Free Account Opening + AMC Free Demat
Loading...
February 10, 2021 - February 24, 2021

Archidply Industries Limited Buyback (Archidply Industries Buyback) Detail

Incorporated in 1995, Archidply Industries Limited is one of the leading Plywood companies in India. Archidply Industries is the flagship company of the Archidply group that has been associated with plywood manufacturing for more than 40 years under the brand Archidply. The company is a state-of-the-art manufacturer of wood panel products, plywood, laminates, and decorative surfacing products. Archidply Industries is the first company to give India its first-ever toxin check technology plywood.

Archidply has manufacturing facilities in Rudrapur, Mysore, and Assam with Installed capacity to manufacture products worth 75 million USD. The company has 1500 Employees, 20 Sales Offices, 7 Warehouses & a 2000 Dealer network covering 27 states of India.

Archidply Industries caters to a wide range of customers based in India and overseas with its excellent product portfolio of Plywood sheets, Doors, and Densified Film faced plywood.

Archidply Industries Buyback Detail

Issue PeriodFebruary 10, 2021 - February 24, 2021
Security NameArchidply Industries Limited
Issue TypeTender Offer
Issue Size (Shares)2,200,000
Issue Size (Amount)₹8.14 Crores
Buyback Price₹37 per share
Face Value₹10 per share
Listing AtBSE, NSE

Archidply Industries Buyback Issue Timetable

Record DateJanuary 19, 2021
Offer Opens OnFebruary 10, 2021
Last Date for receipt of Tender FormsFebruary 26, 2021
Offer Closes On *February 24, 2021
Finalisation of Buyback AcceptanceMarch 4, 2021
Last Date for settlment of bidsMarch 5, 2021
Last Date for Extinguishment of SharesMarch 13, 2021

Buyback Ratio

Category Entitlement Ratio of Buyback
Reserved Category for Small Shareholders 31 Equity Shares out of every 311 Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders 30 Equity Shares out of every 301 Equity Shares held on the Record Date.

Company Financials

Summary of financial Information (standalone)
Particulars For the year/period ended (Rs. in Millions)
31-Mar-20 31-Mar-19 31-Mar-18
Total Income 2,684.81 3,319.90 3,116.62
Profit After Tax 37.78 44.63 25.09
Net Worth 887.83 1,363.74 1,319.20

Stock price at BSE (in preceding 3 months)

Month High Price Low Price Average Price
Dec-2020 35.05 26.60 29.30
Nov-2020 29.50 24.50 24.64
Oct-2020 26.90 21.00 24.87

Stock price at NSE (in preceding 3 months)

Month High Price Low Price Average Price
Dec-2020 35.05 26.60 29.49
Nov-2020 29.50 25.05 26.86
Oct-2020 26.90 23.05 24.95

Necessity of the Issue

The Buyback is being undertaken by the Company to:
i) Return surplus funds to its equity shareholders.
ii) Achieve optimal capital structure, and
iii) To help improve financial ratios like earnings per share and return on equity.

Archidply Industries Buyback Documents

Archidply Industries Buyback Rating

3
1.3
Rating:Rated 1.3 stars
Vote Here ...

Archidply Industries Buyback Reviews

Sorry, we couldn't find any reviews, please check back later.

Company Contact Information

Archidply Industries Limited
Plot No. 7, Sector-9,
Integrated Industrial Estate, Sidcul, Pant Nagar,
Rudrapur, Udham Singh Nagar, Uttrakhand- 263153

Phone: 05944-250270, 250269
Email: cs@archidply.com
Website: https://www.archidply.com/

Archidply Industries Buyback Registrar

  1. Skyline Financial Services Private Ltd
       D-153A, 1st Floor,
       Okhla Industrial Area, Phase-I,
       New Delhi -110020

    Phone: 02228511022
    Email: compliances@skylinerta.com
    Website: https://www.skylinerta.com/ipo.php

Archidply Industries Buyback Manager

Lead Manager(s)

  1. Fast Track Finsec Pvt Ltd

Registered Broker

  1. K K Securities Limited
    Email: kksl@kksecurities.com

Find Archidply Industries Buyback Latest Update

Archidply Industries Buyback FAQs

The Archidply Industries Buyback opens on February 10, 2021, and closes on February 24, 2021.

The Archidply Industries Buyback last day to buy is not available as of now.

The Archidply Industries Buyback is a Tender Offer.

Archidply Industries Buyback Schedule

Buyback Opening DateFebruary 10, 2021
Buyback Closing DateFebruary 24, 2021
Last Date for receipt of Tender FormsFebruary 26, 2021
Finalisation of Buyback AcceptanceMarch 4, 2021
Last Date for settlment of bidsMarch 5, 2021
Last Date for Extinguishment of SharesMarch 13, 2021

The Archidply Industries Buyback is being offered at Rs ₹37 per share per equity share.

Category Entitlement Ratio of Buyback
Reserved Category for Small Shareholders 31 Equity Shares out of every 311 Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders 30 Equity Shares out of every 301 Equity Shares held on the Record Date.

The record date for the Archidply Industries Buyback is January 19, 2021.

The issue size of Archidply Industries Buyback is of 2,200,000 equity shares at ₹37 per share aggregating upto ₹8.14 Crores.

The Buyback is being undertaken by the Company to:
i) Return surplus funds to its equity shareholders.
ii) Achieve optimal capital structure, and
iii) To help improve financial ratios like earnings per share and return on equity.

All the eligible Shareholders of the Company holding either Physical Shares or Demat Shares as on the Record Date can participate in the buyback offer through their Stock Broker.

The eligible shareholder holding the shares in Demat form needs to inform their broker the details of the Equity shares they wish to tender in the Buyback Offer. The shareholder needs to transfer the tendered shares to a Special account of the clearing corporation. The broker, in turn, would place an order on the stock exchange for the buyback.

The eligible shareholder holding the shares in physical form needs to approach their broker with original share certificates and supporting documents. Upon completion of document verification, the broker places an order on the stock exchange and submits the original share certificate and TRS to the registrar.

The tender form and TRS are optional in the case of Demat shares but mandatory in the case of physical shares.

The Archidply Industries Buyback offers an opportunity for the shareholders to exit their positions at a premium price. In case you stay invested you would have an increased percentage of shareholding in the company and improved earnings per share. Thus, one should understand the company fundamentals along with one's need, goals, and risk appetite to decide if one wants to stay invested or participate in the buyback offer.


Compare Buybacks with Archidply Industries Buyback