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Incorporated in 1988, SJVN Ltd (BSE Code:533206;NSE:SJVN, Satluj Jal Vidyut Nigam Ltd) is a hydroelectric power generation company. The Company has approx 1,500 MW hydroelectric power generation capacity which is the largest in India. Processing unit is on the Sutlej River in the state of Himachal Pradesh.
Jan 4,2018 - SJVN Ltd Board is going to consider a share buyback in board meeting which is planned on Monday Jan 08,2018.
Jan 08,2018 - SJVN Ltd. (BSE Code:533206;NSE:SJVN) board has approved a proposal for buyback of up to 20.68 Cr shares at Rs 38.75 per share, aggregating Rs 801.47 crore which is approx 5% of the total paid-up equity capital.
Below is the complete details about SJVN Ltd Buyback. Record date, buyback open and close dates are announce in below section.
Buyback Type: | Tender Offer |
Buyback Offer Amount: | Rs 801.47 Cr |
Buyback Number of Shares: | 20.68 Cr |
Buyback Price: | Rs 38.75 |
Buyback Offer Size (In %): | 5% |
Total Share Capital: | Rs 15,905.33 Cr |
Face Value: | 10 Per Equity Share |
Can I Invest today to participate in SJVN Ltd buyback offer? No
In this section we have covered all important dates related to SJVN Ltd Buyback. Dates are updated as they are announced. The most noted dates are record date and buyback open and close dates, which one should use to participate in buyback.
Buyback Activity | Date |
---|---|
Board Meeting for Buyback proposal | 8th Jan 2018 |
Buyback Approval date | 8th Jan 2018 |
Public Announcement of Buyback | 8th Jan 2018 |
Record Date | 18th Jan 2018 |
Buyback opens on/Buyback Opening Date | 14th Feb 2018 |
Buyback closes on/Buyback Closing Date | 28th Feb 2018 |
Cut-off date to receive completed tender forms by Registrar | |
Cut-off date for verification by the Registrar | 5th Mar 2018 |
Cut-off date to inform Stock Exchange on acceptance or non-acceptance
of tendered Equity Shares by Registrar |
9th Mar 2018 |
Last date of settlement of bids on the stock exchange | 12th Mar 2018 |
Last date to return unaccepted shares by Registrar | 12th Mar 2018 |
Last date of extinguishment of Equity Shares | 19th Mar 2018 |
Stock Holding table gives a clear picture on retail investor holdings of SJVN Ltd shares which helps investor to decide on participating in buyback offer. The less number of retail holdings means higher chance of acceptance in buyback under retail category which is equal to higher profit.
Holding Type | In % |
---|---|
Promoter-Foreign | 0.0% |
Promoter-Indian | 89.97% |
Non-Promoter-Institutions | 6.05% |
Non-Promoter-Non-Institutions | 3.98% |
Category | Entitlement Ratio of Buyback Per Equity Shares | Entitlement Ratio of Buyback in % |
---|---|---|
Reserved Category | 27 Equity Share out of every 61 fully paid-up Equity Share held on the Record Date. | 44.26 |
General Category | 23 Equity Share out of every 532 fully paid-up Equity Share held on the Record Date. | 4.32% |
For SJVN Ltd Buyback Offer, Report updated by the manager of buyback -
In general category - response received 176.38%, No. of Equity Shares reserved in Buyback was 175806626 where valid bid received for retail category was 310093055 which is 176.38% oversubscribed.
In Reserved category for Small Shareholders (Retail) - response received only 71.15%, No. of Equity Shares reserved in Buyback was 31024699 where valid bid received for retail category was 22072566 which is 71.15%. Final Acceptance Ratio for Retail Investors was 100%.
The table below will give you a complete dashboard view for all open buyback offer in current market.
Company Name | Buyback Type | Offer Amount | Buyback Price | CMP | Record Date | Buyback Open Date | Buyback End Date |
---|---|---|---|---|---|---|---|
Tanla Platforms Ltd | Tender Offer | Rs 170 Cr | 1200 | 935.70 (-3.18%) | 25-10-2022 | TBD | TBD | Garware Technical Fibres Ltd | Tender Offer | Rs 90 Cr | 3750 | 4-11-2022 | TBD | TBD | Orbit Exports Limited | Tender Offer | Rs 10 Cr | 245 | 176.75 (-1.81%) | 18-11-2022 | TBD | TBD | KRBL Limited | Tender Offer | ₹325.00Cr | 500 | 295.90 (-1.10%) | 25-08-2023 | TBD | TBD | Tips Industries Limited | Tender Offer | ₹37.19Cr | 625 | 459.70 (-0.27%) | 22-04-2024 | 26-04-2024 | 03-05-2024 |
Detail Article on Benefit from buyback offer >> Read
SJVN Ltd Buyback Important dates - Record Date,Buyback Start and End date. Buyback Details - Buyback Price, Buyback Offer Size, Buyback Number of Shares, Retail Investors limit. What is the record date for SJVN Ltd? How can I apply in SJVN Ltd Buyback offer?Last Updated on 2018-10-25T03:57:47+00:00