Mayur Uniquoter Buyback 2022
i. Mayur Uniquoter is the largest manufacturer of artificial leather, using the ‘Release Paper Transfer Coating Technology’ in India. They have come a long way in the past two decades from a meager production of 0.25 million linear meters per month, to an astonishing 4.05 million linear meters per month, through 7 state of the art Italian coating lines. Mayur Uniquoter have now started its PU coating plant with a current capacity of 6 lacs linear meter per month.
ii. Companies’ world-class infrastructure consists of a full range of machinery to fulfill their knitting, processing, heat setting, coating, embossing, printing, lacquering, sueding, tumbling and laminating needs. They value quality and innovation , thus, their Physical, Chemical and Product Development Laboratories are capable of testing predominantly all properties of artificial leather for different segments and applications.
iii. Mayur Uniquoter have been certified with ISO 9001:2015 (Quality Management System) which is demonstrative of their commitment towards designing and manufacturing of artificial leather through effective implementation of systems and continual improvement in all their processes.
Buy Back Offer Deal:
|Buyback Type:||Tender Offer|
|Buyback Offer Amount:||₹ 42.62 Cr|
|Buyback Number of Shares:||6,25,000|
|Price Type:||Tender Offer|
|Buyback Price:||₹ 650 Per Equity Share|
Details of Buyback:
Salient financial parameters:
|Profit before tax||93||122||121||140||130||106||118|
|EPS in Rs||15.22||17.83||17.93||20.76||19.23||17.79||19.97|
|Dividend Payout %||20%||20%||6%||7%||17%||22%||10%|
How to Participate in buyback?
Profit from the buyback on the bases of acceptance Ratio:
|Amount Invested in Buyback||1,46,746||1,46,746||1,46,746||1,46,746|
|No. of Shares buyback||101||153||230||307|