Ad www.AngelOne.in
FREE Account Opening + Zero AMC Fees* + MutualFund SIP1
FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
Ad www.AngelOne.in
Jul 20, 2018: Just Dial Ltd (BSE:535648 | NSE:JUSTDIAL ) board has approved a proposal for buyback of up to 27.50 lakhs shares at Rs 800 per share, aggregating Rs 220 cr which is 24.26% of total number of paid-up equity shares capital.
Below is the complete details about Just Dial Buyback. Record date, buyback open and close dates are announce in below section.
| Buyback Type: | Tender Offer |
| Buyback Offer Amount: | Rs 220 Cr |
| Buyback Number of Shares: | 27.50 lakhs |
| Buyback Price: | Rs 800 |
| Buyback Offer Size (In %): | 24.26% |
| Total Share Capital: | Rs 3252.74 Cr |
| Face Value: | 10 Per Equity Share |
Can I Invest today to participate in Just Dial buyback offer? No
In this section we have covered all important dates related to Just Dial 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 | 20th Jul 2018 |
| Buyback Approval date | 28th Sep 2018 |
| Public Announcement of Buyback | 3rd Oct 2018 |
| Record Date | 12th Oct 2018 |
| Buyback opens on/Buyback Opening Date | 18th Dec 2018 |
| Buyback closes on/Buyback Closing Date | 1st Jan 2019 |
| Cut-off date to receive completed tender forms by Registrar | 3rd Jan 2019 |
| Cut-off date for verification by the Registrar | 9th Jan 2019 |
| Cut-off date to inform Stock Exchange on acceptance or non-acceptance
of tendered Equity Shares by Registrar |
9th Jan 2019 |
| Last date of settlement of bids on the stock exchange | 10th Jan 2019 |
| Last date to return unaccepted shares by Registrar | 10th Jan 2019 |
| Last date of extinguishment of Equity Shares | 17th Jan 2019 |
Stock Holding table gives a clear picture on retail investor holdings of Just Dial 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 | 34.24% |
| Non-Promoter-Institutions | 44.88% |
| Non-Promoter-Non-Institutions | 20.88% |
Just Dial Draft Letter of Offer >>Document
Just Dial Letter of Offer >>Document
Just Dial Post Buyback Public Announcement >>Document
| Category | Entitlement Ratio of Buyback Per Equity Shares | Entitlement Ratio of Buyback in % |
|---|---|---|
| Reserved Category | 7 Equity Shares out of every 61 fully paid-up Equity Shares held on the Record Date. | 11.48 |
| General Category | 33 Equity Share out of every 901 fully paid-up Equity Share held on the Record Date. | 3.66% |
Buyback Calculator - Check your Profit/Loss and Breakeven point for left out shares.
Approx Buyback acceptance for the retail investor will o between 20 to 30%.
For Just Dial Buyback Offer, Report updated by the manager of buyback -
In general category - response received 672.03%, No. of Equity Shares reserved in Buyback was 2337500 where valid bid received for retail category was 15708747 which is 672.03% oversubscribed.
In Reserved category for Small Shareholders (Retail) - response received only 442.99%, No. of Equity Shares reserved in Buyback was 412500 where valid bid received for retail category was 1827338 which is 442.99%. Final Acceptance Ratio for Retail Investors was 12%.
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 | 933.35 (0.18%) | 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 | 162.50 (-1.34%) | 18-11-2022 | TBD | TBD | KRBL Limited | Tender Offer | ₹325.00Cr | 500 | 289.85 (-0.38%) | 25-08-2023 | TBD | TBD | Tips Industries Limited | Tender Offer | ₹37.19Cr | 625 | 464.70 (1.10%) | 22-04-2024 | TBD | TBD |
Detail Article on Benefit from buyback offer >> Read
Just Dial 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 Just Dial? How can I apply in Just Dial Buyback offer?Last Updated on 2019-01-17T21:26:14+00:00
