Jullundur Motor Agency (Delhi) Ltd Buyback Review

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Jullundur Motor Agency (Delhi) Limited is a distributor of spare parts across India. The company deals in automobile parts and accessories primarily in India. It has approximately 80 branches, over seven regional offices and caters to approximately 75,000 dealers covering various vehicles. It has two other group companies, Jullundur Auto Sales Corporation Ltd and JMA Marketing Limited.

Jullundur Motor Agency (Delhi) Ltd is coming up with buyback worth ₹26.82 Cr. The size of the buyback is 74.50 Lakh shares which represent 17.02% of the total paid-up capital. The buyback price is set to ₹36 per share. Jullundur Motor Agency buyback record date is 24th December 2020.

What is Jullundur Motor Agency (Delhi) Limited Buyback details?

Below is the complete details about Jullundur Motor Agency (Delhi) Limited Buyback. Record date, buyback open and close dates are announce in below section.

    Buyback Type: Tender Offer
    Buyback Offer Amount: Rs 26.82 Cr
    Buyback Number of Shares: 74.50 Lakh
    Buyback Price: Rs 36
    Buyback Offer Size (In %): 17.02%
    Total Share Capital: 100.04 Cr
    Face Value: 2 Per Equity Share
    Buyback Offer Size (In %): 17.02%

Can I Invest today to participate in Jullundur Motor Agency (Delhi) Limited buyback offer? No

What are Jullundur Motor Agency (Delhi) Limited Buyback Important Dates?

In this section we have covered all important dates related to Jullundur Motor Agency (Delhi) Limited Buyback. Dates are updated as they are announced. The most noted dates are record date and buyback open and close dates, which one should use to participate in buyback.

    Jullundur Motor Agency (Delhi) Limited buyback offer important dates
    Buyback Activity Date
    Board Meeting for Buyback proposal 4th Nov 2020
    Buyback Approval date 4th Nov 2020
    Public Announcement of Buyback 15th Dec 2020
    Record Date 24th Dec 2020
    Buyback opens on/Buyback Opening Date Not Yet Announced
    Buyback closes on/Buyback Closing Date Not Yet Announced
    Cut-off date to receive completed tender forms by Registrar Not Yet Announced
    Cut-off date for verification by the Registrar Not Yet Announced
    Cut-off date to inform Stock Exchange on acceptance or non-acceptance
    of tendered Equity Shares by Registrar
    Not Yet Announced
    Last date of settlement of bids on the stock exchange Not Yet Announced
    Last date to return unaccepted shares by Registrar Not Yet Announced
    Last date of extinguishment of Equity Shares Not Yet Announced

Jullundur Motor Agency (Delhi) Limited Share Holding Pattern as of Sept 2020

Stock Holding table gives a clear picture on retail investor holdings of Jullundur Motor Agency (Delhi) Limited shares which helps investor to decide on participating in buyback offer. The less number of retail holdings means higher chance of acceptance in buyback under retail category which is equal to higher profit.

    Holding Type In %
    Promoter-Foreign 0%
    Promoter-Indian 38.9%
    Non-Promoter-Institutions 0%
    Non-Promoter-Non-Institutions 0%

Jullundur Motor Agency (Delhi) Limited Public Announcement >>Document

Jullundur Motor Agency (Delhi) Limited Draft Letter of Offer >>Document

Buyback Calculator - Check your Profit/Loss and Breakeven point for left out shares.

Current and Upcoming Buybacks Key dates

The table below will give you a complete dashboard view for all open buyback offer in current market.

Current and Upcoming Buybacks Key dates
Company NameBuyback TypeOffer AmountBuyback PriceCMPRecord DateBuyback Open DateBuyback End Date
Garware Technical Fibres LimitedTender Offer72.99 Cr23002202.50 (-0.59%)11-12-2020TBDTBD
Jullundur Motor Agency (Delhi) LimitedTender OfferRs 26.82 Cr3634.35 (2.38%)24-12-2020TBDTBD
Engineers India LimitedTender Offer586.90 Cr8479.80 (0.00%)01-01-2021TBDTBD
Industrial & Prudential Investment Co. LtdTender OfferRs 8.34 Cr1,2001128.35 (2.03%)01-01-2021TBDTBD
Indian Toners and Developers LimitedTender Offer36.98 Cr160138.85 (-4.93%)15-01-2021TBDTBD
NIIT LimitedTender OfferRs 237 Cr240202.35 (-0.54%)TBDTBDTBD

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Detail Article on Benefit from buyback offer >> Read

Jullundur Motor Agency (Delhi) Limited Buyback Important dates - Record Date,Buyback Start and End date. Buyback Details - Buyback Price, Buyback Offer Size, Buyback Number of Shares, Retail Investors limit. What is the record date for Jullundur Motor Agency (Delhi) Limited? How can I apply in Jullundur Motor Agency (Delhi) Limited Buyback offer?

