Avoid. Open Market Buyback.
Marksans Pharma Buyback 2022
Marksans Pharma is engaged in the Business of Formulation of pharmaceutical products. Their key focus areas lie in the OTC & prescription drugs that have wide-ranging applications across fields like Oncology, Gastroenterology, Antidiabetic, Antibiotics, Cardiovascular, Pain Management, Gynaecology, among others.
They have established world-class manufacturing facilities by leveraging state-of-the-art technology, incorporating best practices and adhering to stringent regulatory compliances. Their plants are approved by prestigious US FDA, UK MHRA, Australian TGA and other foreign health authorities.
They R&D capabilities include dossier development, chemical synthesis, process optimization, formulation development, analytical development and conducting stability studies. They have a team of over 50 experienced scientists specializing in formulation development and analytical development.
They possess end-to-end capabilities – from Lab scale development to Pilot scale up and from commercializing the product for large scale manufacturing to marketing globally.
The company has achieved global recognition within a very short span of time and has major global expansion plans for the near future.
Buy Back Offer Deal:
|Buyback Type:||Open Market|
|Buyback Opening Date:||Jul 15 2022|
|Buyback Closing Date:||Jan 14 2023|
|Buyback Offer Amount:||₹ 60 Cr.|
|Date of Board Meeting approving the proposal:||Jul 08 2022|
|Date of Public Announcement:||Jul 08 2022|
|Buyback Offer Size:||8.78%|
|Buyback Number of Shares:||1,00,00,000|
|Price Type:||Open Market|
|Buyback Price:||₹ 60 Per Equity Share|
Details of Buyback:
Salient financial parameters:
|Profit before tax||15||50||104||157||302||248|
|EPS in Rs||0.22||0.8||1.87||2.95||5.83||4.56|
|Dividend Payout %||23%||6%||3%||3%||4%||5%|
How to Participate in buyback?
Profit from the buyback on the bases of acceptance Ratio:
Thank you very much for your kind information.
Techno electric is also open market
Open market buyback max price 60rs.
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