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Zydus Lifesciences Limited Buyback May 2022


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.

Zydus Lifesciences Limited Buyback

TitleDetail
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 %:-

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Zerodha FAQs

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.

Zydus Lifesciences Limited Buyback Profit Calculation

% Share AcceptedNo of Shared AcceptedGain from Buyback Offer
33%179₹50120
50%270₹75600
75%406₹113680
100%541₹151480

 

Steps to participate in Zydus Lifesciences Limited buyback:

  1. On Record date (2nd Jun 2022) you must have share of Zydus Lifesciences Limited in your demat account/physical form. Depositing of share in your DP account usually take T+2 days, so you need to plan your buying accordingly.
  2. After that company announces buyback open and close window, so you need to tender your share in buyback process. You can do this online or contact your broker to tender your share in buyback, so he can place a request on your behalf.
  3. Next step is with registrar - depend on buyback acceptance ratio, your shares will be sold in buyback process and fund will directly debited in your bank account. Any rejected share will be revert in your demat account which you can sell in open market or hold for long term gain.

 

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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