Tips Industries Limited, established in 1975, is one of India's leading entertainment companies involved in music and film production, promotion, and distribution.
The company initially focused on gramophone records and audio cassettes but now owns over 3,500 titles and numerous Hindi film copyrights.
Tips Industries has a digital mastering facility and an efficient in-house logistics system, supplying over 150,000 cassettes daily to the Indian market. Additionally, the company has a global presence with offices in the USA, Dubai, and the UK.
Corporate Action | |
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Security Name | Tips Industries Limited |
Buyback Date | April 26, 2024 - May 3, 2024 |
Issue Type | Tender Offer |
Issue Size (Shares) | 595,000 (0.46% of Total number of equity Shares) |
Issue Size (Amount) | ₹37.19 Crores |
Buyback Price | ₹625 per share |
Record Date | April 22, 2024 |
CMP | ₹460 |
Acceptance Ratio | 11.92% Please note that acceptance ratio is dynamic in nature & could change on record date kindly refer PDF Buy Back Note of Choice Broking |
Retail Category Participation Criteria | *Retail shareholders holding less than Rs 2 Lac Value shares as on "Record Date |
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