Mayur Uniquoters Buyback 2022 Record Date, Buyback Price, Entitlement Ratio


Last updated on March 20, 2022

Mayur Uniquoters Buyback

Mayur Uniquoters Buyback 2022 description – Mayur Uniquoters manufactures Coated Textile Fabrics, artificial leather and PVC Vinyl which are widely used in different segments such as Footwear, Furnishings, Automotive OEM, Automotive replacement market, and Automotive Exports.

The company supplies synthetic leather to domestic and overseas clients. Footwear is a large end industry where Mayur services clients including Bata, Action, Liberty, Relaxo, VKC group, Paragon, etc. The company also caters to domestic and global automotive OEMs as well as the replacement market. Mayur Uniquoters caters to several large auto manufacturers including Honda, Maruti, M&M, Tata, Eicher Motors and global OEMs, Ford, Mercedes, and Chrysler.

Mayur Uniquoters Buyback 2022 Details

Buyback Dates24 March – 6 April 2022
Mayur Uniquoters Buyback Price INR650 per share
Buyback Offer Size (Shares)6,25,000 shares
Buyback offer as % of total shares1.40%
Buyback Offer Size (Amount)INR40.62 crore
Offer TypeTender
Promoter ParticipationYes
Face Value INR5 per share
Listing AtBSE, NSE

Mayur Uniquoters Buyback Dates (Timeline)

Board Meeting for Buyback Proposal8 February 2022
Buyback Approval Date8 February 2022
Public Announcement of Buyback10 February 2022
Mayur Uniquoters Buyback Record Date23 February 2022
Buyback Opening Date24 March 2022
Buyback Closing Date6 April 2022
Cut-off Date to receive completed tender forms by Registrar6 April 2022
Verification Date by the Registrar18 April 2022
Return of unaccepted shares by Registrar19 April 2022
Extinguishment of accepted shares26 April 2022

Registrar of Mayur Uniquoters Buyback 2022

Beetal Financial and Computer Services Private Limited
Beetal House, 3rd Floor
99, Madangir, Behind Local Shopping Centre
Near Dada Harsukh Das Mandir
New Delhi – 110062
Phone: +91 011 29961281-83
Email: [email protected]

Manager of Mayur Uniquoters Share Buyback 2022

Chartered Capital and Investment Limited
418-C, “215 Atrium”
Andheri Kurla Road
Andheri (East)
Mumbai 400 093
Phone: +91 022 – 6692 4111
Email: [email protected]

Mayur Uniquoters Share Buyback 2022 Documents

Offer Letter
Draft Letter of Offer
Public Announcement
Upcoming Share Buyback

Mayur Uniquoters Buyback Entitlement Ratio

Shareholder CategoryEntitlement RatioEntitlement Ratio (in %)
Small Shareholders
(less than INR2 Lakh on record date)
General category
(for all other Eligible Shareholders)

Small Shareholder is defined as shareholder who holds shares worth less than INR2,00,000 as on record date.

Mayur Uniquoters’ Financial Performance

Total Income573.4516.5500.8
Total Expenses446.8411.3383.8
Net income 87.280.689.0
Figures in INR crore unless specified otherwise

Working Calculation of Amount Invested in Buyback

Maximum market value of a share holder as on record dateINR2,00,000
Buyback priceINR650
Maximum shares of a shareholder on 8 Feb (2,00,000/650)307 shares
Closing price of share as on 8 February 2022INR497.40
Amount Invested in buyback (497.4 x 307 shares)INR1,52,702

Profit from Mayur Uniquoters Buyback by Acceptance Ratio

Acceptance ratioAmount invested in buybackNo. of shares bought backBuyback ProfitProfit in %
75% 1,71,50523035,09822.98
100% 1,71,50530746,84830.68

Necessity of the Buyback

  • The buy-back gives an option to the equity shareholders to either participate in the buy-back and receive cash in lieu of Equity Shares accepted under the buy-back.
  • The buy-back helps to return surplus cash to its shareholders, in proportion to their shareholding, thereby, enhancing the overall returns to shareholders.
  • The buy-back would help in improving Earning per share (EPS), Return on asset (ROA) and Return on equity (ROE) ratios of the Company.
  • The buy-back, which is being implemented through the Tender Offer route as prescribed under the Buyback Regulations, would involve a reservation for small shareholders as defined in the Buy-back Regulations.

Process to Participate in Mayur Uniquoters Buyback

All eligible Shareholders of the Company who own Physical Shares or Demat Shares on the Record Date may participate in the buyback offer through their Stock Broker. The eligible shareholder who holds the shares in Demat form must notify their broker of the details of the Equity shares that they wish to tender in the Buyback Offer.

The shareholder must transfer the tendered shares to the clearing corporation’s Special account. In turn, the broker would place a buyback order on the stock exchange.

The eligible shareholder who owns the shares in physical form must present their broker with the original share certificates and supporting documents. After document verification is complete, the broker places an order on the stock exchange and submits the original share certificate and TRS (Transaction Registration Slip) to the registrar.

Frequently Asked Questions

When does Mayur Uniquoters share buyback offer open?

Mayur Uniquoters share buyback opens on 24 March and closes on 6 April 2022

What is the timeline of Mayur Uniquoters share buyback 2022?

Timeline of Mayur Uniquoters share buyback will be coming soon.

What is the Mayur Uniquoters buyback price?

Mayur Uniquoters Buyback price is INR650 per share.

What is the Mayur Uniquoters buyback record date?

The Record date is 23 February 2022.


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