Welspun Living Limited Buyback
Welspun Living Buyback 2024
Tender Offer
₹220.00
Buyback price per shareAbout Welspun Living Limited Buyback
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 LimitedBuyback Price
₹220.00Face Value
₹1.00Listing at Group
BSE, NSELead Manager
Dam Capital Advisors Ltd (Formerly Idfc Securities Ltd)Buyback Docs
Letter Of OfferIssue Size
12,655,970 (1.3 % of Total number of equity Shares)Welspun Living Buyback 2024 Issue Timetable
| Last Date to buy shares | Record Date | Offer Opens On | Offer Closes On * |
| Aug 2, 2024 | Aug 5, 2024 | Aug 9, 2024 | Aug 16, 2024 |
| Last Date for receipt of Tender Forms | Finalisation of Buyback Acceptance | Last Date for settlement of bids | Last Date for Extinguishment of Shares |
| Aug 16, 2024 | Aug 22, 2024 | Aug 23, 2024 | Sep 3, 2024 |
Welspun Living Limited Buyback Ratio
| Category | Entitlement Ratio of Buyback | Shares Offered |
| Reserved Category for Small Shareholders | 3/44 | 1898396 |
| General Category for all other Eligible Shareholders | 1/88 | 10757574 |
Company Financials All values are in ₹ Cr.
| Period Ended | 31-Mar-23 | 31-Mar-22 | 31-Mar-21 |
|---|---|---|---|
| Total Assets | 8,650.08 | 9,436.85 | -- |
| Total Revenue | 8,215.10 | 9,377.31 | -- |
| Reserves And Surplus | -- | -- | -- |
| Net Worth | -- | -- | -- |
| Profit After Tax | 202.51 | 606.71 | -- |
| Total Borrowing | -- | -- | -- |
How to Participate in Welspun Living Limited Buyback?
1. Firstly, to be eligible for the buyback the investor should have shares of Welspun Living Limited Buyback in Demat or physical form as on the record date Aug 5, 2024.
2. Once you have shares in Demat, you can participate in the buyback process which is opening from Aug 9, 2024 by selling your shares through your broker on BSE, NSE.
3. Then on Sep 3, 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 Welspun Living Limited Buyback
Maximum market value of a share holder as on record date | ₹200,000.00 |
Buyback price per share | ₹220.00 |
Maximum share for small shareholders (200000/ 220) | 909.09 share |
Closing price of stock as of 2024-07-24 | ₹177.01 |
Maximum amount insted in buyback (₹177.01 x 909.0909090909091 shares) | ₹160,918.18 |
* 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 | 33% | 50% | 75% | 100% |
Amount Invested in Buyback | ₹160,918.18 | ₹160,918.18 | ₹160,918.18 | ₹160,918.18 |
No. of Shares Buyback | 300 | 454 | 681 | 909 |
Buyback Profit | 12897 | 19517 | 29276 | 39077 |
Profit% | 8.01% | 12.13% | 18.19% | 24.28% |
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.
Welspun Living Limited Buyback
Welspun City, Village Virsamedi, Taluka Anjar, District Kutch - 370110Email: contact@welspun.com
Phone: +91 28 3666 1111
Website: https://www.welspunliving.com/
Link Intime India Private Ltd
Email: welspunliving.buyback2024@linkintime.co.in
Phone: +91-22-4918 6270
Website: https://linkintime.co.in/initial_offer/public-issues.html
