KRBL Buyback of ₹325 crores licensed by way of the board of administrators on the assembly was once hung on August 10, 2023. KRBL Buyback might be performed by means of the Tender Offer direction during the inventory change mechanism. The board of administrators of the corporate licensed the buyback by way of the Company of its absolutely paid-up fairness stocks having a face worth of ₹1 each and every fairness percentage at a value of ₹500 according to Equity Share and for an mixture quantity no longer exceeding ₹325 crores from the shareholders. Check out KRBL Buyback 2023 main points underneath:
With a wealthy trade enjoy of greater than a century, KRBL Limited as of late has created its position as the highest participant within the Indian rice trade and in addition as India’s first built-in rice corporate. Operating basically within the realm of producing and advertising and marketing of rice merchandise, the Company’ good fortune has been derived by way of working responsibly, executing adeptly, production indicatively and shooting new alternatives proactively. Over the years, KRBL have advanced and widened its product choices that experience overjoyed shoppers throughout geographies. Our presence in a particularly shopper pushed marketplace generates a requirement for wholesome and balanced nutritional merchandise. With a well-established presence in India, we intention to additional give a boost to our penetration at the side of increasing our succeed in to more moderen global markets.
KRBL Buyback History
- This is the primary KRBL buyback so there is not any ancient information.
KRBL Buyback 2023 Dates
Buyback Meeting Date: | August 10, 2023 |
Buyback Announcement Date: | August 10, 2023 |
Buyback Record Date: | August 25, 2023 |
Last Date to Buy Shares: | August 24, 2023 |
Buyback Open Date: | August 31, 2023 |
Buyback Close Date: | September 6, 2023 |
Finalization of Buyback Acceptance: | September 10, 2023 |
KRBL Buyback 2023 Offer Details
KRBL buyback of 6,500,000 fairness stocks at a worth of ₹500 according to fairness percentage. The buyback gives to not exceed ₹325 crores of the overall buyback be offering dimension.
Offer Amount: | ₹325 Crores |
Number of Shares: | 65,00,000 Equity Shares |
Face Value: | ₹1 according to fairness percentage |
Buyback Price: | ₹500 according to fairness percentage |
Listing: | BSE and NSE |
Buyback Type: | Open Market |
Letter of Offer: | Click Here |
KRBL Buyback 2023 Acceptance Ratio
The investor will have to purchase round 208 stocks at a present marketplace value of ₹400 (as of date). The calculation might be ₹2,00,000 / ₹[.] buyback value = [.] stocks.
Acceptance Ratio | Investment | Shares Buyback | Profit |
33% | ₹165000 | 132 | ₹11484 |
50% | ₹165000 | 200 | ₹17400 |
75% | ₹165000 | 300 | ₹26100 |
100% | ₹165000 | 400 | ₹34800 |
KRBL Financial Report
₹ in Crores | |||
Year | Revenue | Expense | PAT |
2021 | ₹39.92 | ₹31.70 | ₹5.59 |
2022 | ₹42.11 | ₹35.49 | ₹4.59 |
2023 | ₹53.63 | ₹44.24 | ₹7.01 |
How to Participate in KRBL Buyback 2023
The traders are eligible for the buyback scheme who’ve KRBL stocks of their Demat KRBLount because the at the Record Date. Eligible Share Holders can take part within the KRBL Buyback 2023 scheme as according to the outlet shape by way of promoting their stocks. The fee might be given as according to the KRBLepted stocks by way of the corporate beneath the KRBL buyback scheme.
KRBL Buyback 2023 Registrar
Alankit Assignments Ltd
Alankit House 2E/21,
Jhandewalan Extension,
New Delhi – 110055
Phone: (011) 4254 1234
Email: [email protected]
Website: http://ipo.alankit.com/
KRBL Buyback 2023 Lead Managers
- Elara Capital (India) Private
KRBL Company Address
KRBL Limited
5190, Lahori Gate,
Delhi – 110006,
Phone: +91-11-23968328
Email: [email protected]
Website: https://krblrice.com/
How to Apply the KRBL Buyback thru Zerodha?
Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on Corporate Actions. You will see the Company Name “KRBL”. Click on Place Order. Enter your Quantity and put up KRBL Buyback Application Form.
How to Apply the KRBL Buyback thru Upstox?
Log in to Upstox Application together with your credentials. Select the KRBLount Section. You will see the Company Name “KRBL”. Click on KRBL Stock for Buyback. Enter your Quantity and put up KRBL Buyback Application Form.
How to Apply the KRBL Buyback thru KRBL Money?
Log in to KRBL Money Application together with your credentials. Select the KRBL. Enter your Quantity and put up KRBL Buyback Application Form.
KRBL Buyback 2023 FAQs
When is KRBL Buyback 2023 Record Date?
KRBL buyback 2023 report date is August 25, 2023.
When is KRBL Buyback 2023 Open Date?
What is KRBL Buyback 2023 Price?
How to use for KRBL Buyback 2023?
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– Source : IPOWATCH