Friday, May 20, 2022

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

Filatex buyback 2022 was announced on March 29, 2022. IndiaMART buyback record date is April 08, 2022. The investor should buy the IndiaMART shares on or before the record date to get eligibility for the buyback. Check out Filatex Buyback 2022 details below:

Filatex India

    Filatex Buyback Record Date 2022 & Time Table

     Buyback Meeting Date:
     29 March 2022
     Buyback Announcement Date:  29 March 2022
     Buyback Record Date:  08 April 2022
     Buyback Open Date:  09 May 2022
     Buyback Close Date:
     23 May 2022
     Finalization of Buyback Acceptance:
     27 May 2022

    Filatex Buyback 2022 Offer Details

     Offer Amount:  ₹59.50 Crores
     Number of Shares:
     43,00,000 Shares
     Face Value:
     ₹2 per equity share
     Buyback Price:  ₹140 per equity share
     Listing:  BSE & NSE
     Buyback Type:  Tender Offer
    Filatex India's buyback of 43,00,000 equity shares that are around -% of all the existing number of equity shares at a price of ₹140 per equity share. The buyback offers not to exceed ₹59.50 crores of the total buyback offer size. Filatex India Buyback Acceptance Ratio will be around (To be updated soon).

    About Company

    Filatex India Limited is a manufacturer of Polyester Filament Yarn. They manufacture a wide variety of yarns - POY, FDY, and DTY in a full range of coarse and fine deniers, in all kinds of shades and varieties like Bright, Semi Dull, Full Dull, Black, and Dope-dyed colors. They have marketing offices in all the major markets viz. Delhi, Mumbai, and Surat. They s have a world-class plant in terms of technology and capacity of 600 Tons Per Day along with 260 Tons Per Day POY was set up at Dahej in 2012.  In 2016, a capacity of 105 Tons Per Day of Semi Dull FDY and 200 Tons Per Day of Drawn Textured Yarn was added. To complete the product basket, a new stream for bright polyester of 300 Tons Per Day capacity was added which caters to 190 Tons of bright FDY, 25 Tons of bright POY, and 85 Tons of bright chips.

    Filatex India Buyback Acceptance Ratio (Estimated)

    The investor should buy around 1428 shares at a current market price of ₹125 (As of 30 March 2022). The calculation will be Rs.2,00,000 / 11000 buyback price = 1428 shares.
    Acceptance Ratio Investment Shares Buyback Profit
    33% ₹178,500 471₹7,065
    50% ₹178,500 714 10,710
    75% ₹178,500 107116,065
    100% ₹178,500 142821,420

    Filatex India Financial Report

      ₹ in Crores

    Revenue Expense PAT
    2019 ₹2886 ₹2710 ₹85
    2020 ₹2794 ₹2621 ₹121
    2021 ₹2237 ₹1939 ₹166

    Filatex India Buyback Eligibility & How to Apply

    The investors are eligible for the buyback scheme who have Filatex India shares in their Demat account as the record date is fixed on 08 April 2022. Investors can participate in the Filatex India 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 Filatex India buyback scheme. The investors can participate in buyback via physical form or via your broker or Demat account by placing an order.

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

    Filatex India Buyback Registrar

    To be updated soon
     

    Filatex India Buyback Lead Managers

    • To be updated soon

    Filatex India Company Address

    Filatex India Limited
    Survey No.274, Demni Road,
    Dadra-396191
    U.T. of Dadra and Nagar Haveli and Daman and Diu
    Phone: +91-260-2668343, 266
    Email: fildadra@filatex.com
    Website: https://www.filatex.com/

    Filatex India Buyback 2022 FAQs


    When is Filatex India Buyback Record Date?
    Filatex India buyback 2022 record date is 08 April 2022.

    When is Filatex India Buyback Announcement Date?
    Filatex India buyback 2022 announcement date is 29 March 2022.

    What is Filatex India Buyback Acceptance Ratio?
    Filatex India buyback Acceptance ratio will be around -%.

    What is Filatex India Buyback Price?
    The company has fixed the price at ₹140 per share.

    How to apply for Filatex India Buyback 2022?
    As per the record date you need to have Filatex India 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 Filatex India buyback offer documents.

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