Sarda Energy buyback 2022 to open date is [.]. Sarda Energy buyback record date is May 06, 2022. The investor should buy the Sarda Energy shares on or before the record date to get eligibility for the buyback. Check out Sarda Energy Buyback 2022 details below:
Sarda Energy Buyback 2022 Dates
| Buyback Meeting Date: |
April 23, 2022
|
| Buyback Announcement Date: | April 23, 2022 |
| Buyback Record Date: | May 06, 2022 |
| Buyback Open Date: | – |
| Buyback Close Date: |
–
|
| Finalization of Buyback Acceptance: |
–
|
Sarda Energy Buyback 2022 Offer Details
Sarda Energy buyback of 800,000 equity shares at a price of ₹1,500 per equity share. The buyback offers not to exceed ₹121.67 crores of the total buyback offer size.
| Offer Amount: | ₹121.67 Crores |
| Number of Shares: |
800,000 Equity Shares
|
| Face Value: |
₹10 per equity share
|
| Buyback Price: | ₹1,500 per equity share |
| Listing: | BSE & NSE |
| Offer Letter: | Click Here |
| Buyback Type: | Tender Offer |
About Company – Sarda Energy
Sarda Energy & Minerals Limited (SEML), was incorporated in 1973. They are a flagship company of Sarda Group. They are an integrated producer of steel with captive iron ore. They are a manufacturer and exporter of niche-grade manganese-based ferroalloys. Self-sufficient captive power from Waste heat & coal. Interests in Hydropower projects through SPVs. A TWO STAR EXPORT HOUSE, recognized by the Ministry of Commerce & Industry, Govt. of India. SEML is one of the lowest-cost producers of steel (Sponge Iron, Billets, Ferro Alloys, Mining, Power, Pellets, Iron Ore, Wire Rod Mill, Eco Bricks) and one of the largest manufacturers and exporters of ferroalloys in India. Headquartered in Raipur, Chhattisgarh, the company merged Chhattisgarh Electricity Company Limited (CECL) with itself in 2007 with a vision to become a leading energy and minerals company.
Sarda Energy Buyback 2022 Acceptance Ratio
The investor should buy around 133 shares at a current market price of ₹1,250 (as of 25 April 2022). The calculation will be Rs.2,00,000 / 1500 buyback price = 133 shares.
| Acceptance Ratio | Investment | Shares Buyback | Profit |
| 33% | ₹166,666 | 43 | ₹10,750 |
| 50% | ₹166,666 | 66 | ₹16,500 |
| 75% | ₹166,666 | 99 | ₹24,750 |
| 100% | ₹166,666 | 133 | ₹33,250 |
Sarda Energy Financial Report
| ₹ in Crores | |||||
| Year | Revenue | Expense | PAT |
||
| 2019 | ₹1685 | ₹1314 | ₹215 | ||
| 2020 | ₹1485 | ₹1219 | ₹182 | ||
| 2021 | ₹1702 | ₹1272 | ₹297 | ||
Sarda Energy Buyback 2022 Eligible Share Holders
The investors are eligible for the buyback scheme who have Sarda Energy shares in their Demat account as the record date is May 06, 2022. Investors can participate in the Sarda Energy Buyback 2022 scheme as per the opening form by selling their shares. The payment will be given as per the accepted shares by the company under the Sarda Energy buyback scheme.
Sarda Energy Buyback 2022 Registrar
Bigshare Services Pvt Ltd
1st Floor, Bharat Tin Works Building,
Opp. Vasant Oasis,Makwana Road,
Marol, Andheri(E), Mumbai – 400 059
Phone: +91-22-6263 8200
Email: [email protected]
Website: http://www.bigshareonline.com
Sarda Energy Buyback 2022 Lead Managers
- Hem Securities Limited
Sarda Energy Company Address
Sarda Energy & Minerals Limited
Industrial Growth Center,
Siltara,
RAIPUR – 493 111
Phone: 91-771-2216000
Website: https://www.seml.co.in/
Sarda Energy Buyback 2022 FAQs
When is Sarda Energy Buyback 2022 Record Date?
Sarda Energy buyback 2022 record date is May 06, 2022.
When is Sarda Energy Buyback 2022 Open Date?
Sarda Energy buyback 2022 open date is (not fixed yet).
What is Sarda Energy Buyback 2022 Price?
The company has fixed the price at ₹1,500 per share.
How to particiate in Sarda Energy Buyback 2022?
As per the record date you need to have Sarda Energy shares in your Demat account. You can participate in buyback after having the stock in your account.
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