Zydus Lifesciences Buyback 2024

Zydus Lifesciences Limited Buyback

Zydus Lifesciences Buyback 2024
Tender Offer

₹1,005.00

Buyback price per share

22 Feb, 2024

Last Date to buy shares

23 Feb, 2024

Record Date

29 Feb, 2024

Offer Opens

06 Mar, 2024

Offer Closes

06 Mar, 2024

Last Date for Tender Forms

13 Mar, 2024

Finalisation of Buyback Acceptance

14 Mar, 2024

Last Date for settlement of bids

26 Mar, 2024

Last Date for Extinguishment of Shares
About Zydus Lifesciences Limited Buyback Company

Zydus Lifesciences Limited is a leading Indian Pharmaceutical company that offers healthcare services globally.

The company manufactures formulations, APIs, vaccines, biosimilars, complex products (transdermals, topical etc.), animal health products as well as wellness products.

Zydus Lifesciences Limited has more than 30 manufacturing plants worldwide including India, Germany, Brazil & USA. Zydus Lifesciences Limited is the fourth largest pharmaceutical company in India. Zydus Lifesciences was formerly known as Cadila Healthcare Limited.

Read More
Zydus Lifesciences Limited Buyback Details
  • Security Name Zydus Lifesciences Limited
  • Buyback Price ₹1,005.00
  • Face Valuet ₹1.00
  • Listing at Group BSE, NSE
  • Lead Manager ICICI Securities Limited
  • Issue Size 5,970,149 (0.59 % of Total number of equity Shares)
  • Buyback Docs Letter Of Offer
Zydus Lifesciences Limited Buyback Ratio
Categoryy Entitlement Ratio of Buyback Shares Offered
Reserved Category for Small Shareholders 6/67 895523
General Category for all other Eligible Shareholders 2/395 5074626
Zydus Lifesciences Limited Buyback Company Financials
All values are in ₹ Cr.
31-Mar-23 31-Mar-22 31-Mar-21
Profit After Tax 1,529.20 857.90 1,476.20
Reserves And Surplus 1,801.75 -- --
Net Worth 17,515.80 16,999.60 12,992.30
Total Assets -- -- --
Total Borrowing 1,163.20 4,196.00 4,583.50
Total Revenue 9,553.50 8,160.60 7,869.30
How to Participate in Zydus Lifesciences Limited Buyback?
Hold shares on Record Date
Firstly, to be eligible for the buyback the investor should have shares of Zydus Lifesciences Limited Buyback in Demat or physical form as on the record date Feb 23, 2024.
Tender via Broker or Exchange
Once you have shares in Demat, you can participate in the buyback process which is opening from Feb 29, 2024 by tendering your shares through your broker on BSE, NSE.
Receive Payment & Reversal
Then on Mar 26, 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 Zydus Lifesciences Limited Buyback Buyback 2026
Maximum market value of a share holder as on record date
₹200,000.00
Buyback price per share
₹1,005.00
Maximum share for small shareholders (200000/ 1005)
199.00 share
Closing price of stock as of 2024-02-09
₹801.85
Maximum amount insted in buyback (₹801.85 x 199 shares)
₹159,572.14

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

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

Expected Profit from the Zydus Lifesciences Limited Buyback on the bases of acceptance Ratio:
Acceptance Ratio Amount Invested in Buyback No. of Shares Buyback Buyback Profit Profit%
33% ₹159,572.14 65 13204 8.27%
50% ₹159,572.14 99 20111 12.60%
75% ₹159,572.14 149 30269 18.97%
100% ₹159,572.14 199 40426 25.33%

Amount Invested in Buyback: ₹159,572.14

33% Acceptance Ratio
Shares Buyback: 65
Buyback Profit: 13204
Profit %: 8.27%
50% Acceptance Ratio
Shares Buyback: 99
Buyback Profit: 20111
Profit %: 12.60%
75% Acceptance Ratio
Shares Buyback: 149
Buyback Profit: 30269
Profit %: 18.97%
100% Acceptance Ratio
Shares Buyback: 199
Buyback Profit: 40426
Profit %: 25.33%
Zydus Lifesciences Limited Buyback - Necessity of the Objective

The Buyback will help the company to distribute a part of the surplus cash to its shareholders holding equity shares thereby, optimizing returns to the shareholders and enhancing the overall shareholders' value in the longer term, and improving the return on equity.

Contact Details

Zydus Lifesciences Limited Buyback

Zydus Corporate Park, Scheme No. 63, Khoraj (Gandhinagar), 536, Sarkhej-Gandhinagar Hwy, Near Vaishnodevi Circle, Ahmedabad 382481

+91-79-71800000

dhavalsoni@zyduslife.com

https://zyduslife.com/index

Registrar Contact Details

Link Intime India Private Ltd

zyduslife.buyback2024@linkintime.co.in

+91-22-4918 6270

https://linkintime.co.in/initial_offer/public-issues.html