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Nov 15, 2018: NHPC Ltd (BSE:533098 | NSE:NHPC) board has approved a proposal for buyback of up to 21.42 Cr shares at Rs 28 per share, aggregating Rs 600 Cr (Buyback Offer Size) which is 2.09% of total paid-up equity share.
Below is the complete details about NHPC LTD Buyback. Record date, buyback open and close dates are announce in below section.
| Buyback Type: | Tender Offer |
| Buyback Offer Amount: | Rs 600 CR |
| Buyback Number of Shares: | 21.42 Cr |
| Buyback Price: | Rs 28 |
| Buyback Offer Size (In %): | 2.09% |
| Total Share Capital: | Rs 26674.23 Cr |
| Face Value: | 10 Per Equity Share |
Can I Invest today to participate in NHPC LTD buyback offer? No
In this section we have covered all important dates related to NHPC 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 | 15th Nov 2018 |
| Buyback Approval date | 15th Nov 2018 |
| Public Announcement of Buyback | 15th Nov 2018 |
| Record Date | 30th Nov 2018 |
| Buyback opens on/Buyback Opening Date | 1st Jan 2019 |
| Buyback closes on/Buyback Closing Date | 14th Jan 2019 |
| Cut-off date to receive completed tender forms by Registrar | 16th Jan 2019 |
| Cut-off date for verification by the Registrar | 22nd Jan 2019 |
| Cut-off date to inform Stock Exchange on acceptance or non-acceptance
of tendered Equity Shares by Registrar |
22nd Jan 2019 |
| Last date of settlement of bids on the stock exchange | 23rd Jan 2019 |
| Last date to return unaccepted shares by Registrar | 23rd Jan 2019 |
| Last date of extinguishment of Equity Shares | 30th Jan 2019 |
Stock Holding table gives a clear picture on retail investor holdings of NHPC 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 | 73.67% |
| Non-Promoter-Institutions | 15.73% |
| Non-Promoter-Non-Institutions | 10.59% |
NHPC LTD Public Announcement >>Document
NHPC LTD Draft Letter of Offer >>Document
NHPC LTD Letter of Offer >>Document
NHPC LTD Post Buyback Public Announcement >>Document
| Category | Entitlement Ratio of Buyback Per Equity Shares | Entitlement Ratio of Buyback in % |
|---|---|---|
| Reserved Category | 13 Equity Share out of every 175 fully paid-up Equity Share held on the Record Date. | 7.43% |
| General Category | 59 Equity Share out of every 3183 fully paid-up Equity Share held on the Record Date. | 1.85% |
For NHPC LTD Buyback Offer, Report updated by the manager of buyback -
In general category - response received 500%, No. of Equity Shares reserved in Buyback was 182142714 where valid bid received for retail category was 910741351 which is 500% oversubscribed.
In Reserved category for Small Shareholders (Retail) - response received only 159%, No. of Equity Shares reserved in Buyback was 32142858 where valid bid received for retail category was 51188757 which is 159%. Final Acceptance Ratio for Retail Investors was 75%.
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 | 935.70 (-3.18%) | 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 | 176.75 (-1.81%) | 18-11-2022 | TBD | TBD | KRBL Limited | Tender Offer | ₹325.00Cr | 500 | 295.90 (-1.10%) | 25-08-2023 | TBD | TBD | Tips Industries Limited | Tender Offer | ₹37.19Cr | 625 | 459.70 (-0.27%) | 22-04-2024 | 26-04-2024 | 03-05-2024 |
Detail Article on Benefit from buyback offer >> Read
NHPC 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 NHPC LTD? How can I apply in NHPC LTD Buyback offer?Last Updated on 2019-01-30T22:45:44+00:00
