Closed Buyback

Closed Buyback in India 2026.

AIA Engineering Buyback 2024

Aug 26, 2024 – Aug 30, 2024
Tender Offer
Record Date Aug 20, 2024
Issue Date Aug 26, 2024
Close Date Aug 30, 2024
Buyback Price ₹5,000.00
Issue Size 1,000,000 (1.06 % of Total number of equity Shares) (₹500.00 Crores)

Chaman Lal Setia Exports Buyback 2024

Aug 23, 2024 – Aug 29, 2024
Tender Offer
Record Date Aug 19, 2024
Issue Date Aug 23, 2024
Close Date Aug 29, 2024
Buyback Price ₹300.00
Issue Size 2,007,930 (9.5 % of Total number of equity Shares) (₹60.24 Crores)

Dhanuka Agritech Buyback 2024

Aug 22, 2024 – Aug 28, 2024
Tender Offer
Record Date Aug 16, 2024
Issue Date Aug 22, 2024
Close Date Aug 28, 2024
Buyback Price ₹2,000.00
Issue Size 500,000 (1.1 % of Total number of equity Shares) (₹100 Crores)

Savita Oil Technologies Buyback 2024

Aug 22, 2024 – Aug 28, 2024
Tender Offer
Record Date Aug 16, 2024
Issue Date Aug 22, 2024
Close Date Aug 28, 2024
Buyback Price ₹675.00
Issue Size 540,000 ( % of Total number of equity Shares) (₹36.45 Crores)

CERA Sanitaryware Buyback 2024

Aug 22, 2024 – Aug 28, 2024
Tender Offer
Record Date Aug 16, 2024
Issue Date Aug 22, 2024
Close Date Aug 28, 2024
Buyback Price ₹12,000.00
Issue Size 108,333 (0.83 % of Total number of equity Shares) (₹130.00 Crores)

Ttk Prestige Buyback 2024

Aug 21, 2024 – Aug 27, 2024
Tender Offer
Record Date Aug 14, 2024
Issue Date Aug 21, 2024
Close Date Aug 27, 2024
Buyback Price ₹1,200.00
Issue Size 1,666,666 (1.2 % of Total number of equity Shares) (₹200 Crores)

Navneet Education Buyback 2024

Aug 20, 2024 – Aug 26, 2024
Tender Offer
Record Date Aug 13, 2024
Issue Date Aug 20, 2024
Close Date Aug 26, 2024
Buyback Price ₹200.00
Issue Size 5,000,000( % of Total number of equity Shares) (₹100 Crores)

Indus Towers Buyback 2024

Aug 14, 2024 – Aug 21, 2024
Tender Offer
Record Date Aug 9, 2024
Issue Date Aug 14, 2024
Close Date Aug 21, 2024
Buyback Price ₹465.00
Issue Size 5,67,74,193 ( % of Total number of equity Shares) (₹2,640 Crores)

Welspun Living Buyback 2024

Aug 9, 2024 – Aug 16, 2024
Tender Offer
Record Date Aug 5, 2024
Issue Date Aug 9, 2024
Close Date Aug 16, 2024
Buyback Price ₹220.00
Issue Size 12,655,970 (1.3 % of Total number of equity Shares) (₹278.43 Crores)

Aurobindo Pharma Buyback 2024

Aug 5, 2024 – Aug 9, 2024
Tender Offer
Record Date Jul 30, 2024
Issue Date Aug 5, 2024
Close Date Aug 9, 2024
Buyback Price ₹1,460.00
Issue Size 51,36,986 ( 0.88% of Total number of equity Shares) (₹750.00 Crores)

eClerx Services Buyback 2024

Jul 9, 2024 – Jul 15, 2024
Tender Offer
Record Date Jul 4, 2024
Issue Date Jul 9, 2024
Close Date Jul 15, 2024
Buyback Price ₹2,800.00
Issue Size 1,375,000 (2.8 % of Total number of equity Shares) (₹385.00 Crores)

Bajaj Consumer Care Buyback 2024

Jul 5, 2024 – Jul 11, 2024
Tender Offer
Record Date Jul 2, 2024
Issue Date Jul 5, 2024
Close Date Jul 11, 2024
Buyback Price ₹290.00
Issue Size 5,741,000 (4.02 % of Total number of equity Shares) (₹166.49 Crores)

Godawari Power and Ispat Buyback 2024

Jul 4, 2024 – Jul 10, 2024
Tender Offer
Record Date Jun 28, 2024
Issue Date Jul 4, 2024
Close Date Jul 10, 2024
Buyback Price ₹1,400.00
Issue Size 215,000 (1.64 % of Total number of equity Shares) (₹30.10 Crores)

Cheviot Company Buyback 2024

Jun 20, 2024 – Jun 26, 2024
Tender Offer
Record Date Jun 14, 2024
Issue Date Jun 20, 2024
Close Date Jun 26, 2024
Buyback Price ₹1,800.00
Issue Size 175,000 (2.91 % of Total number of equity Shares) (₹31.50 Crores)

