The Mayur Uniquoters Buyback date has been Recorded on 23 February. Read the post to learn about Mayur Uniquoters Buyback GMP.
On February 8, 2022, Mayur Uniquoters (NSE: MAYURUNIQ, BSE: 522249) announced a share repurchase. The buyback deadline is February 23, 2022. To be eligible for the buyback, the investor must purchase Mayur Uniquoters shares on or before February 21st. According to market estimations, the Mayur Uniquoters repurchase acceptance ratio could be around -%
Start your investing journey today. Find the latest information on Upcoming Buyback.
Key Details Of Mayur Uniquoters Buyback
Bidding Dates
Record Date 23 Feb
Buyback Price
₹650 per equity share
Face Value
₹5 per share
Offer Closes On
April 6, 2022
Mayur Uniquoters Buyback Price
The Mayur Uniquoters Buyback price is ₹[650 per equity share ].
Mayur Uniquoters Buyback Overview
Mayur Uniquoters, founded in 1994, is India’s leading producer of synthetic leather. Utilizing the innovative ‘Release Paper Transfer Coating Technology’, the company manufactures an impressive 4.05 million linear meters of artificial leather each month. This remarkable production is made possible through the utilization of 7 state-of-the-art Italian coating lines. Additionally, Mayur Uniquoters has recently inaugurated a polyurethane (PU) coating plant, boasting a current capacity of 6 lacs linear meters per month.
Mayur Uniquoters Buyback IPO Date & Price Band Details
| Buyback Record Date: | 23 February 2022 |
| Buyback Open Date: | 2022 |
| Buyback Close Date: | 2022 |
| Offer Amount: | ₹40.63 Crores |
| Expected Acceptance Ratio: | –% |
| Number of Shares: | 0.6 Shares |
| Face Value: | ₹5 per equity share |
| Buyback Price: | ₹650 per equity share |
| Buyback Type: | Tender offer |
Mayur Uniquoters Financial Report
| ₹ in Crores | Revenue | Expense | PAT |
| 2019 | ₹594.90 | ₹446.75 | ₹87.17 |
| 2020 | ₹535.54 | ₹411.26 | ₹80.64 |
| 2021 | ₹520.39 | ₹383.80 | ₹89.04 |
Mayur Uniquoters Buyback IPO Valuation – FY2023
| Earning Per Share (EPS): | ₹6.18 per Equity Share |
| Price/Earning P/E Ratio: | N/A |
| Return on Net Worth (RoNW): | 19.10% |
| Net Asset Value (NAV): | ₹32.66 per Equity Share |
Company Profile
Mayur Uniquoters was founded in 1994 in Rajasthan. They are one of India’s major manufacturers of fake leather, employing the ‘Release Paper Transfer Coating Technology. They were named one of the ‘Forbes Asia Top 200 under $1 billion firms in the Asia Pacific area in 2012. They began the PU coating plant, which currently has a capacity of 6 lacs linear meters per month. They have a world-class infrastructure of machinery to meet our needs for knitting, processing, heat setting, coating, embossing, printing, lacquering, sueding, tumbling, and laminating. We emphasize quality and innovation; therefore, our
Physical, Chemical, and Product Development Laboratories can evaluate virtually all attributes of synthetic leather for various segments and applications.
Registrar Info
| Name | LINK INTIME INDIA PRIVATE LIMITED |
| Phone number | +91 11 29961281 |
| Email ID | [email protected] |
| Website | www.beetalfinancial.com |
Contact Details
| Name | Mayur Uniquoters Buyback Limited |
| Phone number | 0141-2361132 |
| Email ID | [email protected] |
| Website | https://www.mayuruniquoters.com |
Buyback Strengths
- Experienced promoters and a competent management team.
- Well-established relationships with a loyal customer base.
- Access to markets worldwide, enabling global reach.
Buyback 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.
Mayur Uniquoters Buyback FAQs
Why is Mayur Uniquoters Buyback coming up with buyback?
The Buyback aims to :
i) Return surplus cash to its Shareholders.
ii) Reduce the outstanding number of equity shares and consequently increase earnings per share and book value per share.
iii) Improve key return ratios like return on equity capital.
Is Mayur Uniquoters Buyback good or bad?
The Mayur Uniquoters Buyback offers an opportunity for the shareholders to exit their positions at a premium price. In case you stay invested you would have an increased percentage of shareholding in the company and improved earnings per share. Thus, one should understand the company fundamentals along with one’s need, goals, and risk appetite to decide if one wants to stay invested or participate in the buyback offer.
When is Mayur Uniquoters Buyback Record Date?
Mayur Uniquoters buyback 2022 record date is 23 February 2022.
When is Mayur Uniquoters Buyback Announcement Date?
Mayur Uniquoters buyback 2022 announcement date is 08 February 2022.
What is Mayur Uniquoters Buyback Acceptance Ratio?
Mayur Uniquoters buyback Acceptance ratio will be around -%.
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