Tender Offer | ₹20.00 Crores | Listed at BSE, NSE | Thu, May 29, 2025 - Tue, Jun 17, 2025
Dhampur Sugar Mills Ltd. Buyback is a tender offer for the repurchase of up to 0.11 crore equity shares, representing 1.65% of the total paid-up equity share capital at a buyback price of ₹185 per share with a face value of ₹10 per share, aggregating to ₹20.00 crores.
The record date for determining eligible shareholders is May 23, 2025. Shareholders holding equity shares as on the record date are eligible to participate in the buyback.
The buyback opens on May 29, 2025 and closes on Jun 17, 2025, with the last date for receipt of tender forms being Jun 4, 2025.
The finalisation of buyback acceptance is expected on Jun 10, 2025, followed by settlement of bids on Jun 11, 2025.
Centrum Capital Ltd. is the Manager to the Buyback and Alankit Assignments Ltd. is the Registrar and Centrum Broking Limited is the Registered Broker to the Buyback.
Investors are advised to refer to the Dhampur Sugar Mills Ltd. Letter of Offer for detailed information, including eligibility criteria, entitlement ratio, acceptance methodology, and tax implications.
Offer Opening Date
Thu, May 29, 2025
Offer Closing Date
Tue, Jun 17, 2025
Buyback Price
₹185 per share
Record Date
May 23, 2025
| Category | Entitlement Ratio of Buyback | Shares Offered |
|---|---|---|
| Reserved Category for Small Shareholders | 2 Equity Shares out of every 121 Fully paid-up Equity Shares held on the Record Date. | 1,91,177 |
| General Category for all other Eligible Shareholders | 2 Equity Shares out of every 121 Fully paid-up Equity Shares held on the Record Date. | 8,89,904 |
| Period Ended | 31 Mar 2024 | 31 Mar 2023 |
| Assets | 2,350.80 | 2,115.02 |
| Revenue | 2,840.75 | 2,671.21 |
| Profit After Tax | 132.91 | 150.30 |
| Net Worth | 0.00 | 0.00 |
| Reserves and Surplus | 0.00 | 0.00 |
| Total Borrowing | 0.00 | 0.00 |
| Amount in ₹ Crore | ||
| Month | High Price | Low Price | Average Price |
|---|---|---|---|
| Apr-2025 | 134.25 | 117.35 | 126.44 |
| Mar-2025 | 128.20 | 115.60 | 122.16 |
| Feb-2025 | 150.45 | 119.75 | 136.91 |
| Month | High Price | Low Price | Average Price |
|---|---|---|---|
| Apr-2025 | 134.36 | 117.27 | 126.39 |
| Mar-2025 | 128.74 | 115.45 | 122.19 |
| Feb-2025 | 150.37 | 119.79 | 136.91 |
The Buyback will help the Company to distribute surplus funds to its shareholders holding Equity Shares broadly in proportion to their shareholding, thereby, enhancing the overall return to the shareholders and it will also help in improving return on equity, by reduction in the equity base, thereby leading to long term increase in shareholders' value;
The Buyback, which is being implemented through the tender offer route as prescribed under the Buyback Regulations, would involve allocation of number of equity shares as per the entitlement to the shareholders or 15% of the number of Equity Shares to be bought back whichever is higher, reserved for the small shareholders. The Company believes that this reservation for small shareholders would benefit a large number of public shareholders, who would get classified as "small shareholder" as per Regulation 2(i)(n) of the Buyback Regulations; and
The Buyback gives an option to the Eligible Shareholders to either (a) choose to participate and get cash instead of Equity Shares to be accepted under the Buyback or (b) choose not to participate and enjoy a resultant increase in their percentage shareholding, post Buyback, without additional investment.
Dhampur Sugar Mills Ltd.
6th Floor, Max House
Okhla Phase III
Okhla Industrial Area-
Delhi, New Delhi, 110020
Lead Manager(s)
Registered Broker
The Dhampur Sugar Mills Buyback 2025 opens on May 29, 2025, and closes on June 17, 2025.
Last date to be eligible to participate in buyback is May 22, 2025.
The Dhampur Sugar Mills Buyback 2025 is a Tender Offer.
Dhampur Sugar Mills Buyback 2025 Schedule
| Buyback Opening Date | May 29, 2025 |
| Buyback Closing Date | June 17, 2025 |
| Last Date for receipt of Tender Forms | June 4, 2025 |
| Finalisation of Buyback Acceptance | June 10, 2025 |
| Last Date for settlment of bids | June 11, 2025 |
| Last Date for Extinguishment of Shares | June 20, 2025 |
The Dhampur Sugar Mills Buyback 2025 is being offered at Rs ₹185 per share.
| Category | Entitlement Ratio of Buyback | Shares Offered |
|---|---|---|
| Reserved Category for Small Shareholders | 2 Equity Shares out of every 121 Fully paid-up Equity Shares held on the Record Date. | 1,91,177 |
| General Category for all other Eligible Shareholders | 2 Equity Shares out of every 121 Fully paid-up Equity Shares held on the Record Date. | 8,89,904 |
The issue size of Dhampur Sugar Mills Buyback 2025 is 10,81,081 equity shares at ₹185 per share aggregating up to ₹20.00 Crores.
The Buyback will help the Company to distribute surplus funds to its shareholders holding Equity Shares broadly in proportion to their shareholding, thereby, enhancing the overall return to the shareholders and it will also help in improving return on equity, by reduction in the equity base, thereby leading to long term increase in shareholders' value;
The Buyback, which is being implemented through the tender offer route as prescribed under the Buyback Regulations, would involve allocation of number of equity shares as per the entitlement to the shareholders or 15% of the number of Equity Shares to be bought back whichever is higher, reserved for the small shareholders. The Company believes that this reservation for small shareholders would benefit a large number of public shareholders, who would get classified as "small shareholder" as per Regulation 2(i)(n) of the Buyback Regulations; and
The Buyback gives an option to the Eligible Shareholders to either (a) choose to participate and get cash instead of Equity Shares to be accepted under the Buyback or (b) choose not to participate and enjoy a resultant increase in their percentage shareholding, post Buyback, without additional investment.
All the eligible Shareholders of the Company holding either Physical Shares or Demat Shares as on the Record Date can participate in the buyback offer through their Stock Broker.
The eligible shareholder holding the shares in Demat form needs to inform their broker the details of the Equity shares they wish to tender in the Buyback Offer. The shareholder needs to transfer the tendered shares to a Special account of the clearing corporation. The broker, in turn, would place an order on the stock exchange for the buyback.
The eligible shareholder holding the shares in physical form needs to approach their broker with original share certificates and supporting documents. Upon completion of document verification, the broker places an order on the stock exchange and submits the original share certificate and TRS to the registrar.
The tender form and TRS are optional in the case of Demat shares but mandatory in the case of physical shares.
The Dhampur Sugar Mills Buyback 2025 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.
