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Zydus Lifesciences Limited (BSE:532321, NSE:ZYDUSLIFE) is taking shares from investors via Buyback Offer. Do you wish to tender your shares for Zydus Lifesciences Limited Buyback May 2022? The company has announced a buyback price of Rs 650. Buyback Announced on 20-05-2022, the Record Date for the eligible investor is 02-06-2022.
Zydus Lifesciences Limited Buyabck Tender process starts from 23-06-2022 and end on 06-07-2022.
Acceptation Ratio for retail investor (Holding Shares worth of less than Rs 2 Lakhs on Record date) is 5.17%%.
The summary report of Zydus Lifesciences Limited buyback contains overview, record date, tender dates, buyback size, buyback price, approximate entry level for new investors, date of extinguishment of Equity Shares, Entitlement Ratio for retail and general category.
| Title | Detail |
|---|---|
| Company Name: | Zydus Lifesciences Limited |
| Buyback Type: | Tender Offer |
| Total Share Capital: | 38,226 |
| Offer Amount: | Rs 750 Cr |
| Offer Size: | 1.13% |
| Buyback Number of Shares: | 1.15 Cr |
| Buyback Price: | 650 |
| Approx Entry Price: | 370 |
| Promoters In: | Y |
| Buyback Approval Date: | 20-05-2022 |
| Record Date: | 02-06-2022 |
| Open Date: | 23-06-2022 |
| Close Date: | 06-07-2022 |
| Payment Date: | 15-07-2022 |
| Record Date Price: | 365.35 |
| Maximum Retail Quantity: | 547 |
| Draft Letter of Offer: | Draft Letter of Offer |
| Letter of Offer: | Letter of Offer |
| Acceptance Ratio Retail: | 26 Equity Share out of every 503 fully paid-up Equity Share held on the Record Date. |
| Acceptance Ratio Retail %: | 5.17% |
| Acceptance Ratio General: | 1 Equity Share out of every 101 fully paid-up Equity Share held on the Record Date. |
| Acceptance Ratio General %: | 0.99% |
| Final Acceptance Ratio %: | 5.17% |
The Record Date for Zydus Lifesciences Limited Buyback offer is 2nd Jun 2022
Which means you should hold the Zydus Lifesciences Limited share in your demat account by closing session of 2nd Jun 2022. Share purchased on and before (2nd Jun 2022) - 2 business days will be available in your demat account by 2nd Jun 2022.
Its all depend on acceptance ratio which usually announce with Letter of Offer. Lets assume if you have Zydus Lifesciences Limited shares at ₹370 and buyback offer price is ₹650, you can get ₹280 per accepted share. If you hold 541 shares of Zydus Lifesciences Limited and if proportionate acceptance is between 33% and 50%, in such case you are eligible to sell your 179 to 270 shares with the gain from buyback of ₹50120 to ₹75600.
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 |
|---|---|---|
| 33% | 179 | ₹50120 |
| 50% | 270 | ₹75600 |
| 75% | 406 | ₹113680 |
| 100% | 541 | ₹151480 |
Steps to participate in Zydus Lifesciences Limited 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.
Buyback opening date for Zydus Lifesciences Limited: 23rd Jun 2022
Buyback closing date for Zydus Lifesciences Limited: 6th Jul 2022
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 .
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 15th Jul 2022.
Buyback opening date for Zydus Lifesciences Limited: 23rd Jun 2022
Buyback closing date for Zydus Lifesciences Limited: 6th Jul 2022
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 .
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