HEG LIMITED BUYBACK 2018
HEG Ltd, a premier company of the LNJ Bhilwara group, is today India’s leading graphite electrode manufacturer. It has one of the largest integrated Graphite Electrode plants in the world, processing sophisticated UHP (Ultra High Power) Electrodes.
The company exports over 70% of its production to more than 30 countries of the world.
The position the company enjoys today in India and abroad is largely due to its commitment to constant up-gradation of its product quality to match international standards and to meet new challenges to win and excel in all situations.
In Graphite, their focus is on UHP grade electrodes, and they have expanded their product range and established the same on some of the toughest furnaces for their customers. Today, they have years of experience in supplying quality UHP grade electrodes all over the world.
The encouragement from their customers has led them to increase production capacity and become a significant global producer of quality UHP grade electrodes for EAF application. The ability to source the best raw material from sources worldwide and the skills of human resources has been the key to the growth of the company.
To maintain the competitiveness, they have set up a Captive Power Plant totaling more than 77 MW.
As a responsible graphite electrode manufacturer, they continue to invest in technology, development of new products environment and in the human resources.
Buy Back Offer Deal:
|Buyback Type:||Tender Offer|
|Buyback Offer Amount:||₹ 750 Cr|
|Date of Board Meeting approving the proposal:||Nov 26 2018|
|Date of Public Announcement:||Nov 26 2018|
|Buyback Offer Size:||3.41%|
|Buyback Number of Shares:||13,63,636|
|Buyback Price:||₹ 5500 Per Equity Share|
Details of Buyback:
Salient financial parameters:
|Year||Revenue(Cr)||PAT(Cr)||EBITDA Margins||Profit Margins||EPS|
How to Participate in buyback?
Profit from the buyback on the bases of acceptance Ratio:
|Amount Invested in Buyback||1,56,888||1,56,888||1,56,888||1,56,888|
|No. of Shares buyback||12||18||27||36|