Vls Finance Ltd. Buyback
Vls Finance Buyback 2024
Tender Offer
₹380.00
Buyback price per shareAbout Vls Finance Ltd. Buyback
VLS Finance Ltd primarily offers financial services, such as Asset Management, Strategic Private Equity Investments, and Arbitrage.
The company's services can be categorized into the following
Stock Broking - Primarily catering to group companies and associates.
Proprietary investments & equity research.
Investment Banking - VLS Securities Ltd., a subsidiary of the company, is a SEBI-registered merchant banker.
Corporate consulting & advisory services.
VLS Finance Limited (VLS) is a major financial services company in India with a diverse portfolio of strategic proprietary investments across sectors such as media, IT & BPO, healthcare, transport/logistics, real estate, consumer goods (footwear), and FMCG.
Vls Finance Ltd. Buyback Details
Security Name
Vls Finance Ltd.Buyback Price
₹380.00Face Value
₹10.00Listing at Group
BSE, NSELead Manager
New Berry Capitals Private LimitedBuyback Docs
Letter Of OfferIssue Size
3,300,000 (9.48 % of Total number of equity Shares)Vls Finance Buyback 2024 Issue Timetable
| Last Date to buy shares | Record Date | Offer Opens On | Offer Closes On * |
| Aug 23, 2024 | Aug 26, 2024 | Aug 30, 2024 | Sep 5, 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 5, 2024 | Sep 12, 2024 | Sep 13, 2024 | Sep 23, 2024 |
Vls Finance Ltd. Buyback Ratio
| Category | Entitlement Ratio of Buyback | Shares Offered |
| Reserved Category for Small Shareholders | 71/368 | 565316 |
| General Category for all other Eligible Shareholders | 71/368 | 2734684 |
Company Financials All values are in ₹ Cr.
| Period Ended | 31-Mar-23 | 31-Mar-22 | 31-Mar-21 |
|---|---|---|---|
| Total Assets | 3,062.83 | 3,684.99 | 3,068.38 |
| Net Worth | -- | -- | -- |
| Total Revenue | 84.4 | 232.34 | 222.18 |
| Total Borrowing | -- | -- | -- |
| Profit After Tax | 55.97 | 210.22 | 221.36 |
| Reserves And Surplus | 1,457.98 | 1,670.98 | 1,313.56 |
How to Participate in Vls Finance Ltd. Buyback?
1. Firstly, to be eligible for the buyback the investor should have shares of Vls Finance Ltd. Buyback in Demat or physical form as on the record date Aug 26, 2024.
2. Once you have shares in Demat, you can participate in the buyback process which is opening from Aug 30, 2024 by selling your shares through your broker on BSE, NSE.
3. Then on Sep 23, 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 Vls Finance Ltd. Buyback
Maximum market value of a share holder as on record date | ₹200,000.00 |
Buyback price per share | ₹380.00 |
Maximum share for small shareholders (200000/ 380) | 526.32 share |
Closing price of stock as of 2024-08-09 | ₹347.45 |
Maximum amount insted in buyback (₹347.45 x 526.3157894736842 shares) | ₹182,868.42 |
* 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 9, 2024
Expected Profit from the Vls Finance Ltd. Buyback on the bases of acceptance Ratio:
Acceptance Ratio | 33% | 50% | 75% | 100% |
Amount Invested in Buyback | ₹182,868.42 | ₹182,868.42 | ₹182,868.42 | ₹182,868.42 |
No. of Shares Buyback | 173 | 263 | 394 | 526 |
Buyback Profit | 5631 | 8560 | 12824 | 17121 |
Profit% | 3.08% | 4.68% | 7.01% | 9.36% |
Vls Finance Ltd. Buyback - Necessity of the Objective
Having regards to the healthy cash flows that the Company has been able to consistently generate, the future projected cash flows of the Company and the anticipated funds required for capital expenditure and working capital to meet the expected future growth of the Company, the Buy-back is expected to achieve the following objectives:
optimize returns to shareholders;
enhance overall shareholders' value; and
optimize the capital structure
The Buy Back, which is being implemented through the Tender Offer as prescribed under the SEBI Buy Back Regulations, would involve allocation of 15% of number of Equity Shares that the Company proposes to Buy Back or several Equity Shares entitled as per the shareholding of Small Shareholders, whichever is higher, to Small Shareholders. The Company believes that this reservation of 15% for
The Buyback gives the shareholders holding Equity Shares of the Company the option to either (i) participate and receive cash instead of Equity Shares to be accepted under the Buyback Offer or (ii) choose not to participate and enjoy a resultant increase in their percentage shareholding post-buyback Offer without additional investment.
Vls Finance Ltd. Buyback
Ground Floor, 90, Okhla Industrial Estate, Phase I, New Delhi-110020Email: vls@vlsfinance.com
Phone: +91-11-46656666
Website: https://www.vlsfinance.com/
Rcmc Share Registry Private Limited
Email: investor.services@rcmcdelhi.com
Phone: (91) 120 4015880
Website: http://www.rcmcdelhi.com/
