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 Matrimony.com Limited 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% |
2 Comments
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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.
We are back in business people, After no success in IPO’s Gentleman, panel is open for discussion