Piramal Enterprises Buyback of ₹1750 crores authorized via the board of administrators on the assembly used to be hung on July 28, 2023. Piramal Enterprises Buyback will probably be carried out by way of the Tender Offer path in the course of the inventory change mechanism. The board of administrators of the corporate authorized the buyback via the Company of its totally paid-up fairness stocks having a face price of ₹2 every fairness proportion at a value of ₹1250 in keeping with Equity Share and for an combination quantity now not exceeding ₹1750 crores from the shareholders. Check out Piramal Enterprises Buyback 2023 main points under:
Piramal Group is a world industry conglomerate with numerous pursuits in pharma, monetary services and products and actual property. The Group has workplaces in over 30 nations and a world logo presence in additional than 100 markets, and operates with over 10,000 folks international from 21 numerous nationalities. In over 3 many years of its lifestyles, Piramal Group has pursued a dual means of each natural and inorganic expansion. Driven via its core values, Piramal Group has strived for inclusive expansion, whilst adhering to moral and values-driven practices.
Piramal Enterprises Buyback History
- This is the primary Piramal Enterprises buyback so there is not any ancient knowledge.
Piramal Enterprises Buyback 2023 Dates
| Buyback Meeting Date: | July 28, 2023 |
| Buyback Announcement Date: | July 28, 2023 |
| Buyback Record Date: | July 25, 2023 |
| Last Date to Buy Shares: | July 24, 2023 |
| Buyback Open Date: | August 31, 2023 |
| Buyback Close Date: | September 6, 2023 |
| Finalization of Buyback Acceptance: | 2023 |
Piramal Enterprises Buyback 2023 Offer Details
Piramal Enterprises buyback of 1,40,00,000 fairness stocks at a value of ₹1250 in keeping with fairness proportion. The buyback gives to not exceed ₹1750 crores of the whole buyback be offering measurement.
| Offer Amount: | ₹1750 Crores |
| Number of Shares: | 1,40,00,000 Equity Shares |
| Face Value: | ₹2 in keeping with fairness proportion |
| Buyback Price: | ₹1250 in keeping with fairness proportion |
| Listing: | BSE and NSE |
| Buyback Type: | Open Market |
| Letter of Offer: | Click Here |
Piramal Enterprises Buyback 2023 Acceptance Ratio
The investor will have to purchase round [.] stocks at a present marketplace value of ₹[.] (as of date). The calculation will probably be ₹2,00,000 / ₹[.] buyback value = [.] stocks.
| Acceptance Ratio | Investment | Shares Buyback | Profit |
| 33% | ₹171,680 | 53 | ₹9,381 |
| 50% | ₹171,680 | 80 | ₹14,160 |
| 75% | ₹171,680 | 120 | ₹21,240 |
| 100% | ₹171,680 | 160 | ₹28,320 |
Piramal Enterprises Financial Report
| ₹ in Crores | |||
| Year | Revenue | Expense | PAT |
| 2020 | ₹13,068 | ₹6,801 | ₹21 |
| 2021 | ₹12,809 | ₹5,338 | ₹1,413 |
| 2022 | ₹7,726 | ₹1,984 | ₹1,999 |
How to Participate in Piramal Enterprises Buyback 2023
The traders are eligible for the buyback scheme who’ve Piramal Enterprises stocks of their Demat Piramal Enterprisesount because the Open Market. Eligible Share Holders can take part within the Piramal Enterprises Buyback 2023 scheme as in keeping with the outlet shape via promoting their stocks. The cost will probably be given as in keeping with the Piramal Enterprisesepted stocks via the corporate beneath the Piramal Enterprises buyback scheme.
Piramal Enterprises Buyback 2023 Registrar
Link Intime India Private Ltd
C 101, 247 Park, L.B.S.Marg,
Vikhroli (West), Mumbai – 400083
Phone: +91-22-4918 6270
Email: [email protected]
Website: https://linkintime.co.in/mipo/ipoallotment.html
Piramal Enterprises Buyback 2023 Lead Managers
Piramal Enterprises Company Address
Piramal Enterprises Limited
Piramal Ananta, Agastya Corporate Park,
Opposite Fire Brigade, Kamani Junction, LBS Marg,
Kurla (West), Mumbai – 400070
Phone: +91-22-3802 3000/400
Email: [email protected]
Website: https://www.piramal.com/
How to Apply the Piramal Enterprises Buyback via 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 “Piramal Enterprises”. Click on Place Order. Enter your Quantity and post Piramal Enterprises Buyback Application Form.
How to Apply the Piramal Enterprises Buyback via Upstox?
Log in to Upstox Application along with your credentials. Select the Piramal Enterprisesount Section. You will see the Company Name “Piramal Enterprises”. Click on Piramal Enterprises Stock for Buyback. Enter your Quantity and post Piramal Enterprises Buyback Application Form.
How to Apply the Piramal Enterprises Buyback via Piramal Enterprises Money?
Log in to Piramal Enterprises Money Application along with your credentials. Select the Piramal Enterprises. Enter your Quantity and post Piramal Enterprises Buyback Application Form.
Piramal Enterprises Buyback 2023 FAQs
When is Piramal Enterprises Buyback 2023 Record Date?
Piramal Enterprises buyback 2023 report date is August 25, 2023.
When is Piramal Enterprises Buyback 2023 Open Date?
What is Piramal Enterprises Buyback 2023 Price?
How to use for Piramal Enterprises Buyback 2023?
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– Source : IPOWATCH
