INDUSTRIAL & PRUDENTIAL INVESTMENTS CO LTD
CLOSED 🏷️ TENDER OFFERShare Buyback · Listed Equity · IPO Guide · Scrip: INDPRUD
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Buyback Summary:
Company is offering to buy back equity shares at ₹1,200.00 per share.
(Record Date: 01 Jan 2021)
Buyback Price
₹1,200
Total Shares
69,500
Record Date
01 Jan 2021
Buyback Dates
04 Feb – 17 Feb 2021
Expert Rating
The company is a holding company and at CMP its looks fully priced. Price difference is around 13% and acceptance ration as per current share holding for retail will be around 2%, so we may expect the final acceptance ratio may be around 10% and profit may be 2%. So we give rating to this buyback.
Disclaimer
No financial information whatsoever published herein, should be construed as an offer to buy or sell securities, or as information to make investment decisions, or as an official confirmation of any transaction. All matter published herein is purely for educational and informational purposes only and under no circumstances should be used for making investment decisions. Readers must consult a qualified financial advisor prior to making any actual investment decisions.
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