VLS Finance Limited Buyback 2025
Company Background and Legacy
VLS Finance Limited, established in 1986 and based in New Delhi, is a listed financial services firm. It has gradually shifted from leasing to investment-focused operations with a conservative and research-driven approach.
Core Business Activities
The primary operations of VLS revolve around equity investments, both in listed and unlisted securities, along with stock-broking services delivered through its subsidiary, VLS Securities Ltd. The company also engages in corporate advisory, research, and consulting assignments, leveraging its expertise to support investor decision-making. Its investment philosophy is value-oriented, relying on deep fundamental research rather than aggressive risk-taking or leveraged strategies.
Governance and Management Approach
The company is led by a professional board with experience in finance and corporate governance. Management prioritizes cautious capital allocation supported by strong research, focusing on quality rather than rapid expansion.
Investment Perspective and Risks
For investors, VLS appears attractive due to its strong balance sheet and valuation below book value. However, slower profitability growth and limited scalability pose risks for those seeking aggressive returns.
Buy Back Offer Deal:
| Buyback Type: | Tender Offer |
| Buyback Record Date: | Dec 12 2025 |
| Buyback Offer Amount: | ₹ 99.99 |
| Date of Board Meeting approving the proposal: | Nov 25 2025 |
| Date of Public Announcement: | Nov 25 2025 |
| Buyback Offer Size: | 5.84% |
| Buyback Number of Shares: | 26,31,578 |
| FV: | 10 |
| Buyback Price: | ₹ 380 Per Equity Share |
Details of Buyback:
Salient financial parameters:
| Particulars (in cr) | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
| Sales + | 222 | 232 | 84 | 409 | 101 |
| Expenses + | 14 | 21 | 22 | 26 | 45 |
| Operating Profit | 209 | 212 | 62 | 383 | 56 |
| OPM % | 94% | 91% | 74% | 94% | 55% |
| Other Income + | 0 | 0 | 0 | 9 | 7 |
| Interest | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 1 | 1 | 4 | 6 | 4 |
| Profit before tax | 208 | 210 | 58 | 386 | 58 |
| Tax % | -7% | 0% | 4% | 16% | 21% |
| Net Profit + | 221 | 210 | 56 | 324 | 46 |
| EPS in Rs | 57.25 | 54.37 | 14.48 | 93.21 | 13.58 |
| Dividend Payout % | 3% | 3% | 0% | 3% | 11% |
How to Participate in buyback?
Profit from the buyback on the bases of acceptance Ratio:
| Acceptance Ratio | 33% | 50% | 75% | 100% |
| Amount Invested in Buyback | 159378 | 159378 | 159378 | 159378 |
| No. of Shares Buyback | 100 | 263 | 394 | 526 |
| Buyback Profit | 7700 | 20251 | 30338 | 40502 |
| Profit% | 4.83% | 12.71% | 19.04% | 25.41% |
6 Comments
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Nureca buyback approved by board today @330 .
Only buyer no seller today
I am getting a feeling price may cross or may be near to 330.
Planning to participate in this BB, any inputs . should we wait for sometime till Dec 1 st week
What AR can we expect . Already at 300 plus , no sign of price coming down near 280 or 290. Missed the ranges. Will there be any benefit to join the bb now .
AR Depends upon the Participation by people. If participation is more AR would be less and vice-versa.
I have seen buyback where the size of the buyback was 19% and final acceptance was 42%. Also, there have been buybacks where size was 2.5% and acceptance was 100%.
the Board of Directors of the Company has noted intention of VLS Capital Limited, being one of the member of promoter group that they would participate in the proposed buyback and had shown their intention to tender upto 1,00,000 (One Lakh) Equity shares of the Company in the Buyback