(i) Delta Corp Limited ('Delta Corp') is the only listed company engaged in the casino (live, electronic and online) gaming industry in India. They, along with its Subsidiaries, currently own and operate casinos in India, in the states of Goa and Sikkim, offering approximately 1,800 gaming positions. In addition, they have also ventured into the fast-growing online gaming space through its acquisition of Gauss Networks Private Limited, which operates the online poker site ‘Adda52.com'.
The early-mover advantage has helped Delta Corp to secure a leadership position, with the Company holding three of the six offshore gaming licenses issued in Goa, one land-based casino in Goa and one in Sikkim; and three online gaming sites.
(ii) Delta corp operates Deltin Royale and Deltin JAQK, amongst the country's two largest offshore casinos, and Deltin Caravela, the only floating hotel with a casino in India. The Company also owns and operates the Deltin Suites, a 106 room, all-suite hotel with a casino located in Goa. They also operate the Casino Deltin Denzong located at the Denzong Regency hotel in Gangtok, Sikkim.
Delta Corp Daman Casino Opening Date 2020
This was mostly due to the fact that Delta Corp Daman Casino Opening Date the gambling sites back-offices weren't that user-friendly, and it was hard to configure triggers for various types of bonuses. Today the technology Delta Corp Daman Casino Opening Date has advanced a lot and casino bonus codes have almost become obsolete. Dhole Patil Road, Pune - 411 001, Maharashtra 2013-Delta Corp Ltd & its wholly-owned subsidiary, Victor Hotels & Motels Ltd. Has received the necessary approvals for commencing its offshore gaming operations on board its casino vessel. 2014 - Delta Corp Ltd's Luxury resort 'The Deltin' at daman receives 5 star accreditation. To the Members of. Delta Corp Limited. Report on the Audit of the Standalone Financial Statements Opinion. We have audited the accompanying standalone financial statements of DeltaCorp Limited (‘the Company') which comprise the Balance Sheet as at 31 st March 2020 the Statement of Profit and Loss (including Other Comprehensive Income) theCash Flow Statement and the Statement of Changes. Delta Corp rose 1.87% to Rs 106.15 at 12:11 IST on BSE after the company said it launched a casino resort in Daman. The company made the announcement during trading hours today, 6 March 2014. Meanwhile, the BSE Sensex was up 98.93 points, or 0.46%, to 21,375.79.
They also own and operates The Deltin, a 176 room five-star hotel in Daman, which is an integrated resort with a proposed casino. They also own and operate the online poker site ‘Adda52.com', the online rummy site ‘Adda52rummy.com' and the online fantasy sports site ‘LeagueAdda.com'.
| Buyback Type: | Open Market |
| Buyback Opening Date: | Apr 08 2020 |
| Buyback Closing Date: | Oct 07 2020 |
| Buyback Offer Amount: | ₹ 125 Cr |
| Date of Board Meeting approving the proposal: | Mar 28 2020 |
| Date of Public Announcement: | Mar 28 2020 |
| Buyback Offer Size: | 4.61% |
| Price Type: | Open Market |
| FV: | 1 |
| Buyback Price: | ₹ 100 Per Equity Share |
(i) Delta Corp Limited ('Delta Corp') is the only listed company engaged in the casino (live, electronic and online) gaming industry in India. They, along with its Subsidiaries, currently own and operate casinos in India, in the states of Goa and Sikkim, offering approximately 1,800 gaming positions. In addition, they have also ventured into the fast-growing online gaming space through its acquisition of Gauss Networks Private Limited, which operates the online poker site ‘Adda52.com'.
The early-mover advantage has helped Delta Corp to secure a leadership position, with the Company holding three of the six offshore gaming licenses issued in Goa, one land-based casino in Goa and one in Sikkim; and three online gaming sites.
(ii) Delta corp operates Deltin Royale and Deltin JAQK, amongst the country's two largest offshore casinos, and Deltin Caravela, the only floating hotel with a casino in India. The Company also owns and operates the Deltin Suites, a 106 room, all-suite hotel with a casino located in Goa. They also operate the Casino Deltin Denzong located at the Denzong Regency hotel in Gangtok, Sikkim.
