Tips Industries Buyback 2022 Record Date, Buyback Price, Entitlement Ratio


Last updated on January 20, 2023

Tips Industries Buyback

Tips Industries Buyback 2022 description – The company is one of India’s largest entertainment players engaged in music recording film production, film promotion, and film distribution company.

The company started with dealing into gramophone records, pre-recorded audio cassettes, blank audio cassettes, and replicated CDs. The company owns over 3500+ titles, copy rights of many Hindi movies.

Tips industries has its own manufacturing plant and distribution system. The company also has its global presence with its offices located in US, Dubai, England.

Tips Industries BUYBACK 1

Tips Industries Share Buyback 2022 Details

Buyback Dates27 Jan – 9 Feb 2023
Tips Industries Buyback Price INR 2,600 per share
Buyback Offer Size (Shares)1,26,000 shares
Buyback Offer Size (Amount)INR 32.76 Crore
Offer TypeTender
Promoter ParticipationYes
Face Value INR 10 per share
Listing AtBSE, NSE

Tips Industries Buyback Dates (Timeline)

Board Meeting for Buyback Proposal9 November 2022
Buyback Approval Date9 November 2022
Public Announcement of Buyback21 December 2022
Tips Industries Buyback Record Date30 December 2022
Buyback Opening Date27 January 2023
Buyback Closing Date9 February 2023
Cut-off Date to receive completed tender forms by Registrar9 February 2023
Verification Date by the Registrar17 February 2023
Return of unaccepted shares by Registrar20 February 2023
Extinguishment of accepted shares27 February 2023

Tips Industries Buyback 2022 Documents

Letter of Offer
Draft Letter of Offer
Public Announcement
Board Approval
Upcoming Share Buyback

Tips Industries Buyback Entitlement Ratio

Shareholder CategoryEntitlement RatioEntitlement Ratio (in %)
Small Shareholders
(shares less than INR 2 Lakh)
General category
(for all other Eligible Shareholders)

Small Shareholder is defined as shareholder who holds shares worth less than INR 2,00,000 as on record date.

Tips Industries Ltd’s Financial Performance

FY 2019FY 2020FY 2021FY 2022
Total Income207.72108.8295.42138.80
Total Expenses199.1393.2835.3949.43
Net income 2.8511.3443.4764.56
Figures in INR crore unless specified otherwise

Calculation of Investment in Buyback

Maximum market value of a share holder as on record dateINR 2,00,000
Buyback price per shareINR 2,600
Maximum shares for small shareholder (2,00,000/2,600)77 shares*
Closing price of stock as on 9 November 2022INR 1,823.75 **
Maximum amount invested in buyback (INR 1,823.75 x 77 shares)INR 1,40,429
* No. of shares stands to change according to the closing price on record date
** For simplicity, IPO Central
has considered price on buyback approval date

Tips Industries Buyback Profit Guidance

Shares Tendered Buyback EntitlementAcceptanceBuyback ProfitProfit in %
7744 (100%)31052.21
7748 (200%)62104.42
77412 (300%)93156.63

Registrar of Tips Industries Buyback 2022

C-101, 1st Floor, 247 Park,
L.B.S. Marg, Vikhroli (West),
Mumbai, Maharashtra – 400 083
Phone: +91 810 811 4949
Email: [email protected]

Manager of Tips Industries Buyback 2022

1229, Hubtown Solaris, N.S. Phadke Marg,
Opp. Telli Galli, Andheri (East),
Mumbai, Maharashtra – 400069
Tel. No.: +91 022 6854 0808
Email: [email protected]

Process to Participate in Tips Industries 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 stock broker. 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

When does Tips Industries share buyback offer open?

Tips Industries share buyback opens on 27 January 2023 and closes on 9 February 2023.

Which type of buyback is Tips Industries buyback offer?

Tips Industries buyback is a tender offer.

What is Tips Industries buyback price?

Tips Industries buyback price is INR 2,600 per share.

What is Tips Industries buyback record date?

Tips Industries buyback record date is 30 December 2022.


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