Sasken Limited
CLOSED 🏷️ TENDER OFFERShare Buyback · Listed Equity · IPO Guide · Scrip: SASKEN
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Buyback Summary:
Company is offering to buy back equity shares at ₹850.00 per share.
(Record Date: 05 Jul 2019)
Buyback Price
₹850
Total Shares
1,998,678
Record Date
05 Jul 2019
Buyback Dates
11 Oct – 25 Nov 2019
Expert Rating
The financials of the company looks static in all these years, RoNW is 13.40% and at CMP its looks fully priced. Price difference is around 12.50% and acceptance ratio as per current share holding for retail will be around 10%, but it may be possible that this ratio may go down as more people will buy for buyback and so we may expect the final acceptance ratio may be around 25% and profit may be 3%. 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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