Ashiana Housing Buyback 2023 Record Date, Buyback Price & Entitlement Ratio

The Ashiana Housing Buyback date has been Recorded on July 28, 2023. Read the post to learn about Ashiana Housing Buyback 2023.

Ashiana Housing, founded in 1986, specializes in real estate development. Ashiana’s main business strategy is to buy property and transform it into a residential.

Start your investing journey today. Find the latest information on Upcoming Buyback.

Key Details Of Ashiana Housing Buyback 2023:

Mayur Uniquoters Buyback Price

The Ashiana Housing Buyback price Today is ₹[301 per equity share ].

IPO Overview​

Ashiana Housing ASHIANA HOUSING LIMITED – the organization, which had a very humble beginning back in 1986 and has been in the business for decades now, used to be a well-known building firm. Today, the organisation has successfully built 1500 houses for the homeless and continues its good track record. Ashiana Housing Limited now enjoys a respected reputation due to its recent successes. It was recognized as one of the Top 10 Real Estate Builders in 2020, paving the way for it to continue to be established as one of the most dominant players in the market. Additionally, it was voted the North India best firm in 2019. 1) Initially, I will name my brand ‘Caring’ to emphasize the company’s commitment to client care, welfare, and satisfaction.

Ashiana Housing Share Buyback 2023 Details

Ashiana Housing Buyback Dates	Coming soon
Ashiana Housing Buyback Price	INR 301 per share
Market Price on Buyback Approval	INR 198.35 per share
Buyback Premium on Market Price	51.75%
Buyback Offer Size (Shares)	18,27,242 shares
Buyback Offer Size (Amount)	INR 55 crore
Offer Type	Tender
Promoter Participation	Yes
Face Value	INR 2 per share
Listing At	BSE

Ashiana Housing Buyback Dates (Timeline)

Board Meeting Intimation for Buyback Proposal	26 June 2023
Buyback Approval Date	12 July 2023
Public Announcement of Buyback	14 July 2023
Ashiana Housing Buyback Record Date	28 July 2023
Buyback Opening Date	Coming soon
Buyback Closing Date	Coming soon
Cut-off Date to receive completed tender forms by Registrar	Coming soon
Verification Date by the Registrar	Coming soon
Return of unaccepted shares by Registrar	Coming soon
Extinguishment of accepted shares	Coming soon

Ashiana Housing Buyback Entitlement Ratio

Shareholder Category	Entitlement Ratio	Entitlement Ratio (in %)
Small Shareholders
(less than INR 2 Lakh on record date)	–	7.55
General category
(for all other Eligible Shareholders)	–	–

Ashiana Housing Financial Performance

	FY 2021	FY 2022	FY 2023
Revenue	241.98	221.74	407.37
Total Expenses	240.60	230.77	378.82
Net income	1.72	(7.04)	27.88

Calculation of Investment in Buyback

Closing price of stock as of 12 July 2023	INR 2,00,000
Buyback price per share	INR 301
Maximum market value of a shareholder as on record date	665 shares *
Closing price of stock as on 12 July 2023	INR 198.35**
Maximum amount invested in buyback (INR 665 x 198.35 shares)	INR 1,31,903

Ashiana Housing Buyback Acceptance Ratio

Shares Tendered	Buyback Entitlement	Acceptance ratio	Buyback Profit	Profit in %
665	51	51 (100%)	5,235.15	3.97
665	51	102 (200%)	10,470.3	7.94
665	51	153 (300%)	15,705.45	11.91

Company Profile​

IPO Strengths

• Experienced promoters and a competent management team.
• Well-established relationships with a loyal customer base.
• Access to markets worldwide, enabling global reach.

IPO Weakness

• Heavy reliance on customers based in the United States.
• Need to adhere to multiple laws and regulations in these countries to ensure compliance.
• Competition from other players in the market.

Ashiana Housing Buyback FAQs