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Incorpoared in 1962, Unichem Laboratories Ltd is a pharmaceutical company. The company has 7 manufacturing units in India.The company operates through four divisions, namely Unichem Pharma Division, Unichem Specialities Division, Unisearch Division and Neu-Foreva Division.
Jan 04,2018 - Unichem Laboratories Ltd Board is going to consider a share buyback in board meeting which is planned on Monday Jan 08,2018.
Jan 08,2018 - Unichem Laboratories Ltd (BSE: 506690,NSE:UNICHEMLAB) board has approved a proposal for buyback of up to 2.06 Cr shares at Rs 430 per share, aggregating Rs 885.80 crore which is approx 25% of the total paid-up equity capital.
Below is the complete details about Unichem Laboratories Ltd Buyback. Record date, buyback open and close dates are announce in below section.
| Buyback Type: | Tender Offer |
| Buyback Offer Amount: | Rs 885.8 Cr |
| Buyback Number of Shares: | 2.06 Cr |
| Buyback Price: | Rs 430 |
| Buyback Offer Size (In %): | 25% |
| Total Share Capital: | Rs 3357.19 Cr |
| Face Value: | 2 Per Equity Share |
Can I Invest today to participate in Unichem Laboratories Ltd buyback offer? No
In this section we have covered all important dates related to Unichem Laboratories 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 | 8th Jan 2018 |
| Buyback Approval date | 8th Jan 2018 |
| Public Announcement of Buyback | 8th Jan 2018 |
| Record Date | 16th Feb 2018 |
| Buyback opens on/Buyback Opening Date | 7th Mar 2018 |
| Buyback closes on/Buyback Closing Date | 20th Mar 2018 |
| Cut-off date to receive completed tender forms by Registrar | |
| Cut-off date for verification by the Registrar | 22nd Mar 2018 |
| Cut-off date to inform Stock Exchange on acceptance or non-acceptance
of tendered Equity Shares by Registrar |
28th Mar 2108 |
| Last date of settlement of bids on the stock exchange | 2nd Apr 2018 |
| Last date to return unaccepted shares by Registrar | 2nd Apr 2018 |
| Last date of extinguishment of Equity Shares | 9th Apr 2018 |
Stock Holding table gives a clear picture on retail investor holdings of Unichem Laboratories 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 | 50.06% |
| Non-Promoter-Institutions | 17.85% |
| Non-Promoter-Non-Institutions | 32.09% |
| Category | Entitlement Ratio of Buyback Per Equity Shares | Entitlement Ratio of Buyback in % |
|---|---|---|
| Reserved Category | 13 Equity Share out of every 45 fully paid-up Equity Share held on the Record Date. | 28.89 |
| General Category | 175 Equity Share out of every 802 fully paid-up Equity Share held on the Record Date. | 21.82 |
For Unichem Laboratories Ltd Buyback Offer, Report updated by the manager of buyback -
In general category - response received 153.20, No. of Equity Shares reserved in Buyback was 17510000 where valid bid received for retail category was 26825410 which is 153.20 oversubscribed.
In Reserved category for Small Shareholders (Retail) - response received only 284.05, No. of Equity Shares reserved in Buyback was 3090000 where valid bid received for retail category was 8777262 which is 284.05. Final Acceptance Ratio for Retail Investors was 30%.
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 | 985.20 (6.44%) | 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 | 169.05 (2.45%) | 18-11-2022 | TBD | TBD | KRBL Limited | Tender Offer | ₹325.00Cr | 500 | 296.25 (-0.60%) | 25-08-2023 | TBD | TBD | Tips Industries Limited | Tender Offer | ₹37.19Cr | 625 | 462.10 (0.35%) | 22-04-2024 | 26-04-2024 | 03-05-2024 |
Detail Article on Benefit from buyback offer >> Read
Unichem Laboratories 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 Unichem Laboratories Ltd? How can I apply in Unichem Laboratories Ltd Buyback offer?Last Updated on 2018-10-25T04:07:09+00:00
