Nava Bharat Ventures 2021 Buyback

Established in 1972 as an Indian ferro alloys manufacturer, Nava Bharat is now a multinational company, operating in India, South East Asia and Africa.

They are a diversified group, with businesses in metals manufacturing, power, mining, agribusiness and healthcare; and we employ more than 1,000 people in operations across two continents. They produce and supply over 200,000 tons of ferro alloys each year; operate several power plants of 743 MW; work with hundreds of sugarcane farmers to produce and process sugar as well as ethanol; and in 2017, our investments grew to include healthcare services.

In 2010, the international assets grew to include Maamba Collieries, Zambia’s largest coal mine concessionaire, which has also led to the development of a 300 MW power plant in Zambia, in 2016.

Buy Back Offer Deal:

Buyback Type: Open Market
Buyback Offer Amount: ₹ 150 Crores
Date of Board Meeting approving the proposal: Mar 01 2021
Date of Public Announcement: Mar 01 2021
Buyback Number of Shares: 15000000
Price Type: Open Market
FV: 10
Buyback Price: ₹ 100 Per Equity Share

Details of Buyback:

The company will buyback shares from open market for the maximum amount of Rs.150 Crores.

Salient financial parameters:


How to Participate in buyback?

Open market buyback.

Profit from the buyback on the bases of acceptance Ratio:

Open market buyback.


Open market buyback.


Leave a Reply