CERA Sanitaryware Buyback 2024 Record Date, Price & Ratio Details

CERA Sanitaryware Buyback 2024 details: The CERA Sanitaryware open date is August 22, 2024. CERA Sanitaryware record date August 16, 2024. The investor should buy the CERA Sanitaryware shares before the record date to get eligibility for the buyback.
CERA Sanitaryware Buyback 2024

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 RatioInvestmentShares BuybackProfit
33%₹1535105₹14850
50%₹1535108₹23760
75%₹15351013₹38610
100%₹15351017₹50490

CERA Sanitaryware Financial Report

₹ in Crores
YearRevenueExpensePAT
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.

CERA Sanitaryware Buyback 2024 FAQs


When is CERA Sanitaryware Buyback 2024 Record Date?

CERA Sanitaryware Buyback 2024 record date is August 16, 2024.

When is CERA Sanitaryware Buyback 2024 Open Date?

CERA Sanitaryware Buyback 2024 open date is August 22, 2024.

What is CERA Sanitaryware Buyback 2024 Price?

The company has fixed the price at ₹12000 per share.

How to apply for CERA Sanitaryware Buyback 2024?

As per the record date you need to have CERA Sanitaryware shares in your Demat Account. You can participate in buyback after having the stock in your Account.

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