Chambal Fertilisers and Chemicals Buyback 2024

Chambal Fertilisers and Chemicals Limited Buyback

Chambal Fertilisers and Chemicals Buyback 2024
Tender Offer

₹450.00

Buyback price per share

17 Jan, 2024

Last Date to buy shares

18 Jan, 2024

Record Date

24 Jan, 2024

Offer Opens

31 Jan, 2024

Offer Closes

31 Jan, 2024

Last Date for Tender Forms

06 Feb, 2024

Finalisation of Buyback Acceptance

07 Feb, 2024

Last Date for settlement of bids

16 Feb, 2024

Last Date for Extinguishment of Shares
About Chambal Fertilisers and Chemicals Limited Buyback Company

Incorporated in 1985, Chambal Fertilisers and Chemicals Ltd is an Indian agrochemicals manufacturing company established by the KK Birla Group. The company is based in Kota, Rajasthan and is one of the largest private sector fertilizer producers in India.

Chambal Fertilisers and Chemicals Ltd produces urea at three plants in the Gadepan area of Kota. The company also markets other fertilizers and agricultural inputs, such as di-ammonium phosphate (DAP) and muriate of potash.

Chambal Fertilisers and Chemicals Ltd's annual production of more than 3.4 million metric tons of urea accounts for nearly 15% of the total urea produced in India.

The company serves the farmers in ten states across the northern, eastern, central and western regions of India. It is the primary supplier of fertilizers in the states of Rajasthan, Madhya Pradesh, Punjab, and Haryana. The company boasts an extensive marketing network, comprising of 15 regional offices, 2,200 dealers and 22,000 village-level outlets.

The company has been recognized with the Sword of Honour award from the British Safety Council for two years in a row. Additionally, it has been granted ISO 14001 certification for Environment Management System Standard, ISO 9001 certification for Quality Management System Standard, and OHSAS 18001 certification for Occupational Health and Safety Management System Standard.

Read More
Chambal Fertilisers and Chemicals Limited Buyback Details
  • Security Name Chambal Fertilisers and Chemicals Limited
  • Buyback Price ₹450.00
  • Face Valuet ₹10.00
  • Listing at Group BSE,NSE
  • Lead Manager Axis Capital Limited
  • Issue Size 15,555,555 (3.74 % of Total number of equity Shares)
  • Buyback Docs Letter Of Offer
Chambal Fertilisers and Chemicals Limited Buyback Ratio
Categoryy Entitlement Ratio of Buyback Shares Offered
Reserved Category for Small Shareholders 1/14 2333334
General Category for all other Eligible Shareholders 1/29 13222221
Chambal Fertilisers and Chemicals Limited Buyback Company Financials
All values are in ₹ Cr.
31-Mar-23 31-Mar-22 31-Mar-21
Total Revenue 27,940.57 16,136.83 12,756.36
Net Worth 7,052.92 6,386.09 5,235.75
Reserves And Surplus -- -- --
Total Borrowing 3,335.27 4,323.09 3,918.41
Profit After Tax 1,033.79 1,566.06 1,747.59
Total Assets -- -- --
How to Participate in Chambal Fertilisers and Chemicals Limited Buyback?
Hold shares on Record Date
Firstly, to be eligible for the buyback the investor should have shares of Chambal Fertilisers and Chemicals Limited Buyback in Demat or physical form as on the record date Jan 18, 2024.
Tender via Broker or Exchange
Once you have shares in Demat, you can participate in the buyback process which is opening from Jan 24, 2024 by tendering your shares through your broker on BSE,NSE.
Receive Payment & Reversal
Then on Feb 16, 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 Chambal Fertilisers and Chemicals Limited Buyback Buyback 2026
Maximum market value of a share holder as on record date
₹200,000.00
Buyback price per share
₹450.00
Maximum share for small shareholders (200000/ 450)
444.44 share
Closing price of stock as of 2024-01-08
₹375.30
Maximum amount insted in buyback (₹375.30 x 444 shares)
₹166,800.00

* No. of shares stands to change according to the closing price on the record date

* For simplicity, we have considered the price on date Jan 8, 2024

Expected Profit from the Chambal Fertilisers and Chemicals Limited Buyback on the bases of acceptance Ratio:
Acceptance Ratio Amount Invested in Buyback No. of Shares Buyback Buyback Profit Profit%
33% ₹166,800.00 146 10906 6.54%
50% ₹166,800.00 222 16583 9.94%
75% ₹166,800.00 333 24875 14.91%
100% ₹166,800.00 444 33166 19.88%

Amount Invested in Buyback: ₹166,800.00

33% Acceptance Ratio
Shares Buyback: 146
Buyback Profit: 10906
Profit %: 6.54%
50% Acceptance Ratio
Shares Buyback: 222
Buyback Profit: 16583
Profit %: 9.94%
75% Acceptance Ratio
Shares Buyback: 333
Buyback Profit: 24875
Profit %: 14.91%
100% Acceptance Ratio
Shares Buyback: 444
Buyback Profit: 33166
Profit %: 19.88%
Chambal Fertilisers and Chemicals Limited Buyback - Necessity of the Objective

The Buyback is being undertaken for the following reasons:
The Buyback will help the Company to return surplus cash to its shareholders holding Equity Shares thereby, enhancing the overall return to shareholders;
The buyback will help the company to improve its capital structure by optimizing debt to equity ratio. It would also help in improving financial ratios such as earnings per share and return on equity.

Contact Details

Chambal Fertilisers and Chemicals Limited Buyback

Corporate One, First Floor, Commercial Centre, Jasola, New Delhi - 110 025

+91-744-2782915

corporate@chambal.in

https://chambalfertilisers.com/

Registrar Contact Details

Link Intime India Private Ltd

chambal.buyback2024@linkintime.co.in

+91-22-4918 6270

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