Aarti Drugs Buyback 2024

Aarti Drugs Ltd. Buyback

Aarti Drugs Buyback 2024
Tender Offer

₹900.00

Buyback price per share

04 Sep, 2024

Last Date to buy shares

05 Sep, 2024

Record Date

11 Sep, 2024

Offer Opens

18 Sep, 2024

Offer Closes

18 Sep, 2024

Last Date for Tender Forms

24 Sep, 2024

Finalisation of Buyback Acceptance

25 Sep, 2024

Last Date for settlement of bids

07 Oct, 2024

Last Date for Extinguishment of Shares
About 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

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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
All values are in ₹ Cr.
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?
Hold shares on Record Date
Firstly, to be eligible for the buyback the investor should have shares of Aarti Drugs Ltd. Buyback in Demat or physical form as on the record date Sep 5, 2024.
Tender via Broker or Exchange
Once you have shares in Demat, you can participate in the buyback process which is opening from Sep 11, 2024 by tendering your shares through your broker on BSE,NSE.
Receive Payment & Reversal
Then on Oct 7, 2024, the payment will be given to you for accepted shares and unaccepted shares will be returned to your Demat account.
Calculation of Investment in Aarti Drugs Ltd. Buyback Buyback 2026
Maximum market value of a share holder as on record date
₹200,000.00
Buyback price per share
₹900.00
Maximum share for small shareholders (200000/ 900)
222.22 share
Closing price of stock as of 2024-08-26
₹606.35
Maximum amount insted in buyback (₹606.35 x 222 shares)
₹134,744.44

* 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

33% Acceptance Ratio
Shares Buyback: 73
Buyback Profit: 21436
Profit %: 15.91%
50% Acceptance Ratio
Shares Buyback: 111
Buyback Profit: 32595
Profit %: 24.19%
75% Acceptance Ratio
Shares Buyback: 166
Buyback Profit: 48745
Profit %: 36.18%
100% Acceptance Ratio
Shares Buyback: 222
Buyback Profit: 65190
Profit %: 48.38%
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

https://www.aartidrugs.co.in/

Registrar Contact Details

Link Intime India Private Ltd

aartidrugs.buyback2024@linkintime.co.in

+91-22-4918 6270

https://linkintime.co.in/initial_offer/public-issues.html