KDDL Ltd Buyback
KDDL Buyback 2024
Tender Offer
₹3,700.00
Buyback price per shareAbout 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.
KDDL Ltd Buyback Details
Security Name
KDDL LtdBuyback Price
₹3,700.00Face Value
₹10.00Listing at Group
BSE, NSELead Manager
Buyback Docs
Letter Of OfferIssue Size
237,837 ( % of Total number of equity Shares)KDDL Buyback 2024 Issue Timetable
| Last Date to buy shares | Record Date | Offer Opens On | Offer Closes On * |
| Aug 23, 2024 | Aug 27, 2024 | Sep 2, 2024 | Sep 6, 2024 |
| Last Date for receipt of Tender Forms | Finalisation of Buyback Acceptance | Last Date for settlement of bids | Last Date for Extinguishment of Shares |
| Sep 6, 2024 | Sep 12, 2024 | Sep 13, 2024 | Sep 24, 2024 |
KDDL Ltd Buyback Ratio
| Category | Entitlement Ratio of Buyback | Shares Offered |
| Reserved Category for Small Shareholders | 5/58 | 35676 |
| General Category for all other Eligible Shareholders | 9/540 | 202161 |
Company Financials All values are in ₹ Cr.
| Period Ended | 31-Mar-23 | 31-Mar-22 | 31-Mar-21 |
|---|---|---|---|
| Profit After Tax | 76.98 | 37.20 | 6.97 |
| Total Assets | 1,160.53 | 739.46 | 617.54 |
| Total Revenue | 1,138.76 | 831.58 | 567.24 |
| Total Borrowing | 127.55 | 154.98 | 155.82 |
| Net Worth | -- | -- | -- |
| Reserves And Surplus | 240.61 | 203.75 | 161.29 |
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 tendering 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 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
KDDL Ltd Buyback
Kamla Centre, SCO 88-89, Sector 8-C, Chandigarh - 160009Email: info@kddl.com
Phone: +91 172 2548223
Website: ttps://www.kddl.com/
