Gujarat Apollo Buyback 2021
Welcome to India’s well respected manufacturer of high quality crushing and screening equipment. Gujarat Apollo Industries Ltd. hails from Mehsana district of Gujarat and is the flagship company of Apollo group of Industries. Established around 50 years ago, Apollo group has catered the Earthmoving industry in India and abroad with its high quality products and world class after sales services.
With the equipment technology being refined through years of experience, as a part of continuous improvement of product and processes, Gujarat Apollo continues to provide state of the art and technically savvy crushing and screening solutions serving industries like quarries, mining, construction and recycling.
The company is backed by a strong team of after sales service engineers offering the best level of comfort to the customers on product life support. With the widest range of equipment offered Integrated Static and Mobile Crushing & Screening solutions and other Allied Equipment along with main business verticals for over four decades unlocking value proposition with ethics and integrity.
Buy Back Offer Deal:
|Buyback Type:||Tender Offer|
|Buyback Record Date:||Feb 26 2021|
|Buyback Offer Amount:||₹ 20 Crores|
|Date of Board Meeting approving the proposal:||Feb 13 2021|
|Date of Public Announcement:||Feb 13 2021|
|Buyback Offer Size:||6.81%|
|Buyback Number of Shares:||8,61,915|
|Price Type:||Tender Offer|
|Buyback Price:||₹ 222 Per Equity Share|
Details of Buyback:
Salient financial parameters:
|Particulars (in cr)||Mar-16||Mar-17||Mar-18||Mar-19||Mar-20|
|Profit before tax||3||14||31||8||16|
|EPS in Rs||13.98||22.91||24.87||15.12||20.61|