Ladderup Finance Limited Buyback 2024
1. Company Overview: Ladderup Finance Limited is a Non-Banking Financial Company (NBFC) based in India. It is part of the broader Ladderup Group, which has interests in various financial services, including investment banking, wealth management, and corporate finance. Ladderup Finance Limited was established to provide specialized financial solutions catering to the needs of various clients.
2. Products and Services: The company primarily offers a range of financial services, including structured finance, loans against securities, and other secured lending options. It focuses on providing customized financial solutions to businesses and individuals, leveraging its expertise in financial markets.
3. Business Model: Ladderup Finance operates on a diversified business model, combining traditional lending practices with innovative financial solutions. The company emphasizes a client-centric approach, offering tailored financial products to meet the specific needs of its clients. It generates revenue through interest income from its lending activities and fees from its financial services.
4. Geographical Reach: While the company is headquartered in Mumbai, Ladderup Finance Limited serves clients across India. Its operations are supported by a network of branches and partner offices, which enable it to cater to a diverse clientele, including corporates, SMEs, and high-net-worth individuals.
5. Subsidiaries and Group Companies: Ladderup Finance Limited is part of the Ladderup Group, which includes several other financial services entities. These subsidiaries and associated companies operate in areas such as investment banking, wealth management, and advisory services, providing a comprehensive suite of financial solutions to clients.
6. Market Position and Growth: Ladderup Finance has positioned itself as a reliable NBFC with a focus on niche financial products. The company has grown steadily over the years, expanding its client base and product offerings. It continues to explore new opportunities in the financial services sector to drive future growth and maintain its competitive edge.
Buy Back Offer Deal:
| Buyback Type: | Tender Offer |
| Buyback Record Date: | Sep 06 2024 |
| Buyback Opening Date: | Sep 11 2024 |
| Buyback Closing Date: | Sep 18 2024 |
| Buyback Offer Amount: | ₹ 11 Cr. |
| Date of Board Meeting approving the proposal: | Aug 27 2024 |
| Date of Public Announcement: | Aug 27 2024 |
| Buyback Offer Size: | 19.45% |
| Buyback Number of Shares: | 25,00,000 |
| FV: | 10 |
| Buyback Price: | ₹ 44 Per Equity Share |
Details of Buyback:
Salient financial parameters:
| Particular ( In Cr) | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 |
| Sales + | 33.26 | 16.17 | 11.69 | 11.18 | 12.61 |
| Expenses + | 26.66 | 12.8 | 7.7 | 11.39 | 9.19 |
| Operating Profit | 6.6 | 3.37 | 3.99 | -0.21 | 3.42 |
| OPM % | 19.84% | 20.84% | 34.13% | -1.88% | 27.12% |
| Other Income + | 0.61 | 0.15 | 1.41 | 0 | 0.18 |
| Interest | 3.81 | 0.6 | 0.19 | 0.58 | 0.71 |
| Depreciation | 0.52 | 0.43 | 0.22 | 0.55 | 0.74 |
| Profit before tax | 2.88 | 2.49 | 4.99 | -1.34 | 2.15 |
| Tax % | 44.10% | 34.94% | 26.85% | -2.99% | 282.79% |
| Net Profit + | 1.6 | 1.62 | 3.65 | -1.31 | -3.93 |
| EPS in Rs | 0.12 | 0.47 | 1.84 | -1 | -4 |
|
Dividend Payout %
|
0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
How to Participate in buyback?
Profit from the buyback on the bases of acceptance Ratio:
6 Comments
Leave a Reply
You must be logged in to post a comment.
Thank you Trinity ji. I am very sensitive and quality conscious as far as participation in buybacks is concerned.Simply wanted to inform friends about what I noticed. Ofcourse making a quick buck in Penny stocks is something I indulge in,by trading when funds lie idle.Even with Elegant Marbles I made a couple of thousands. Now a days even such opportunity is not available.
This one looks very funny.Added all the 4 years net profit and the total amount is nowhere near the buyback sum. Today’s closing price is more than the Buyback price and it may continue to be there so that outsiders are kept away from participation.
Correct me if i am wrong, But i feel most of the BSE scrips are shady in terms of both corporate actions and prices.
It’s not about NSE/BSE we need to check compony fundamental and parameters that important.
Gopi ji, This one is a dangerous buy even if the price falls. Average trading volume is around 5-6 k shares a day. There is a possibility of getting trapped in unaccepted shares like in Elegant Marbles.
Never had any doubt.All the best to them.Wanted to do some intra day trading for fun and make a few quick bucks like I did with Elegant Marbles.Since your warm warning is so serious, keeping away. Thank you Trinity ji.