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| Title | Detail |
|---|---|
| Company Name: | Mayur Uniquoters Ltd |
| Buyback Type: | Tender Offer |
| Total Share Capital: | Rs 2217 Cr |
| Offer Amount: | Rs 40.62 Cr |
| Offer Size: | 6.42% |
| Buyback Number of Shares: | 6.25 lakhs |
| Buyback Price: | 650 |
| Approx Entry Price: | 490 |
| Promoters In: | Y |
| Buyback Approval Date: | 08-02-2022 |
| Record Date: | 23-02-2022 |
| Open Date: | 24-03-2022 |
| Close Date: | 06-04-2022 |
| Payment Date: | 26-04-2022 |
| Record Date Price: | 431.90 |
| Maximum Retail Quantity: | 463 |
| Draft Letter of Offer: | Draft Letter of Offer |
| Letter of Offer: | Letter of Offer |
| Acceptance Ratio Retail: | 1 Equity Share out of every 29 fully paid-up Equity Shares held on the Record Date |
| Acceptance Ratio Retail %: | 3.44% |
| Acceptance Ratio General: | 1 Equity Share out of every 79 fully paid-up Equity Shares held on the Record Date |
| Acceptance Ratio General %: | 1.26% |
| Final Acceptance Ratio %: | 9.36% |
The Record Date for Mayur Uniquoters Ltd Buyback offer is 23rd Feb 2022
Which means you should hold the Mayur Uniquoters Ltd share in your demat account by closing session of 23rd Feb 2022. Share purchased on and before (23rd Feb 2022) - 2 business days will be available in your demat account by 23rd Feb 2022.
Its all depend on acceptance ratio which usually announce with Letter of Offer. Lets assume if you have Mayur Uniquoters Ltd shares at ₹490 and buyback offer price is ₹650, you can get ₹160 per accepted share. If you hold 408 shares of Mayur Uniquoters Ltd and if proportionate acceptance is between 33% and 50%, in such case you are eligible to sell your 135 to 204 shares with the gain from buyback of ₹21600 to ₹32640.
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.
| % Share Accepted | No of Shared Accepted | Gain from Buyback Offer |
|---|---|---|
| 33% | 135 | ₹21600 |
| 50% | 204 | ₹32640 |
| 75% | 306 | ₹48960 |
| 100% | 408 | ₹65280 |
Steps to participate in Mayur Uniquoters Ltd 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.
Buyback opening date for Mayur Uniquoters Ltd: 24th Mar 2022
Buyback closing date for Mayur Uniquoters Ltd: 6th Apr 2022
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 .
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 26th Apr 2022.
Buyback opening date for Mayur Uniquoters Ltd: 24th Mar 2022
Buyback closing date for Mayur Uniquoters Ltd: 6th Apr 2022
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 .
