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Triveni Turbine Limited Buyback (Triveni Turbine Buyback) Detail

Triveni Turbine Limited ( TTL ) is a dominant Industrial Steam Turbine manufacturer with a global footprint spanning over 75 countries. TTL offers robust back-pressure and condensing steam turbines that work across a wide range of pressure and flow applications. With a dedicated team of highly skilled and experienced engineers, TTL offers a wide suite of integrated solutions like erection & commissioning, spare parts, operations & maintenance and refurbishing, among others.

The Company is the market leader in India with a dominant 60% market share. It also offers comprehensive aftermarket services covering the entire lifecycle of turbines. TTL operates in a higher capacity range up to 100 MW turbines.

With over 5000 turbine installations in over 75 countries globally, the Company is fast spreading its global footprint to more countries and geographies.

TTL operates a state-of-the-art manufacturing facility in Bengaluru, India. The facility is equipped to provide complete manufacturing, assembly, testing and refurbishing services.

The company has installed 5000+ Stream Turbine Units Installed.

Triveni Turbine Buyback Detail

Issue Period
Security NameTriveni Turbine Limited
Issue TypeTender Offer
Issue Size (Shares)5,428,571.00
Issue Size (Amount)₹190.00 Crores
Buyback Price₹350 per share
Face Value₹1 per share
Listing AtBSE, NSE

Buyback Ratio

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Company Financials

Triveni Turbine Limited Financial Information (Restated)
Period EndedTotal AssetsTotal RevenueProfit After TaxTotal Borrowing
31-Mar-21941.85721.68102.4698.69
31-Mar-221334.82881.72270.2128.2
Amount in ₹ Crore

Triveni Turbine Buyback Documents

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Company Contact Information

Triveni Turbine Limited
A-44, Hosiery Complex,
Phase-II Extn., Noida
201305

Phone:
Email:
Website: https://www.triveniturbines.com/

Triveni Turbine Buyback Registrar

Triveni Turbine Buyback Manager

Lead Manager(s)

Find Triveni Turbine Buyback Latest Update

Triveni Turbine Buyback FAQs

The Triveni Turbine Buyback open and close dates are not available as of now.

The Triveni Turbine Buyback last day to buy is not available as of now.

The Triveni Turbine Buyback is a Tender Offer.

Sorry the Triveni Turbine Buyback timelines are not available at this time.

The Triveni Turbine Buyback is being offered at Rs ₹350 per share per equity share.

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The Triveni Turbine Buyback record date is not yet declared.

The issue size of Triveni Turbine Buyback is of 5,428,571.00 equity shares at ₹350 per share aggregating upto ₹190.00 Crores.

The necessity for Triveni Turbine Buyback 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 Triveni Turbine 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.


2 Comments

2. Anon   I Like It. |Report Abuse|  Link|Nov 13, 2022 11:02:37 PMReply
@admin
Triveni engg also announced tender buyback @350
2.1. fish   I Like It. |Report Abuse|  Link|Nov 24, 2022 8:46:40 PM
is it worth applying? i'm new to buyback, is the er around 50% based on shareholding pattern for quarter ending 31 sept 2022?
1. CB🤗   I Like It. |Report Abuse|  Link|Nov 6, 2022 1:55:54 AMReply
Balrampur Chini buyback decision on 9th November board meeting expected
1.1. CB🤗   I Like It. |Report Abuse|  Link|Nov 13, 2022 10:02:41 PM
@Admin please add Balrampur Chini open buyback @360. My buy price itself is 365😣