Vls Finance Ltd. Buyback
Vls Finance Buyback 2024
Tender Offer
₹380.00
Buyback price per share23 Aug, 2024
Last Date to buy shares26 Aug, 2024
Record Date30 Aug, 2024
Offer Opens05 Sep, 2024
Offer Closes05 Sep, 2024
Last Date for Tender Forms12 Sep, 2024
Finalisation of Buyback Acceptance13 Sep, 2024
Last Date for settlement of bids23 Sep, 2024
Last Date for Extinguishment of SharesAbout Vls Finance Ltd. Buyback Company
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 ₹380.00
- Face Valuet ₹10.00
- Listing at Group BSE, NSE
- Lead Manager New Berry Capitals Private Limited
- Issue Size 3,300,000 (9.48 % of Total number of equity Shares)
- Buyback Docs Letter Of Offer
Vls Finance Ltd. Buyback Ratio
| Categoryy | Entitlement Ratio of Buyback | Shares Offered |
|---|---|---|
| Reserved Category for Small Shareholders | 71/368 | 565316 |
| General Category for all other Eligible Shareholders | 71/368 | 2734684 |
Vls Finance Ltd. Buyback Company Financials
| 31-Mar-23 | 31-Mar-22 | 31-Mar-21 | |
|---|---|---|---|
| Total Revenue | 84.4 | 232.34 | 222.18 |
| Net Worth | -- | -- | -- |
| Reserves And Surplus | 1,457.98 | 1,670.98 | 1,313.56 |
| Total Assets | 3,062.83 | 3,684.99 | 3,068.38 |
| Profit After Tax | 55.97 | 210.22 | 221.36 |
| Total Borrowing | -- | -- | -- |
How to Participate in Vls Finance Ltd. Buyback?
Calculation of Investment in Vls Finance Ltd. Buyback Buyback 2026
* 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 | Amount Invested in Buyback | No. of Shares Buyback | Buyback Profit | Profit% |
|---|---|---|---|---|
| 33% | ₹182,868.42 | 173 | 5631 | 3.08% |
| 50% | ₹182,868.42 | 263 | 8560 | 4.68% |
| 75% | ₹182,868.42 | 394 | 12824 | 7.01% |
| 100% | ₹182,868.42 | 526 | 17121 | 9.36% |
Amount Invested in Buyback: ₹182,868.42
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.
Contact Details
Vls Finance Ltd. Buyback
Ground Floor, 90, Okhla Industrial Estate, Phase I, New Delhi-110020
+91-11-46656666
vls@vlsfinance.com
Registrar Contact Details
Rcmc Share Registry Private Limited
investor.services@rcmcdelhi.com
(91) 120 4015880