Tuesday, April 19, 2022

Atul Buyback 2022 Date, Record Date, Price & Acceptance Ratio

Atul buyback 2022 was announced on 25 March 2022. The Atul buyback record date is not fixed as it's an open market offer. The investor should buy the Atul shares on or before the record date to get the eligibility for the buyback. Check out Atul Buyback 2022 details below given:

Atul

    Atul  Buyback Record Date 2022 & Time Table

     Buyback Meeting Date:
     25 March 2022
     Buyback Announcement Date:  25 March 2022
     Buyback Record Date:  Open Market Offer
     Buyback Open Date:  07 April 2022
     Buyback Close Date:
     04 October 2022
     Finalization of Buyback Acceptance:
     2022

    Atul Buyback 2022 Offer Details

    Atul buyback of 63,636 equity shares that are around -% of all the existing number of equity shares at a price of ₹11000 per equity share. The buyback offers not to exceed ₹70 crores of the total buyback offer size. Atul Buyback Acceptance Ratio will be around (To be updated soon).
     Offer Amount:  ₹70 Crores
     Number of Shares:
     63,636 Shares
     Face Value:
     ₹10 per equity share
     Buyback Price:  ₹11000 per equity share
     Listing:  BSE & NSE
     Buyback Type:  Open Market Offer

    About Company - Atul Limited

    Atul Ltd (Atul) is an integrated chemical company. The company was founded by Kasturbhai Lalbhai in 1947. They manufacture over 900 products and 400 formulations with around 140 retail brands. Their subsidiaries are in the USA, UK, China, Brazil, and the UAE. Atul established successful joint venture companies with world-renowned multi-national companies namely American Cyanamid Company (now a part of BASF AG and Pfizer Inc) in 1947, Imperial Chemical Industries plc (now a part of Akzo Nobel and Astra Zeneca plc) in 1955, and Ciba-Geigy Ltd (now a part of BASF AG and Huntsman Corporation) in 1960. Their registered office is in Ahmedabad, Gujarat, and the head office is also in Gujarat, India.

    Atul Buyback 2022 Acceptance Ratio (Estimated)

    The investor should buy around 18 shares at a current market price of ₹10362 (As of 30 March 2022). The calculation will be Rs.2,00,000 / 11000 buyback price = 18 shares.
    Acceptance Ratio Investment Shares Buyback Profit
    33% ₹186,516 5₹3,190
    50% ₹186,516 9 5,742
    75% ₹186,516 138,294
    100% ₹186,516 1811,484

    Atul Financial Report

      ₹ in Crores

    Revenue Expense PAT
    2019 ₹3947 ₹3183 ₹428.64
    2020 ₹3983 ₹3064 ₹640.17
    2021 ₹3616 ₹2668 ₹630.89

    Atul Buyback 2022 Eligibility & How to Apply

    The investors are eligible for the buyback scheme who have Atul shares in their Demat account as the record date is not fixed as it's an open market offer. Investors can participate in the Atul Buyback 2022 scheme as per the opening form by selling their shares. The payment will be given as per the accepted shares by the company under the Atul buyback scheme. The investors can participate in buyback via physical form or via your broker or Demat account by placing an order.

    Checkout Current Atul Shares market price on NSE and BSE: Atul Share Price Today
     

    Atul Buyback 2022 Registrar

    Link Intime India Private Ltd
    C 101, 247 Park, L.B.S.Marg,
    Vikhroli (West), Mumbai - 400083
    Phone: +91-22-4918 6270
    Email: nilesh.dalwadi@linkintime.co.in
    Website: https://linkintime.co.in/
     

    Atul Buyback 2022 Lead Managers

    • Vivro Financial Services Private Limited

    Atul Company Address

    Atul Limited
    Atul House,
    G I Patel Marg,
    Ahmedabad 380 014
    Phone: (+91 79) 26461294
    Email: shareholders@atul.co.in
    Website: https://www.atul.co.in/

    Atul Buyback 2022 FAQs


    When is Atul Buyback 2022 Open Date?
    Atul buyback 2022 record date is 07 April 2022.

    When is Atul Buyback 2022 Record Date?
    Atul buyback 2022 record date is Open Market Offer.

    When is Atul Buyback 2022 Announcement Date?
    Atul buyback 2022 announcement date is 25 March 2022.

    What is Atul Buyback 2022 Acceptance Ratio?
    Atul buyback Acceptance ratio will be around -%.

    What is Atul Buyback 2022 Price?
    The company has fixed the price at ₹11000 per share.

    How to apply for Atul Buyback 2022?
    As per the record date you need to have Atul shares in your Demat account. You can participate in buyback after having the stock in your account.

    Note: If anything you want to know about the buyback offer you can refer to the Atul buyback offer documents.

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