Logistics Buyback 2023 Details 

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VRL Logistics Buyback 2023 Details 

VRL Logistics provides logistics services, focusing mostly on domestic freight transportation. Bus operations, air passenger transportation, the sale of power, and the sale of certified emission reduction units produced by the operation of windmills are some of its additional businesses. 

VRL has the largest fleet of privately owned cars in the nation, with 5,111 vehicles and infrastructural facilities for operational use dispersed throughout 956 locations. In FY 2022, the corporation opened 91 new branches and purchased 241 new vehicles, 19 of which were electric. 

The company’s business segments include: 

  • Goods Transport (89%) 
  • Bus Operations (9%) 
  • Sale of Power (1%) 
  • Air Charter (0.5%) 

VRL Logistics Share Buyback 2023 Details 

Buyback Dates Coming soon 
Buyback Price  INR 700 per share 
Market Price on Buyback Approval INR 520.45 per share 
Buyback Premium on Market Price 34.50% 
Buyback Offer Size (Shares) 8,75,000 shares 
Buyback Offer Size (Amount) INR 61.25 crore 
Offer Type Tender 
Promoter Participation Yes 
Face Value  INR 10 per share 
Listing At BSE, NSE 
eClerx Services Buyback 2023 Details

VRL Logistics Buyback Dates  

Board Meeting Intimation for Buyback Proposal 23 January 2023 
Buyback Approval Date 30 January 2023 
Public Announcement of Buyback 1 February 2023 
Buyback Record Date 10 February 2023 
Buyback Opening Date Coming soon 
Buyback Closing Date Coming soon 
Cut-off Date to receive completed tender forms by Registrar Coming soon 
Verification Date by the Registrar Coming soon 
Return of unaccepted shares by Registrar Coming soon 
Extinguishment of accepted shares Coming soon 

VRL Logistics Financial Performance 

 FY 2020 FY 2021 FY 2022 
Revenue 2,118.54 1,762.92 2,393.65 
Total Expenses 1,857.01 1,552.26 2,032.58 
Net income 90.12 45.07 160.11 

 
Objects of the Issue: 

The Buyback offers the following advantages: 

a) The Buyback will help the Company to return surplus cash to its shareholders holding Equity Shares broadly in proportion to their shareholding, thereby, enhancing the overall return to shareholders. 

b) The Buyback may help in improving its return on equity, by reduction in the equity base, thereby leading to long term increase in shareholders’ value. 

VRL Logistics Buyback 2023 Documents

Company Contact Information

VRL Logistics Limited
Giriraj Annexe,
Circuit House Road,
Hubballi – 580029

Phone: 08362237511
Email: headoffice@vrllogistics.com
Website: https://www.vrlgroup.in/

VRL Logistics Buyback 2023 Registrar

  1. KFin Technologies Limited
       KFintech, Tower-B, Plot No 31 & 32,
       Financial District, Nanakramguda, Gachibowli,
       Hyderabad, Telangana India – 500 032.

    Phone: 04067162222, 04079611000
    Email: vrl.buyback@kfintech.com
    Website: https://karisma.kfintech.com/

VRL Logistics Buyback 2023 Manager

Lead Manager(s)

  1. Motilal Oswal Investment Advisors Pvt Ltd

Sportking India Buyback 2023 Details

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<strong>Sportking India Buyback 2023 Details</strong>

Sportking India Ltd. was founded in 1989 and operates in the textile industry. As a vertically integrated textile conglomerate, the business operates. They have several years of industry experience and consistently push themselves to set new standards. Yarns, Fabrics, Garments, and Retails Business are among the segments in which Sportking India is mostly active. Leadership from individuals like Mr. Jagdish Chandar Avasthi, Mr. Raj Avasthi, and Mr. Munish Avasthi is used to guide and direct the organisation. 

The company’s manufacturing facilities are located in and around Punjab and Himachal Pradesh in India. The company manufactures its best-in-class items at these well-equipped facilities, which also make yarns and clothing for delivery to various locations. 

