|
|
Established in the year 1976, Kaveri seeds is the largest agriculture company specializing in Hybrid Seeds in India . The company is engaged in the production, processing, and marketing of high-quality hybrid seeds for different crops like corn, sunflower, cotton, paddy, grain sorghum, etc. The company has recently started dealing in micronutrients and bio-products.
Kaveri seeds has more than 1,00,000 production growers on 65,000 acres of land. Company's products cater across 12 different agro-climatic zones.
| Issue Period | Sep 2, 2021 - Mar 1, 2022 |
| Security Name | Kaveri Seed Company Limited |
| Issue Type | Open Market Through Stock Exchange |
| Issue Size (Amount) | ₹120.00 Crores |
| Buyback Price | ₹850 per share |
| Face Value | ₹2 per share |
| Listing At | BSE, NSE |
| Particulars | For the year/period ended (Rs. in Crores) | ||
|---|---|---|---|
| 31-Mar-21 | 31-Mar-20 | 31-Mar-19 | |
| Total Income | 1,034.99 | 929.81 | 811.85 |
| Profit After Tax | 305.31 | 251.26 | 214.72 |
| Net Worth | 1,262.07 | 981.85 | 1,012.95 |
| Reserves and Surplus | 1,250.00 | 969.78 | 1,000.33 |
| Month | High Price | Low Price | Average Price |
|---|---|---|---|
| Jul-2021 | 787.85 | 680.15 | 733.67 |
| Jun-2021 | 747.15 | 639 | 712.07 |
| May-2021 | 815.85 | 592 | 727.75 |
| Month | High Price | Low Price | Average Price |
|---|---|---|---|
| Jul-2021 | 781.9 | 680.65 | 736.85 |
| Jun-2021 | 747.95 | 675 | 711.16 |
| May-2021 | 816.65 | 595.25 | 732.6 |
The Buyback aims to :
i) Help the company return surplus cash to its shareholders holding Equity.
ii) Improve return on equity, by reduction in the equity base, thereby leading to long term increase in shareholders’ value.
iii) Give an option to the shareholders holding Equity Shares of the Company, who can choose to participate and get cash in lieu of Equity Shares to be accepted under the Buyback offer or they may choose not to participate and enjoy a resultant increase in their percentage shareholding, post the Buyback offer, without additional investment.
7 1.9 Rating:  Vote Here ... |
Sorry, we couldn't find any reviews, please check back later.
Kaveri Seed Company Limited
513-B, 5th Floor
Minerva Complex, SD Road
Secunderabad – 500003
Phone: +91- 40-27842398
Email: cs@kaveriseeds.in
Website: https://www.kaveriseeds.in/
Bigshare Services Pvt Ltd
1st Floor, Bharat Tin Works Building,
Opp. Vasant Oasis,Makwana Road,
Marol, Andheri(E), Mumbai - 400 059
Phone: +91-22-6263 8200
Email: buybackoffer@bigshareonline.com
Website: http://www.bigshareonline.com
Lead Manager(s)
Registered Broker
Add a public comment...
|
|
