Apply Now Offer Price Rs.899 only. Use Coupon Code= intern899 Training Program Detail: Course Fee Rs.999 Course Duration 1 Month= 20 classes Timings Monday to Friday Training Modes Online & Classroom Training Program Description This externship is intelligently devoted to our passionate actors generally admitting and appreciating the very fact that they are on the trail of creating a career in the Data Science discipline. This Training is meant to make sure that also to gaining the needful theoretical knowledge, the compendiums gain sufficient hands- on practice of the word Data Science profession. relatively a training institute, the Training program is the right approach to prompt employment in Data Science. India is growing digitally every day. The demand for Data Science is growing big a day. The benefits of a knowledge Data Science Basic Training Program are in numerous, beginning with the chance to figure with professionals within the field, up to p...
Gandhi Group is producing auto parts since 1959. The items are advertised all over India and are likewise traded everywhere in the world including Germany, UK, South East Asian nations, and so forth Gandhi Special Tubes Ltd. some time ago known as GANDHI SPECIAL 07 TUBES LTD. was a venture set up by Gandhi Group. The task was for assembling little measurement welded and cold drawn consistent steel tubes. All the basic hardware was imported from Germany. The plant arranged at Gujarat, begun business creation in April 1988. Various products of the company are (i) Cold Drawn Bright Annealed Seamless Tubes (ii) Precision Electric Resistance Welded Tubes (iii) Cold-Formed Coupling Nuts (iv) High Pressure Diesel Fuel Injection Tubes Buy Back Offer Deal: Buyback Type: Tender Offer Buyback Record Date: Aug 31 2021 Buyback Offer Amount: ₹ 42.20 Cr Date of Board Meeting approving the proposal: Jun 22 2021 Buyback Offer Size: 5.96% Buyback Number of Shares: 7,66,616 Price Type: Tender Offer FV: 5 Buyback Price: ₹ 550 Per Equity Share Details of Buyback: The Board of Directors of the Company at its meeting held today, June 22, 2021, has approved a proposal to buy back up to 7,66,616 Equity Shares of the Company, being 24.96% of the total paid-up equity share capital of the Company, for an aggregate amount not exceeding Rs. 42.2 Cr, at a price of Rs. 550 per Equity Share through " Tender Route". Salient financial parameters: Particulars (in Cr) Mar-16 Mar-17 Mar-18 Mar-19 Mar-20 Mar-21 Sales 91 98 114 123 81 114 Expenses 64 65 73 77 57 69 Operating Profit 27 33 41 46 24 45 OPM % 30% 34% 36% 37% 30% 39% Other Income 3 10 8 8 6 6 Interest 0 0 0 0 0 0 Depreciation 5 4 4 4 4 3 Profit before tax 25 38 45 50 26 48 Tax % 26% 19% 26% 22% 18% 24% Net Profit 19 31 34 39 21 36 EPS in Rs 12.62 20.96 24.29 27.96 16.54 27.98 Dividend Payout % 59% 43% 37% 32% 54% 32% How to Participate in buyback? 1. Firstly to be eligible for the buyback the investor should have shares of Gandhi Special Tubes Limited Buyback 2021 in demat or physical form as on record date [31.08.2021] 2. Once you have shares in demat, you can participate in the buyback process which is opening from [Not Announced] by selling your shares through your broker on NSE or BSE. 3. Then on [Not Announced], 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 363 Shares at CMP of Rs. 420 (2,00,000/550=363) Acceptance Ratio 33% 50% 75% 100% Amount Invested in Buyback 1,52,460 1,52,460 1,52,460 1,52,460 No. of Shares buyback 120 182 272 363 BuyBack Profit 15,573 23,595 35,393 47,190 Profit 10.21% 15.48% 23.21% 30.95% Recommendation: Review and Recommendation of Gandhi Special Tubes Limited Buyback 2021 by IZ team is: 3/10 Fair: 1-5 Good:5-7 Excellent: 7-10 [Expected ER = 8%] 2
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