Aarti Drugs Ltd. Buyback
Aarti Drugs Buyback 2024
Tender Offer
₹900.00
Buyback price per share04 Sep, 2024
Last Date to buy shares05 Sep, 2024
Record Date11 Sep, 2024
Offer Opens18 Sep, 2024
Offer Closes18 Sep, 2024
Last Date for Tender Forms24 Sep, 2024
Finalisation of Buyback Acceptance25 Sep, 2024
Last Date for settlement of bids07 Oct, 2024
Last Date for Extinguishment of SharesAbout Aarti Drugs Ltd. Buyback Company
Aarti Drugs Limited manufactures specialty chemicals and bulk drugs.
The company manufactures over 40 products comprising bulk actives, key intermediates, and specialty chemicals. Its product portfolio includes anti-biotic, anti-protozoal, anti-inflammatory, anti-fungal, anti-diabetic, cardio-protectant, vitamins, anti-arthritis, and sedative therapeutic groups that help in lifesaving and lifestyle-related diseases.
Aarti Drugs has nine manufacturing units located at Tarapur (Maharashtra) and two manufacturing units located at Sarigam (Gujarat), most of them being GMP certified. The company exports its products to over 100 countries worldwide. The Company has also got approvals from various authorities such as WHO-GMP, ACCREDITATION from JAPAN, IDL China, ANVISA, TGA Australia, COFEPRIS, and COS.
The company recorded a total revenue of Rs 2,71,824.75 lakhs, Rs2,49,996.17 lakhs, and Rs 2,15,930.50 lakhs in 2023, 2022, and 2021 respectively
Aarti Drugs Ltd. Buyback Details
- Security Name Aarti Drugs Ltd.
- Buyback Price ₹900.00
- Face Valuet ₹10.00
- Listing at Group BSE,NSE
- Lead Manager Inga Ventures Pvt Ltd
- Issue Size 665,000 (0.72 % of Total number of equity Shares)
- Buyback Docs Letter Of Offer
Aarti Drugs Ltd. Buyback Ratio
| Categoryy | Entitlement Ratio of Buyback | Shares Offered |
|---|---|---|
| Reserved Category for Small Shareholders | 9/706 | 99750 |
| General Category for all other Eligible Shareholders | 5/744 | 565250 |
Aarti Drugs Ltd. Buyback Company Financials
| 31-Mar-23 | 31-Mar-22 | 31-Mar-21 | |
|---|---|---|---|
| Profit After Tax | 166.36 | 205 | 280.4 |
| Reserves And Surplus | -- | -- | -- |
| Total Assets | 2,421.4 | 2,207.96 | 1,766.01 |
| Total Borrowing | -- | -- | -- |
| Net Worth | -- | -- | -- |
| Total Revenue | 2,718.25 | 2,499.96 | 2,159.31 |
How to Participate in Aarti Drugs Ltd. Buyback?
Calculation of Investment in Aarti Drugs Ltd. Buyback Buyback 2026
* No. of shares stands to change according to the closing price on the record date
* For simplicity, we have considered the price on date Aug 26, 2024
Expected Profit from the Aarti Drugs Ltd. Buyback on the bases of acceptance Ratio:
| Acceptance Ratio | Amount Invested in Buyback | No. of Shares Buyback | Buyback Profit | Profit% |
|---|---|---|---|---|
| 33% | ₹134,744.44 | 73 | 21436 | 15.91% |
| 50% | ₹134,744.44 | 111 | 32595 | 24.19% |
| 75% | ₹134,744.44 | 166 | 48745 | 36.18% |
| 100% | ₹134,744.44 | 222 | 65190 | 48.38% |
Amount Invested in Buyback: ₹134,744.44
Aarti Drugs Ltd. Buyback - Necessity of the Objective
The Buyback will help the Company to return surplus cash to its shareholders holding Equity Shares;
The Buyback is generally expected to improve return on equity through the distribution of cash and improve earnings per share by a reduction in the equity base, thereby leading to a long-term increase in shareholders’ value;
The Buyback gives an option to the shareholders holding Equity Shares of the Company, either to sell their Equity Shares and receive cash or not to sell their Equity Shares and get a resultant increase in their percentage shareholding, post the Buyback offer, without additional investment.
The Buyback, which is being implemented through the tender offer as prescribed under the Buyback Regulations, would involve a minimum reservation of 15% for Small Shareholders and allocation of a higher number of shares as per their entitlement or 15% of the number of shares to be bought back, reserved for the Small Shareholders. The Company believes that this reservation for Small Shareholders would benefit a large number of public shareholders, who would be classified as Small Shareholders.
Contact Details
Aarti Drugs Ltd. Buyback
Plot No N-198, MIDC, Tarapura, Tal-Palghar, Dist Palghar-401506
022-24072249
admin@aartidrugs.com
Registrar Contact Details
Link Intime India Private Ltd
aartidrugs.buyback2024@linkintime.co.in
+91-22-4918 6270