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Star Cement Buyback 2021

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What is Star Cement Limited Buyback details?

Below is the complete details about Star Cement Limited Buyback. Record date, buyback open and close dates are announce in below section.

Buyback Type: Tender Offer
Buyback Offer Amount: Rs 123.72 Cr
Buyback Number of Shares: 82.48 lakhs
Buyback Price: Rs 150
Buyback Offer Size (In %): 2%
Total Share Capital:
Face Value: 1 Per Equity Share

Can I Invest today to participate in Star Cement Limited buyback offer? No

What are Star Cement Limited Buyback Important Dates?

In this section we have covered all important dates related to Star Cement Limited 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.

Star Cement Limited buyback offer important dates
Buyback Activity Date
Board Meeting for Buyback proposal 13th Aug 2021
Buyback Approval date 13th Aug 2021
Public Announcement of Buyback 17th Aug 2021
Record Date 26th Aug 2021
Buyback opens on/Buyback Opening Date 22nd Sep 2021
Buyback closes on/Buyback Closing Date 5th Oct 2021
Cut-off date to receive completed tender forms by Registrar 7th Oct 2021
Cut-off date for verification by the Registrar 12th Oct 2021
Cut-off date to inform Stock Exchange on acceptance or non-acceptance
of tendered Equity Shares by Registrar
13th Oct 2021
Last date of settlement of bids on the stock exchange 14th Oct 2021
Last date to return unaccepted shares by Registrar 14th Oct 2021
Last date of extinguishment of Equity Shares 21st Oct 2021

Star Cement Limited Share Holding Pattern as of

Stock Holding table gives a clear picture on retail investor holdings of Star Cement Limited 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
Promoter-Indian
Non-Promoter-Institutions
Non-Promoter-Non-Institutions

Star Cement Limited Ratio of Buyback

    For Buy back shares holders are divided in 2 categories:
  • Reserved category for Small Shareholders ("Reserved Category") - Who holds Max Rs 2 Lakhs worth of shares @Rs 108.30 per equity share - in such case Max 1847 Equity Shares as of Record Date 26th Aug 2021.
  • General category for all Shareholders other than Small Shareholders ("General Category")

Star Cement Limited Ratio of Buy Back

Category Entitlement Ratio of Buyback Per Equity Shares Entitlement Ratio of Buyback in %
Reserved Category 6 Equity Share out of every 47 fully paid-up Equity Share held on the Record Date. 12.77
General Category 2 Equity Share out of every 115 fully paid-up Equity Share held on the Record Date. 1.73%

Current and Upcoming Buybacks Key dates

The table below will give you a complete dashboard view for all open buyback offer in current market.

Current and Upcoming Buybacks Key dates
Company NameBuyback TypeOffer AmountBuyback PriceCMPRecord DateBuyback Open DateBuyback End Date
eClerx ServicesTender Offer₹303 Cr28502247.35 (-1.17%)30-09-202118-10-202101-11-2021
Goldiam International LimitedTender Offer45.60 Cr1200941.00 (0.22%)27-10-2021TBDTBD
Nucleus Software Exports LtdTender OfferRs 158 Cr700TBDTBDTBD

Detail Article on Benefit from buyback offer >> Read

Star Cement Limited 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 Star Cement Limited? How can I apply in Star Cement Limited Buyback offer?

Company Contact Information

Registrar Contact Information

Last Updated on 2021-09-28T10:54:42+00:00

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