Godawari Power & Ispat Buyback 2024 Record Date, Price & Ratio Details

Godawari Power & Ispat Buyback 2024 details: The Godawari Power & Ispat open date is June [.], 2024. Godawari Power & Ispat record date June 28, 2024. The investor should buy the Godawari Power & Ispat shares before the record date to get eligibility for the buyback.

Godawari Power & Ispat BuyBack

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Godawari Power & Ispat of ₹301 crores approved by the board of directors at the meeting was held on June 28, 2024. Godawari Power & Ispat 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 ₹1400 per Equity Share and for an aggregate amount not exceeding ₹301 crores from the shareholders. Check out Godawari Power & Ispat Buyback 2024 details below:


Godawari Power & Ispat Limited is a leading fully integrated steel company in India, operating across the entire steel value chain. From extracting iron ore at its owned mines to producing high-value steel products and iron ore pellets, the company is well-known for its reliable and effective manufacturing processes. Through investments in clean technologies and ethical business practices, it places a strong emphasis on sustainability. Godawari Power & Ispat Limited keeps innovating and growing while maintaining an emphasis on quality and customer satisfaction. The company manages its debt gradually and makes smart reinvestment to help it navigate market cycles.

Godawari Power & Ispat History


Godawari Power & Ispat Buyback 2024 Dates

Buyback Meeting Date:June 15, 2024
Buyback Announcement Date:June 15, 2024
Buyback Record Date:June 28, 2024
Last Date to Buy Shares:June 27, 2024
Buyback Open Date:July 2024
Buyback Close Date:July 2024
Finalization of Buyback Acceptance:July 2024

Godawari Power & Ispat Buyback 2024 Offer Details

Godawari Power & Ispat of 215,000 equity shares at a price of ₹1400 per equity share. The buyback offers not to exceed ₹301 crores of the total buyback offer size.

Offer Amount:₹301 Crores
Number of Shares:215,000 Equity Shares
Face Value:₹5 per equity share
Buyback Price:₹1400 per equity share
Listing:BSE, NSE
Buyback Type:Tender Offer
Letter of Offer:Click Here

Godawari Power & Ispat Buyback 2024 Acceptance Ratio

The investor should buy around 143 shares at a current market price of ₹1078 (as of June 14, 2024). The calculation will be ₹2,00,000 / ₹1400 buyback price = 143 shares.

Acceptance RatioInvestmentShares BuybackProfit
33%₹154,15447₹15,134
50%₹154,15471₹22,862
75%₹154,154107₹34,454
100%₹154,154143₹46,046

Godawari Power & Ispat Financial Report

₹ in Crores
YearRevenueExpensePAT
2021₹3949₹2812₹655
2022₹5397₹3529₹1467
2023₹5745₹4612₹793
2024₹5455₹4127₹936

How to Participate in Godawari Power & Ispat Buyback 2024

The investors are eligible for the buyback scheme who have Godawari Power & Ispat shares in their Demat Account as the Record Date. Eligible Share Holders can participate in the Godawari Power & Ispat Buyback 2024 scheme as per the opening form by selling their shares. The payment will be given as per the Godawari Power & Ispatepted shares by the company under the Godawari Power & Ispat scheme.

Godawari Power & Ispat Buyback 2024 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/initial_offer/public-issues.html

Godawari Power & Ispat Buyback 2024 Lead Managers

  • Mark Corporate Advisors Private Limited

Godawari Power & Ispat Company Address

Godawari Power & Ispat Limited
428/2, Phase-I,
Industrial Area,
Siltara – 493111 Dist. Raipur
Phone: +91 771 4082333 / 40
Email: [email protected]
Website: http://www.godawaripowerispat.com

How to Apply the Godawari Power & Ispat 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 “Godawari Power & Ispat”. Click on Place Order. Enter your Quantity and submit Godawari Power & Ispat Application Form.

How to Apply the Godawari Power & Ispat through Upstox?

Log in to Upstox Application with your credentials. Select the Godawari Power & Ispat. You will see the Company Name “Godawari Power & Ispat”. Click on Godawari Power & Ispat Stock for Buyback. Enter your Quantity and submit Godawari Power & Ispat Application Form.

How to Apply the Godawari Power & Ispat through Godawari Power & Ispat Paytm Money?

Log in to Paytm Money Application with your credentials. Select the Godawari Power & Ispat. Enter your Quantity and submit Godawari Power & Ispat Application Form.

Godawari Power & Ispat Buyback 2024 FAQs


When is Godawari Power & Ispat Buyback 2024 Record Date?

Godawari Power & Ispat Buyback 2024 record date is June 28, 2024.

When is Godawari Power & Ispat Buyback 2024 Open Date?

Godawari Power & Ispat Buyback 2024 open date is TBA.

What is Godawari Power & Ispat Buyback 2024 Price?

The company has fixed the price at ₹1400 per share.

How to apply for Godawari Power & Ispat Buyback 2024?

As per the record date you need to have Godawari Power & Ispat shares in your Demat Account. You can participate in buyback after having the stock in your Account.

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