FDC Limited Buyback 2023

FDC carries forward the flaming spirit of it’s first dream, achieving accreditations from the US-FDA, UK-MHRA, MCC-RSA, and the UAE, to cite a few. FDC is a forerunner in the manufacture of ORS and Ophthalmics, by setting up, globally approved, multi-location manufacturing facilities for Active Pharmaceuticals Ingredients (APIs) and Finished Dosage Forms. These facilities are located at Roha, Waluj and Sinnar in Maharashtra, Verna in Goa and Baddi in Himachal Pradesh. FDC has over 300 products and exports the same to over 50 countries, worldwide.

FDC strives to explore, innovate and integrate solutions with modern technology, empowering talent and expanding healthcare horizons for a better quality of life to millions globally.

Buy Back Offer Deal:

Buyback Type: Tender Offer
Buyback Record Date: Aug 25 2023
Buyback Opening Date: Aug 31 2023
Buyback Closing Date: Sep 06 2023
Buyback Offer Amount: ₹ 155 Cr.
Date of Board Meeting approving the proposal: Aug 09 2023
Date of Public Announcement: Aug 09 2023
Buyback Offer Size: 1.87%
Buyback Number of Shares: 31,00,000
Price Type: Tender Offer
FV: 1
Buyback Price: ₹ 500 Per Equity Share

Details of Buyback:

The proposal to buyback not exceeding 31,00,000 (Thirty-One Lakhs) equity shares of the Company (representing 1.87% of the total number of equity shares in the paid-up share capital of the Company) at a price of Rs. 500/- (Rupees Five Hundred Only) per equity share payable in cash for an aggregate consideration not exceeding Rs. 155,00,00,000(Rupees One hundred Fifty-Five Crore Only).

Salient financial parameters:

Particulars (in Cr) Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Sales + 1,089 1,341 1,331 1,525 1,784
Expenses + 860 1,038 997 1,271 1,533
Operating Profit 229 304 334 254 251
OPM % 21% 23% 25% 17% 14%
Other Income + 42 57 95 76 50
Interest 1 3 3 3 4
Depreciation 33 37 38 37 39
Profit before tax 237 320 388 289 258
Tax % 28% 25% 22% 25% 25%
Net Profit + 170 240 301 216 194
EPS in Rs 9.74 14.03 17.85 12.82 11.7
Dividend Payout % 0% 6% 0% 0% 0%

How to Participate in buyback?

1. Firstly, to be eligible for the buyback the investor should have shares of  FDC Limited in Demat or physical form as on the record date [25-08-2023].
2. Once you have shares in Demat, you can participate in the buyback process which is opening from [31-08-2023] by selling your shares through your broker on NSE or BSE.
3. Then on [25-09-2023], the payment will be given to you for accepted shares and unaccepted shares will be returned to your Demat account.

Profit from the buyback on the bases of acceptance Ratio:

Buy 400 Shares at CPM of Rs. 418 (2,00,000/500)
Acceptance Ratio 33% 50% 75% 100%
Amount Invested in Buyback 1,67,200 1,67,200 1,67,200 1,67,200
No. of Shares Buyback 132 200 300 400
Buyback Profit 10,824 16,400 24,600 32,800
Profit% 6.50% 9.80% 14.70% 19.60%


    31/748 as it was General Category. Due to some technical difficulties, I was unable to sell the excess stock. This has led to the loss. Some times it happens. We have to face the huge loss.

      48 out of 253 tendered. Based on today ‘s closing price, overall gain of about 1100/ only. Anything is better than loss/nothing.

      Buyback opens on 31/8/2023 and closes on 06/9/2023. Last date of settlement of bids is 13/9/2023.

    What is the ER for FDC?

    1. KRBL – 17.22%
    2. Piramal Enterprise – 14:28%

    Expected ER would be around 8-10% last time Actual ER was 6.51%.
    Expected AR would be around 25-35%. Last time it was 13.81%.

    Due to others buybacks i.e. PEL, KRBL and Indiamart. AR of FDC should be more than expectation

      I too expect comparatively better AR for FDC. The next may be KRBL


    Hello members Kindly respond Which is the best fr share buyback among the 3
    Krbl fdc piramal Best fundamentals I tried to analyse them
    And liked krbl but fdc is in pharma sector which has caught fancy What do you think Kama ji, Sumit ji, nd other members

      My order of preference is KRBL,PIRAMAL, FDC. I am afraid that the FDC may not yield good benefits as expected earlier.

    FDC Limited Tender Route Buyback Approved – Results also Good

    Buyback Price : 500
    Today’s Closing Price : 389

    Buyback Size ₹ : 155 Crore
    Buyback Size in Shares : 31,00,000 Shares

    Retail Quota : 4,65,000 Shares
    Record Date for Buyback : Friday, 25 August.

      Thank you Ankit ji for your input on quarterly results. It also means and matters a lot.

    Mode: Tender Offer
    Price: Rs.500/-
    Record Date: August 25th
    Size: 31,00,000 shares ( 1.87% of the total paid up shares )

      Thank you SRK Ji for the update. Excellent work, well done.

    Placed buy order @380/ . Could not succeed. Will try tomorrow again.

    SBC EXPORTS BUYBACK Board meeting on 11 th August 2023..Sayaji hotels taken demerger back so best to wait till BM outcome of SBC export.

    FDC has a pattern it rushes to 400 on announcement of Buyback and then falls to 250 after Buyback Closure. Let us see what happens this time.
    Normally they do small Buybacks so they have ben quick to close Buyback.

    Financial parameters seems good.Awaiting outcome of the Board meeting. Any one researching on previous buybacks may kindly share the details please.

      Previous Buyback details ( Through Tender Route)
      Buyback Size:- 2900000 Reserve category (435000)
      Buyback Price:-475 Per Share
      AR for reserve Category:- 12%Apx

        Thanks Gaurav ji and Ankit Ji for the valuable inputs. Will wait and decide.

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