Sharda Motor Industries Buyback 2024

Jun 11, 2024 – Jun 18, 2024
Tender Offer
Record Date Jun 5, 2024
Issue Date Jun 11, 2024
Close Date Jun 18, 2024
Buyback Price ₹1,800.00
Issue Size 1,027,777 (3.46% of Total number of equity Shares) (₹185 Crores)

Anand Rathi Buyback 2024

Jun 7, 2024 – Jun 13, 2024
Tender Offer
Record Date Jun 3, 2024
Issue Date Jun 7, 2024
Close Date Jun 13, 2024
Buyback Price ₹4,450.00
Issue Size 370,000 (0.88 % of Total number of equity Shares) (₹164.65 Crores)

Ajanta Pharma Buyback 2024

Jun 5, 2024 – Jun 11, 2024
Tender Offer
Record Date May 30, 2024
Issue Date Jun 5, 2024
Close Date Jun 11, 2024
Buyback Price ₹2,770.00
Issue Size 1,028,881 (0.82 % of Total number of equity Shares) (₹285 Crores)

Tips Industries Buyback 2024

Apr 26, 2024 – May 3, 2024
Tender Offer
Record Date Apr 22, 2024
Issue Date Apr 26, 2024
Close Date May 3, 2024
Buyback Price ₹625.00
Issue Size 595,000 (0.46 % of Total number of equity Shares) (₹37.19 Crores)

Freshtrop Fruits Buyback 2024

Apr 8, 2024 – Apr 16, 2024
Tender Offer
Record Date Apr 2, 2024
Issue Date Apr 8, 2024
Close Date Apr 16, 2024
Buyback Price ₹175.00
Issue Size 1,925,000 (19.45 % of Total number of equity Shares) (₹33.69 Crores)

Garware Technical Fibres Buyback 2024

Apr 1, 2024 – Apr 5, 2024
Tender Offer
Record Date Mar 26, 2024
Issue Date Apr 1, 2024
Close Date Apr 5, 2024
Buyback Price ₹3,800.00
Issue Size 525,000 (₹199.50 Crores)

About Share Buybacks

Share buybacks are one of the strategic financial tools used by companies to optimize their capital structure, enhance shareholder value, and project confidence in their business. Here we have gone deeply into the details of share buybacks, including their benefits, process, and the latest updates on upcoming buybacks in India.

What is a Share Buyback?

A share buyback, also referred to as a repurchase of stocks, is one where a company buys its shares from existing shareholders. That can be done either through a tender offer route or an open market purchase.

Key Insight

Buybacks are often read as an indication that the company believes its shares are cheaper than the price at which they are trading, and this always bodes well for the outlook of the stock. Important information: the buyback price, record date, and acceptance ratio all find their way into the process.

Types of Share Buybacks

Tender Offer

The firm offers to buy shares at the defined buyback price, which is usually more than the current market price. Shareholders have to tender their shares during the offer period.

Open Market Purchase

The firm purchases shares directly from the market through prevailing prices over a certain period. Both types are usually covered in the upcoming details that companies share with shareholders.

Reasons for Share Buybacks

Companies initiate buybacks for several strategic reasons that benefit both the company and shareholders:

1

Return Excess Cash

To return excess cash to shareholders when the company has surplus funds and limited profitable investment opportunities.

2

Enhance EPS

To enhance earnings per share (EPS) by decreasing the outstanding shares, making the stock more attractive to investors.

3

Consolidate Ownership

To consolidate ownership and increase shareholder confidence by reducing the number of shares in circulation.

4

Signal Undervaluation

To convey that the company believes in its undervalued stock and has confidence in future performance.

These are some of the reasons behind the announcements of buybacks in the near future.

How IPO Ji Simplifies Buyback Tracking

At IPO Ji, we provide comprehensive buyback tracking and analysis tools:

Real-time Updates

Get live updates on upcoming buybacks with instant notifications

Comprehensive Insights

Detailed analysis of buyback shares, eligibility criteria, and profit potential

Timely Notifications

Alerts for record date, offer date open, and offer date closed

Maximum Returns

Latest buyback updates to help you extract maximum returns with minimal effort

Benefits & Considerations

Benefits for Investors

  • Immediate Returns: Often offered at premium to market price
  • Tax Efficiency: May be more tax-efficient than dividends
  • Increased Ownership: Remaining shareholders get higher ownership percentage
  • EPS Enhancement: Earnings per share typically increases

Key Considerations

  • Opportunity Cost: Company might have better investment options
  • Market Timing: Buyback timing may not always be optimal
  • Acceptance Ratio: You may not get full allocation in oversubscribed buybacks
  • Tax Implications: Consider capital gains tax on buyback proceeds

Key Buyback Information to Track

Record Date

Buyback Price

Acceptance Ratio

Offer Period

Buyback Size

Eligibility Criteria

Stay updated with all buyback details and maximize your investment returns with IPO Ji's comprehensive tracking system!

Documents Required for Buyback Participation

1

Active Demat Account

2

Valid PAN Card

3

Share Holdings as on Record Date

4

Bank Account Details