Indian Toners & Developers Limited Buyback
Indian Toners & Developers Buyback 2024
Tender Offer
₹450.00
Buyback price per shareAbout Indian Toners & Developers Limited Buyback
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.
Indian Toners & Developers Limited Buyback Details
Security Name
Indian Toners & Developers Ltd.Buyback Price
₹450.00Face Value
₹10.00Listing at Group
BSELead Manager
Corporate Professionals Capital Private LtdBuyback Docs
Letter Of OfferIssue Size
458,268 (4.22 % of Total number of equity Shares)Indian Toners & Developers Buyback 2024 Issue Timetable
| Last Date to buy shares | Record Date | Offer Opens On | Offer Closes On * |
| Aug 29, 2024 | Aug 30, 2024 | Sep 5, 2024 | Sep 11, 2024 |
| Last Date for receipt of Tender Forms | Finalisation of Buyback Acceptance | Last Date for settlement of bids | Last Date for Extinguishment of Shares |
| Sep 11, 2024 | Sep 18, 2024 | Sep 19, 2024 | Sep 30, 2024 |
Indian Toners & Developers Limited Buyback Ratio
| Category | Entitlement Ratio of Buyback | Shares Offered |
| Reserved Category for Small Shareholders | 34/805 | 81515 |
| General Category for all other Eligible Shareholders | 34/805 | 376753 |
Company Financials All values are in ₹ Cr.
| Period Ended | 31-Mar-23 | 31-Mar-22 | 31-Mar-21 |
|---|---|---|---|
| Total Revenue | 1,590.14 | 1,233.9 | 1,825.52 |
| Reserves And Surplus | 1,774.09 | 1,548.35 | 1,694.23 |
| Profit After Tax | 263.14 | 189.43 | 135.5 |
| Total Borrowing | -- | -- | -- |
| Net Worth | -- | -- | -- |
| Total Assets | 2,112.04 | 1,918.49 | 1,825.52 |
How to Participate in Indian Toners & Developers Limited Buyback?
1. Firstly, to be eligible for the buyback the investor should have shares of Indian Toners & Developers Limited Buyback in Demat or physical form as on the record date Aug 30, 2024.
2. Once you have shares in Demat, you can participate in the buyback process which is opening from Sep 5, 2024 by selling your shares through your broker on BSE.
3. Then on Sep 30, 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 Indian Toners & Developers Limited Buyback
Maximum market value of a share holder as on record date | ₹200,000.00 |
Buyback price per share | ₹450.00 |
Maximum share for small shareholders (200000/ 450) | 444.44 share |
Closing price of stock as of 2024-08-20 | ₹368.51 |
Maximum amount insted in buyback (₹368.51 x 444.44444444444446 shares) | ₹163,782.22 |
* No. of shares stands to change according to the closing price on the record date
* For simplicity, we have considered the price on date Aug 20, 2024
Expected Profit from the Indian Toners & Developers Limited Buyback on the bases of acceptance Ratio:
Acceptance Ratio | 33% | 50% | 75% | 100% |
Amount Invested in Buyback | ₹163,782.22 | ₹163,782.22 | ₹163,782.22 | ₹163,782.22 |
No. of Shares Buyback | 146 | 222 | 333 | 444 |
Buyback Profit | 11897 | 18090 | 27136 | 36181 |
Profit% | 7.26% | 11.05% | 16.57% | 22.09% |
Indian Toners & Developers Limited Buyback - Necessity of the Objective
The buyback will help the company return surplus cash to its shareholders holding equity shares broadly in proportion to their shareholding.
The buyback consists of up to 15% reservation for the small shareholder. The company believes that this reservation for small shareholders would benefit many public shareholders who would be classified as small shareholders.
The buyback may help in improving financial ratios like return on equity, by reduction in the equity base, thereby leading to a long-term increase in shareholders' value.
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 or they may choose not to participate and enjoy a resultant increase in their percentage shareholding, post the Buyback offer.
Indian Toners & Developers Limited Buyback
D-11, Phase-II, Eldeco, Sidcul Industrial Park, SitarganjEmail: investors@indiantoners.com
Phone: +919758345100
Website: https://indiantoners.com/
Alankit Assignments Ltd
Email: info@alankit.com
Phone: (011) 4254 1234
Website: http://ipo.alankit.com/
