Established in 1991, Control Print (India) Limited is a key player in the manufacturing sector, specializing in the production of cutting-edge coding and marking equipment.
The core focus of Control Print (India) lies in the development and manufacturing of advanced coding and marking equipment. Additionally, the company plays a pivotal role in supplying essential coding and marking-related consumables, including fluid ink and ink ribbons, which are integral components in the coding process. Impressively, the company boasts a successful track record with over 70,000 installations across various industries.
Control Print (India) operates through two state-of-the-art production facilities situated in Nalagarh, Himachal Pradesh, and Guwahati, Assam, India. The Nalagarh facility, spanning an expansive 30,000 square feet, was established in 2008, while the Guwahati facility, covering an impressive 65,000 square feet, commenced operations in 2015. With a dedicated workforce of over 500 individuals, including a specialized team of more than 300 factory-trained engineers, the company ensures the highest level of service and technical expertise.
Diversifying its offerings, Control Print (India) made strategic moves to adapt to the changing market landscape. In April 2020, the company launched ‘The Mask Lab,’ introducing internationally acclaimed surgical face masks and N95/FFP2/IS 9473 quality masks. In a significant development, Control Print acquired a majority stake of 75% in Markprint BV, a Netherlands-based entity, in July 2022. This strategic partnership not only enhanced the company’s technical capabilities but also facilitated its entry into the European market.
Addressing contemporary challenges, Control Print (India) is at the forefront of Track-and-Trace Solutions, aimed at countering counterfeiting and enhancing transparency within supply chains. The company has also entered into a collaborative venture with V-Shapes S.r.l., a renowned supplier of sustainable single-dose sachets and packaging machinery. This collaborative effort leverages Control Print’s profound expertise in coding and marking technology, further solidifying its reputation as an industry leader.
Control Print Ltd. Stock Quote #
- Open: ₹712.50
- High – Low: ₹714.90 – ₹703.50
- Previous Close: ₹708.35
- Total Traded Value: 37,453
- 52 Weeks High: ₹729.00 (Aug 04, 2023)
- 52 Weeks Low: ₹375.00 (Dec 22, 2022)
- Updated On: Aug 10, 2023 4:00 PM
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Control Print (India) Buyback 2023 Detail #
Issue Period Security Name Control Print (India) Limited Issue Type Tender Offer Issue Size (Shares) 337,500.00 Issue Size (Amount) ₹27.00 Crores Buyback Price ₹800 per share Face Value ₹10 per share Listing At BSE, NSE Control Print (India) Buyback 2023 Issue Timetable #
Last Date to buy shares Aug 17, 2023 Record Date Aug 18, 2023 Offer Opens On Last Date for receipt of Tender Forms Offer Closes On * Finalisation of Buyback Acceptance Last Date for settlment of bids Last Date for Extinguishment of Shares Buyback Ratio #
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Company Financials #
Control Print (India) Buyback 2023 Financial Information (Restated Consolidated) Period Ended 31 Mar 2019 31 Mar 2020 31 Mar 2021 31 Mar 2022 31 Mar 2023 Assets 251.12 256.36 290.07 323.65 374.03 Revenue 175.43 196.06 204.21 258.49 308.15 Profit After Tax 29.75 26.34 29.05 40.10 52.85 Net Worth Reserves and Surplus Total Borrowing Necessity of the Issue #
The Buy Back is being proposed by the Company to fulfill the following objectives:
- The Buyback will help the company to improve financial ratios like EPS and ROE, by reducing the equity base of the company, and thereby enhancing the overall return to shareholders.
- The Buyback gives an option to the shareholders holding Equity Shares of the company, either to sell their Equity Shares and receive cash or not to sell their Equity Shares and get a resultant increase in their percentage shareholding, post the Buyback offer, without additional investment.
- The Buyback, which is being implemented through the tender offer as prescribed under the Buyback Regulations, would involve a minimum reservation of 15% for Small Shareholders and allocation of a higher number of shares as per their entitlement or 15% of the number of shares to be bought back, reserved for the Small Shareholders. The company believes that this reservation for Small Shareholders would benefit a large number of public shareholders, who would get classified as Small Shareholders.
Control Print (India) Buyback 2023 Documents #
Company Contact Information #
Control Print (India) Limited
C-106, Hind Saurashtra Industrial Estate,
Andheri-Kurla Road,
Marol Naka, Andheri (East), Mumbai 400059Phone: +91 22 28599065
Email: ho@controlprint.com
Website: https://controlprint.com/Control Print (India) Buyback 2023 Registrar #
- Bigshare Services Pvt Ltd
1st Floor, Bharat Tin Works Building,
Opp. Vasant Oasis,Makwana Road,
Marol, Andheri(E), Mumbai – 400 059Phone: +91-22-6263 8200
Email: buybackoffer@bigshareonline.co.in
Website: https://ipo.bigshareonline.com/ipo_status.html
Control Print (India) Buyback 2023 Manager #
Lead Manager(s)
- Keynote Financial Services Ltd
Registered Broker
- Keynote Financial Services Limited
Email: alpesh@keynoteindia.net
