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Mainline IPO
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Rossari Biotech Ltd IPO Details 13-07-2020 15-07-2020 ₹ 496.49 Cr ₹ 423-425 33 ₹ 14,025 Available
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TATA Investment Corporation Limited Buy-Back Details

Tata Investment (the Company) invests in a diversified portfolio of quoted and unquoted securities of companies, including Tata Companies, which are engaged in various businesses with a history of strong operating and financial performance. The typical investment approach of the Company will be to seek a combination of value and growth. A company that exhibits growth characteristics, is well managed, has a sound position in its industry, available at fair value according to conservative accounting norms is an ideal investment opportunity for the Company.

The Company believes that its investments provide a sustainable competitive advantage in volatile markets and would contribute to its dividend income as well as any profits that may be realized on sale of such investments. The Company may consider short-term opportunities where it may see prospects for attractive returns, but will primarily focus on a long-term value creation strategy rather than on any near-term impact on its revenues, profits or cash flows. The Company’s primary sources of income consist of dividend income and net profit on sale of investments. The Company also invests in units of mutual funds, bonds and venture capital funds.

TATA Investment Corporation Limited Buy-Back Details
Date of Board Meeting for Buyback Proposal 16-11-2018
Date of Buyback Approval 16-11-2018
Date Public Announcement of Buyback 16-11-2018
Buyback Type Tender Offer
Buyback Record Date 11-01-2019
Buyback Opening Date 04-02-2019
Buyback Closing Date 15-02-2019
Buyback Amount ₹ 450 Cr
Buyback Number of Share 45,00,000
Buyback Price ₹ 1000 Per Share
Face Value ₹ 10
Holding Time 3 Months
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Profit acceptance Ratio
Buy 200 Shares at CMP ₹ 825 [2,00,000/1000 = 200]
Acceptance Ratio 33% 50% 75% 100%
Buy Price ₹ 825 ₹ 825 ₹ 825 ₹ 825
Amount Invested in Buyback ₹ 1,65,000 ₹ 1,65,000 ₹ 1,65,000 ₹ 1,65,000
No. of Shares Buy 200 200 200 200
Earning Per Share ₹ 175 ₹ 175 ₹ 175 ₹ 175
No. of Shares Buy-Back 66 100 150 200
BuyBack Profit ₹ 11550 ₹ 17500 ₹ 26250 ₹ 35000
Profit(%) - % - % - % - %
TATA Investment Corporation Limited Contact Details
TATA Investment Corporation Limited
Elphinstone Building 10
Veer Nariman Road Mumbai 400 001
Phone No. +91 22666 58282
E-mail id. ticl@tata.com
website : www.tatainvestment.com
Registrar of TATA Investment Corporation Limited
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