Delta Corp Daman Casino Opening Date 2020
This was mostly due to the fact that Delta Corp Daman Casino Opening Date the gambling sites back-offices weren't that user-friendly, and it was hard to configure triggers for various types of bonuses. Today the technology Delta Corp Daman Casino Opening Date has advanced a lot and casino bonus codes have almost become obsolete. Dhole Patil Road, Pune - 411 001, Maharashtra 2013-Delta Corp Ltd & its wholly-owned subsidiary, Victor Hotels & Motels Ltd. Has received the necessary approvals for commencing its offshore gaming operations on board its casino vessel. 2014 - Delta Corp Ltd's Luxury resort 'The Deltin' at daman receives 5 star accreditation. To the Members of. Delta Corp Limited. Report on the Audit of the Standalone Financial Statements Opinion. We have audited the accompanying standalone financial statements of DeltaCorp Limited (‘the Company') which comprise the Balance Sheet as at 31 st March 2020 the Statement of Profit and Loss (including Other Comprehensive Income) theCash Flow Statement and the Statement of Changes. Delta Corp rose 1.87% to Rs 106.15 at 12:11 IST on BSE after the company said it launched a casino resort in Daman. The company made the announcement during trading hours today, 6 March 2014. Meanwhile, the BSE Sensex was up 98.93 points, or 0.46%, to 21,375.79.
They also own and operates The Deltin, a 176 room five-star hotel in Daman, which is an integrated resort with a proposed casino. They also own and operate the online poker site ‘Adda52.com', the online rummy site ‘Adda52rummy.com' and the online fantasy sports site ‘LeagueAdda.com'.
| Buyback Type: | Open Market |
| Buyback Opening Date: | Apr 08 2020 |
| Buyback Closing Date: | Oct 07 2020 |
| Buyback Offer Amount: | ₹ 125 Cr |
| Date of Board Meeting approving the proposal: | Mar 28 2020 |
| Date of Public Announcement: | Mar 28 2020 |
| Buyback Offer Size: | 4.61% |
| Price Type: | Open Market |
| FV: | 1 |
| Buyback Price: | ₹ 100 Per Equity Share |
Details of Buyback:
Delta Corp Daman Casino Opening Date 2019
Salient financial parameters:
| Particulars( in Cr) | Mar-08 | Mar-09 | Mar-10 | Mar-11 | Mar-12 | Mar-13 | Mar-14 | Mar-15 | Mar-16 | Mar-17 | Mar-18 | Mar-19 |
| Sales + | 103 | 101 | 132 | 376 | 365 | 425 | 559 | 300 | 375 | 455 | 608 | 798 |
| Expenses + | 57 | 60 | 86 | 188 | 264 | 335 | 434 | 237 | 255 | 294 | 361 | 483 |
| Operating Profit | 46 | 41 | 46 | 188 | 101 | 90 | 125 | 63 | 121 | 161 | 246 | 314 |
| OPM % | 45% | 41% | 35% | 50% | 28% | 21% | 22% | 21% | 32% | 35% | 41% | 39% |
| Other Income | 5 | 8 | 11 | 6 | 13 | 18 | 42 | 6 | 12 | 9 | 30 | 36 |
| Interest | 15 | 31 | 31 | 16 | 11 | 15 | 33 | 51 | 41 | 35 | 10 | 2 |
| Depreciation | 2 | 3 | 6 | 6 | 6 | 8 | 17 | 35 | 36 | 36 | 37 | 38 |
| Profit before tax | 33 | 15 | 21 | 172 | 96 | 85 | 117 | -17 | 56 | 99 | 228 | 311 |
| Tax % | 40% | 37% | 39% | 4% | 30% | 40% | 44% | -64% | 36% | 28% | 32% | 37% |
| Net Profit | 16 | 7 | 12 | 166 | 50 | 29 | 35 | -23 | 38 | 74 | 156 | 197 |
| EPS in Rs | 1.06 | 0.36 | 0.59 | 8.11 | 2.11 | 1.22 | 1.51 | 0 | 1.66 | 3.18 | 5.81 | 7.26 |
How to Participate in buyback?
Profit from the buyback on the bases of acceptance Ratio:
Delta Corp Daman Casino Opening Date Today
Recommendation:
