JB Chemicals and Pharmaceuticals Limited Buyback 2019
(i) Established in 1976, J.B.Chemicals & Pharmaceuticals Ltd. (JBCPL) is one of India’s fastest growing pharmaceutical companies. An integrated, research-oriented, public listed organization with a focus on supplying affordable, quality products both in India and International markets, JBCPL is trusted by healthcare professionals globally. Today, JBCPL exports to over 30 countries across the world and earns more than half its revenue from its international business.
(ii) JBCPL is widely committed to manufacturing a range of innovative specialty products that include various pharmaceutical dosage forms like tablets, injectable (vials, ampoules, form fill seal), creams & ointments, lozenges, herbal liquids, and capsules.
(iii) JBCPL has its headquarters in India’s financial capital, Mumbai. With a domestic sales force of 1,000 people, 17 internationally approved state of the art manufacturing units, a Research and Development Centre, and subsidiaries abroad, the organization is continually enhancing value for its shareholders.
(iv) In India and International markets, JBCPL is also known as Unique Pharmaceutical Laboratories and is a division of JBCPL.
Buy Back Offer Deal:
|Buyback Type:||Tender Offer|
|Buyback Record Date:||Nov 22 2019|
|Buyback Opening Date:||Dec 16 2019|
|Buyback Closing Date:||Dec 30 2019|
|Buyback Offer Amount:||₹ 130 cr|
|Date of Board Meeting approving the proposal:||Nov 12 2019|
|Date of Public Announcement:||Nov 12 2019|
|Buyback Offer Size:||3.68%|
|Buyback Number of Shares:||29,54,545|
|Price Type:||Tender Offer|
|Buyback Price:||₹ 440 Per Equity Share|
Details of Buyback:
Salient financial parameters:
How to Participate in buyback?
Profit from the buyback on the bases of acceptance Ratio:
|Amount Invested in Buyback||1,80,454||1,80,454||1,80,454||1,80,454|
|No. of Shares buyback||149||227||340||454|