Wednesday, October 30, 2019

Indiabulls Real Estate Buyback 2019 Record Date, Buyback Price & Details

Indiabulls Real Estate is one of the leading real estate developers in India. Their gross development value is around ₹32000 crore. Their net worth is around ₹7000 crore in March 2018. They have around 15 ongoing projects with a total area of around 34 million square feet. IBREALEST has been assigned a credit rating of AA- for long term debt, one of the highest in the industry. Indiabulls Real Estate NSE Code is IBREALEST and BSE Code is 532832.


Indiabulls Real Estate Buy Back 2019 Offer Details:


 Buyback Record Date:
  -
 Board Meeting Approval:   11-Oct-2019
 Public Announcement:   11-Oct-2019
 Buyback Offer:   ₹500 Crore
 Buyback Offer Size:   11%
 Number of Shares:
  50000000
 Share Face Value:
  ₹2
 Buyback Price:   ₹100
 Buyback Type:   Tender Offer
Indiabulls Real Estate buyback of 50000000 equity shares which is around 11% of all the existing number of equity shares at a price of ₹100 per equity share. The buyback offers not exceeding ₹500 crores of total buyback offer size.

Indiabulls Real Estate Buyback Eligible Share Holders:

The investors are eligible of the buyback scheme who have Indiabulls Real Estate shares in their Demat account as record date -. Investors can participate in the Indiabulls Real Estate Buyback 2019 scheme as per the opening form by selling your shares. The payment will be given as per the accepted shares by the company under the Indiabulls Real Estate buyback scheme.

Checkout Current Indiabulls Real Estate Shares market price on NSE and BSE: Indiabulls Real Estate Live Quote

Note: If anything you want to know about the buyback offer you can refer the Indiabulls Real Estate buyback offer documents.