Any body received accepted shares amount ???
Balrampur Chini Buyback 2020
(i) India is the second-largest sugar producer and the largest sugar consuming country in the world. Balrampur Chini Mills Limited is one of India’s largest integrated sugar manufacturing companies.
(ii) What makes Balrampur Chini Mills Limited (BCML) special is that it is more than a sugar company.It is also engaged in the ancillary businesses of ethanol manufacture and co-generation.
(iii) The Company’s 10 factories in Uttar Pradesh possess
a) An aggregate cane crushing capacity of 76,500 tonnes per day
b) Distilleries possessing an aggregate capacity of 360 kilolitres per day
c) The saleable co-generation capacity of 163.20 megawattsBCML is more than just another industrial entity; it is a rural prosperity driver.
Buy Back Offer Deal:
|Buyback Type:||Tender Offer|
|Buyback Record Date:||Jul 03 2020|
|Buyback Opening Date:||Jul 20 2020|
|Buyback Closing Date:||Jul 31 2020|
|Buyback Offer Amount:||₹ 180|
|Date of Board Meeting approving the proposal:||Jun 23 2020|
|Date of Public Announcement:||Jun 23 2020|
|Buyback Offer Size:||7.79%|
|Buyback Number of Shares:||10000000|
|Price Type:||Tender Offer|
|Buyback Price:||₹ 180 Per Equity Share|
Details of Buyback:
Salient financial parameters:
|Profit before tax||-76||108||735||345||602|
|EPS in Rs||0||4.09||24.49||10.14||25.21|
|Dividend Payout %||0%||0%||14%||25%||10%|
How to Participate in buyback?
Profit from the buyback on the bases of acceptance Ratio:
|Amount Invested in Buyback||1,52,222||1,52,222||1,52,222||1,52,222|
|No. of Shares buyback||366||555||833||1111|
Company Contact Details:
Yes, on 26 Aug 2020.
Yes, for Balram Pur Chini on 05 Aug 2020.
And for Just Dial on 26 Aug 20.
51/300; in my ICICI account showing 51 shares soldb on 4th Aug and money I am going to get on 6th. Remaining shares still in blocked condition, not released yet. FYI only.
17.16 % AR totally dismissal as expected after the ER .
Where did you get the information on AR
Any guess on Acceptance ratio on buyback
Only 17 percent accepted
Any one know subscription details. Earlier years, some or the other person used to post subscription details.
Now a days many details are showing n covered here.
Any reason for not sharing.
No such reason like that .
Total & Final Subscription:- 7.2x
Offer Size:- 10000000
Demat Shares Tendered:-71111753 (confirmed)
Physical Shares Tendered:- 654 (Yet to be confirmed)
Dear Sir/ Madam,
My name is Kumar C and i was having 3000 shares in my Demat account on record Date of 3-July-2020,
But till now i did not received any mail confirmation or any communication to my address Regarding Buy Back,
Please confirm whether i’m eligible to Participate in Buy back or not, if Eligible how much shares eligible for buy back out of 3000 shares.
Check this link
Holding 200 shares and added another 100 (purchased) 100 shares on 1st July. Where can I check I am eligible or not to participate in but back.
I haven’t receive any email, please help me.
July 3rd was the record date bro. That means you should have held shares of balrampur chini in demat account on That day.
download from this link with your DP ID :- karisma(dot)kfintech(dot)com/buybackoffer(dot)aspx
Thank you very much all, got the answer. Once again thank you.
The worst buyback entitlement (44/600)…get ready for an even worse AR…CMP is also very low .So, exiting without an loss for the returned shares will be an issue for those who bought only for buyback within the range of 130-135…
Sir how much acceptance
About 20,000 people bought this share only for tendering in buyback. Acceptance may not go beyond 30%. Also, a price correction might happen as more people buy for buyback acceptance ratio reduces for everyone.
Buyback is opening on 20.07.2020 and closing on 31.07.2020
Retail- 17 shares out of 277 shares.
Letter of offer:
17 Shares Out of 227*
Any anticipation on the expected Acceptance ratio? Mr Wizard?
SHOULD WE APPLY IN RETAIL.
For retail shareholders sir?
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