KDDL Buyback 2024

KDDL Ltd Buyback

KDDL Buyback 2024
Tender Offer

₹3,700.00

Buyback price per share

About KDDL Ltd Buyback

KDDL Limited is engaged in the manufacturing of watch components and precision engineering products. It has been a manufacturer of watch components for over three decades.

KDDL supplies watch components to domestic and international luxury watch brands. KDDL Limited recently acquired Estima AG, an established maker of watch hands in Switzerland.

KDDL caters to various industries like automobile, electrical and electronics, consumer durables, industrial engineering, instrumentation, aerospace, and defence industry through precision engineering products like electrical connectors and terminals, components of relays for aerospace applications, electrical switch gears, cell phone chargers, battery and components for the automobile sector, etc.

KDDL also manufactures ornamental packaging boxes for watches, jewellery, and writing instruments.

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KDDL Ltd Buyback Details

Security Name

KDDL Ltd

Buyback Price

₹3,700.00

Face Value

₹10.00

Listing at Group

BSE, NSE

Lead Manager

Buyback Docs

Letter Of Offer

Issue Size

237,837 ( % of Total number of equity Shares)

KDDL Buyback 2024 Issue Timetable

Last Date to buy sharesRecord DateOffer Opens OnOffer Closes On *
Aug 23, 2024Aug 27, 2024Sep 2, 2024Sep 6, 2024
Last Date for receipt of Tender FormsFinalisation of Buyback AcceptanceLast Date for settlement of bidsLast Date for Extinguishment of Shares
Sep 6, 2024Sep 12, 2024Sep 13, 2024Sep 24, 2024

KDDL Ltd Buyback Ratio

CategoryEntitlement Ratio of BuybackShares Offered
Reserved Category for Small Shareholders5/5835676
General Category for all other Eligible Shareholders9/540202161

Company Financials All values are in ₹ Cr.

Period Ended31-Mar-2331-Mar-2231-Mar-21
Total Borrowing127.55154.98155.82
Net Worth------
Profit After Tax76.9837.206.97
Total Revenue1,138.76831.58567.24
Total Assets1,160.53739.46617.54
Reserves And Surplus240.61203.75161.29

How to Participate in KDDL Ltd Buyback?

1. Firstly, to be eligible for the buyback the investor should have shares of KDDL Ltd Buyback in Demat or physical form as on the record date Aug 27, 2024.

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

3. Then on Sep 24, 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 KDDL Ltd Buyback

Maximum market value of a share holder as on record date

₹200,000.00

Buyback price per share

₹3,700.00

Maximum share for small shareholders (200000/ 3700)

54.05 share

Closing price of stock as of 2024-07-09

₹3,294.70

Maximum amount insted in buyback (₹3,294.70 x 54.054054054054056 shares)

₹178,091.89

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

* For simplicity, we have considered the price on date Jul 9, 2024


Expected Profit from the KDDL Ltd Buyback on the bases of acceptance Ratio:

Acceptance Ratio

33%

50%

75%

100%

Amount Invested in Buyback

₹178,091.89

₹178,091.89

₹178,091.89

₹178,091.89

No. of Shares Buyback

17

27

40

54

Buyback Profit

6890

10943

16212

21886

Profit%

3.87%

6.14%

9.10%

12.29%

KDDL Ltd Buyback - Necessity of the Objective

Company Contact Information

KDDL Ltd Buyback

Kamla Centre, SCO 88-89, Sector 8-C, Chandigarh - 160009

Email: info@kddl.com

Phone: +91 172 2548223

Website: ttps://www.kddl.com/