Sportking India Buyback 2023 Details 

Buyback Dates Coming soon 
Buyback Price  INR 950 per share 
Market Price on Buyback Approval INR 708.6 per share 
Buyback Premium on Market Price 34.06% 
Buyback Offer Size (Shares) 5,80,000 shares 
Buyback Offer Size (Amount) INR 55.10 crore 
Offer Type Tender 
Promoter Participation Yes 
Face Value  INR 10 per share 
Listing At BSE, NSE 
eClerx Services Buyback 2023 Details

Sportking India Buyback Dates

Board Meeting Intimation for Buyback Proposal 21 January 2023 
Buyback Approval Date 27 January 2023 
Public Announcement of Buyback 31 January 2023 
Sportking India Buyback Record Date 10 February 2023 
Buyback Opening Date Coming soon 
Buyback Closing Date Coming soon 
Cut-off Date to receive completed tender forms by Registrar Coming soon 
Verification Date by the Registrar Coming soon 
Return of unaccepted shares by Registrar Coming soon 
Extinguishment of accepted shares Coming soon 

Sportking India Financial Performance 

 FY 2020 FY 2021 FY 2022 
Revenue 1,355.05 1,306.24 2,154.01 
Total Expenses 1,276.42 1,155.12 1,586.90 
Net income 12.36 84.53 409.25 

 
Objects of the Issue: 

The Buyback offers the following advantages: 

a) The Buyback will help the Company to distribute surplus cash to its shareholders in proportion to their shareholding.  

b) The Buyback may help in improving financial ratios such as Earnings per share, Return on equity, by reducing the equity base of the Company. It will also lead to long term increase in shareholder’s value.

Sportking India Buyback 2023 Documents

Company Contact Information

Sportking India Ltd
Vill. Kanech, Near Sahnewal
G.T. Road,
Ludhiana-141120

Phone: +91-161-2845456
Email: sportking@sportking.co.in
Website: http://sportking.co.in/

Sportking India Buyback 2023 Registrar

  1. Beetal Financial & Computer Services (P) Limited
       Beetal House, 3rd Floor,
       99, Madangir, Behind Local Shopping Centre,
       New Delhi – 110062

    Phone: +91 11 29961281
    Email: beetalrta@gmail.com
    Website: http://www.beetalfinancial.com

Sportking India Buyback 2023 Manager

Lead Manager(s)

  1. Master Capital Services Limited

 

Hazoor Multi Projects Rights Issue 2023 Details

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Hazoor Multi Projects Rights Issue 2023 Details

Hazoor Multi Projects Limited, a 1992 incorporation, operates as an infrastructure and real estate firm. They work on building and developing infrastructure, such as building roads and highways. Engineering, procurement, and construction (“EPC”) work is performed under contract by the company. They primarily work in the domain of highways and roads. A “National Highway No. 548-A from Section Waken Pali to 2 lanes with paved shoulder” is also being built by the corporation right now. 

The corporation expands its scope of operations by engaging in the business of land development and the purchase of land and landed assets. They also actively participate in the development of single-story buildings, multi-story structures, townships, commercial complexes, and motorways. Hazoor Multi Projects Limited is capable of implementing contemporary construction approaches and infrastructure thanks to a productive combination of high-tech construction machinery and effective human resources. 

A few of the business’s current projects include: 

Wakan – Pali Highway (40Km Stretch in the State of Maharashtra) 

Nagpur-Mumbai Super Communication Expressway Limited 

Project – Arawali – Kante Section for the Ratanagiri City 

Hazoor Multi Projects Rights Issue 2023 Detail

Issue OpenFeb 3, 2023 – Feb 20, 2023
Security NameHazoor Multi Projects Limited
Issue Size (Shares)5,075,000
Issue Size (Amount)₹45.00 Crores
Issue Price₹88 per share
Face Value₹10 per share
Listing AtBSE
Terms of PaymentRs. 22 on the Application, and Rs. 66 in one or more calls as may be determined.
Entitlement1 EQUITY SHARE FOR EVERY 2 EQUITY SHARES Held ON THE RECORD DATE
Shukra Pharmaceuticals Rights Issue 2023 Detail

Hazoor Multi Projects Rights Issue 2023 Issue Timetable

Record DateJan 20, 2023
Credit of Rights EntitlementsJan 25, 2023
Bid/Offer Opens OnFeb 3, 2023
Renunciation of Rights EntitlementsFeb 15, 2023
Bid/Offer Closes OnFeb 20, 2023
Deemed Date of AllotmentFeb 28, 2023
Credit DateMar 3, 2023
Listing DateMar 8, 2023

