IIFL Securities Limited Buyback (IIFL Securities Buyback) Detail

Dec 30, 2020 - Jun 29, 2021

Incorporated in 1996, IIFL Securities Limited is an independent full-service retail and institutional broking firm. IIFL Securities is a part of the IIFL Group, a leading financial service provider in India offering a wide range of services. 

IIFL Securities is a customer-centric company offering;online trading and research-based advisory services for an entire range of financial products like Stocks, Derivatives, Commodities, Insurance, FDs, Loans, Mutual Funds, IPO, and Bonds.

IIFL Securities is a SEBI registered broker, a member of NSE, BSE, MCX, and NCDEX, and has aDepository Participant membership with the NSDL & CDSL. The company is also registered as a Merchant Banker, Portfolio Manager, Investment Advisor, and Research Analyst with SEBI.

IIFL Securities serves over 10 lakh Retail, HNIs, and Institutional clients including FPIs, MFs, FIs, and banks, etc., operating through over 2500 locations (including branches and APs) spread across the country.

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IIFL Securities Buyback Detail

Issue PeriodDec 30, 2020 - Jun 29, 2021
Security NameIIFL Securities Limited
Issue TypeOpen Market Through Stock Exchange
Issue Size (Amount)₹90.00 Crores
Buyback Price₹54 per share
Face Value₹2 per share
Listing AtBSE, NSE

Company Financials

Summary of financial Information (Consolidated)
Particulars For the year/period ended (Rs. in Crores)
31-Mar-20 31-Mar-19 31-Mar-18
Total Revenue 789.94 875.57 947.19
Profit After Tax 233.94 171.43 180.57

Stock Market Data (for preceding 3 months)

BSE

Month High Price Low Price Average Price
Nov-2020 47 37 42
Oct-2020 44 36 39
Sep-2020 46 36 39

NSE

Month High Price Low Price Average Price
Month High Price Low Price Average Price
Nov-2020 47 39 42
Oct-2020 44 37 39
Sep-2020 46 36 39

Necessity of the Issue

The Buyback is undertaken by the Company:
i) To help effectively utilize its available surplus cash.
ii) To enhance overall long term shareholder's value.

IIFL Securities Buyback Documents

IIFL Securities Buyback Rating

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Company Contact Information

IIFL Securities Limited
IIFL House, Sun Infotech Park,
Road No. 16V, Plot No. B-23, MIDC,
Thane Industrial Area, Wagle Estate, Thane 400604

Phone: 91-22-6272-7000
Email: secretarial@iifl.com
Website: https://www.indiainfoline.com/

IIFL Securities 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
    Email: mt.helpdesk@linkintime.co.in
    Website: http://www.linkintime.co.in

IIFL Securities Buyback Manager

Lead Manager(s)

  1. Keynote Financial Services Ltd

Registered Broker

  1. Ventura Securities Limited
    Email: nilesh@ventura1.com

IIFL Securities Buyback FAQs

  1. When is IIFL Securities Buyback offer coming?

    The IIFL Securities Buyback opens on Dec 30, 2020, and closes on Jun 29, 2021.

  2. Which type of buyback is IIFL Securities Buyback offer?

    The IIFL Securities Buyback is a Open Market Through Stock Exchange.

  3. What is the schedule of activities for IIFL Securities Buyback?

    IIFL Securities Buyback Schedule

    Buyback Opening DateDec 30, 2020
    Buyback Closing DateJun 29, 2021
    Last date for acceptance of sharesUpon relevant pay-out by the Stock exchange
  4. What is the offer price for IIFL Securities Buyback offer?

    The IIFL Securities Buyback is being offered at Rs ₹54 per share per equity share.

  5. In what ratio is the IIFL Securities Buyback offered?

    There is no ratio applicable in case of open market offer through stock exchange mechanism.

  6. What is the record date for IIFL Securities Buyback offer?

    There is no concept of record date in case of open market through stock exchange mechanism.

  7. What is the issue size of IIFL Securities Buyback?

    The IIFL Securities Buyback has announced a buyback for an aggregate amount of not more than Rs. ₹90.00 Crores with pricing of Rs.₹54 per share.

  8. What is the necessity for IIFL Securities Buyback?

    The Buyback is undertaken by the Company:
    i) To help effectively utilize its available surplus cash.
    ii) To enhance overall long term shareholder's value.


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