Feb 24, 2021 - Aug 23, 2021

The Anup Engineering Limited Buyback (Anup Engineering Buyback) Detail

“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 PeriodFeb 24, 2021 - Aug 23, 2021
Security NameThe Anup Engineering Limited
Issue TypeOpen Market Through Stock Exchange
Issue Size (Amount)₹25.00 Crores
Buyback Price₹800 per share
Face Value₹10 per share
Listing AtBSE, 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 price at BSE (in preceding 3 months)

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

Stock price at NSE (in preceding 3 months)

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.

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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

Anup Engineering Buyback Registrar

  1. 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

Anup Engineering Buyback Manager

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