The Arnold Holdings date has been confirmed from February 1, 2024 – February 7, 2024.
Arnold Holdings is issuing size of ₹13.23 Crores. The company offers private equity financing to companies in a variety of industries, including pharmaceutical research, high-end telecommunications technology product development, media production services, technology-enabled CRM, and messaging services to traditional sectors like textiles, pharmaceuticals, manufacturing, construction, processed foods, component and tooling manufacturing, and hotels.
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Bidding Dates
Feb 1-7
Buyback Price
₹21 per share
Face Value
₹10 per share
Offer Closes On
February 7
Arnold Holdings IPO GMP
The Arnold Holdings Buyback Price is ₹2.
IPO Overview
Arnold Holdings Limited, a non-banking financial organization, was founded in 1981 and provides portfolio advice services as well as equity investments. The company offers private equity financing to companies in a variety of industries, including pharmaceutical research, high-end telecommunications technology product development, media production services, technology-enabled CRM, and messaging services to traditional sectors like textiles, pharmaceuticals, manufacturing, construction, processed foods, component and tooling manufacturing, and hotels.
The company operates in the following areas:
- Corporate Finance
- Infrastructure financing
- Mortgages and loans
- Capital market
Arnold Holdings Buyback Detail
| Issue Period | February 1, 2024 – February 7, 2024 |
| Security Name | Arnold Holdings Limited |
| Issue Type | Tender Offer |
| Issue Size (Shares) | 6,300,000 (20.95 % of Total number of equity Shares) |
| Issue Size (Amount) | ₹13.23 Crores |
| Buyback Price | ₹21 per share |
| Face Value | ₹10 per share |
| Listing At | BSE |
Arnold Holdings Limited Financial Information
| Period Ended | 30 Sep 2023 | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
| Assets | 137.93 | 107.00 | 58.23 | |
| Revenue | 89.83 | 164.61 | 118.90 | 37.48 |
| Profit After Tax | 1.66 | 3.81 | 1.51 | 0.69 |
| Net Worth | 59.36 | 57.70 | 54.23 | 53.05 |
| Amount in ₹ Crore | ||||
Arnold Holdings Buyback Issue Timetable
| Last Date to buy shares | January 24, 2024 |
| Record Date | January 25, 2024 |
| Offer Opens On | February 1, 2024 |
| Last Date for receipt of Tender Forms | February 7, 2024 |
| Offer Closes On * | February 7, 2024 |
| Finalisation of Buyback Acceptance | February 14, 2024 |
| Last Date for settlment of bids | February 14, 2024 |
| Last Date for Extinguishment of Shares | February 16, 2024 |
Company Profile
Necessity of the Issue
The Buyback is being undertaken for the following reasons:
- The Buyback will help the Company to return surplus cash to its shareholders holding Equity Shares thereby, enhancing the overall return to shareholders;
- The buyback will help the company to improve its capital structure by optimizing debt to equity ratio. It would also help improve financial ratios such as earnings per share and return on equity.
- The buyback will give an option to the members holding equity shares of the company, who can choose to participate and get cash in lieu of equity shares to be accepted under the buyback offer or they may choose not to participate and enjoy a resultant increase in their percentage shareholding, post the buyback, without any additional investment.
Registrar Info
| Name | Niche Technologies Pvt. Ltd |
| Phone number | 2235-7270/ 7271 |
| Email ID | [email protected] |
| Website | nichetechpl.com |
Contact Details
| Name | Arnold Holdings Limited |
| Phone number | +91-22-22016640 |
| Email ID | [email protected] |
| Website | arnoldholdings.in |
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.
Arnold Holdings IPO FAQs
Which is the last day to buy Arnold Holdings Buyback 2024 for buyback?
Last date to be eligible to participate in buyback is January 24, 2024.
What is the offer price for Arnold Holdings Buyback 2024 offer?
The Arnold Holdings Buyback 2024 is being offered at Rs ₹21 per share per equity share.
What is the record date for Arnold Holdings Buyback 2024 offer?
The record date for the Arnold Holdings Buyback 2024 is January 25, 2024.
What is the issue size of Arnold Holdings Buyback 2024?
The issue size of Arnold Holdings Buyback 2024 is of 6,300,000 equity shares at ₹21 per share aggregating upto ₹13.23 Crores.
