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Tips Industries Limited Buyback (Tips Industries Buyback 2022) Detail

Founded in 1975, Tips Industries Limited is one of India's largest entertainment company engaged in music recording film production, film promotion, and film distribution company.

The company started with dealing into gramophone records, pre-recorded audio cassettes, blank audio cassettes, and replicated CDs. The company owns over 3500+ titles, copy rights of many Hindi movies.

Tips industries has its own manufacturing plant and distribution system. The company also has its global presence with its offices located in US, Dubai, England.

Tips Industries Buyback 2022 Detail

Issue Period
Security NameTips Industries Limited
Issue TypeTender Offer
Issue Size (Shares)126,000.00
Issue Size (Amount)₹32.76 Crores
Buyback Price₹2600 per share
Face Value₹10 per share
Listing AtBSE, NSE

Buyback Ratio

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Tips Industries Buyback 2022 Documents

Tips Industries Buyback 2022 Rating

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Company Contact Information

Tips Industries Limited
601, Durga Chambers,
6th Floor, Linking Road,
Khar(west), Mumbai - 400 052

Phone: +91 22 6643 1188
Email:
Website: https://tips.in/

Tips Industries Buyback 2022 Registrar

Tips Industries Buyback 2022 Manager

Lead Manager(s)

  1. Inga Ventures Pvt Ltd

Find Tips Industries Buyback 2022 Latest Update

Tips Industries Buyback 2022 FAQs

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

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

The Tips Industries Buyback 2022 is a Tender Offer.

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

The Tips Industries Buyback 2022 is being offered at Rs ₹2600 per share per equity share.

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

The issue size of Tips Industries Buyback 2022 is of 126,000.00 equity shares at ₹2600 per share aggregating upto ₹32.76 Crores.

The necessity for Tips 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 Tips 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. Amit   I Like It. |Report Abuse|  Link|Nov 18, 2022 12:40:55 PMReply
One share strategy will not succeed here.
1.1. Ayush Jindal   I Like It. 2|Report Abuse|  Link|Nov 18, 2022 1:02:29 PM
Yes, one share strategy will not succeed here.

Because the Retail quota in this BB is only 18,900 shares and as per the latest shareholding of September 2022 there are more than 20000 retailers and this number will go higher in upcoming days.