Insecticides (india) Ltd. Buyback
Insecticides (India) Buyback 2024
Tender Offer
₹1,000.00
Buyback price per share10 Sep, 2024
Last Date to buy shares11 Sep, 2024
Record Date18 Sep, 2024
Offer Opens24 Sep, 2024
Offer Closes24 Sep, 2024
Last Date for Tender Forms27 Sep, 2024
Finalisation of Buyback Acceptance01 Oct, 2024
Last Date for settlement of bids11 Oct, 2024
Last Date for Extinguishment of SharesAbout Insecticides (india) Ltd. Buyback Company
Insecticides India Limited (IILTD) is engaged in the manufacturing and supply of crop protection and household pesticide formulations.
The product range includes more than 80 types of insecticides, fungicides, weed killers, herbicides, and plant growth regulators for all types of crops as well as household pesticides. The best-selling insecticide brands are Lethal, Victor, Thimet, Indan 4g, and Kaiser.
Insecticides (india) Ltd. Buyback Details
- Security Name Insecticides (india) Ltd.
- Buyback Price ₹1,000.00
- Face Valuet ₹10.00
- Listing at Group BSE,NSE
- Lead Manager Sundae Capital Advisors
- Issue Size 500,000 (1.69 % of Total number of equity Shares)
- Buyback Docs Letter Of Offer
Insecticides (india) Ltd. Buyback Ratio
| Categoryy | Entitlement Ratio of Buyback | Shares Offered |
|---|---|---|
| Reserved Category for Small Shareholders | 7/81 | 75000 |
| General Category for all other Eligible Shareholders | 5/331 | 425000 |
Insecticides (india) Ltd. Buyback Company Financials
| 31-Mar-24 | 31-Mar-23 | 31-Mar-22 | |
|---|---|---|---|
| Total Assets | 1,709.76 | 1,693.68 | -- |
| Profit After Tax | 102.63 | 62.99 | -- |
| Reserves And Surplus | -- | -- | -- |
| Net Worth | -- | -- | -- |
| Total Borrowing | -- | -- | -- |
| Total Revenue | 1,975.89 | 1,802.59 | -- |
How to Participate in Insecticides (india) Ltd. Buyback?
Calculation of Investment in Insecticides (india) 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 30, 2024
Expected Profit from the Insecticides (india) Ltd. Buyback on the bases of acceptance Ratio:
| Acceptance Ratio | Amount Invested in Buyback | No. of Shares Buyback | Buyback Profit | Profit% |
|---|---|---|---|---|
| 33% | ₹188,202.00 | 66 | 3893 | 2.07% |
| 50% | ₹188,202.00 | 100 | 5899 | 3.13% |
| 75% | ₹188,202.00 | 150 | 8848 | 4.70% |
| 100% | ₹188,202.00 | 200 | 11798 | 6.27% |
Amount Invested in Buyback: ₹188,202.00
Insecticides (india) Ltd. Buyback - Necessity of the Objective
The Buyback will help the Company to return surplus cash to its shareholders holding Equity Shares broadly in proportion to their shareholding.
The buyback consists of a reservation for the small shareholder. The company believes that this reservation for small shareholders would benefit many public shareholders who would be classified as small shareholders.
The buyback may help in improving financial ratios like return on equity, by 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, who can choose to participate and get cash in lieu of Equity Shares or they may choose not to participate and enjoy a resultant increase in their percentage shareholding, post the Buyback offer.
Contact Details
Insecticides (india) Ltd. Buyback
404-402, Lusa Tower,Azadpur Commercial Complex,, Delhi - 110033
+911127679700
investor@insecticidesindia.com