Prime Securities Limited Buyback 2025
Prime Securities Limited is a leading investment banking and corporate advisory services firm based in India. With a legacy spanning several decades, the company has established itself as a trusted partner for businesses and investors seeking innovative financial solutions. Prime Securities operates across diverse financial segments, offering tailored services to its clients, including corporations, institutional investors, and high-net-worth individuals (HNIs).
Core Services
- Investment Banking
- Prime Securities specializes in raising equity and debt capital for its clients.
- It provides strategic advice on mergers, acquisitions, and other corporate restructuring activities.
- The firm also assists in Initial Public Offerings (IPOs) and Private Equity placements.
- Corporate Advisory
- The company offers expert advisory services for financial structuring, valuations, and corporate strategy.
- It has a strong focus on delivering client-specific solutions for complex financial challenges.
- Wealth Management
- Prime Securities provides personalized wealth management services, catering to the unique financial needs of HNIs and family offices.
- The firm aims to create long-term value through prudent investment strategies.
Key Strengths
- Innovative Approach: Known for its innovative and customized solutions tailored to client needs.
- Deep Expertise: A team of experienced professionals with a deep understanding of the financial markets.
- Strong Network: Extensive relationships with institutional investors, corporates, and regulatory bodies.
- Client-Centric: Commitment to delivering value-driven outcomes for clients.
Buy Back Offer Deal:
| Buyback Type: | Tender Offer |
| Buyback Offer Amount: | ₹ 18.30 Cr |
| Date of Board Meeting approving the proposal: | Jan 27 2025 |
| Date of Public Announcement: | Jan 27 2025 |
| Buyback Offer Size: | 1.79% |
| Buyback Number of Shares: | 6,00,000 |
| FV: | 5 |
| Buyback Price: | ₹ 305 Per Equity Share |
Details of Buyback:
The proposal to buyback not exceeding 6,00,000 (Six Lakh) equity shares of the Company (representing 1.79% of the total number of equity shares in the paid up share capital of the Company) at a price of Rs. 305/- (Rupees Three Hundred Five only) per equity share payable in cash for an aggregate consideration not exceeding Rs. 18,30,00,000 (Rupees Eighteen Crore Thirty Lakh Only).
Salient financial parameters:
| Particulars (in cr) | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 |
| Sales + | 74 | 44 | 46 | 47 | 67 |
| Expenses + | 62 | 33 | 26 | 32 | 42 |
| Operating Profit | 12 | 11 | 20 | 15 | 24 |
| OPM % | 16% | 24% | 44% | 32% | 37% |
| Other Income + | 0 | 2 | 3 | 2 | 0 |
| Interest | 0 | 0 | 0 | 1 | 0 |
| Depreciation | 1 | 1 | 1 | 1 | 1 |
| Profit before tax | 11 | 11 | 21 | 15 | 23 |
| Tax % | 27% | 23% | 21% | 26% | 21% |
| Net Profit + | 8 | 8 | 17 | 11 | 19 |
| EPS in Rs | 2.98 | 3.1 | 5.45 | 3.46 | 5.58 |
| Dividend Payout % | 0% | 145% | 41% | 14% | 18% |
How to Participate in buyback?
1. Firstly, to be eligible for the buyback the investor should have shares of Prime Securities Ltd in Demat or physical form as on the record date [To be Updated].
2. Once you have shares in Demat, you can participate in the buyback process which is opening from [To be updated] by selling your shares through your broker on NSE or BSE
3. Then on [To be Updated], the payment will be given to you for accepted shares and unaccepted shares will be returned to your Demat account.
Profit from the buyback on the bases of acceptance Ratio:
Buy 656 Shares at CPM of Rs. 241 (2,00,000/305)
| Acceptance Ratio | 33% | 50% | 75% | 100% |
| Amount Invested in Buyback | 158096 | 158096 | 158096 | 158096 |
| No. of Shares Buyback | 216 | 328 | 492 | 656 |
| Buyback Profit | 13824 | 20992 | 31488 | 41984 |
| Profit% | 8.74% | 13.28% | 19.92% | 26.56% |
14 Comments
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Nava, Buyback @2.5% @Rs 500/- and promoter not participating. So minimum acceptance for large holder 5% and for retail 10-20%.
Appear to be good arbitration…
Disclosure: I have very large holding of 15k shares of Nava
Simply Excellent💯, Sumit ji
Hi Sumit ji, as a newbie in the market may I ask what you saw years ago in this stock which made you beleive it will be a multibgr and buy such quantity .
Nava coming up with Buyback.
Sumit jaan, good to know that you are still around to post positive comments. Excited. Excellent time to accumulate quality stocks for long term.
Yes Gopi ji, was much involved in Secondary market, earned and lost around 50L … Now very heavily invested at same lvel… Lets see..
One unwanted advantage of the fall was that able to square off Short term capital gain and all Taxes… So now No tax ………….. :-))
Great to hear from you, dear. Position is almost same with me as well. Have a realised STCG of about 6 lac and unrealised loss of near about the same amount. Waiting for March end to square off. Still hopeful of some recovery in a month.
Suggest to sell and book loss and hence avoid tax and buy again with some small profit or loss. I have done same and harvested all loss. If market increases then the opportunity would be missed.
Certainly, sure, why not! Wonderful time to get quality stocks at rock bottom/52 week lows. I I love challenges and testing times
With the Budget proposal of no income tax for normal income upto ₹ 12 lac and dividend being taxed at slab rate I expect more corporates to come up with buyback and enjoy the resultant appreciation in their share holding values.
Are you applying…. your guess about AR … and 10 % is going to be deduct … that’s matter too
I may participate if it is completing the process during next financial year and also if the overall market conditions improve.
We are back in business people, After no success in IPO’s Gentleman, panel is open for discussion