Loading...
Apr 7, 2022 - May 9, 2022

Atul Limited Buyback (Atul Limited Buyback) Detail

Atul Ltd is an integrated chemical provider company in India. It manufactures about 1,350 products and formulations through its state-of-the-art facilities. The business serves around 4000 customers across 30 countries all over the world.

The company also has subsidiaries in the USA, UK, China, Brazil, and the UAE. It has established a joint venture with renowned multi-national companies like American Cyanamid Company (now a part of BASF AG and Pfizer Inc), Imperial Chemical Industries plc (now a part of Akzo Nobel and Astra Zeneca plc), and Ciba-Geigy Ltd (now a part of BASF AG and Huntsman Corporation).

Atul Limited Buyback Detail

Issue PeriodApr 7, 2022 - May 9, 2022
Security NameAtul Limited
Issue TypeOpen Market Through Stock Exchange
Issue Size (Amount)₹70.00 Crores
Buyback Price₹11000 per share
Face Value₹10 per share
Listing AtBSE, NSE

Company Financials

Summary of financial Information (Consolidated)
Particulars For the year/period ended (Rs. in Crores)
  31-Mar-21 31-Mar-20 31-Mar-19
Total Income 3,834.45 4,171.10 4,072.67
Profit After Tax 660.02 670.91 436.02
Net Worth 3,826.52 3,154.90 2,705.71

Stock price at BSE (in preceding 3 months)

Month High Price Low Price Average Price
Feb-2022 9852.1 8627.9 9361.13
Jan-2022 10859 8966.8 9709.73
Dec-2021 9121.75 8302.3 8787.72

Stock price at NSE (in preceding 3 months)

Month High Price Low Price Average Price
Feb-2022 9899.95 8622.05 9359.34
Jan-2022 10856.8 8964.05 9714.97
Dec-2021 9124.7 8313.45 8784.29

Necessity of the Issue

The Buy-back aims to:

1. Return surplus funds to the equity shareholders of the Company.

2. Improve earnings per share by reducing the equity base, thereby leading to a long-term increase in the value of shareholders.

Atul Limited Buyback Documents

Atul Limited Buyback Rating

7
3.0
Rating:Rated 3.0 stars
Vote Here ...

Atul Limited Buyback Reviews

Sorry, we couldn't find any reviews, please check back later.

Company Contact Information

Atul Limited
Atul House,
G I Patel Marg,
Ahmedabad 380 014

Phone: (+91 79) 26461294
Email: shareholders@atul.co.in
Website: https://www.atul.co.in/

Atul Limited Buyback Registrar

  1. Link Intime India Private Ltd
       Link Intime India Private Ltd
       C 101, 247 Park, L.B.S.Marg,
       Vikhroli (West), Mumbai - 400083

    Phone: +91-22-4918 6270
    Email: nilesh.dalwadi@linkintime.co.in
    Website: https://linkintime.co.in/

Atul Limited Buyback Manager

Lead Manager(s)

  1. Vivro Financial Services Private Limited

Registered Broker

  1. Edelweiss Broking Limited
    Email: manoj.rawal@edelweiss.in

Find Atul Limited Buyback Latest Update

Atul Limited Buyback FAQs

The Atul Limited Buyback opens on Apr 7, 2022, and closes on May 9, 2022.

The Atul Limited Buyback is a Open Market Through Stock Exchange.

Atul Limited Buyback Schedule

Buyback Opening DateApr 7, 2022
Buyback Closing DateMay 9, 2022
Last date for acceptance of sharesUpon relevant pay-out by the Stock exchange

The Atul Limited Buyback is being offered at Rs ₹11000 per share per equity share.

There is no ratio applicable in case of open market offer through stock exchange mechanism.

There is no concept of record date in case of open market through stock exchange mechanism.

The Atul Limited Buyback has announced a buyback for an aggregate amount of not more than Rs. ₹70.00 Crores with pricing of Rs.₹11000 per share.

The Buy-back aims to:

1. Return surplus funds to the equity shareholders of the Company.

2. Improve earnings per share by reducing the equity base, thereby leading to a long-term increase in the value of shareholders.

Any equity shareholder holding the shares in Demat form can participate in the buyback offer through their stockbroker. The physical shareholder can participate only once the shares get converted into a Dematerialized form.

The shareholder needs to inform their broker on the details of the Equity shares they wish to sell. The broker will place a sell order whenever the company places a buy order for the buyback. The trade would get executed at the offer price or lesser only when the price offered by the shareholder matches with the buy order placed by the company.

The Atul Limited Buyback offers an opportunity for the shareholders to exit their positions at a premium price. In case you stay invested you would have an increased percentage of shareholding in the company and improved earnings per share. Thus, one should understand the company fundamentals along with one's need, goals, and risk appetite to decide if one wants to stay invested or participate in the buyback offer.


3 Comments

3. Ritesh Shah     Link|Apr 7, 2022 3:58:02 PM
What is record to participate in Buy Back of Atul Ltd???
2. Vantage     Link|Apr 4, 2022 11:45:44 AM
Thank you ADMIN for opening this page.
I think we are now seeing better structure and traction on buybacks from all users as well.
One query , why does the username and login needs to be entered for Buyback page while for IPO message board the credentials need to be entered less number of times..
is it by design or needs to be changed?
2.1. Team Chittorgarh.com     Link|Apr 4, 2022 12:04:24 PM
@Vantage,
Login is made mandatory to post a message on IPO pages.
Login is optional to post a message on buyback pages.

We enable login where there is more spamming. Buybacks are running fine for now. If you are logged in, you don't have to fill in the information like name and email.
1. JoguBhaiya     Link|Mar 31, 2022 3:23:40 PM
just like TCS if i buy one share, will it get accepted regardless of AR/ER?
1.1. IPO mining     Link|Apr 2, 2022 9:41:34 PM
Open Market Through Stock Exchange not tendor offer.