Company Contact Information

Jullundur Motor Agency (Delhi) Ltd
458-1/16, Sohna Road, (Opp. New Court)
Gurugram, Harayana- 122 001
Phone: 0124-3019210
Email: [email protected]

Registrar Contact Information

MAS Services Limited
T-34, 2nd floor
Okhla Industrial Area, Phase-II
New Delhi 110020
Tel.:+91-11-26387281
Email:[email protected]
Request call back from

Last Updated on 2020-12-27T23:32:50+00:00


Buyback FAQs

  1. 1. What is the record date for Jullundur Motor Agency (Delhi) Limited buyback offer?

    The Record Date for Jullundur Motor Agency (Delhi) Limited Buyback offer is 24th Dec 2020

    Which means you should hold the Jullundur Motor Agency (Delhi) Limited share in your demat account by closing session of 24th Dec 2020. Share purchased on and before (24th Dec 2020) - 2 business days will be available in your demat account by 24th Dec 2020.

     

     

  2. 2. How much I can make with Jullundur Motor Agency (Delhi) Limited buyback offer?

    Its all depend on acceptance ratio which usually announce with Letter of Offer. Lets assume if you have Jullundur Motor Agency (Delhi) Limited shares at ₹33 and buyback offer price is ₹36, you can get ₹3 per accepted share. If you hold 6061 shares of Jullundur Motor Agency (Delhi) Limited and if proportionate acceptance is between 33% and 50%, in such case you are eligible to sell your 2000 to 3030 shares with the gain from buyback of ₹6000 to ₹9090.

    The percentage of proportionate acceptance varies from company to company. This percentage can be also 100% which means that company buys all of your shares.

    Jullundur Motor Agency (Delhi) Limited Buyback Profit Calculation

    % Share AcceptedNo of Shared AcceptedGain from Buyback Offer
    33%2000₹6000
    50%3030₹9090
    75%4546₹13638
    100%6061₹18183

     

     

  3. 3. How to Participate in Jullundur Motor Agency (Delhi) Limited buyback offer?

    Steps to participate in Jullundur Motor Agency (Delhi) Limited buyback:

    1. On Record date (24th Dec 2020) you must have share of Jullundur Motor Agency (Delhi) Limited in your demat account/physical form. Depositing of share in your DP account usually take T+2 days, so you need to plan your buying accordingly.
    2. After that company announces buyback open and close window, so you need to tender your share in buyback process. You can do this online or contact your broker to tender your share in buyback, so he can place a request on your behalf.
    3. Next step is with registrar - depend on buyback acceptance ratio, your shares will be sold in buyback process and fund will directly debited in your bank account. Any rejected share will be revert in your demat account which you can sell in open market or hold for long term gain.

     

     

  4. 4. How many Jullundur Motor Agency (Delhi) Limited share are eligible for buyback?

    Share holders who hold less than 2 lakh worth of shares are consider in Retail Category. All others will consider in General Category. Last trading price on record date will be used to calculate the eligibility criteria.

     

     

  5. 5. When I need to tender Jullundur Motor Agency (Delhi) Limited share for buyback?

    Buyback opening date for Jullundur Motor Agency (Delhi) Limited: Not Yet Announced

    Buyback closing date for Jullundur Motor Agency (Delhi) Limited: Not Yet Announced

    This is the window when you need to submit your application for proposal for share buyback. If you are submitting tender forms or submitting physical share certificates, it must reach to registrar by Not Yet Announced.

     

     

  6. 6. When I will know how much shares accepted in Jullundur Motor Agency (Delhi) Limited buyback offer?

    As this is a buyback tender offer, shares are accepted in proportionate basis. Proportionate acceptance / rejection will be returned back to the eligible shareholders directly by the Registrar on or before Not Yet Announced.

     

     

  7. 7. When I need to tender Jullundur Motor Agency (Delhi) Limited share for buyback?

    Buyback opening date for Jullundur Motor Agency (Delhi) Limited: Not Yet Announced

    Buyback closing date for Jullundur Motor Agency (Delhi) Limited: Not Yet Announced

    This is the window when you need to submit your application for proposal for share buyback. If you are submitting tender forms or submitting physical share certificates, it must reach to registrar by Not Yet Announced.

     

     

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