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.
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||Not Yet Announced|
|Buyback closes on/Buyback Closing Date||Not Yet Announced|
|Cut-off date to receive completed tender forms by Registrar||Not Yet Announced|
|Cut-off date for verification by the Registrar||Not Yet Announced|
|Cut-off date to inform Stock Exchange on acceptance or non-acceptance of tendered Equity Shares by Registrar||Not Yet Announced|
|Last date of settlement of bids on the stock exchange||Not Yet Announced|
|Last date to return unaccepted shares by Registrar||Not Yet Announced|
|Last date of extinguishment of Equity Shares||Not Yet Announced|
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
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|
|KIOCL Limited||Tender Offer||155.92 Cr||110||112.75 (-3.38%)||30-10-2020||TBD||TBD||NTPC Ltd||Tender Offer||Rs 2275.7 Cr||115||93.90 (-0.32%)||13-11-2020||TBD||TBD||Ajanta Pharma ltd||Tender Offer||Rs 135.97 Cr||1850||1521.20 (-0.46%)||13-11-2020||TBD||TBD||NMDC Limited||Tender Offer||Rs 1378 Cr||105||93.05 (-0.21%)||23-11-2020||TBD||TBD||Mayur Uniquoters Limited||Tender Offer||Rs 30 Cr||400||267.85 (-3.39%)||25-11-2020||TBD||TBD||TCS||Tender Offer||Rs 16000 Cr||3000||2700.70 (-0.79%)||28-11-2020||TBD||TBD||Wipro Ltd||Tender Offer||Rs 9500 Cr||400||350.00 (-1.56%)||11-12-2020||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 2020-11-09T00:46:31+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 Not Yet Announced.
Buyback opening date for NTPC Ltd: Not Yet Announced
Buyback closing date for NTPC Ltd: Not Yet Announced
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 Not Yet Announced.