Insecticides (India) Buyback 2024

Insecticides (india) Ltd. Buyback

Insecticides (India) Buyback 2024
Tender Offer

₹1,000.00

Buyback price per share

About Insecticides (india) Ltd. Buyback

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.

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Insecticides (india) Ltd. Buyback Details

Security Name

Insecticides (india) Ltd.

Buyback Price

₹1,000.00

Face Value

₹10.00

Listing at Group

BSE,NSE

Lead Manager

Sundae Capital Advisors

Buyback Docs

Letter Of Offer

Issue Size

500,000 (1.69 % of Total number of equity Shares)

Insecticides (India) Buyback 2024 Issue Timetable

Last Date to buy sharesRecord DateOffer Opens OnOffer Closes On *
Sep 10, 2024Sep 11, 2024Sep 18, 2024Sep 24, 2024
Last Date for receipt of Tender FormsFinalisation of Buyback AcceptanceLast Date for settlement of bidsLast Date for Extinguishment of Shares
Sep 24, 2024Sep 27, 2024Oct 1, 2024Oct 11, 2024

Insecticides (india) Ltd. Buyback Ratio

CategoryEntitlement Ratio of BuybackShares Offered
Reserved Category for Small Shareholders7/8175000
General Category for all other Eligible Shareholders5/331425000

Company Financials All values are in ₹ Cr.

Period Ended31-Mar-2431-Mar-2331-Mar-22
Total Borrowing------
Profit After Tax102.6362.99--
Total Assets1,709.761,693.68--
Reserves And Surplus------
Net Worth------
Total Revenue1,975.891,802.59--

How to Participate in Insecticides (india) Ltd. Buyback?

1. Firstly, to be eligible for the buyback the investor should have shares of Insecticides (india) Ltd. Buyback in Demat or physical form as on the record date Sep 11, 2024.

2. Once you have shares in Demat, you can participate in the buyback process which is opening from Sep 18, 2024 by selling your shares through your broker on BSE,NSE.

3. Then on Oct 11, 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 Insecticides (india) Ltd. Buyback

Maximum market value of a share holder as on record date

₹200,000.00

Buyback price per share

₹1,000.00

Maximum share for small shareholders (200000/ 1000)

200.00 share

Closing price of stock as of 2024-08-30

₹941.01

Maximum amount insted in buyback (₹941.01 x 200 shares)

₹188,202.00

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

* For simplicity, we have considered the price on date Aug 30, 2024


Expected Profit from the Insecticides (india) Ltd. Buyback on the bases of acceptance Ratio:

Acceptance Ratio

33%

50%

75%

100%

Amount Invested in Buyback

₹188,202.00

₹188,202.00

₹188,202.00

₹188,202.00

No. of Shares Buyback

66

100

150

200

Buyback Profit

3893

5899

8848

11798

Profit%

2.07%

3.13%

4.70%

6.27%

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.

Company Contact Information

Insecticides (india) Ltd. Buyback

404-402, Lusa Tower,Azadpur Commercial Complex,, Delhi - 110033

Email: investor@insecticidesindia.com

Phone: +911127679700

Website: https://insecticidesindia.in/

Insecticides (India) Buyback 2024 Registrar

Alankit Assignments Ltd

Email: iiil.buyback@alankit.com

Phone: (011) 4254 1234

Website: http://ipo.alankit.com/