FREE Account Opening + Zero AMC Fees* + MutualFund SIP1
Loading...

KPR Mill Ltd Buyback Feb 2018

Rated 3/5 by Team InvestorGain

Incorporated in 1984, K.P.R. Mill Ltd is India's largest vertically integrated Apparel manufacturing companies producing Yarn, Knitted Grey & Dyed, Fabric and Readymade Garments.The Company has its on Wind Mills to produce around 70% power for its personal consumption use. The Company also have Co-gen cum Sugar Plant at Karnataka.

What is the K.P.R. Mill Ltd share buyback offer?

Feb 22,2018 - K.P.R. Mill Ltd(BSE: 532889 | NSE: KPRMILL) Board has approved a proposal for buyback of up to 13.35 lakhs shares at Rs 810 per share, aggregating Rs 108 cr which is 1.81% of total number of paid up equity shares capital.

What is KPR Mill Ltd Buyback details?

Below is the complete details about KPR Mill Ltd Buyback. Record date, buyback open and close dates are announce in below section.

Buyback Type: Tender Offer
Buyback Offer Amount: Rs 108 Cr
Buyback Number of Shares: 13.35 lakhs
Buyback Price: Rs 810
Buyback Offer Size (In %): 1.81%
Total Share Capital: Rs 5,307.20 Cr
Face Value: 5 Per Equity Share

Can I Invest today to participate in KPR Mill Ltd buyback offer? No

What are KPR Mill Ltd Buyback Important Dates?

In this section we have covered all important dates related to KPR Mill 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.

KPR Mill Ltd buyback offer important dates
Buyback Activity Date
Board Meeting for Buyback proposal 22nd Feb 2018
Buyback Approval date 22nd Feb 2018
Public Announcement of Buyback 22nd Feb 2018
Record Date 7th Mar 2018
Buyback opens on/Buyback Opening Date 16th Mar 2018
Buyback closes on/Buyback Closing Date 2nd Apr 2018
Cut-off date to receive completed tender forms by Registrar 4th Apr 2018
Cut-off date for verification by the Registrar 4th Apr 2018
Cut-off date to inform Stock Exchange on acceptance or non-acceptance
of tendered Equity Shares by Registrar
6th Apr 2018
Last date of settlement of bids on the stock exchange 9th Apr 2018
Last date to return unaccepted shares by Registrar 9th Apr 2018
Last date of extinguishment of Equity Shares 12th Apr 2018

KPR Mill Ltd Share Holding Pattern as of March 2017

Stock Holding table gives a clear picture on retail investor holdings of KPR Mill 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 74.90%
Non-Promoter-Institutions 15.94%
Non-Promoter-Non-Institutions 9.16%

KPR Mill Ltd 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 696.50 per equity share - in such case Max 287 Equity Shares as of Record Date 7th Mar 2018.
  • General category for all Shareholders other than Small Shareholders ("General Category")

KPR Mill Ltd Ratio of Buy Back

Category Entitlement Ratio of Buyback Per Equity Shares Entitlement Ratio of Buyback in %
Reserved Category 12 Equity Share out of every 95 fully paid-up Equity Share held on the Record Date. 12.63
General Category 1 Equity Share out of every 62 fully paid-up Equity Share held on the Record Date. 1.61%

Post buyback comments KPR Mill Ltd

For KPR Mill Ltd Buyback Offer, Report updated by the manager of buyback -

In general category - response received 1119.79%, No. of Equity Shares reserved in Buyback was 1134750 where valid bid received for retail category was 21784828 which is 1119.79% oversubscribed.

In Reserved category for Small Shareholders (Retail) - response received only 536.49%, No. of Equity Shares reserved in Buyback was 200250 where valid bid received for retail category was 1074314 which is 536.49%. Final Acceptance Ratio for Retail Investors was 12.63%.

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
Tanla Platforms LtdTender OfferRs 170 Cr1200819.00 (0.44%)25-10-2022TBDTBD
Garware Technical Fibres LtdTender OfferRs 90 Cr37504-11-2022TBDTBD
Orbit Exports LimitedTender OfferRs 10 Cr245140.55 (0.14%)18-11-2022TBDTBD
KRBL LimitedTender Offer₹325.00Cr500277.50 (-1.65%)25-08-2023TBDTBD
Dwarikesh Sugar Industries LimitedTender Offer₹31.50Cr10569.50 (-5.61%)20-03-202427-03-202403-04-2024
Garware Technical Fibres LimitedTender Offer₹199.50Cr38003323.25 (2.01%)26-03-202401-04-202405-04-2024
Freshtrop Fruits LimitedTender Offer₹33.69Cr175165.15 (0.76%)02-04-2024TBDTBD

Detail Article on Benefit from buyback offer >> Read

KPR Mill 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 KPR Mill Ltd? How can I apply in KPR Mill Ltd Buyback offer?

Company Contact Information

No 9 Gokul Buildings 1st Floor,
AKS Nagar Thadagam Road,
Tamil Nadu-641001

Registrar Contact Information

Karvy Computershare Pvt Ltd
Karvy Selenium Tow-B,
Pl-31&32 Gachibowli,
Nanakramguda,
Hyderabad-500032

Last Updated on 2019-04-30T23:18:00+00:00

Request call back from

User Reviews