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Technocraft Industries (India) Limited Buyback (Technocraft Industries Buyback 2022) Detail

Incorporated in 1972, Technocraft Industries India Limited, started with manufacturing of Drum Closures and became the second largest global manufacturer of Steel Drum closures including other products like seal plugs, gaskets, drum flanges etc.

The company also ventured into manufacturing of plastic closures for small metal and plastic containers and is a dominant player in the engineering sector, tube division and produces high precision scaffolding systems for building construction.

Technocraft Industries also diversified into manufacturing of Cotton Yarn and accorded a 100% EOU (Export Oriented Unit) status. 

Technocraft Industries Buyback 2022 Detail

Issue Period
Security NameTechnocraft Industries (India) Limited
Issue TypeTender Offer
Issue Size (Shares)1,500,000.00
Issue Size (Amount)₹150.00 Crores
Buyback Price₹1000 per share
Face Value₹10 per share
Listing AtBSE, NSE

Buyback Ratio

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Technocraft Industries Buyback 2022 Documents

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Company Contact Information

Technocraft Industries (India) Limited




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Technocraft Industries Buyback 2022 Manager

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Technocraft Industries Buyback 2022 FAQs

The Technocraft Industries Buyback 2022 open and close dates are not available as of now.

The Technocraft Industries Buyback 2022 last day to buy is not available as of now.

The Technocraft Industries Buyback 2022 is a Tender Offer.

Sorry the Technocraft Industries Buyback 2022 timelines are not available at this time.

The Technocraft Industries Buyback 2022 is being offered at Rs ₹1000 per share per equity share.

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The Technocraft Industries Buyback 2022 record date is not yet declared.

The issue size of Technocraft Industries Buyback 2022 is of 1,500,000.00 equity shares at ₹1000 per share aggregating upto ₹150.00 Crores.

The necessity for Technocraft Industries Buyback 2022 is not yet declared.

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.

The Technocraft Industries Buyback 2022 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.


1 Comments

1. KAMMA SIVA RAMA KRISHNA   I Like It. |Report Abuse|  Link|Nov 15, 2022 10:21:45 PMReply
Admn. Chittorgarh Team,

The amount of the buyback should be Rs.150 Crores, not Rs. 15 Crores. Please check up once again and do the needful.
1.1. Team Chittorgarh.com   I Like It. 1|Report Abuse|  Link|Nov 15, 2022 10:23:59 PM
Corrected. Thx
1.2. Kdb   I Like It. |Report Abuse|  Link|Nov 16, 2022 8:25:48 AM
@Team Chittorgarh.com
@KAMMA SIVA RAMA KRISHNA
Please UPDATE site
Eclerx service and Tips industries
Two big buyback was on from 2 or 3 days and still we have not listed here .
Or please tells if some other norms for listing a buyback here
I mean when you include buyback in your list