Company Financials

Period EndedTotal AssetsTotal RevenueProfit After TaxNet Worth
31-Mar-2022.320.350.0522.16
31-Mar-2132.7324.30.4322.33
31-Mar-2272.84112.642.4824.81
Amount in ₹ Crore

Objects of the Issue:

The Company proposes to utilize the net proceeds from the Issue towards funding the following objects:

  1. To part finance Working Capital;
  2. To meet General corporate purposes;
  3. To meet the expenses of the Issue.

Hazoor Multi Projects Rights Issue 2023 Documents

Company Contact Information

Hazoor Multi Projects Limited
601-A, Ramji House Premises CSL.,
30, Jambulwadi, J.S.S. Road,
Mumbai – 400 002

Phone: +91-22-22000525
Email: hmpl.india@gmail.com
Website: https://www.hazoormultiproject.com/

Hazoor Multi Projects Rights Issue 2023 Registrar

  1. Link Intime India Private Ltd
    Phone: +91-22-4918 6270
    Email: hazoor.rights@linkintime.co.in
    Website: https://linkintime.co.in/

Hazoor Multi Projects Rights Issue 2023 Lead Manager(s)

Pacific Industries Rights Issue 2023 Detail

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<strong>Pacific Industries Rights Issue 2023 Detail</strong>

A 100% export-oriented business, Pacific Industries Limited was founded in 1989 by renowned industrialist Mr. J.P. Agrawal. They are well-known among the top quarry owners and stone processors. A description of the company attempts to provide a beautiful and long-lasting selection of stones around the world is given. 

By selling goods like slabs, tiles, cut-to-size, etc., the company has effectively grown its activities in over 40 countries. Through its two processing facilities, which are located in Bangalore and Udaipur, respectively, Pacific Industries conducts business. Pacific The company is reaching greater heights of success because to the appropriate blend of people working to deliver and maintain the highest quality and effective delivery. 

Pacific Industries Rights Issue 2023 Detail 

Issue Open Jan 19, 2023 – Feb 2, 2023 
Security Name Pacific Industries Limited 
Issue Size (Shares) 3,446,325 
Issue Size (Amount) ₹47.90 Crores 
Issue Price ₹139 per share 
Face Value ₹10 per share 
Listing At BSE 
Terms of Payment The full amount is payable on application. 
Entitlement 1 Rights Equity Share for every 1 fully paid-up Equity Share 
Shukra Pharmaceuticals Rights Issue 2023 Detail

Pacific Industries Rights Issue 2023 Dates 

Record Date Jan 11, 2023 
Credit of Rights Entitlements Jan 13, 2023 
Bid/Offer Opens On Jan 19, 2023 
Renunciation of Rights Entitlements Jan 30, 2023 
Bid/Offer Closes On Feb 2, 2023 
Deemed Date of Allotment Feb 10, 2023 
Credit Date Feb 13, 2023 
Listing Date Feb 15, 2023 

Company Financials 

Period Ended Total Assets Total Revenue Profit After Tax 
31-Mar-21 475.18 185.86 10.41 
31-Mar-22 510.58 293.42 15.92 
Amount in ₹ Crore 

Objects of the Issue: 

The Company intends to utilize the Net Proceeds from the Issue towards the following objects: 

  1. Repayment of Unsecured Loan availed from the related party; 
  1. Working Capital Requirements 
  1. General Corporate Purpose 

Pacific Industries Rights Issue 2023 Documents

Company Contact Information

Pacific Industries Limited
Survey No. 13, National Highway 48,
Kempalinganahalli Village, Nelamangala Taluk,
Bangalore – 562123

Phone: +91 80 7723004
Email: pilsouth@pacificgranites.com
Website: https://www.pacificindustriesltd.com/index.php

Pacific Industries Rights Issue 2023 Registrar

  1. Link Intime India Private Ltd
    Phone: +91-22-4918 6270
    Email: pacific.rights@linkintime.co.in
    Website: https://linkintime.co.in/

Pacific Industries Rights Issue 2023 Lead Manager(s)

  1. Srujan Alpha Capital Advisors LLP

Shree Ganesh Remedies Rights Issue 2023 Details

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Shree Ganesh Remedies Rights Issue 2023 Details

Shree Ganesh Remedies Limited, an Indian firm that was founded in 1995, manufactures pharmaceutical intermediates. The company is actively involved in the development of Basic and Advanced intermediates for the generic and regulated markets for APIs, or active pharmaceutical ingredients. The company has recently expanded its business by creating a new chemical entity (NCE), the synthesis of which is the first stage in the process of developing a medicine. 

