Indiabulls Ventures Buyback 2019 Record Date, Buyback Price & Details

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Indiabulls Ventures is a leading stockbroker firm in India. They provide unlimited subscription-based trading plans with zero brokerage and interest. The company registered as a Stock Broker, a Depository Participant, a Research Analyst and a Merchant Banker in Category I with SEBI. Indiabulls Ventures NSE Code is IBVENTURES and BSE Code is 532960. The Indiabulls group had combined revenues of over Rs. 22,114.9 Cr. and PAT of over Rs. 6,072.2 Cr. as on the 31st of March 2018.

Indiabulls Ventures Buy Back 2019 Offer Details:

 Buyback Record Date:
  –
 Board Meeting Approval:  11-Oct-2019
 Public Announcement:  11-Oct-2019
 Buyback Offer:  ₹1000 Crore
 Buyback Offer Size:  12.61%
 Number of Shares:
  6,66,66,666
 Share Face Value:
  ₹2
 Buyback Price:  ₹150
 Buyback Type:  Tender Offer

Indiabulls Ventures buyback of 6,66,66,666 equity shares which is around 12.61% of all the existing number of equity shares at a price of ₹150 per equity share. The buyback offers not exceeding ₹1000 crores of total buyback offer size.

Indiabulls Ventures Buyback Eligible Share Holders:

The investors are eligible of the buyback scheme who have Indiabulls Ventures shares in their Demat account as record date –. Investors can participate in the Indiabulls Ventures 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 Ventures buyback scheme.

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

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

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