Welspun Living Limited Buyback
Welspun Living Buyback 2024
Tender Offer
₹220.00
Buyback price per share02 Aug, 2024
Last Date to buy shares05 Aug, 2024
Record Date09 Aug, 2024
Offer Opens16 Aug, 2024
Offer Closes16 Aug, 2024
Last Date for Tender Forms22 Aug, 2024
Finalisation of Buyback Acceptance23 Aug, 2024
Last Date for settlement of bids03 Sep, 2024
Last Date for Extinguishment of SharesAbout Welspun Living Limited Buyback Company
Welspun Living Limited provides flooring solutions, modern textiles , e-commerce, hospitality, and wellness products.
The company's business verticals include:
Retailer Solutions: this includes a complete range of home textile products and services with a global distribution reach. The company has more than 30 unique patents such as Hyrgrocotton® and Wel-TrakTM.
Hospitality Solutions: Providing towels and home textiles for hotels, vacation rentals, spas/resorts, gyms, and health clubs.
Welspun Retail: Premium offerings under the 'Spaces' brand for the premium mass category and affordable quality offerings under the 'Welspun' brand for the mass market category.
Welspun Flooring: The company offers click-n-lock tiles, carpet tiles, carpeting, and artificial grass and has more than 50 distributors and over 500 retail outlets (B2C retail channels) with a pan-India geographical presence.
Advanced Textiles: Offers nonwoven solutions with 100% sustainable and biodegradable fabrics. The company also offers customized spun lace fabrics for specific functional requirements as well as wet wipes and cosmetic sheet masks.
Welspun Living Limited Buyback Details
- Security Name Welspun Living Limited
- Buyback Price ₹220.00
- Face Valuet ₹1.00
- Listing at Group BSE, NSE
- Lead Manager Dam Capital Advisors Ltd (Formerly Idfc Securities Ltd)
- Issue Size 12,655,970 (1.3 % of Total number of equity Shares)
- Buyback Docs Letter Of Offer
Welspun Living Limited Buyback Ratio
| Categoryy | Entitlement Ratio of Buyback | Shares Offered |
|---|---|---|
| Reserved Category for Small Shareholders | 3/44 | 1898396 |
| General Category for all other Eligible Shareholders | 1/88 | 10757574 |
Welspun Living Limited Buyback Company Financials
| 31-Mar-23 | 31-Mar-22 | 31-Mar-21 | |
|---|---|---|---|
| Total Assets | 8,650.08 | 9,436.85 | -- |
| Reserves And Surplus | -- | -- | -- |
| Total Borrowing | -- | -- | -- |
| Total Revenue | 8,215.10 | 9,377.31 | -- |
| Profit After Tax | 202.51 | 606.71 | -- |
| Net Worth | -- | -- | -- |
How to Participate in Welspun Living Limited Buyback?
Calculation of Investment in Welspun Living Limited 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 Jul 24, 2024
Expected Profit from the Welspun Living Limited Buyback on the bases of acceptance Ratio:
| Acceptance Ratio | Amount Invested in Buyback | No. of Shares Buyback | Buyback Profit | Profit% |
|---|---|---|---|---|
| 33% | ₹160,918.18 | 300 | 12897 | 8.01% |
| 50% | ₹160,918.18 | 454 | 19517 | 12.13% |
| 75% | ₹160,918.18 | 681 | 29276 | 18.19% |
| 100% | ₹160,918.18 | 909 | 39077 | 24.28% |
Amount Invested in Buyback: ₹160,918.18
Welspun Living Limited Buyback - Necessity of the Objective
he 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
Welspun Living Limited Buyback
Welspun City, Village Virsamedi, Taluka Anjar, District Kutch - 370110
+91 28 3666 1111
contact@welspun.com
Registrar Contact Details
Link Intime India Private Ltd
welspunliving.buyback2024@linkintime.co.in
+91-22-4918 6270