Last updated on September 7, 2024
Mayur Uniquoters Buyback Record Date is 23 August 2024.Â
Mayur Uniquoters primarily manufactures coated textile fabrics, artificial leather, and PVC vinyl, which are widely used in various segments such as footwear, furnishings, automotive OEMs, the automotive replacement market, and automotive exports.
The company operates three manufacturing plants. The Jaitpura Plant in Jaipur is the primary producer of artificial leather for the company and features four Italian coating lines with a fully utilized capacity of 1.85 million linear meters per month. The Dhodhsar Plant, also in Jaipur, is a new facility with a capacity of 1.20 million linear meters per month, bringing the company’s total coating capacity to 3.05 million linear meters per month. The Morena Plant in Madhya Pradesh has a current capacity of 600,000 linear meters per month.
Mayur Uniquoters serves a diverse range of clients across various industries and supplies synthetic leather to well-known companies such as Maruti Suzuki, Tata Motors, Mahindra & Mahindra, and MG Motors.
Mayur Uniquoters Buyback Record Date, Other Details
| Mayur Uniquoters Buyback Dates | 29 Aug – 4 Sep 2024 |
| Mayur Uniquoters Buyback Price | INR 800 per share |
| Market Price on Buyback Approval | INR 627.40 per share |
| Buyback Premium on Market Price | 27.51% |
| Buyback Offer Size (Shares) | 5,00,000 shares |
| Buyback Offer Size (Amount) | INR 40 crore |
| Offer Type | Tender |
| Promoter Participation | Yes |
| Face Value | INR 5 per share |
| Listing At | BSE, NSE |
Mayur Uniquoters Buyback Dates (Timeline)
| Board Meeting Intimation for Buyback Proposal | 1 August 2024 |
| Buyback Approval Date | 8 August 2024 |
| Public Announcement of Buyback | 12 August 2024 |
| Mayur Uniquoters Buyback Record Date | 23 August 2024 |
| Buyback Opening Date | 29 August 2024 |
| Buyback Closing Date | 4 September 2024 |
| Cut-off Date to receive completed tender forms by Registrar | 4 September 2024 |
| Verification Date by the Registrar | 10 September 2024 |
| Return of unaccepted shares by Registrar | 11 September 2024 |
| Extinguishment of accepted shares | 23 September 2024 |
Mayur Uniquoters Buyback 2024 Documents
Letter of Offer
Public Announcement
Board Approval
Upcoming Share Buyback
Mayur Uniquoters Buyback Entitlement Ratio
| Shareholder Category | Entitlement Ratio | Entitlement Ratio (in %) |
| Small Shareholders (less than INR 2 Lakh on record date) | 1/27 | 3.70 |
| General category (for all other Eligible Shareholders) | 3/296 | 1.01 |
A small shareholder is defined as a shareholder who holds shares worth less than INR 2,00,000 as of the record date.
Mayur Uniquoters Financial Performance
| FY 2022 | FY 2023 | FY 2024 | |
| Total Income | 656.0 | 776.0 | 803.0 |
| Total Expenses | 531.0 | 637.0 | 644.0 |
| Net Income | 94.0 | 104.0 | 122.0 |
Calculation of Investment in Buyback
| Maximum market value of a shareholder as on record date | INR 2,00,000 |
| Buyback price per share | INR 800 |
| Maximum shares for small shareholders (2,00,000/800) | shares 250* |
| The closing price of the stock as of 8 August 2024 | INR 627.40** |
| Maximum amount invested in buyback (INR 627.40 x 250 shares) | INR 1,56,850 |
**Â For simplicity, we have considered the price on the buyback approval date
Mayur Uniquoters Buyback Acceptance Ratio
| Shares Tendered | Buyback Entitlement | Acceptance ratio | Buyback Profit | Profit in % |
| 250 | 10 | 10 (100%) | 1,726 | 1.10 |
| 250 | 10 | 20 (200%) | 3,452 | 2.20 |
| 250 | 10 | 30 (300%) | 5,178 | 3.30 |
Registrar of Mayur Uniquoters Buyback 2024
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:Â 011-29961281-83
Email:Â [email protected]
Website: www.beetalfinancial.com
Manager of Mayur Uniquoters Buyback 2024
D AND A FINANCIAL SERVICES (P) LIMITED
13, Community Centre,
East of Kailash, New Delhi – 110065
Phone:Â 011-41326121/ 40167038
Email:Â [email protected]
Website: www.dnafinserv.com
The Process to Participate in Mayur Uniquoters Buyback
All eligible shareholders of the company who own shares in the physical or demat form on the record date may participate in the buyback offer through their stockbroker. The eligible shareholders who hold the shares in demat form must notify their brokers 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 shareholders who own 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
What are Mayur Uniquoters buyback dates?
Mayur Uniquoters share buyback opens on 29 August 2024 and closes on 4 September 2024.
Which type of buyback is Mayur Uniquoters buyback offer?
Mayur Uniquoters buyback is a tender offer.
What is the Mayur Uniquoters buyback price?
Mayur Uniquoters buyback price is INR 800 per share.
What is the Mayur Uniquoters buyback record date?
Mayur Uniquoters buyback record date is 23 August 2024.
How to participate in Mayur Uniquoters share buyback?
Mayur Uniquoters share buyback will be conducted through the tender process and investors who hold the shares on record date can place orders through their broker.
