The Anup Engineering Limited Buyback (Anup Engineering Buyback) Detail

Feb 24, 2021 - Aug 23, 2021

“The Anup Engineering Limited” (Erstwhile subsidiary company of Arvind Limited) was incorporated in 1962. In 2017, Arvind Limited decided to demerge its subsidiary “The Anup Engineering Limited” as a separate entity and amalgamate it into Anveshan Heavy Engineering Limited. Subsequently, its name changed to “The Anup Engineering Limited” in 2019.

The Company is engaged in the business of manufacturing and fabrication of process equipment required for Oil & Gas, Petrochemical, Chemicals, Pharmaceuticals, Fertilizers, Drugs, Power, Water, Aerospace and other allied industries.

Anup Engineering Buyback Detail

Issue Period	Feb 24, 2021 - Aug 23, 2021
Security Name	The Anup Engineering Limited
Issue Type	Open Market Through Stock Exchange
Issue Size (Amount)	₹25.00 Crores
Buyback Price	₹800 per share
Face Value	₹10 per share
Listing At	BSE, NSE

Company Financials

Summary of financial Information (standalone)
Particulars	For the year/period ended (Rs. in Millions)
	31-Mar-20	31-Mar-19	31-Mar-18
Total Income	2,495.28	2,475.73	0
Profit After Tax	429.68	419.85	(0.10)
Net Worth	3,229.14	2,816.52	0.39

Stock Market Data (for preceding 3 months)

BSE

Month	High Price	Low Price	Average Price
Jan-2021	800	689.65	726.67
Dec-2020	839	594.85	705.05
Nov-2020	625	536	585.18

NSE

Month	High Price	Low Price	Average Price
Month	High Price	Low Price	Average Price
Jan-2021	824	688.65	726.51
Dec-2020	839.2	596	704.37
Nov-2020	626.9	537	585.15

Necessity of the Issue

The Buy-back is being undertaken by the Company to:
i) Return surplus funds to the equity shareholders of the company;
ii) Improve return on equity through distribution of surplus fund; and
iii) Improve earnings per share by reduction in the equity base, thereby leading to long-term increase in shareholder’s value.

Anup Engineering Buyback Documents

Public Announcement

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Company Contact Information

The Anup Engineering Limited
The Anup Engineering Limited
Behind 66 Elec. Sub-Station,
Odhav Road, Ahmedabad - 382415

Phone: +91-79-22872823
Email: investorconnect@anupengg.com
Website: http://www.anupengg.com

Anup Engineering Buyback Registrar

Link Intime India Private Ltd
   Link Intime India Private Ltd
   C 101, 247 Park, L.B.S.Marg,
   Vikhroli (West), Mumbai - 400083

Phone: +91-22-4918 6270
Email: nilesh.dalwadi@linkintime.co.in
Website: http://www.linkintime.co.in

Anup Engineering Buyback Manager

Lead Manager(s)

Vivro Financial Services Private Limited

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Anup Engineering Buyback FAQs

When is Anup Engineering Buyback offer coming?

The Anup Engineering Buyback opens on Feb 24, 2021, and closes on Aug 23, 2021.
Which type of buyback is Anup Engineering Buyback offer?

The Anup Engineering Buyback is a Open Market Through Stock Exchange.
What is the schedule of activities for Anup Engineering Buyback?

Anup Engineering Buyback Schedule

Buyback Opening Date Feb 24, 2021

Buyback Closing Date Aug 23, 2021
Last date for acceptance of shares Upon relevant pay-out by the Stock exchange
What is the offer price for Anup Engineering Buyback offer?
The Anup Engineering Buyback is being offered at Rs ₹800 per share per equity share.
In what ratio is the Anup Engineering Buyback offered?
There is no ratio applicable in case of open market offer through stock exchange mechanism.
What is the record date for Anup Engineering Buyback offer?
There is no concept of record date in case of open market through stock exchange mechanism.
What is the issue size of Anup Engineering Buyback?
The Anup Engineering Buyback has announced a buyback for an aggregate amount of not more than Rs. ₹25.00 Crores with pricing of Rs.₹800 per share.
What is the necessity for Anup Engineering Buyback?
The Buy-back is being undertaken by the Company to:
i) Return surplus funds to the equity shareholders of the company;
ii) Improve return on equity through distribution of surplus fund; and
iii) Improve earnings per share by reduction in the equity base, thereby leading to long-term increase in shareholder’s value.

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Buyback Opening Date	Feb 24, 2021
Buyback Closing Date	Aug 23, 2021
Last date for acceptance of shares	Upon relevant pay-out by the Stock exchange