BuyBack 2021

Buyback of shares is the repurchasing of own shares by a company. In simple words, buyback is nothing but a company buying back its shares from the existing shareholders. A company can announce a buyback offer either through a tender offer or through the open market or from odd-lot holders. The buyback offer price is usually higher than the market price.

Learn more about Buyback of Shares.

In the case of a tender offer, the existing shareholders as on a record date can opt to accept the offer and tender their shares in exchange for cash offered by the company as per the prescribed buyback ratio.

In the case of an open market offer, any Equity shareholder of the company can participate in the buyback offer through their stockbroker till the buyback window is open.

The buyback offer benefits the shareholders as it helps improve the shareholder value, increase return on share capital, and fetches a premium price. However, one should study the company's performance and understand one's need and risk appetite to decide whether one wants to stay invested or offer the shares in buyback.

BuyBack Offers 2021

Company Name Record Date Issue Open Issue Close Buyback Type BuyBack price (Per Share) Current Market Price Issue Size - Shares (Cr) Issue Size - Amount (Cr)
SIS LimitedApr 09, 2021May 12, 2021May 27, 2021Tender Offer550405.30.1810
Smartlink Holdings LimitedMar 01, 2021Apr 30, 2021May 14, 2021Tender Offer9593.650.3310
Aarti Drugs LimitedApr 01, 2021Apr 27, 2021May 10, 2021Tender Offer10007520.0610
Insecticides (India) LimitedApr 12, 2021Oct 11, 2021Open Market Through Stock Exchange575538.110
Gujarat Apollo Industries LimitedFeb 26, 2021Apr 08, 2021Apr 26, 2021Tender Offer222209.40.0910
Savita Oil Technologies LimitedMar 05, 2021Apr 15, 2021Apr 29, 2021Tender Offer14001054.150.0310
NIIT LimitedFeb 24, 2021Apr 12, 2021Apr 28, 2021Tender Offer240180.250.9910
Suprajit Engineering LimitedFeb 22, 2021Apr 08, 2021Apr 26, 2021Tender Offer320252.10.1510
Bharat Rasayan LimitedMar 05, 2021Mar 26, 2021Apr 12, 2021Tender Offer1150012767.450.0110
Jagran Prakashan LimitedMar 08, 2021Sep 07, 2021Open Market Through Stock Exchange6054.9510
Nava Bharat Ventures LimitedMar 10, 2021Sep 09, 2021Open Market Through Stock Exchange10096.810
Indian Toners & Developers LimitedJan 15, 2021Mar 04, 2021Mar 18, 2021Tender Offer160195.90.2310
Gail (India) LimitedJan 28, 2021Feb 25, 2021Mar 10, 2021Tender Offer150153.16.9810
National Aluminium Company LimitedFeb 08, 2021Feb 25, 2021Mar 10, 2021Tender Offer57.5761010
Neelamalai Agro Industries LimitedFeb 05, 2021Feb 24, 2021Mar 09, 2021Tender Offer16001618.0504.06
VRL Logistics LimitedFeb 17, 2021Aug 16, 2021Open Market Through Stock Exchange300228.710
The Anup Engineering LimitedFeb 24, 2021Aug 23, 2021Open Market Through Stock Exchange800662.710
Atul LimitedFeb 10, 2021Aug 09, 2021Open Market Through Stock Exchange72508309.810
Freshtrop Fruits LimitedFeb 10, 2021Aug 09, 2021Open Market Through Stock Exchange9085.956.75
Archidply Industries LimitedJan 19, 2021Feb 10, 2021Feb 24, 2021Tender Offer3734.750.228.14
Industrial and Prudential Investment Company LimitedJan 01, 2021Feb 04, 2021Feb 17, 2021Tender Offer120011750.018.34
Jullundur Motor Agency (Delhi) LimitedDec 24, 2020Jan 25, 2021Feb 08, 2021Tender Offer360.7510
Engineers India LimitedJan 01, 2021Jan 22, 2021Feb 05, 2021Tender Offer84826.9910
Garware Technical Fibres LtdDec 11, 2020Jan 19, 2021Feb 02, 2021Tender Offer230027200.0310
  1. Participation in a buyback offer is voluntary.
  2. To be eligible to participate in the tender offer, one must be a shareholder of the company as of the record date.
  3. The eligible shareholders can tender for additional equity shares in the tender offer. The acceptance of the additional shares will depend on the number of shares left for the buyback.
  4. The buyback is open for all shareholders holding Equity shares in Demat form or physical share certificates.
  5. The buyback offer period depends on the type of buyback.
    • The tender offer for buyback shall remain open for ten working days.
    • The open market offer through the stock exchange mechanism shall remain open for a maximum period of six months.
    • The open market offer through the book-building process shall remain open for a minimum period of fifteen days and a maximum period of thirty days.

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3 Comments

Ram
3. Ram  Mar 23, 2021 00:48 I Like It. | Report Abuse Reply
Dear admin, Can please add current market price line, it will help to participate or leave it.
Team Chittorgarh.com
3.1. Team Chittorgarh.com  Mar 25, 2021 12:03 I Like It. | Report Abuse
Dear Mr Ram,
Thank you for your kind feedback. We have added the current price Column as requested.
Pradeep kumar mittal
2. Pradeep kumar mittal  Mar 9, 2021 15:58 I Like It. 1 | Report Abuse Reply
DEAR ADMIN PLEASE ADD RECORED DATE COLOUME ON MAIN PAGE THIS IS VERY IMPORTENT INFORMATION WHICH IS YOU LEFT THIS
Safe Bet
2.2. Safe Bet  Mar 11, 2021 20:51 I Like It. | Report Abuse
Any idea where one can know of scripts in buyback before the record date??
Safe Bet
2.3. Safe Bet  Mar 11, 2021 20:52 I Like It. | Report Abuse
Any idea where one can know of scripts in buyback before the record date??
arunARUN
1. arunARUN  Feb 19, 2021 18:06 I Like It. | Report Abuse Reply
More important is ex date. People should not buy on or after exdate for participating in buyback offer








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