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Welspun Enterprises Limited (WEL) is a substantial part of the Welspun Group. The group is engaged in a variety of operations and businesses. It caters to a different set of customers by way of quality and efficient delivery of products and services.
The key activities of Welspun Enterprises Limited are in the infrastructure business. Also, the entity holds equity investments in Welspun Natural Resources Private Limited.
Through the years, the company has undertaken and completed various PPP projects in sectors like roads, water, and urban infrastructure.
| Issue Period | |
| Security Name | Welspun Enterprises Limited |
| Issue Type | Tender Offer |
| Issue Size (Shares) | 11,750,000.00 |
| Issue Size (Amount) | ₹235.00 Crores |
| Buyback Price | ₹200 per share |
| Face Value | ₹10 per share |
| Listing At | BSE, NSE |
| Last Date to buy shares | Feb 10, 2023 |
| Record Date | Feb 13, 2023 |
| Offer Opens On | |
| Last Date for receipt of Tender Forms | |
| Offer Closes On | |
| Finalisation of Buyback Acceptance | |
| Last Date for settlment of bids | |
| Last Date for Extinguishment of Shares |
| Period Ended | Total Assets | Total Revenue | Profit After Tax | Net Worth |
|---|---|---|---|---|
| 31-Mar-21 | 3186.75 | 1671.52 | 130.18 | 1818.85 |
| 31-Mar-22 | 3492.29 | 1574.99 | 126.1 | 1894.17 |
| Amount in ₹ Crore | ||||
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Welspun Enterprises Limited
Welspun House, 5th Floor,
Kamala Mills Compound, Senapati Bapat Marg,
Lower Parel, Mumbai - 400 013
Phone: +91 22 66136000
Email: sales_wcl@welspun.com
Website: https://www.welspunenterprises.com/
Lead Manager(s)
The Welspun Enterprises Buyback open and close dates are not available as of now.
Last date to be eligible to participate in buyback is Feb 10, 2023.
The Welspun Enterprises Buyback is a Tender Offer.
Sorry the Welspun Enterprises Buyback timelines are not available at this time.
The Welspun Enterprises Buyback is being offered at Rs ₹200 per share per equity share.
You could sell Welspun Enterprises Buyback on Feb 10, 2023 to remain eligible for buyback. The record date for Welspun Enterprises Buyback buyback is Feb 13, 2023.
The record date for the Welspun Enterprises Buyback is Feb 13, 2023.
The issue size of Welspun Enterprises Buyback is of 11,750,000.00 equity shares at ₹200 per share aggregating upto ₹235.00 Crores.
The necessity for Welspun Enterprises Buyback 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 Welspun Enterprises 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.
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