Tips Industries Buyback 2024

Tips Industries Limited Buyback

Tips Industries Buyback 2024
Tender Offer

₹625.00

Buyback price per share

19 Apr, 2024

Last Date to buy shares

22 Apr, 2024

Record Date

22 Apr, 2024

Offer Opens

30 Apr, 2024

Offer Closes
About Tips Industries Limited Buyback Company

Tips Industries Limited was founded in 1975 and is one of India's largest entertainment companies engaged in the production, promotion and distribution of music and films.

Initially, the company dealt in gramophone records, recorded audio cassettes, blank audio cassettes and replicated CDs. The company owns more than 3500 titles and copyrights of numerous Hindi films, of which at least 10 are among the 10 million sellers, more than 15 have sales of more than 5 million and another 20 have sales of around one million. Tips also owns the soundtrack copyrights to at least 50 Hindi films.

Tips Industries has its own manufacturing facility and distribution system. These factories have digital mastering facilities, operate on a just-in-time inventory management system and utilise in-house logistics facilities to supply more than 1,50,000 cassettes per day to the Indian market. The company also has a global presence with offices in the USA, Dubai and the UK.

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Tips Industries Limited Buyback Details
  • Security Name Tips Industries Limited
  • Buyback Price ₹625.00
  • Face Value ₹1
  • Listing at Group BSE,NSE
  • Lead Manager Vivro Financial Services Private Limited
  • Issue Size 595,000 (0.46 % of Total number of eq
    uity Shares)
  • Buyback Docs Letter Of Offer
Tips Industries Limited Buyback Ratio
Categoryy Entitlement Ratio of Buyback Shares Offered
Reserved Category for Small Shareholders /
General Category for all other Eligible Shareholders /
Tips Industries Limited Buyback Company Financials
All values are in ₹ Cr.
31-Mar-23 31-Mar-22 31-Mar-21
Total Borrowing -- -- --
Net Worth -- -- --
Total Assets 192.70 146.78 150.10
Total Revenue 192.14 138.80 95.42
Profit After Tax 76.52 64.56 43.46
Reserves And Surplus -- -- --
How to Participate in Tips Industries Limited Buyback?
Hold shares on Record Date
Firstly, to be eligible for the buyback the investor should have shares of Tips Industries Limited Buyback in Demat or physical form as on the record date Apr 22, 2024.
Tender via Broker or Exchange
Once you have shares in Demat, you can participate in the buyback process which is opening from Apr 22, 2024 by tendering your shares through your broker on BSE,NSE.
Receive Payment & Reversal
Then on TBA, the payment will be given to you for accepted shares and unaccepted shares will be returned to your Demat account.
Contact Details

Tips Industries Limited Buyback

601, Durga Chambers,6th Floor, Linking Road, Khar (West), Mumbai - 400 052

+91 22 6643 1188

response@tips.in

https://tips.in/

Registrar Contact Details

Bigshare Services Pvt Ltd

buybackoffer@bigshareonline.com

+91-22-6263 8200

https://ipo.bigshareonline.com/ipo_status.html