Company Name Record Date Issue Open Issue Close Buyback Price (per share) Current Market Price Issue Size Share (Cr) Issue Size Amount (Cr)

Tips Industries Limited

Apr 22, 2024
625
461.75
0.06
37.19
Freshtrop Fruits Limited
Apr 02, 2024
Apr 08, 2024
Apr 16, 2024
175
164.40
0.19
33.69

Garware Technical Fibres Limited

Mar 26, 2024
Apr 01, 2024
Apr 05, 2024
3800
3298.90
0.05
199.50

Dwarikesh Sugar Industries Limited

Mar 20, 2024
Mar 27, 2024
Apr 03, 2024
105
72.18
0.30
31.50

Shervani Industrial Syndicate Limited

Mar 07, 2024
Mar 14, 2024
Mar 20, 2024
510
560.30
0.01
6.83

Bajaj Auto Limited

Feb 29, 2024
Mar 06, 2024
Mar 13, 2024
10000
8918.70
0.40
4000.00
Kaveri Seed Company Ltd.
Feb 23, 2024
Feb 29, 2024
Mar 06, 2024
725
679.90
0.45
325.00

Zydus Lifesciences Limited

Feb 23, 2024
Feb 29, 2024
Mar 06, 2024
1005
945.15
0.60
600.00
Orbit Exports Limited
Feb 13, 2024
Feb 20, 2024
Feb 26, 2024
250
163.70
0.06
15.00
Rajoo Engineers Limited
Jan 31, 2024
Feb 06, 2024
Feb 12, 2024
210
224.15
0.09
19.79
Arnold Holdings Limited
Jan 25, 2024
Feb 01, 2024
Feb 07, 2024
21
43.00
0.63
13.23
Chambal Fertilisers and Chemicals Limited
Jan 18, 2024
Jan 24, 2024
Jan 31, 2024
450
373.60
1.56
700.00
Dhampur Sugar Mills Ltd.
Jan 17, 2024
Jan 23, 2024
Jan 30, 2024
300
2233.60
0.10
30.00
Elegant Marbles & Grani Industries
Jan 05, 2024
Jan 11, 2024
Jan 17, 2024
385
242.80
0.07
26.83

Disclaimer:

  • The tender offer buyback period lasts for ten business days.
  • To participate in the tender offer buyback, you must be a shareholder of the company as of the record date.
  • Both Demat and physical shareholders have the option to participate in the tender offer buyback.
  • You can tender your shares partially, fully, or choose not to participate in the offer.
  • The tender offer buyback is conducted on a proportionate basis, up to the maximum buyback size. Therefore, it’s possible that only a portion of your shares may be accepted.

A buyback, also called a share repurchase, happens when a company buys its own shares from the stock market. This reduces the number of shares available to the public. Companies do this to increase the value of their remaining shares by making them more scarce. It’s like the company is taking some of its shares back from the market, which can make the ones that are left more valuable.

Tender Offer: With this option, the company invites shareholders to offer their shares at a premium price set by the company. Shareholders eligible for the buyback can apply through their Demat or trading accounts. The company purchases the shares based on a predetermined ratio outlined in the buyback offer.

Open Market Offer: In this scenario, the company repurchases its shares directly from the open market through stock exchanges. Shareholders have the opportunity to sell their shares within the specified timeframe provided by the company in the buyback offer. Open market buyback offers typically extend over several months as the company acquires shares from the open market.

Market Musings: Rajesh's Buyback Decision

In the bustling streets of Mumbai, there lived a hardworking man named Rajesh. Rajesh was an engineer who had always dreamt of investing in the stock market. One day, after years of saving, he finally decided to take the plunge and buy shares in a local pharmaceutical company.

As months passed, Rajesh kept a close eye on his investments, learning more about the stock market each day. One morning, he received an unexpected letter in the mail from the pharmaceutical company. It was about something called a “buyback offer.” Intrigued but unsure, Rajesh sat down to read it carefully. 

The letter explained that the company was offering to repurchase some of its own shares from shareholders like him. There were two options: a tender offer and an open market offer. Rajesh felt a mix of confusion and excitement as he tried to make sense of it all. 💭❓

After doing some research, Rajesh learned that in a tender offer, the company invites shareholders to sell their shares back at a premium price. On the other hand, an open market offer meant that the company would buy back shares directly from the stock market over time. 

Rajesh felt torn. He didn’t know which option would be best for him. On one hand, the tender offer seemed like a guaranteed way to make a profit. But on the other hand, he wondered if he should hold onto his shares and see if their value increased over time. 🤔💸

With his head spinning with uncertainty, Rajesh sought advice from his friend, Ankit, who was more experienced in investing. Ankit explained that while the tender offer might provide a quick return, holding onto the shares could potentially yield greater long-term gains if the company performed well.

After much contemplation, Rajesh decided to participate in the tender offer. He felt that it was a safe choice for now, considering his limited knowledge of the stock market. He carefully followed the instructions in the letter and submitted his shares for repurchase. ✔️💼

A few weeks later, Rajesh received confirmation that the buyback had been completed successfully. He was relieved to see the funds deposited into his account, knowing that he had made a wise decision for his financial future. 💰📩

As Rajesh continued on his investment journey, he realized that there would always be risks and uncertainties in the stock market. But with careful research and sound advice, he felt confident in his ability to navigate the ups and downs and make informed decisions about his investments.📈👍

Related Posts