A company with ISO 9001:2015, ISO 14001:2015 BS, and ISO 45001:2018 certifications, the company (SGRL) is actively involved in the production of pharmaceutical intermediates and fine chemicals. Products of the business include: 

Chloroalkyl amines Salts 

Friedel Craft’s derivatives 

Esters and Acid chlorides 

Anti-psychotic 

Anti-parasitic 

In addition to being exported to other nations, Shree Ganesh Remedies’ products are shipped throughout India. The business is being regularly scaled up to incredible heights by the company. 

Shree Ganesh Remedies Rights Issue 2023 Detail 

Issue Open Feb 13, 2023 – Feb 21, 2023 
Security Name Shree Ganesh Remedies Limited 
Issue Size (Shares) 840,471 
Issue Size (Amount) ₹18.91 Crores 
Issue Price ₹225 per share 
Face Value ₹10 per share 
Listing At BSE 
Terms of Payment Rs. 135 per share 60% on application and the remaining 40% on subsequent calls. 
Entitlement 7 Rights Equity Shares for Every 100 Equity Shares held as on the record date 
Shukra Pharmaceuticals Rights Issue 2023 Detail

Shree Ganesh Remedies Rights Issue 2023 Dates 

Record Date Feb 3, 2023 
Credit of Rights Entitlements  
Bid/Offer Opens On Feb 13, 2023 
Renunciation of Rights Entitlements Feb 15, 2023 
Bid/Offer Closes On Feb 21, 2023 
Deemed Date of Allotment  
Credit Date  
Listing Date  

Company Financials 

Period Ended Total Assets Total Revenue Profit After Tax Net Worth 
31-Mar-21 60.6 51.18 9.75 49.44 
31-Mar-22 77.02 74.86 13.4 55.79 
Amount in ₹ Crore 

Objects of the Issue: 

The Company intends to utilize the Net Proceeds from the Issue towards the funding of the following objects: 

  1. Part repayment or prepayment of unsecured loans availed from the Promoters and from the member of the Promoter Group 
  1. Meeting Working Capital Requirements; and 
  1. General corporate purposes. 

Shree Ganesh Remedies Rights Issue 2023 Documents

Company Contact Information

Shree Ganesh Remedies Limited
Plot no. 6011,
G.I.D.C,
Ankleshwar – 393002

Phone: +91 02646-227777
Email: investors@ganeshremedies.com
Website: http://www.ganeshremedies.com/

Shree Ganesh Remedies Rights Issue 2023 Registrar

  1. Bigshare Services Pvt Ltd
    Phone: +91-22-6263 8200
    Email: rightissue@bigshareonline.com
    Website: http://www.bigshareonline.com

Rights Issue 2023 Lead Manager(s)

  1. Fedex Securities Limited

Shera Energy IPO: GMP, Size, Issue Price & Dates

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Shera Energy IPO: GMP, Size, Issue Price & Dates

Shera Energy Limited, a 2009 corporation, operates in the manufacturing industry. The business produces non-ferrous metal winding wires and strips, primarily out of copper and aluminium. Additionally, they process items like copper and brass wire rods, wires, and tubes. They manufacture products based on consumer requests; therefore, they are tailored to the needs of their clients. In a nutshell, The company creates items like:  

  • Wires coated in paper 
  • Wires coated in fibre and enamel 
  • Square wires 
  • Circular wires 
  • Twisted wires 
  • Tubes 
  • Rods 
  • Strips 

Shera Energy Limited holds certifications for ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018. Power Grid Corporation of India has granted it vendor approval and validation for a number of its products. To guarantee the highest quality, the National Test House and the Electrical Research and Development Association test and certify each of the goods that the business designs and manufactures based on a variety of criteria. 

