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incorporated in 1990, Indian Toners & Developers Limited manufactures and exports compatible toners for laser printers, copiers, and multifunction printers. The company operates on a business-to-business (B2B) model, supplying its products to original equipment manufacturers (OEMs), distributors, and large-scale enterprises worldwide.
ITDL manufactures toners for various printer types, including black-and-white and color toners. The company also creates custom toner formulas to meet specific client needs.
Indian Toners & Developers Ltd. operates two production units: Unit 1 in Rampur, U.P. and Unit 2 in Sitarganj, Uttarakhand.
Indian Toners & Developers Limited is certified as ISO 9001:2015 and ISO 14001:2015.
The company has a manufacturing capacity to produce 4800 metric tons of toners per year.
Indian Toners serves over 600 wholesalers, 1600 refillers, and 40000 jobbers across the country. The company is headquartered in New Delhi, and its sales team consists of approximately 60 individuals based in different parts of India to manage product sales.
The company has exported its products to more than 15 countries.
Issue Period | |
Security Name | Indian Toners & Developers Ltd. |
Issue Type | Tender Offer |
Issue Size (Shares) | 458,268 (4.22 % of Total number of equity Shares) |
Issue Size (Amount) | ₹20.62 Crores |
Buyback Price | ₹450 per share |
Face Value | ₹10 per share |
Listing At | BSE |
Last Date to buy shares | August 29, 2024 |
Record Date | August 30, 2024 |
Offer Opens On | |
Last Date for receipt of Tender Forms | |
Offer Closes On * | |
Finalisation of Buyback Acceptance | |
Last Date for settlment of bids | |
Last Date for Extinguishment of Shares |
Period Ended | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 | |||||||||||||||||||||||||||
Assets | 2,112.04 | 1,918.49 | 1,825.52 | |||||||||||||||||||||||||||
Revenue | 1,590.14 | 1,233.9 | 1,825.52 | |||||||||||||||||||||||||||
Profit After Tax | 263.14 | 189.43 | 135.5 | |||||||||||||||||||||||||||
Reserves and Surplus | 1,774.09 | 1,548.35 | 1,694.23 | |||||||||||||||||||||||||||
Amount in ₹ Crore |
The Buyback is being undertaken for the following reasons:
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Indian Toners & Developers Ltd.
D-11, Phase-II, Eldeco
Sidcul Industrial Park
Sitarganj
Phone: +919758345100
Email: investors@indiantoners.com
Website: https://indiantoners.com/
Alankit Assignments Ltd
Alankit House 2E/21,
Jhandewalan Extension,
New Delhi - 110055
Phone: (011) 4254 1234
Email: info@alankit.com
Website: http://ipo.alankit.com/
Lead Manager(s)
Registered Broker
The Indian Toners & Developers Buyback 2024 open and close dates are not available as of now.
Last date to be eligible to participate in buyback is August 29, 2024.
The Indian Toners & Developers Buyback 2024 is a Tender Offer.
Sorry the Indian Toners & Developers Buyback 2024 timelines are not available at this time.
The Indian Toners & Developers Buyback 2024 is being offered at Rs ₹450 per share per equity share.
The record date for the Indian Toners & Developers Buyback 2024 is August 30, 2024.
The issue size of Indian Toners & Developers Buyback 2024 is of 458,268 equity shares at ₹450 per share aggregating upto ₹20.62 Crores.
The Buyback is being undertaken for the following reasons:
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 Indian Toners & Developers Buyback 2024 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.
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