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Feb 10, 2021 - Feb 24, 2021

Archidply Industries Limited Buyback (Archidply Industries Buyback) Detail

Incorporated in 1995, Archidply Industries Limited is one of the leading Plywood companies in India. Archidply Industries is the flagship company of the Archidply group that has been associated with plywood manufacturing for more than 40 years under the brand Archidply. The company is a state-of-the-art manufacturer of wood panel products, plywood, laminates, and decorative surfacing products. Archidply Industries is the first company to give India its first-ever toxin check technology plywood.

Archidply has manufacturing facilities in Rudrapur, Mysore, and Assam with Installed capacity to manufacture products worth 75 million USD. The company has 1500 Employees, 20 Sales Offices, 7 Warehouses & a 2000 Dealer network covering 27 states of India.

Archidply Industries caters to a wide range of customers based in India and overseas with its excellent product portfolio of Plywood sheets, Doors, and Densified Film faced plywood.

Archidply Industries Buyback Detail

Issue PeriodFeb 10, 2021 - Feb 24, 2021
Security NameArchidply Industries Limited
Issue TypeTender Offer
Issue Size (Shares)0.22 Crores
Issue Size (Amount)₹8.14 Crores
Buyback Price₹37 per share
Face Value₹10 per share
Listing AtBSE, NSE

Archidply Industries Buyback Issue Timetable

Offer Opens OnFeb 10, 2021
Offer Closes OnFeb 24, 2021
Record DateJan 19, 2021
Last Date for receipt of Tender FormsFeb 26, 2021
Finalisation of Buyback AcceptanceMar 4, 2021
Last Date for settlment of bidsMar 5, 2021
Last Date for Extinguishment of SharesMar 13, 2021

Buyback Ratio

Category Entitlement Ratio of Buyback
Reserved Category for Small Shareholders 31 Equity Shares out of every 311 Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders 30 Equity Shares out of every 301 Equity Shares held on the Record Date.

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 2,684.81 3,319.90 3,116.62
Profit After Tax 37.78 44.63 25.09
Net Worth 887.83 1,363.74 1,319.20

Stock price at BSE (in preceding 3 months)

Month High Price Low Price Average Price
Dec-2020 35.05 26.6 29.3
Nov-2020 29.5 24.5 24.64
Oct-2020 26.9 21 24.87

Stock price at NSE (in preceding 3 months)

Month High Price Low Price Average Price
Dec-2020 35.05 26.6 29.49
Nov-2020 29.5 25.05 26.86
Oct-2020 26.9 23.05 24.95

Necessity of the Issue

The Buyback is being undertaken by the Company to:
i) Return surplus funds to its equity shareholders.
ii) Achieve optimal capital structure, and
iii) To help improve financial ratios like earnings per share and return on equity.

Archidply Industries Buyback Documents

Archidply Industries Buyback Rating

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Company Contact Information

Archidply Industries Limited
Plot No. 7, Sector-9,
Integrated Industrial Estate, Sidcul, Pant Nagar,
Rudrapur, Udham Singh Nagar, Uttrakhand- 263153

Phone: 05944-250270, 250269
Email: cs@archidply.com
Website: https://www.archidply.com/

Archidply Industries Buyback Registrar

  1. Skyline Financial Services Private Ltd
       D-153A, 1st Floor,
       Okhla Industrial Area, Phase-I,
       New Delhi -110020

    Phone: 02228511022
    Email: compliances@skylinerta.com
    Website: https://www.skylinerta.com/

Archidply Industries Buyback Manager

Lead Manager(s)

  1. Fast Track Finsec Pvt Ltd

Registered Broker

  1. K K Securities Limited
    Email: kksl@kksecurities.com

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