Shera Energy IPO Details 

IPO Dates 7 – 9 February 2023 
IPO Price INR 55 – 57 per share 
Fresh issue 10,48,000 shares (INR 5.76 – 5.97 crore) 
Offer For Sale 51,28,000 shares (INR 28.20 – 29.23 crore) 
Total IPO size 61,76,000 shares (INR 33.97 – 35.20 crore) 
Minimum bid (lot size) 2,000 shares (INR 114,000) 
Face Value  INR 10 per share 
Retail Allocation 50% 
Listing On 17 February 2023 
Earthstahl & Alloys IPO: GMP, Size, Issue Price

Shera Energy IPO Dates  

IPO Opening Date 7 February 2023 
IPO Closing Date 9 February 2023 
Finalisation of Basis of Allotment 14 February 2023 
Initiation of refunds 15 February 2023 
Transfer of shares to demat accounts 16 February 2023 
IPO Listing Date 17 February 2023 
Opening Price on NSE SME Coming soon 
Closing Price on NSE SME Coming soon 

Company Financial Performance 

  FY 2020 FY 2021 FY 2022 H1 FY 2023 
Revenue 425.33 421.97 523.82 338.72 
Expenses 420.75 415.62 514.92 333.75 
Net income 3.61 5.03 7.0 4.28 

Objects of the Issue 

TheCompany proposes to utilize the Net Proceeds of the Fresh Issue towards the funding of the following objects: 

  1. Funding the Working capital requirements of our Company; 
  1. General corporate purposes. 

Shera Energy IPO Prospectus

Company Contact Information

Shera Energy Limited
F-269-B, Road No. 13,
VKIA,
Jaipur – 302013
Phone: +91– 9314434130
Email: cs@sheraenergy.com
Website: http://www.sheraenergy.com/

Shera Energy IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com

Shera Energy IPO Lead Manager(s)

  1. Holani Consultants Private limited (Past IPO Performance)

eClerx Services Buyback 2023 Details

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eClerx Services Buyback 2023 Details

eClerx Services Limited was established in 2000 and works with other businesses to assist them increase their productivity, efficiency, and general business performance. The company’s services are divided into three categories: eClerx Customer Operations, eClerx Digital, and eClerx Markets. At its five production centres in Mumbai, Pune, Chandigarh, Verona, and Phuket, the company employs more than 3,000 full-time workers for digital delivery. 

To help many industries, including the financial sector, telecommunications, fashion, entertainment, travel, software, and high-tech, grow their enterprises, eClerx offers bespoke services. The business is present locally in Mumbai and internationally in Australia, Canada, Germany, India, Italy, the Netherlands, the Philippines, Singapore, Thailand, the United Kingdom, and the United States. 

eClerx Services Buyback 2023 Detail 

Issue Period Feb 3, 2023 – Feb 16, 2023 
Security Name eClerx Services Limited 
Issue Type Tender Offer 
Issue Size (Shares) 1,714,285.00 
Issue Size (Amount) ₹300.00 Crores 
Buyback Price ₹1750 per share 
Face Value ₹10 per share 
Listing At BSE, NSE 
Marksans Pharma Buyback Details 2023

eClerx Services Buyback 2022 Dates 

Last Date to buy shares Dec 23, 2022 
Record Date Dec 27, 2022 
Offer Opens On Feb 3, 2023 
Last Date for receipt of Tender Forms Feb 16, 2023 
Offer Closes On Feb 16, 2023 
Finalisation of Buyback Acceptance Feb 23, 2023 
Last Date for settlment of bids Feb 24, 2023 
Last Date for Extinguishment of Shares Mar 1, 2023 

Buyback Ratio 

Category Entitlement Ratio of Buyback Shares Offered 
Reserved Category for Small Shareholders 7 Equity Shares out of every 46 Fully paid-up Equity Shares held on the Record Date. 257,143.00 
General Category for all other Eligible Shareholders 6 Equity Shares out of every 202 Fully paid-up Equity Shares held on the Record Date. 1,457,142.00 

