Archidply Industries Limited Buyback (Archidply Industries Buyback) Detail

Feb 10, 2021 - Feb 24, 2021

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 Market Data (for preceding 3 months)

BSE

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

NSE

Month High Price Low Price Average Price
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

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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: +91 - 11 - 2681
    Email: compliances@skylinerta.com
    Website: http://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

Archidply Industries Buyback FAQs

  1. When is Archidply Industries Buyback offer coming?

    The Archidply Industries Buyback opens on Feb 10, 2021, and closes on Feb 24, 2021.

  2. Which type of buyback is Archidply Industries Buyback offer?

    The Archidply Industries Buyback is a Tender Offer.

  3. What is the schedule of activities for Archidply Industries Buyback?

    Archidply Industries Buyback Schedule

    Buyback Opening DateFeb 10, 2021
    Buyback Closing DateFeb 24, 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
  4. What is the offer price for Archidply Industries Buyback offer?

    The Archidply Industries Buyback is being offered at Rs ₹37 per share per equity share.

  5. In what ratio is the Archidply Industries Buyback offered?

    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.
  6. What is the record date for Archidply Industries Buyback offer?

    The record date for the Archidply Industries Buyback is Jan 19, 2021.

  7. What is the issue size of Archidply Industries Buyback?

    The issue size of Archidply Industries Buyback is of 0.22 Crores equity shares at ₹37 per share aggregating upto ₹8.14 Crores.

  8. What is the necessity for Archidply Industries Buyback?

    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.

  9. Where can I get the Letter of Offer for Archidply Industries Buyback?

  10. How to participate in Archidply Industries Buyback?

    All the eligible Shareholders of the Company holding either Physical Shares or Demat Shares as on the Record Date can participate in the buyback offer through their Stock Broker.

    The eligible shareholder holding the shares in Demat form needs to inform their broker the details of the Equity shares they wish to tender in the Buyback Offer. The shareholder needs to transfer the tendered shares to a Special account of the clearing corporation. The broker, in turn, would place an order on the stock exchange for the buyback.

    The eligible shareholder holding the shares in physical form needs to approach their broker with original share certificates and supporting documents. Upon completion of document verification, the broker places an order on the stock exchange and submits the original share certificate and TRS to the registrar.

    The tender form and TRS are optional in the case of Demat shares but mandatory in the case of physical shares.

  11. Is Archidply Industries Buyback good or bad?

    The Archidply Industries Buyback offers an opportunity for the shareholders to exit their positions at a premium price. In case you stay invested you would have an increased percentage of shareholding in the company and improved earnings per share. Thus, one should understand the company fundamentals along with one's need, goals, and risk appetite to decide if one wants to stay invested or participate in the buyback offer.


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