Gandhi Special Tubes Buyback 2021 Record Date, Buyback Price & Details

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Gandhi Special Tubes Limited (NSE: GANDHITUBE, BSE: 513108) buyback 2021 announced on 22 June 2021. The buyback record date is fixed to 31 August 2021. Gandhi Special Tubes is one of the oldest auto parts manufacture since 1959. The supply their product in India as well as to International market like Germany, UK, South East Asian nations and more. The company’s product range includes Cold Drawn Bright Annealed Seamless Tubes, Precision Electric Resistance Welded Tubes, Cold Formed Coupling Nuts, High Pressure Diesel Fuel Injection Tubes.

Price Trend on BSE & NSE (Last 1 Year as on 17 September 2021):

Details NSE
 BSE
Latest Price₹451.90₹460.00
52 Week High₹558.85₹557.85
52 Week Low₹195.00₹193.45
Gandhi Special Tubes

Gandhi Special Tubes Buyback 2021 Offer Details:

 Buyback Record Date:
 31 August 2021
 Board Meeting Approval: 22 June 2021
 Public Announcement: 22 June 2021
 Buyback Open Date: 21 September 2021
 Buyback Close Date: 04 October 2022
 Buyback Offer: ₹42.20 Crores
 Buyback Offer Size: 5.96%
 Number of Shares:
 7,66,616 Shares
 Share Face Value:
 ₹5 per equity share
 Buyback Price: ₹550 per equity share
 Buyback Type: Tender Offer
Gandhi Special Tubes buyback of 7,66,616 equity shares that is around 5.96% of all the existing number of equity shares at a price of ₹550 per equity share. The buyback offer not exceeding of ₹42.20 crores of total buyback offer size.

Gandhi Special Tubes Financial Report:

  ₹ in Crores
RevenueExpensePAT
2018₹114₹73₹41
2019₹123₹77₹46
2020₹81₹57₹24
2021
₹114₹69₹45

Gandhi Special Tubes Buyback Eligible Share Holders:

The investors are eligible of the buyback scheme who have Gandhi Special Tubes shares in their Demat account as record date that is 31 August 2021. Investors can participate in the Gandhi Special Tubes Buyback 2021 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 Gandhi Special Tubes buyback scheme.
Checkout Current Gandhi Special Tubes Shares market price on NSE and BSE: Gandhi Special Tubes Share Price Today
 

Gandhi Special Tubes Buyback Registrar

KFintech Private Limited
KFintech, Tower-B, Plot No 31 & 32,
Financial District, Nanakramguda, Gachibowli,
Hyderabad, Telangana India – 500 032.
Phone: 04067162222, 04079611000
Email: [email protected]
Website: https://karisma.kfintech.com/
 

Gandhi Special Tubes Buyback Lead Managers

  • Prime Securities Limited

Gandhi Special Tubes Company Address

Gandhi Special Tubes Limited
201-204, 2nd Floor,
Plaza, 55, Hughes Road, Next to Dharam Palace,
Mumbai 400007, Maharashtra,
Phone: +91-22-2363 4179
Email: [email protected]
Website: https://www.gandhispecialtubes.com/

Gandhi Special Tubes Buyback 2021 FAQs:

When is Gandhi Special Tubes Buyback Record Date?

Gandhi Special Tubes buyback 2021 record date is 31 August 2021.

When is Gandhi Special Tubes Buyback announcement Date?

NTPC buyback 2021 announcement date is 22 June 2021.

What is Gandhi Special Tubes Buyback Price?

The company has fixed the price at ₹550 per share.

How to apply for Gandhi Special Tubes Buyback 2021?

As per the record date you need to have Gandhi Special Tubes shares in your Demat account. You can participate in buyback after having the stock in your account.

Note: If anything you want to know about the buyback offer you can refer the Gandhi Special Tubes buyback offer documents.

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