Control Print Buyback 2023 was announced on July 31, 2023. The Control Print buyout will begin on August 24, 2023. The control print buyback record date is August 18, 2023. To be eligible for the buyback, the investor must purchase Control Print shares prior to the record date.
The board of directors approved a control print buyback of Rs. 27 crore on July 31, 2023. Control Print Buyback will be accomplished through the stock exchange mechanism via the Tender Offer procedure. The company’s board of directors authorized the buyback of its fully paid-up equity shares with a face value of 10 each at a price of 800 per equity share and for an aggregate amount not exceeding 27 crores from the shareholders. Control Print Limited is a well-known manufacturer of coding and marking equipment noted
for its high-quality products and services. Control Print, founded on January 14, 1991, has emerged as a pioneer in the field, delivering unique solutions to fulfil the coding and marking demands of many sectors. Control Print Limited manufactures coding and marking consumables such as fluid ink, ink ribbons, and other vital supplies in addition to high-quality coding and marking equipment. Customers can rely on Control Print for all of their coding and marking needs thanks to this complete approach.
Control Print Buyback 2023 Dates
| Buyback Meeting Date: | July 31, 2023 |
| Buyback Announcement Date: | July 31, 2023 |
| Buyback Record Date: | August 18, 2023 |
| Last Date to Buy Shares: | August 17, 2023 |
| Buyback Open Date: | August 24, 2023 |
| Buyback Close Date: | August 30, 2023 |
| Finalization of Buyback Acceptance: | September 5, 2023 |
Control Print Buyback 2023 Offer Details
Control Print buyback of 337,500 equity shares at a price of ₹800 per equity share. The buyback offers not to exceed ₹27 crores of the total buyback offer size.
| Offer Amount: | ₹27 Crores |
| Number of Shares: | 337,500 Equity Shares |
| Face Value: | ₹10 per equity share |
| Buyback Price: | ₹800 per equity share |
| Listing: | BSE, NSE |
| Buyback Type: | Tender Offer |
Control Print Buyback 2023 Acceptance Ratio
The investor should buy around 250 shares at a current market price of ₹636 (Announced date). The calculation will be ₹2,00,000 / ₹800 buyback price = 250 shares.
| Acceptance Ratio | Investment | Shares Buyback | Profit |
|---|---|---|---|
| 33% | ₹1,59,000 | 82 | ₹13,448 |
| 50% | ₹1,59,000 | 125 | ₹20,500 |
| 75% | ₹1,59,000 | 187 | ₹30,668 |
| 100% | ₹1,59,000 | 250 | ₹41,000 |
Control Print Financial Report
| ₹ in Crores | |||
| Year | Revenue | Expense | PAT |
| 2021 | ₹204 | ₹154 | ₹29 |
| 2022 | ₹256 | ₹197 | ₹40 |
| 2023 | ₹304 | ₹228 | ₹53 |
How to Participate in Control Print Buyback 2023
Investors who own Control Print shares in their Demat Account on the Record Date are eligible for the repurchase plan. Eligible Shareholders can participate in the Control Print Buyback 2023 plan by selling their shares according to the starting form. The payment will be made in accordance with the Control Print buyback plan.
Control Print Buyback 2023 Registrar
Bigshare Services Pvt Ltd
Phone: +91-22-6263 8200
Email: [email protected]
Website: https://ipo.bigshareonline.com
Control Print Company Address
Control Print (India) Limited
C-106, Hind Saurashtra Industrial Estate,
Andheri-Kurla Road,
Marol Naka, Andheri (East), Mumbai 400059
Phone: +91 22 28599065
Email: [email protected]
Website: https://controlprint.com
Control Print Buyback 2023 Lead Managers
- Keynote Financial Services Ltd
Control Print Buyback 2023 FAQs :
Q1. When is Control Print Buyback 2023 Record Date?
Ans. Control Print buyback 2023 record date is August 18, 2023.
Q2. When is Control Print Buyback 2023 Open Date?
Ans. Control Print buyback 2023 open date is August 24, 2023.
Q3. What is Control Print Buyback 2023 Price?
Ans. The company has fixed the price at ₹800 per share.
Q4. How to apply for Control Print Buyback 2023?
Ans. As per the record date you need to have Control Print shares in your Demat Account. You can participate in buyback after having the stock in your Account.
How Can you apply For the Different Portals :
Q1. How to Apply the Control Print Buyback through Zerodha?
Ans. Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on Corporate Actions. You will see the Company Name “Control Print”. Click on Place Order. Enter your Quantity and submit Control Print Buyback Application Form.
Q2. How to Apply the Control Print Buyback through Upstox?
Ans. Log in to Upstox Application with your credentials. Select the Control Printount Section. You will see the Company Name “Control Print”. Click on Control Print Stock for Buyback. Enter your Quantity and submit Control Print Buyback Application Form.
Q3. How to Apply the Control Print Buyback through Control Print Money?
Ans. Log in to Control Print Money Application with your credentials. Select the Control Print. Enter your Quantity and submit Control Print Buyback Application Form.
