Navneet Education Buyback

Navneet Education Buyback Details

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Navneet Education Buyback will open for subscription from 07 June 2021. the company aims or an issue size of ₹50 Crores through this buyback issue.

Navneet Education Limited

NEL is India’s most loved and preferred brand for educational content and a dominant player in the field of publishing. The Company manufactures stationery, general books, and books for children in multiple Indian and foreign languages. It is also engaged in the management of ‘The Orchid International School.’
The Company has its manufacturing units situated at Dantali, Silvassa, Khaniwade, and warehouses at Khaniwade, Silvassa, and at Ghuma Gujarat where finished goods are stored.
Vikas workbooks, Gala practice books, Grafalco pre-primary books, YOUVA full-scapes, TOPClass digital educational solution, and TOPScorer e-learning techniques are the popular products and prominent brands owned by the Company.

Necessity of the Issue

  • Return surplus cash to the shareholders and enhance overall return to the shareholders.
  • Improve Return on Equity and Earnings per share and thereby enhance shareholder value in the long term.

Navneet Education Buyback Details

Issue PeriodJun 7, 2021 – Dec 6, 2021
Security NameNavneet Education Limited
Issue TypeOpen Market Through Stock Exchange
Issue Size (Amount)₹50.00 Crores
Buyback Price₹100 per share
Face Value₹2 per share
Listing AtBSE, NSE

Company Financials

ParticularsFor the year/period ended (Rs. in Millions)
Total Income8,482.2015,344.701,4619.30
Profit After Tax559.101,972.401,528.20
Net Worth9,343.908,784.707,916.00

Stock Market Data (for preceding 3 months)


MonthHigh PriceLow PriceAverage Price


MonthHigh PriceLow PriceAverage Price
MonthHigh PriceLow PriceAverage Price

Navneet Education Buyback Registrar

Link Intime India Private Ltd
C 101, 247 Park, L.B.S.Marg,
Vikhroli (West), Mumbai – 400083

Phone: +91-22-4918 6270

Company Contact Information

Navneet Education Limited
Navneet Bhavan, Bhavani Shankar Road,
Dadar (West), Mumbai – 400 028
Phone: +91 22 6662 6565

Final Thoughts

A buyback occurs when the issuing company pays shareholders the market value per share and re-absorbs that portion of its ownership that was previously distributed among public and private investors. subscribing for a buyback issue is purely a personal choice. make a detailed study before you make a decision on buyback issue subscription.

Happy Investing

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