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KDDL Ltd Buyback (KDDL Buyback 2024) Detail

KDDL Limited is engaged in the manufacturing of watch components and precision engineering products. It has been a manufacturer of watch components for over three decades.

KDDL supplies watch components to domestic and international luxury watch brands. KDDL Limited recently acquired Estima AG, an established maker of watch hands in Switzerland.

KDDL caters to various industries like automobile, electrical and electronics, consumer durables, industrial engineering, instrumentation, aerospace, and defence industry through precision engineering products like electrical connectors and terminals, components of relays for aerospace applications, electrical switch gears, cell phone chargers, battery and components for the automobile sector, etc.

KDDL also manufactures ornamental packaging boxes for watches, jewellery, and writing instruments.

KDDL Buyback 2024 Detail

Issue Period
Security NameKDDL Ltd
Issue TypeTender Offer
Issue Size (Shares)237,837
Issue Size (Amount)₹88.00 Crores
Buyback Price₹3700 per share
Face Value₹10 per share
Listing AtBSE, NSE

Buyback Ratio

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Company Financials

KDDL Ltd Financial Information (Restated Consolidated)

KDDL Ltd's revenue increased by 36.94% and profit after tax (PAT) rose by 106.94% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended31 Mar 202331 Mar 202231 Mar 2021
Assets1,160.53739.46617.54
Revenue1,138.76831.58567.24
Profit After Tax76.9837.206.97
Reserves and Surplus240.61203.75161.29
Total Borrowing127.55154.98155.82
Amount in ₹ Crore

KDDL Buyback 2024 Documents

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Company Contact Information

KDDL Ltd
Kamla Centre,
SCO 88-89, Sector 8-C
Chandigarh - 160009

Phone: +91 172 2548223
Email: info@kddl.com
Website: https://www.kddl.com/

KDDL Buyback 2024 Registrar

KDDL Buyback 2024 Manager

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KDDL Buyback 2024 FAQs

The KDDL Buyback 2024 open and close dates are not available as of now.

The KDDL Buyback 2024 last day to buy is not available as of now.

The KDDL Buyback 2024 is a Tender Offer.

Sorry the KDDL Buyback 2024 timelines are not available at this time.

The KDDL Buyback 2024 is being offered at Rs ₹3700 per share per equity share.

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The KDDL Buyback 2024 record date is not yet declared.

The issue size of KDDL Buyback 2024 is of 237,837 equity shares at ₹3700 per share aggregating upto ₹88.00 Crores.

The necessity for KDDL Buyback 2024 is not yet declared.

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 KDDL Buyback 2024 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.


5 Comments

5. rajaipo   I Like It. |Report Abuse|  Link|July 23, 2024 10:19:12 PMReply
NOW END OF THE BUYBACK NOW FULL BUYBACK AMOUNT ADD IN YOUR DIVIDEND INCOME AND PAY TAX

TATA BYE BYE BUYBACK
4. k l patel   I Like It. |Report Abuse|  Link|July 22, 2024 10:27:08 AMReply
35600 shares available for retail holders, march retails share holding is 2200000, so ER wil be too low
3. Akil   I Like It. |Report Abuse|  Link|July 10, 2024 4:40:42 PMReply
I think one-share strategy will not work here.
3.3. Arun   I Like It. |Report Abuse|  Link|July 11, 2024 10:37:48 AM
Yes. It won't work.
1. Amount is less 80Cr buyback
2. Rs3400 is huge amount for only 10% buyback.
3. It already ran 10% in a month.
4. Now a days, everyone is coming up with buyback so that they can increase the valuation big people can exit.
3.4. Arun   I Like It. 1|Report Abuse|  Link|July 15, 2024 4:22:28 PM
Yes. It won't work.
Cheviot Rs110 loss
Anadrathi Rs180
2. Help Needed   I Like It. |Report Abuse|  Link|July 11, 2024 8:16:54 AMReply
I have applied for 1 share each in Garware Technical Fibres, Cheviot Motors, Anad Rathi, Tips industries but not acceoted any single. Can anyone confirm. I have all shares on Record date as well as placed in tender buyback within date as well.
2.2. Akil   I Like It. |Report Abuse|  Link|July 11, 2024 11:36:22 AM
I got TIPS accepted for 1 share. Cheviot and Anand Rathi didn't got through.
2.3. Smile✍️   I Like It. 1|Report Abuse|  Link|July 15, 2024 3:23:06 PM
All these are small sized buyback. So happened with many. One share doesn't mean 100% acceptance. It also liable for lottery
1. Pradeep   I Like It. |Report Abuse|  Link|July 11, 2024 6:26:25 AMReply
What will be the expected acceptance range any idea??

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