CERA Sanitaryware of ₹130 crores approved by the board of directors at the meeting was held on August 5, 2024. CERA Sanitaryware will be done via the Tender Offer route through the stock exchange mechanism. The board of directors of the company approved the buyback by the Company of its fully paid-up equity shares having a face value of ₹5 each equity share at a price of ₹12000 per Equity Share and for an aggregate amount not exceeding ₹130 crores from the shareholders. Check out CERA Sanitaryware Buyback 2024 details below:
CERA Sanitaryware Limited, founded in 1980, is well-known for its style, innovation, and leadership. It is currently India’s fastest-growing home solutions provider. The company sells a wide variety of goods, such as tiles, faucets, sanitaryware, and wellness options like whirlpools and upscale showers. It is a top choice for high-end home solutions because it collaborates with international design studios to launch luxury brands such as Senator and Isvea into the market. The company has a strong commitment to technology and employs robotic machines, 3D printing, and other advanced manufacturing techniques to ensure the highest quality standards. Its award-winning designs and environment-friendly products, such as water-saving toilets, are prime examples of the company’s commitment to innovation.
CERA Sanitaryware History
- N/A
CERA Sanitaryware Buyback 2024 Dates
Buyback Meeting Date: | August 5, 2024 |
Buyback Announcement Date: | August 5, 2024 |
Buyback Record Date: | August 16, 2024 |
Last Date to Buy Shares: | August 14, 2024 |
Buyback Open Date: | August 22, 2024 |
Buyback Close Date: | August 28, 2024 |
Finalization of Buyback Acceptance: | September 3, 2024 |
CERA Sanitaryware Buyback 2024 Offer Details
CERA Sanitaryware of 108,333 equity shares at a price of ₹12000 per equity share. The buyback offers not to exceed ₹130 crores of the total buyback offer size.
Offer Amount: | ₹130 Crores |
Number of Shares: | 108,333 Equity Shares |
Face Value: | ₹5 per equity share |
Buyback Price: | ₹12000 per equity share |
Listing: | BSE, NSE |
Buyback Type: | Tender Offer |
Letter of Offer: | Click Here |
CERA Sanitaryware Buyback 2024 Acceptance Ratio
The investor should buy around 17 shares at a current market price of ₹9030 (as of date). The calculation will be ₹2,00,000 / ₹12000 buyback price = 17 shares.
Acceptance Ratio | Investment | Shares Buyback | Profit |
33% | ₹153510 | 5 | ₹14850 |
50% | ₹153510 | 8 | ₹23760 |
75% | ₹153510 | 13 | ₹38610 |
100% | ₹153510 | 17 | ₹50490 |
CERA Sanitaryware Financial Report
₹ in Crores | |||
Year | Revenue | Expense | PAT |
2022 | ₹1,464.54 | ₹1,255.53 | ₹149.36 |
2023 | ₹1,833.61 | ₹1,546.89 | ₹209.66 |
2024 | ₹1,932.38 | ₹1,616.62 | ₹239.17 |
How to Participate in CERA Sanitaryware Buyback 2024
The investors are eligible for the buyback scheme who have CERA Sanitaryware shares in their Demat Account as the Record Date. Eligible Share Holders can participate in the CERA Sanitaryware Buyback 2024 scheme as per the opening form by selling their shares. The payment will be given as per the CERA Sanitarywareepted shares by the company under the CERA Sanitaryware scheme.
CERA Sanitaryware Buyback 2024 Registrar
Link Intime India Private Ltd
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/initial_offer/public-issues.html
CERA Sanitaryware Buyback 2024 Lead Managers
- Ambit Private Limited
CERA Sanitaryware Company Address
CERA Sanitaryware Limited
9, GIDC Industrial Estate,
Kadi, Dist.Mehsana,
North Gujarat, , Mehsana – 382715
Phone: +91 2764 243000
Email: [email protected]
Website: https://www.cera-india.com/
How to Apply the CERA Sanitaryware through 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 “CERA Sanitaryware”. Click on Place Order. Enter your Quantity and submit CERA Sanitaryware Application Form.
How to Apply the CERA Sanitaryware through Upstox?
Log in to Upstox Application with your credentials. Select the CERA Sanitaryware. You will see the Company Name “CERA Sanitaryware”. Click on CERA Sanitaryware Stock for Buyback. Enter your Quantity and submit CERA Sanitaryware Application Form.
How to Apply the CERA Sanitaryware through CERA Sanitaryware Paytm Money?
Log in to Paytm Money Application with your credentials. Select the CERA Sanitaryware. Enter your Quantity and submit CERA Sanitaryware Application Form.
One Response
If I hold 3 shares, am I eligible for buy back of all 3 shares?