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Jul 4, 2022 - Jul 15, 2022

Avonmore Capital & Management Services Limited Buyback (Avonmore Capital Buyback) Detail

Avonmore Capital & Management Services Limited is Non-Banking Financial Institution and Sub-Broker Advisory Firm. Avonmore Capital engages in NBFC activities and offers broker advisory services. Avonmore Capital & Management Services Limited was formerly known as Almondz Global Securities Limited.

Avonmore Capital Buyback Detail

Issue PeriodJul 4, 2022 - Jul 15, 2022
Security NameAvonmore Capital & Management Services Limited
Issue TypeTender Offer
Issue Size (Shares)0.09 Crores
Issue Size (Amount)₹8.72 Crores
Buyback Price₹95 per share
Face Value₹10 per share
Listing AtBSE, NSE

Avonmore Capital Buyback Issue Timetable

Offer Opens OnJul 4, 2022
Offer Closes OnJul 15, 2022
Record DateJun 15, 2022
Last Date for receipt of Tender FormsJul 18, 2022
Finalisation of Buyback AcceptanceJul 22, 2022
Last Date for settlment of bidsJul 25, 2022
Last Date for Extinguishment of SharesAug 1, 2022

Buyback Ratio

Category Entitlement Ratio of Buyback
Reserved Category for Small Shareholders 36 Equity Share out of every 361 Fully paid-up Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders 5 Equity Shares out of every 147 Fully paid-up Equity Shares held on the Record Date.

Company Financials

Summary of financial Information (Consolidated)
Particulars For the year/period ended (Rs. in Lakh)
  31-Mar-22 31-Mar-21 31-Mar-20
Total Income 8,719.44 7,201.70 7,218.71
Profit After Tax 4,045.02 2,977.74 1,805.27
Net Worth 28,425.92 24,346.62 21,264.59
Reserve and Surplus 18,133.11 14,866.17 12,604.68

Stock price at BSE (in preceding 3 months)

Month High Price Low Price Average Price
Nov-2021 52.85 40.2 46.82
Dec-2021 77.8 48 67.54
Jan-2022 84.9 62 68.97

Necessity of the Issue

The buyback is being undertaken for the following reasons:

1. The Buyback will help the company to distribute surplus cash to its shareholders holding Equity shares broadly to the proportion of their shareholding, thereby, enhancing the overall return to shareholders.

2. The Buyback would help in improving its return on equity, by reducing the equity base, thereby leading to a long term increase in shareholders' value.

Avonmore Capital Buyback Documents

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Company Contact Information

Avonmore Capital & Management Services Limited
F-33/3,
Okhla Industrial Area,
Phase II, New Delhi 110020

Phone: 011-26385056
Email: info@avonmorecapital.com
Website: http://www.avonmorecapital.in/index.html

Avonmore Capital Buyback Registrar

  1. Beetal Financial & Computer Services (P) Limited
       Beetal House, 3rd Floor,
       99, Madangir, Behind Local Shopping Centre,
       New Delhi - 110062

    Phone: +91 11 29961281
    Email: beetal@beetalfinancial.com
    Website: http://www.beetalfinancial.com

Avonmore Capital Buyback Manager

Lead Manager(s)

  1. Corporate CapitalVentures Pvt Ltd

Registered Broker

  1. DB (International) Stock Brokers Limited
    Email: accounts@dbonline.in

Find Avonmore Capital Buyback Latest Update


2 Comments

2. Girish Tiwari   I Like It. | Report Abuse |   Link | Jun 30, 2022 6:41:30 PM Reply
14 out of 150 shares are entitled for buyback and opening on 4th july 2022
1. KAMMA SIVA RAMA KRISHNA   I Like It. | Report Abuse |   Link | Jun 23, 2022 9:50:07 AM Reply
Board meeting of Bajaj Auto, to consider the proposal for the buyback of the shares, is scheduled on 27/6/2022.
1.5. amit K singh   I Like It. | Report Abuse |   Link | Jun 29, 2022 12:12:02 PM
SIS via tender route, at rs550 and size 80 crore..
1.6. KAMMA SIVA RAMA KRISHNA   I Like It. | Report Abuse |   Link | Jun 29, 2022 7:31:35 PM
Amit ji,
Thank you very much for your kind information.