Chambal Fertilisers and Chemicals Limited Buyback
Chambal Fertilisers and Chemicals Buyback 2024
Tender Offer
₹450.00
Buyback price per shareAbout Chambal Fertilisers and Chemicals Limited Buyback
Incorporated in 1985, Chambal Fertilisers and Chemicals Ltd is an Indian agrochemicals manufacturing company established by the KK Birla Group. The company is based in Kota, Rajasthan and is one of the largest private sector fertilizer producers in India.
Chambal Fertilisers and Chemicals Ltd produces urea at three plants in the Gadepan area of Kota. The company also markets other fertilizers and agricultural inputs, such as di-ammonium phosphate (DAP) and muriate of potash.
Chambal Fertilisers and Chemicals Ltd's annual production of more than 3.4 million metric tons of urea accounts for nearly 15% of the total urea produced in India.
The company serves the farmers in ten states across the northern, eastern, central and western regions of India. It is the primary supplier of fertilizers in the states of Rajasthan, Madhya Pradesh, Punjab, and Haryana. The company boasts an extensive marketing network, comprising of 15 regional offices, 2,200 dealers and 22,000 village-level outlets.
The company has been recognized with the Sword of Honour award from the British Safety Council for two years in a row. Additionally, it has been granted ISO 14001 certification for Environment Management System Standard, ISO 9001 certification for Quality Management System Standard, and OHSAS 18001 certification for Occupational Health and Safety Management System Standard.
Chambal Fertilisers and Chemicals Limited Buyback Details
Security Name
Chambal Fertilisers and Chemicals LimitedBuyback Price
₹450.00Face Value
₹10.00Listing at Group
BSE,NSELead Manager
Axis Capital LimitedBuyback Docs
Letter Of OfferIssue Size
15,555,555 (3.74 % of Total number of equity Shares)Chambal Fertilisers and Chemicals Buyback 2024 Issue Timetable
| Last Date to buy shares | Record Date | Offer Opens On | Offer Closes On * |
| Jan 17, 2024 | Jan 18, 2024 | Jan 24, 2024 | Jan 31, 2024 |
| Last Date for receipt of Tender Forms | Finalisation of Buyback Acceptance | Last Date for settlement of bids | Last Date for Extinguishment of Shares |
| Jan 31, 2024 | Feb 6, 2024 | Feb 7, 2024 | Feb 16, 2024 |
Chambal Fertilisers and Chemicals Limited Buyback Ratio
| Category | Entitlement Ratio of Buyback | Shares Offered |
| Reserved Category for Small Shareholders | 1/14 | 2333334 |
| General Category for all other Eligible Shareholders | 1/29 | 13222221 |
Company Financials All values are in ₹ Cr.
| Period Ended | 31-Mar-23 | 31-Mar-22 | 31-Mar-21 |
|---|---|---|---|
| Reserves And Surplus | -- | -- | -- |
| Net Worth | 7,052.92 | 6,386.09 | 5,235.75 |
| Total Assets | -- | -- | -- |
| Total Borrowing | 3,335.27 | 4,323.09 | 3,918.41 |
| Total Revenue | 27,940.57 | 16,136.83 | 12,756.36 |
| Profit After Tax | 1,033.79 | 1,566.06 | 1,747.59 |
How to Participate in Chambal Fertilisers and Chemicals Limited Buyback?
1. Firstly, to be eligible for the buyback the investor should have shares of Chambal Fertilisers and Chemicals Limited Buyback in Demat or physical form as on the record date Jan 18, 2024.
2. Once you have shares in Demat, you can participate in the buyback process which is opening from Jan 24, 2024 by selling your shares through your broker on BSE,NSE.
3. Then on Feb 16, 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 Chambal Fertilisers and Chemicals Limited Buyback
Maximum market value of a share holder as on record date | ₹200,000.00 |
Buyback price per share | ₹450.00 |
Maximum share for small shareholders (200000/ 450) | 444.44 share |
Closing price of stock as of 2024-01-08 | ₹375.30 |
Maximum amount insted in buyback (₹375.30 x 444.44444444444446 shares) | ₹166,800.00 |
* No. of shares stands to change according to the closing price on the record date
* For simplicity, we have considered the price on date Jan 8, 2024
Expected Profit from the Chambal Fertilisers and Chemicals Limited Buyback on the bases of acceptance Ratio:
Acceptance Ratio | 33% | 50% | 75% | 100% |
Amount Invested in Buyback | ₹166,800.00 | ₹166,800.00 | ₹166,800.00 | ₹166,800.00 |
No. of Shares Buyback | 146 | 222 | 333 | 444 |
Buyback Profit | 10906 | 16583 | 24875 | 33166 |
Profit% | 6.54% | 9.94% | 14.91% | 19.88% |
Chambal Fertilisers and Chemicals Limited Buyback - Necessity of the Objective
The Buyback is being undertaken for the following reasons:
The Buyback will help the Company to return surplus cash to its shareholders holding Equity Shares thereby, enhancing the overall return to shareholders;
The buyback will help the company to improve its capital structure by optimizing debt to equity ratio. It would also help in improving financial ratios such as earnings per share and return on equity.
Chambal Fertilisers and Chemicals Limited Buyback
Corporate One, First Floor, Commercial Centre, Jasola, New Delhi - 110 025Email: corporate@chambal.in
Phone: +91-744-2782915
Website: https://chambalfertilisers.com/
Link Intime India Private Ltd
Email: chambal.buyback2024@linkintime.co.in
Phone: +91-22-4918 6270
Website: https://linkintime.co.in/initial_offer/public-issues.html
