Zydus Lifesciences Limited Buyback
Zydus Lifesciences Buyback 2024
Tender Offer
₹1,005.00
Buyback price per shareAbout Zydus Lifesciences Limited Buyback
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.
Zydus Lifesciences Limited Buyback Details
Security Name
Zydus Lifesciences LimitedBuyback Price
₹1,005.00Face Value
₹1.00Listing at Group
BSE, NSELead Manager
ICICI Securities LimitedBuyback Docs
Letter Of OfferIssue Size
5,970,149 (0.59 % of Total number of equity Shares)Zydus Lifesciences Buyback 2024 Issue Timetable
| Last Date to buy shares | Record Date | Offer Opens On | Offer Closes On * |
| Feb 22, 2024 | Feb 23, 2024 | Feb 29, 2024 | Mar 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 |
| Mar 6, 2024 | Mar 13, 2024 | Mar 14, 2024 | Mar 26, 2024 |
Zydus Lifesciences Limited Buyback Ratio
| Category | Entitlement Ratio of Buyback | Shares Offered |
| Reserved Category for Small Shareholders | 6/67 | 895523 |
| General Category for all other Eligible Shareholders | 2/395 | 5074626 |
Company Financials All values are in ₹ Cr.
| Period Ended | 31-Mar-23 | 31-Mar-22 | 31-Mar-21 |
|---|---|---|---|
| Total Assets | -- | -- | -- |
| Net Worth | 17,515.80 | 16,999.60 | 12,992.30 |
| Profit After Tax | 1,529.20 | 857.90 | 1,476.20 |
| Total Revenue | 9,553.50 | 8,160.60 | 7,869.30 |
| Reserves And Surplus | 1,801.75 | -- | -- |
| Total Borrowing | 1,163.20 | 4,196.00 | 4,583.50 |
How to Participate in Zydus Lifesciences Limited Buyback?
1. 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.
2. Once you have shares in Demat, you can participate in the buyback process which is opening from Feb 29, 2024 by selling your shares through your broker on BSE, NSE.
3. 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
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 199.00497512437812 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 | 33% | 50% | 75% | 100% |
Amount Invested in Buyback | ₹159,572.14 | ₹159,572.14 | ₹159,572.14 | ₹159,572.14 |
No. of Shares Buyback | 65 | 99 | 149 | 199 |
Buyback Profit | 13204 | 20111 | 30269 | 40426 |
Profit% | 8.27% | 12.60% | 18.97% | 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.
Zydus Lifesciences Limited Buyback
Zydus Corporate Park, Scheme No. 63, Khoraj (Gandhinagar), 536, Sarkhej-Gandhinagar Hwy, Near Vaishnodevi Circle, Ahmedabad 382481Email: dhavalsoni@zyduslife.com
Phone: +91-79-71800000
Website: https://zyduslife.com/index
Link Intime India Private Ltd
Email: zyduslife.buyback2024@linkintime.co.in
Phone: +91-22-4918 6270
Website: https://linkintime.co.in/initial_offer/public-issues.html
