FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
Incorporated in 1907, Alembic Ltd((BSE: 506235 | NSE: ALEMBICLTD) is engaged in manufacturing and marketing of fermentation and chemistry based Active Pharmaceuticals Ingredients (API),Research and Development activity related to Pharmaceuticals, Construction of residential & commercial real estate, Power generation(Co-generation and wind power).The Company started its first manufacturing unit in 1907 as Tinctures and Alcohol at Vadodara.
Jan 18,2017 - Alembic Ltd(BSE: 506235 | NSE: ALEMBICLTD)Board is going to consider a share buyback in board meeting which is planned on Jan 23,2018.
Jan 23,2018 - Alembic Ltd Board has approved a proposal for buyback of up to 1.02 Cr shares at Rs 80 per share, aggregating Rs 82 crore which is 3.84% of the total number of Equity shares.
Below is the complete details about Alembic Ltd Buyback. Record date, buyback open and close dates are announce in below section.
Buyback Type: | Tender Offer |
Buyback Offer Amount: | Rs 82 Cr |
Buyback Number of Shares: | 1.025 Cr |
Buyback Price: | Rs 80 |
Buyback Offer Size (In %): | 3.84% |
Total Share Capital: | Rs 1,691.65 Cr |
Face Value: | 2 Per Equity Share |
Can I Invest today to participate in Alembic Ltd buyback offer? No
In this section we have covered all important dates related to Alembic Ltd Buyback. Dates are updated as they are announced. The most noted dates are record date and buyback open and close dates, which one should use to participate in buyback.
Buyback Activity | Date |
---|---|
Board Meeting for Buyback proposal | 23rd Jan 2018 |
Buyback Approval date | 24th Jan 2018 |
Public Announcement of Buyback | 24th Jan 2018 |
Record Date | 23rd Mar 2018 |
Buyback opens on/Buyback Opening Date | 16th Apr 2018 |
Buyback closes on/Buyback Closing Date | 27th Apr 2018 |
Cut-off date to receive completed tender forms by Registrar | |
Cut-off date for verification by the Registrar | 3rd May 2018 |
Cut-off date to inform Stock Exchange on acceptance or non-acceptance
of tendered Equity Shares by Registrar |
9th May 2018 |
Last date of settlement of bids on the stock exchange | 10th May 2018 |
Last date to return unaccepted shares by Registrar | 10th May 2018 |
Last date of extinguishment of Equity Shares | 17th May 2018 |
Stock Holding table gives a clear picture on retail investor holdings of Alembic Ltd shares which helps investor to decide on participating in buyback offer. The less number of retail holdings means higher chance of acceptance in buyback under retail category which is equal to higher profit.
Holding Type | In % |
---|---|
Promoter-Foreign | 0.0% |
Promoter-Indian | 63.53% |
Non-Promoter-Institutions | 1.69% |
Non-Promoter-Non-Institutions | 34.78% |
Category | Entitlement Ratio of Buyback Per Equity Shares | Entitlement Ratio of Buyback in % |
---|---|---|
Reserved Category | 138 Equity Share out of every 2911 fully paid-up Equity Share held on the Record Date. | 4.74% |
General Category | 396 Equity Share out of every 10663 fully paid-up Equity Share held on the Record Date. | 3.71% |
For Alembic Ltd Buyback Offer, Report updated by the manager of buyback -
In general category - response received 854.09%, No. of Equity Shares reserved in Buyback was 8712500 where valid bid received for retail category was 74412773 which is 854.09% oversubscribed.
In Reserved category for Small Shareholders (Retail) - response received only 544.66%, No. of Equity Shares reserved in Buyback was 1537500 where valid bid received for retail category was 8374136 which is 544.66%. Final Acceptance Ratio for Retail Investors was 4.74%.
The table below will give you a complete dashboard view for all open buyback offer in current market.
Company Name | Buyback Type | Offer Amount | Buyback Price | CMP | Record Date | Buyback Open Date | Buyback End Date |
---|---|---|---|---|---|---|---|
Tanla Platforms Ltd | Tender Offer | Rs 170 Cr | 1200 | 819.00 (0.44%) | 25-10-2022 | TBD | TBD | Garware Technical Fibres Ltd | Tender Offer | Rs 90 Cr | 3750 | 4-11-2022 | TBD | TBD | Orbit Exports Limited | Tender Offer | Rs 10 Cr | 245 | 140.55 (0.14%) | 18-11-2022 | TBD | TBD | KRBL Limited | Tender Offer | ₹325.00Cr | 500 | 277.50 (-1.65%) | 25-08-2023 | TBD | TBD | Dwarikesh Sugar Industries Limited | Tender Offer | ₹31.50Cr | 105 | 69.50 (-5.61%) | 20-03-2024 | 27-03-2024 | 03-04-2024 | Garware Technical Fibres Limited | Tender Offer | ₹199.50Cr | 3800 | 3323.25 (2.01%) | 26-03-2024 | 01-04-2024 | 05-04-2024 | Freshtrop Fruits Limited | Tender Offer | ₹33.69Cr | 175 | 165.15 (0.76%) | 02-04-2024 | TBD | TBD |
Detail Article on Benefit from buyback offer >> Read
Alembic Ltd Buyback Important dates - Record Date,Buyback Start and End date. Buyback Details - Buyback Price, Buyback Offer Size, Buyback Number of Shares, Retail Investors limit. What is the record date for Alembic Ltd? How can I apply in Alembic Ltd Buyback offer?Last Updated on 2018-10-25T04:13:28+00:00