Arnold Holdings Limited Buyback
Arnold Holdings Buyback 2024
Tender Offer
₹21.00
Buyback price per shareAbout Arnold Holdings Limited Buyback
Arnold Holdings Limited was established in 1981 and provides portfolio advisory services and investments in equities and operates as a non-banking financial company.
The company operates in the following areas:
Corporate Finance
Infrastructure financing
Mortgages and loans
Capital market
The company provides private equity financing to companies in various sectors, including pharmaceutical research, high-end telecommunications technology product development, media production services, technology-enabled CRM, and messaging services to traditional sectors such as textiles, pharmaceuticals, manufacturing, construction, processed foods, component and tooling manufacturing and hotels.
Arnold Holdings Limited Buyback Details
Security Name
Arnold Holdings LimitedBuyback Price
₹21.00Face Value
₹10.00Listing at Group
BSELead Manager
Interactive Financial Services LtdBuyback Docs
Letter Of OfferIssue Size
6,300,000 (20.95 % of Total number of equity Shares)Arnold Holdings Buyback 2024 Issue Timetable
| Last Date to buy shares | Record Date | Offer Opens On | Offer Closes On * |
| Jan 24, 2024 | Jan 25, 2024 | Feb 1, 2024 | Feb 7, 2024 |
| Last Date for receipt of Tender Forms | Finalisation of Buyback Acceptance | Last Date for settlement of bids | Last Date for Extinguishment of Shares |
| Feb 7, 2024 | Feb 14, 2024 | Feb 14, 2024 | Feb 16, 2024 |
Arnold Holdings Limited Buyback Ratio
| Category | Entitlement Ratio of Buyback | Shares Offered |
| Reserved Category for Small Shareholders | 1/2 | 945000 |
| General Category for all other Eligible Shareholders | 1/5 | 5355000 |
Company Financials All values are in ₹ Cr.
| Period Ended | 31-Mar-23 | 31-Mar-22 | 31-Mar-21 |
|---|---|---|---|
| Total Assets | 137.93 | 107.00 | 58.23 |
| Profit After Tax | 3.81 | 1.51 | 0.69 |
| Reserves And Surplus | -- | -- | -- |
| Total Borrowing | -- | -- | -- |
| Total Revenue | 164.61 | 118.90 | 37.48 |
| Net Worth | 57.70 | 54.23 | 53.05 |
How to Participate in Arnold Holdings Limited Buyback?
1. Firstly, to be eligible for the buyback the investor should have shares of Arnold Holdings Limited Buyback in Demat or physical form as on the record date Jan 25, 2024.
2. Once you have shares in Demat, you can participate in the buyback process which is opening from Feb 1, 2024 by selling your shares through your broker on BSE.
3. Then on Feb 16, 2024, the payment will be given to you for accepted shares and unaccepted shares will be returned to your Demat account.
Calculation of Investment in Arnold Holdings Limited Buyback
Maximum market value of a share holder as on record date | ₹200,000.00 |
Buyback price per share | ₹21.00 |
Maximum share for small shareholders (200000/ 21) | 9523.81 share |
Closing price of stock as of 2023-12-21 | ₹20.42 |
Maximum amount insted in buyback (₹20.42 x 9523.809523809523 shares) | ₹194,476.19 |
* No. of shares stands to change according to the closing price on the record date
* For simplicity, we have considered the price on date Dec 21, 2023
Expected Profit from the Arnold Holdings Limited Buyback on the bases of acceptance Ratio:
Acceptance Ratio | 33% | 50% | 75% | 100% |
Amount Invested in Buyback | ₹194,476.19 | ₹194,476.19 | ₹194,476.19 | ₹194,476.19 |
No. of Shares Buyback | 3142 | 4761 | 7142 | 9523 |
Buyback Profit | 1822 | 2761 | 4142 | 5523 |
Profit% | 0.94% | 1.42% | 2.13% | 2.84% |
Arnold Holdings Limited Buyback - Necessity of the Objective
The Buyback is being undertaken for the following reasons:
The Buyback will help the Company to return surplus cash to its shareholders holding Equity Shares thereby, enhancing the overall return to shareholders;
The buyback will help the company to improve its capital structure by optimizing debt to equity ratio. It would also help improve financial ratios such as earnings per share and return on equity.
The buyback will give an option to the members holding equity shares of the company, who can choose to participate and get cash in lieu of equity shares to be accepted under the buyback offer or they may choose not to participate and enjoy a resultant increase in their percentage shareholding, post the buyback, without any additional investment.
Arnold Holdings Limited Buyback
B 208, Ramji House,30 Jambulwadi, JSS Road, Mumbai-400002.Email: arnoldholding9@gmail.com
Phone: +91-22-22016640
Website: https://www.arnoldholdings.in/
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Email: nichetechpl@nichetechpl.com
Phone: 2235-7270/ 7271
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