Company Financials 

Period Ended Total Revenue Profit After Tax Net Worth 
31-Mar-20 1174.17 123.57 1111.31 
31-Mar-21 1230.36 238.79 1182.62 
31-Mar-22 1571.86 354.9 1174.53 
Amount in ₹ Crore 

Objectives of the Issue 

The Buy Back is being proposed by the company for fulfilling the following objectives: 

  1. The Buy Back will help the Company to return surplus cash to its shareholders holding Equity Shares broadly in proportion to their shareholding, thereby, enhancing the overall return to the shareholders. 
  1. The Buy Back may help in improving return on equity due to reduction in the equity base, thereby leading to long term increase in shareholder value. 
  1. The Buy Back will help in achieving an optimal capital structure. 

eClerx Services Buyback Documents

Company Contact Information

eClerx Services Limited
4th Floor, Express Towers,
Nariman Point,
Mumbai – 400 021

Phone: +91 22 6614 8301
Email: investor@eclerx.com
Website: https://eclerx.com/

eClerx Services Buyback Registrar

  1. KFin Technologies Limited
       KFintech, Tower-B, Plot No 31 & 32,
       Financial District, Nanakramguda, Gachibowli,
       Hyderabad, Telangana India – 500 032.

    Phone: 04067162222, 04079611000
    Email: eclerx.buyback@kfintech.com
    Website: https://karisma.kfintech.com/

eClerx Services Buyback Manager

Lead Manager(s)

  1. Emkay Global Financial Services Ltd

Technocraft Industries Buyback 2023 Details

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Technocraft Industries Buyback 2023 Details

Technocraft Industries India Limited was founded in 1972 and initially focused on the production of steel drum closures before expanding to include additional goods such seal plugs, gaskets, drum flanges, and so forth. 

The business also expanded into producing plastic closures for small metal and plastic containers. It is also a leader in the engineering industry’s tube division and manufactures very accurate scaffolding systems for the erection of buildings. 

Technocraft Industries expanded its product line to include cotton yarn production and was given the status of 100% EOU (Export Oriented Unit). 

Technocraft Industries Buyback 2023 Detail 

Issue Period Feb 1, 2023 – Feb 14, 2023 
Security Name Technocraft Industries (India) Limited 
Issue Type Tender Offer 
Issue Size (Shares) 1,500,000.00 
Issue Size (Amount) ₹150.00 Crores 
Buyback Price ₹1000 per share 
Face Value ₹10 per share 
Listing At BSE, NSE 
Marksans Pharma Buyback Details 2023

Technocraft Industries Buyback Dates

Last Date to buy shares Dec 28, 2022 
Record Date Dec 30, 2022 
Offer Opens On Feb 1, 2023 
Last Date for receipt of Tender Forms Feb 16, 2023 
Offer Closes On Feb 14, 2023 
Finalisation of Buyback Acceptance Feb 21, 2023 
Last Date for settlment of bids Feb 22, 2023 
Last Date for Extinguishment of Shares Mar 1, 2023 

Buyback Ratio 

Category Entitlement Ratio of Buyback Shares Offered 
Reserved Category for Small Shareholders 33 Equity Shares out of every 83 Fully paid-up Equity Shares held on the Record Date. 225,000.00 
General Category for all other Eligible Shareholders 31 Equity Shares out of every 581 Fully paid-up Equity Shares held on the Record Date. 1,275,000.00 

Company Financials 

Period Ended Total Revenue Profit After Tax Net Worth Reserves and Surplus Total Borrowing 
31-Mar-20 1393.98 123.19 24.46 914.16 635.08 
31-Mar-21 1352.34 146.83 1069.37 1044.91 466.92 
31-Mar-22 1958.55 274.57 1332.03 1307.57 506.14 
Amount in ₹ Crore 

Objects of the Issue 

The Buyback is being undertaken, inter-alia, for the following reasons: 

  1. The Buyback will help the Company to return surplus cash to its shareholders; 
  1. The Buyback would involve allocation of number of Equity Shares reserved for the small shareholders; 
  1. The Buyback may help in improving return on equity leading to long term increase in shareholders’ value; 
  1. The Buyback gives an option to the shareholders holding Equity Shares of the Company, who can choose to participate and get cash in lieu of Equity Shares; and 
  1. The Buyback may lead to reduction in outstanding Equity Shares, improvement in earnings per Equity Share, and enhanced return on equity. 

