Dhampur Sugar Mills of ₹30 crores approved by the board of directors at the meeting was held on January 3, 2024. Dhampur Sugar Mills 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 ₹10 each equity share at a price of ₹300 per Equity Share and for an aggregate amount not exceeding ₹30 crores from the shareholders. Check out Dhampur Sugar Mills Buyback 2024 details below:
Since 1933, Dhampur Sugar Mills has established itself as a key player in India’s organized sugar business with a crushing capacity of 23,500 tonnes per day. They have expanded their portfolio into segments like green power, ethanol, alcohol, and industrial chemicals. Extensive and constant R&D efforts have helped them make their commodities affordable and accessible to the community. We are one of the oldest integrated sugar companies in India. Currently, the company has two production facilities in Uttar Pradesh – Dhampur and Rajpura – with an aggregate manufacturing capacity of 23,500 TCD. Their distillery has a capacity of 2,50,000 liters a day, with 130 KLPD under implementation, and their power segment generates 121 megawatts.
Dhampur Sugar Mills History
- N/A
Dhampur Sugar Mills Buyback 2024 Dates
| Buyback Meeting Date: | January 3, 2024 |
| Buyback Announcement Date: | January 3, 2024 |
| Buyback Record Date: | January 17, 2024 |
| Last Date to Buy Shares: | January 16, 2024 |
| Buyback Open Date: | January 23, 2024 |
| Buyback Close Date: | January 30, 2024 |
| Finalization of Buyback Acceptance: | February 5, 2024 |
Dhampur Sugar Mills Buyback 2024 Offer Details
Dhampur Sugar Mills of 10,00,000 equity shares at a price of ₹300 per equity share. The buyback offers not to exceed ₹30 crores of the total buyback offer size.
| Offer Amount: | ₹30 Crores |
| Number of Shares: | 10,00,000 Equity Shares |
| Face Value: | ₹10 per equity share |
| Buyback Price: | ₹300 per equity share |
| Listing: | BSE, NSE |
| Buyback Type: | Tender Offer |
| Letter of Offer: | Click Here |
Dhampur Sugar Mills Buyback 2024 Acceptance Ratio
The investor should buy around 666 shares at a current market price of ₹269 (as of date). The calculation will be ₹2,00,000 / ₹300 buyback price = 666 shares.
| Acceptance Ratio | Investment | Shares Buyback | Profit |
| 33% | ₹1,79,154 | 219 | ₹6,789 |
| 50% | ₹1,79,154 | 333 | ₹10,323 |
| 75% | ₹1,79,154 | 499 | ₹15,469 |
| 100% | ₹1,79,154 | 666 | ₹20,646 |
Dhampur Sugar Mills Financial Report
| ₹ in Crores | |||
| Year | Revenue | Expense | PAT |
| 2021 | ₹2,158 | ₹1,879 | ₹229 |
| 2022 | ₹1,904 | ₹1,613 | ₹144 |
| 2023 | ₹2,460 | ₹2,152 | ₹158 |
How to Participate in Dhampur Sugar Mills Buyback 2024
The investors who have Dhampur Sugar Mills shares in their Demat Account are eligible for the buyback scheme as the Record Date. Eligible Share Holders can participate in the Dhampur Sugar Mills Buyback 2024 scheme as per the opening form by selling their shares. The payment will be given as per the Dhampur Sugar Millsepted shares by the company under the Dhampur Sugar Mills scheme.
Dhampur Sugar Mills Buyback 2024 Registrar
Alankit Assignments Ltd
Phone: (011) 4254 1234
Email: [email protected]
Website: http://ipo.alankit.com/
Dhampur Sugar Mills Buyback 2024 Lead Managers
- Centrum Capital Limited
Dhampur Sugar Mills Company Address
Dhampur Sugar Mills Ltd
6th Floor, Max House
Okhla Industrial Estate,
Phase III New Delhi – 110020
Phone: +91 011-41259400
Email: [email protected]
Website: https://www.dhampursugar.com/
