NTPC Buyback is worth Rs 2275.7 Cr. The size of the buyback is 19.79 cr shares which are 2% of the total equity. The buyback price is at Rs 115 per share which is approx 28.9% high from announcement date price. NTPC buyback record date is 13th Nov 2020.
Incorporated in 1975, NTPC Ltd is India's largest energy conglomerate. The company has 24 coal based, 7 gas based, 1 Hydro, 1 Wind and 11 Solar plants with the total installed capacity of 62,910 MW. NTPC is also recognized as the best among PSUs and a Maharatna company.
Below is the complete details about NTPC Ltd Buyback. Record date, buyback open and close dates are announce in below section.
|Buyback Type:||Tender Offer|
|Buyback Offer Amount:||Rs 2275.7 Cr|
|Buyback Number of Shares:||19.79 Cr|
|Buyback Price:||Rs 115|
|Buyback Offer Size (In %):||2%|
|Total Share Capital:||Rs 88,259.5 Cr|
|Face Value:||10 Per Equity Share|
Can I Invest today to participate in NTPC Ltd buyback offer? No
In this section we have covered all important dates related to NTPC 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.
|Board Meeting for Buyback proposal||2nd Nov 2020|
|Buyback Approval date||2nd Nov 2020|
|Public Announcement of Buyback||2nd Nov 2020|
|Record Date||13th Nov 2020|
|Buyback opens on/Buyback Opening Date||7th Dec 2020|
|Buyback closes on/Buyback Closing Date||18th Dec 2020|
|Cut-off date to receive completed tender forms by Registrar||21st Dec 2020|
|Cut-off date for verification by the Registrar||23rd Dec 2020|
|Cut-off date to inform Stock Exchange on acceptance or non-acceptance of tendered Equity Shares by Registrar||29th Dec 2020|
|Last date of settlement of bids on the stock exchange||30th Dec 2020|
|Last date to return unaccepted shares by Registrar||30th Dec 2020|
|Last date of extinguishment of Equity Shares||6th Jan 2021|
Stock Holding table gives a clear picture on retail investor holdings of NTPC 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 %|
NTPC Ltd Public Announcement >>Document
NTPC Ltd Draft Letter of Offer >>Document
NTPC Ltd Letter of Offer >>Document
NTPC Ltd Post Buyback Public Announcement >>Document
For Buy back shares holders are divided in 2 categories:
|Category||Entitlement Ratio of Buyback Per Equity Shares||Entitlement Ratio of Buyback in %|
|Reserved Category||91 Equity Share out of every 654 fully paid-up Equity Share held on the Record Date.||13.92|
|General Category||9 Equity Share out of every 518 fully paid-up Equity Share held on the Record Date.||1.74%|
For NTPC Ltd Buyback Offer, Report updated by the manager of buyback -
In general category - response received 562.69%, No. of Equity Shares reserved in Buyback was 16,82,07,474 where valid bid received for retail category was 94,64,79,795 which is 562.69% oversubscribed.
In Reserved category for Small Shareholders (Retail) - response received only 230.81%, No. of Equity Shares reserved in Buyback was 2,96,83,672 where valid bid received for retail category was 6,85,13,994 which is 230.81%. Final Acceptance Ratio for Retail Investors was 13.92%.
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|
|Smartlink Holdings Limited||Tender Offer||Rs 31.58 Cr||95||86.65 (-0.40%)||01-03-2021||30-04-2021||14-05-2021||SIS Limited||Tender Offer||Rs 100 Cr||550||374.20 (0.43%)||09-04-2021||12-05-2021||27-05-2021||Quick Heal||Tender Offer||Rs 155 Cr||245||184.10 (0.22%)||03-05-2021||TBD||TBD|
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Detail Article on Benefit from buyback offer >> ReadNTPC 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 NTPC Ltd? How can I apply in NTPC Ltd Buyback offer?
Last Updated on 2021-01-25T21:35:31+00:00
The Record Date for NTPC Ltd Buyback offer is 13th Nov 2020
Which means you should hold the NTPC Ltd share in your demat account by closing session of 13th Nov 2020. Share purchased on and before (13th Nov 2020) - 2 business days will be available in your demat account by 13th Nov 2020.
Its all depend on acceptance ratio which usually announce with Letter of Offer. Lets assume if you have NTPC Ltd shares at ₹87 and buyback offer price is ₹115, you can get ₹28 per accepted share. If you hold 2299 shares of NTPC Ltd and if proportionate acceptance is between 33% and 50%, in such case you are eligible to sell your 759 to 1150 shares with the gain from buyback of ₹21252 to ₹32200.
The percentage of proportionate acceptance varies from company to company. This percentage can be also 100% which means that company buys all of your shares.
|% Share Accepted||No of Shared Accepted||Gain from Buyback Offer|
Steps to participate in NTPC Ltd buyback:
Share holders who hold less than 2 lakh worth of shares are consider in Retail Category. All others will consider in General Category. Last trading price on record date will be used to calculate the eligibility criteria.
As this is a buyback tender offer, shares are accepted in proportionate basis. Proportionate acceptance / rejection will be returned back to the eligible shareholders directly by the Registrar on or before 30th Dec 2020.
Buyback opening date for NTPC Ltd: 7th Dec 2020
Buyback closing date for NTPC Ltd: 18th Dec 2020
This is the window when you need to submit your application for proposal for share buyback. If you are submitting tender forms or submitting physical share certificates, it must reach to registrar by 21st Dec 2020.