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Mar 10, 2021 - Sep 9, 2021

Nava Bharat Ventures Limited Buyback (Nava Bharat Ventures Buyback) Detail

Incorporated in 1972, Nava Bharat Ventures Limited (NB Ventures) is engaged in the business of power generation and Operations & Maintenance services, ferro alloys, mining, agri-business, and health care services. With four decades in business, Nava Bharat Ventures is now a multinational company, operating in India, South East Asia, and Africa.

The company produces and supplies over 200,000 tons of ferro alloys each year and operates several power plants of 743 MW. NB Ventures also work with hundreds of sugarcane farmers to produce and process sugar as well as ethanol.

Nava Bharat Ventures Buyback Detail

Issue PeriodMar 10, 2021 - Sep 9, 2021
Security NameNava Bharat Ventures Limited
Issue TypeOpen Market Through Stock Exchange
Issue Size (Amount)₹150.00 Crores
Buyback Price₹100 per share
Face Value₹2 per share
Listing AtBSE, NSE

Company Financials

Summary of financial Information (standalone)
Particulars For the year/period ended (Rs. in Millions)
31-Mar-20 31-Mar-19 31-Mar-18
Total Income 11,322.08 14,377.77 13,551.17
Profit After Tax 1,310.11 1,661.89 1,615.58
Net Worth 29,677.11 29,255.77 27,869.75

Stock price at BSE (in preceding 3 months)

Month High Price Low Price Average Price
Feb-2021 76.25 57.25 66.22
Jan-2021 64.71 57.1 61.99
Dec-2021 68.85 50.2 60.7

Stock price at NSE (in preceding 3 months)

Month High Price Low Price Average Price
Feb-2021 76.2 57.15 65.86
Jan-2021 64.75 57.2 62.03
Dec-2021 68.45 50.2 60.87

Necessity of the Issue

The Buyback is undertaken by the Company to:
(i) Optimize returns to shareholders.
(ii) Enhance overall shareholder's value.
(iii) Return surplus cash to the shareholders.
(iv) To improve return on equity.

Nava Bharat Ventures Buyback Documents

Nava Bharat Ventures Buyback Rating

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Company Contact Information

Nava Bharat Ventures Limited
6-3-1109/1, Nava Bharat Chambers, Rajbhavan Road,
Hyderabad- 500 082, Telangana, India


Phone: +91 40 23403501
Email: investorservices@nbv.in
Website: https://www.nbventures.com/

Nava Bharat Ventures Buyback Registrar

  1. KFintech Private Limited
       KFintech, Tower-B, Plot No 31 & 32,
       Financial District, Nanakramguda, Gachibowli,
       Hyderabad, Telangana India - 500 032.

    Phone: 04067162222, 04079611000
    Email: shyam.kumar@kfintech.com
    Website: https://karisma.kfintech.com/

Nava Bharat Ventures Buyback Manager

Lead Manager(s)

  1. Akasam Consulting Pvt. Ltd.

Registered Broker

  1. R.L.P. Securities Private Limited
    Email: rlp_vpir@yahoo.com

Find Nava Bharat Ventures Buyback Latest Update

Nava Bharat Ventures Buyback FAQs

The Nava Bharat Ventures Buyback opens on Mar 10, 2021, and closes on Sep 9, 2021.

The Nava Bharat Ventures Buyback is a Open Market Through Stock Exchange.

Nava Bharat Ventures Buyback Schedule

Buyback Opening DateMar 10, 2021
Buyback Closing DateSep 9, 2021
Last date for acceptance of sharesUpon relevant pay-out by the Stock exchange

The Nava Bharat Ventures Buyback is being offered at Rs ₹100 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 Nava Bharat Ventures Buyback has announced a buyback for an aggregate amount of not more than Rs. ₹150.00 Crores with pricing of Rs.₹100 per share.

The Buyback is undertaken by the Company to:
(i) Optimize returns to shareholders.
(ii) Enhance overall shareholder's value.
(iii) Return surplus cash to the shareholders.
(iv) To improve return on equity.

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 Nava Bharat Ventures 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.


2 Comments

2. sandip patel baroda  Mar 4, 2021 06:09 I Like It. | Report Abuse Reply
As in past 2019 buyback offer, this stock will not move up to the level of 100, at least up to September 2021. It is confirmed.
1. Newrookie  Mar 2, 2021 17:34 I Like It. | Report Abuse Reply
Refer 2019 buy back of this company. After announcement of the Open market share buy back, prices went down instead of rising up. It might be completely company operator driven.