Technocraft Industries Buyback 2022 Documents

Company Contact Information

Technocraft Industries (India) Limited
Plot No. 47, “Opus Centre”, Second Floor,
Central Road, Opposite Tunga Paradise Hotel, MIDC.
Andheri (East), Mumbai – 400 093

Phone: +91-22-4098 2222/234
Email: investor@technocraftgroup.com
Website: http://www.technocraftgroup.com/

Technocraft Industries Buyback 2022 Registrar

  1. 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: technocraft.buyback@linkintime.co.in
    Website: https://linkintime.co.in/

Technocraft Industries Buyback 2022 Manager

Lead Manager(s)

  1. Systematix Corporate Services Limited

Indiabulls Commercial Credit NCD 2023 Details

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Indiabulls Commercial Credit NCD 2023 Details

Indiabulls Commercial Credit Limited (ICCL), a non-deposit-taking NBFC with headquarters in Delhi, was established in 2006. It is a wholly owned subsidiary of Indiabulls Housing Finance Limited (IHFL), one of India’s top home loan providers. The business is a SARFAESI Act-notified financial institution. The company’s main area of expertise is long-term secured loans with mortgage guarantees. The company’s services fall under the following categories: 

1. Retail mortgage loans to sole proprietorships, small enterprises, and self-employed people. 

2. Corporate mortgage loans to residential project developers. 

Small and medium-sized businesses as well as salaried and self-employed people make up the company’s clientele. With offices in Tier I, Tier II, and Tier III cities, ICCL is present all throughout India. The company employs around 3,500 people in sales. The company is currently preparing to list its debt securities on the mainboard exchange and provide investors with an additional investment opportunity. 

Indiabulls Commercial Credit NCD January 2023 Detail 

Issue Open Jan 5, 2023 – Jan 27, 2023 
Security Name Indiabulls Commercial Credit Limited 
Security Type Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) 
Issue Size (Base) Rs 200.00 Crores 
Issue Size (Shelf) Rs 1,000.00 Crores 
Issue Price Rs 1000 per NCD 
Face Value Rs 1000 each NCD 
Minimum Lot size 10 NCD 
Market Lot 1 NCD 
Listing At BSE, NSE 
Credit Rating CRISIL AA/Stable by CRISIL Ratings Limited and ICRA AA/ Stable by ICRA Limited. 
Tenor 24, 36, and 60 Months 
Series Series I to VIII 
Payment Frequency Annual, Cumulative and Monthly 
Basis of Allotment First Come First Serve Basis 
Debenture Trusties BEACON TRUSTEESHIP LIMITED 
Marksans Pharma Buyback Details 2023

NCD Allocation Ratio 

Category NCD’s Allocated 
Institutional 30% 
Non-Institutional 10% 
HNI 30% 
Retail 30% 

NCD’s Offered by Category 

Category NCD’s Reserved 
Institutional 300,000 
Non-Institutional 100,000 
HNI 300,000 
Retail 300,000 
Total NCD’s 1,000,000 

Company Financials 

Period Ended Total Assets Total Revenue Profit After Tax Net Worth 
31-Mar-20 16387.3 2191.28 19.81 4406.95 
31-Mar-21 15873.26 1632.94 139.04 4553.2 
31-Mar-22 13143.65 1841.88 508.22 5064.84 
Amount in ₹ Crore 

Objects of the Issue: 

The Company proposes to utilize the funds to be raised through this Tranche I Issue towards funding the following objects: 

  1. For the purpose of onward lending, financing, and for repayment of interest and principal of existing borrowings of the Company; and 
  1. General corporate purposes. 

Indiabulls Commercial Credit NCD Prospectus

Company Contact Information

Indiabulls Commercial Credit Limited
5th Floor, Building No. 27,
KG Marg, Connaught Place,
New Delhi-110001

Phone: +91 11 4353 2950
Email: helpdesk@indiabulls.com
Website: http://www.indiabullscommercialcredit.com/

Indiabulls Commercial Credit NCD January 2023 Registrar

KFin Technologies Limited
   KFintech, Tower-B, Plot No 31 & 32,
   Financial District, Nanakramguda, Gachibowli,
   Hyderabad, Telangana India – 500 032.

