Open Market Through Stock Exchange | ₹1,100.00 Crores | Listing at BSE, NSE | Thu, Apr 7, 2022 - Fri, May 20, 2022
UPL Ltd. Buyback is a tender offer for the repurchase of up to equity shares at a buyback price of ₹875 per share with a face value of ₹2 per share, aggregating to ₹1,100.00 crores.
The buyback opens on Apr 7, 2022 and closes on May 20, 2022.
JM Financial Ltd. is the Manager to the Buyback and MUFG Intime India Pvt.Ltd. is the Registrar and JM Financial Services Limited is the Registered Broker to the Buyback.
Investors are advised to refer to the UPL Ltd. Letter of Offer for detailed information, including eligibility criteria, entitlement ratio, acceptance methodology, and tax implications.
Offer Opening Date
Thu, Apr 7, 2022
Offer Closing Date
Fri, May 20, 2022
Buyback Price
₹875 per share
Record Date
[.]
| Particulars | For the year/period ended (Rs. in Crores) | ||
|---|---|---|---|
| 31-Mar-21 | 31-Mar-20 | 31-Mar-19 | |
| Total Income | 11,458 | 10,147 | 9,220 |
| Profit After Tax | 220 | 461 | 405 |
| Net Worth | 7,786 | 8,024 | 7,972 |
UPL Limited is engaged in the business of manufacturing and marketing agrochemicals, industrial chemicals, chemical intermediates, and speciality chemicals. The company also offers Crop Protection Solutions, High-Quality Seeds, BioSolutions, Soil & Water Technologies, and Post-Harvest Solutions. UPL Limited has a presence in 138 plus countries across 6 continents, 40 plus successful acquisitions in the last twenty-five years, 10,000 plus employees, and 13,932 registrations as of March 31, 2021.
| Month | High Price | Low Price | Average Price |
|---|---|---|---|
| Oct-2021 | 761.75 | 686.15 | 727.60 |
| Nov-2021 | 794.35 | 679.00 | 737.16 |
| Dec-2021 | 767.00 | 681.85 | 734.65 |
| Month | High Price | Low Price | Average Price |
|---|---|---|---|
| Oct-2021 | 762.00 | 686.25 | 727.39 |
| Nov-2021 | 794.00 | 678.55 | 736.82 |
| Dec-2021 | 767.70 | 681.55 | 734.69 |
The objective of the Buyback is to:
1. Improve return on equity, by a reduction in the equity base, thereby leading to a long term increase in Shareholders' value.
UPL Ltd.
3-11, GIDC, Vapi,
District Valsad,
Gujarat, 396195
Valsad, Gujarat
Lead Manager(s)
Registered Broker
The UPL Limited Buyback 2022 opens on April 7, 2022, and closes on May 20, 2022.
The UPL Limited Buyback 2022 is a Open Market Through Stock Exchange.
UPL Limited Buyback 2022 Schedule
| Buyback Opening Date | April 7, 2022 |
| Buyback Closing Date | May 20, 2022 |
| Last date for acceptance of shares | Upon relevant pay-out by the Stock exchange |
The UPL Limited Buyback 2022 is being offered at Rs ₹875 per share.
There is no ratio applicable in case of open market offer through stock exchange mechanism.
The UPL Limited Buyback 2022 has announced a buyback for an aggregate amount of not more than Rs. ₹1,100.00 Crores with pricing of Rs. ₹875 per share.
The objective of the Buyback is to:
1. Improve return on equity, by a reduction in the equity base, thereby leading to a long term increase in Shareholders' value.
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 UPL Limited Buyback 2022 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.