Phone: 04067162222, 04079611000
Email: iccl.ncdipo@kfintech.com
Website: https://karisma.kfintech.com/

Indiabulls Commercial Credit NCD January 2023 Lead Manager(s)

  1. Edelweiss Financial Services Ltd
  2. Elara Capital (India) Private
  3. Trust Investment Advisors Private Limited

Earthstahl & Alloys IPO: GMP, Size, Issue Price

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Earthstahl & Alloys IPO: GMP, Size, Issue Price

Earthstahl & Alloys, a 2009 incorporation, is in the business of producing cast iron lumps and ductile iron pipe fittings. The cast iron lumps are used in steel foundries as a raw material to create items like cast iron pipe fittings, machine parts including latch machines, fan components, manhole covers, decorative cast iron pieces, cast iron pipe fitting, and other units involved in producing steel or cast iron goods. 

Earthstahl & Alloys IPO Details 

IPO Dates 27 – 31 January 2023 
IPO Price INR 38 – 40 per share 
Fresh issue 32,40,000 shares (INR 12.96 crore) 
Offer For Sale Nil 
Total IPO size 32,40,000 shares (INR 12.96 crore) 
Minimum bid (lot size) 3,000 shares (INR 1,20,000) 
Face Value  INR 10 per share 
Retail Allocation 35% 
Listing On BSE,SME 
Aristo Bio-Tech IPO: GMP, Price, Dates, Issue Size

Earthstahl & Alloys IPO Dates 

IPO Opening Date 27 January 2023 
IPO Closing Date 31 January 2023 
Finalisation of Basis of Allotment 3 February 2023 
Initiation of refunds 6 February 2023 
Transfer of shares to demat accounts 7 February 2023 
IPO Listing Date 8 February 2023 
Opening Price on BSE SME Coming soon 
Closing Price on BSE SME Coming soon 

Company Overview 

Earthstahl & Alloys Limited, a 2009 incorporation, manufactures cast iron granules and ductile iron pipe fittings. The company’s cast iron lumps are then utilised as a raw material to create cast iron pipe fittings, machine parts such latch machines, fan components, manhole covers, ornamental cast iron pieces, decorative cast iron pipe fitting, and other units that produce steel or cast iron goods. Ductile Iron Pipe Fittings, the company’s other main product, are used to join pipes in public water delivery systems. 

In the Chhattisgarh village of Duldula, close to Raipur, Earthstahl & Alloys Limited’s manufacturing facility is situated. It occupies a plot of ground measuring roughly 4.73 hectares. Along with efficiently creating and delivering cast iron lumps and ductile iron pipe fittings, the business is also broadening its scope by using foam moulds to create parts or pieces of machinery and plant. Among these goods are factories producing pellets, cement, sponge iron, power plants, automobiles, and railway & ductile iron pipe fittings. 

Company Financial Performance 

  FY 2020 FY 2021 FY 2022 H1 FY 2023 
Revenue 31.65 24.12 48.88 48.16 
Expenses 32.18 21.15 38.18 40.42 
Net income (0.33) 2.67 7.45 5.80 


Objects of the Issue 

The company intends to utilize the proceeds of the Issue to meet the following objectives: 

  1. Funding capital expenditure towards change in electricity supply voltage from 33 KV to 132 KV at our manufacturing facility at Village Duldula, Baloda Bazar (C.G.) 
  1. To meet Working Capital requirements 
  1. General Corporate Purpose 
  1. To meet issue expenses 

Earthstahl & Alloys IPO Prospectus

Company Contact Information

Earthstahl & Alloys Limited
Merlin Jayshree Vihar, Mohani 5 B,
Pandri Tarai, Mandi Gate,
Raipur- 492001
Phone: +91-8120009626
Email: secretarial@earthstahl.com
Website: http://www.earthstahl.com/

Earthstahl & Alloys IPO Registrar

Bigshare Services Pvt Ltd

Phone: +91-22-6263 8200
Email: ipo@bigshareonline.com
Website: http://www.bigshareonline.com

Earthstahl & Alloys IPO Lead Manager(s)

  1. Hem Securities Limited (Past IPO Performance)
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