Zerodha (Trading Account)
FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
Zerodha (Trading Account)
FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
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Incorporated in 1936, ACC Limited (ACC) is a leading player in the Indian building materials space, with a pan-India operational and marketing presence. ACC Limited is manufacturer of cement and ready mixed concrete. The company has 17 cement plants, 9 captive power plants, 85 ready mix concrete plants, 6,643 employees and a vast distribution network of 56,000 dealers & retailers and a countrywide spread of sales offices. From the Bhakra Nangal Dam in 1960 to the Mumbai-Pune Expressway, ACC cement is at the heart of iconic landmarks across the country.
ACC's brand architecture comprises the Gold range and Silver range of products assuring superior quality for general construction as well as for specialised applications and environments. The ready mix concrete product range provides one-stop solutions from basic requirements to high grades of concrete to build the country's tallest structures.
| Issue Period | August 26, 2022 - September 9, 2022 |
| Security Name | ACC Limited |
| Issue Type | Open Market Through Stock Exchange |
| Issue Size (Amount) | ₹11,259.98 Crores |
| Buyback Price | ₹2300 per share |
| Face Value | ₹10 per share |
| Listing At | BSE, NSE |
| Period Ended | Total Revenue | Net Worth |
|---|---|---|
| 31-Dec-19 | 15975.98 | 11546.93 |
| 31-Dec-20 | 14002.72 | 12702.37 |
| 31-Dec-21 | 16358.38 | 14312.18 |
| Amount in ₹ Crore | ||
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ACC Limited
Cement House,
121 Maharshi Karve Road,
Mumbai – 400020
Phone: +91-22-3302 4291
Email:
Website: http://www.acclimited.com/
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: acc.offer@linkintime.co.in
Website: https://linkintime.co.in/initial_offer/public-issues.html
Lead Manager(s)
The ACC Limited Buyback opens on August 26, 2022, and closes on September 9, 2022.
The ACC Limited Buyback is a Open Market Through Stock Exchange.
ACC Limited Buyback Schedule
| Buyback Opening Date | August 26, 2022 |
| Buyback Closing Date | September 9, 2022 |
| Last date for acceptance of shares | Upon relevant pay-out by the Stock exchange |
The ACC Limited Buyback is being offered at Rs ₹2300 per share per equity share.
There is no ratio applicable in case of open market offer through stock exchange mechanism.
There is no concept of record date in case of open market through stock exchange mechanism.
The ACC Limited Buyback has announced a buyback for an aggregate amount of not more than Rs. ₹11,259.98 Crores with pricing of Rs.₹2300 per share.
The necessity for ACC Limited Buyback is not yet declared.
Any equity shareholder holding the shares in Demat form can participate in the buyback offer through their stockbroker. The physical shareholder can participate only once the shares get converted into a Dematerialized form.
The shareholder needs to inform their broker on the details of the Equity shares they wish to sell. The broker will place a sell order whenever the company places a buy order for the buyback. The trade would get executed at the offer price or lesser only when the price offered by the shareholder matches with the buy order placed by the company.
The ACC Limited Buyback offers an opportunity for the shareholders to exit their positions at a premium price. In case you stay invested you would have an increased percentage of shareholding in the company and improved earnings per share. Thus, one should understand the company fundamentals along with one's need, goals, and risk appetite to decide if one wants to stay invested or participate in the buyback offer.
FREE Intraday Trading (Eq, F&O)
Flat ₹20 Per Trade in F&O
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What should investors do here ? What if we don't tender shares ? Is this scrip going to be de-listed from the exchanges after the open offer ?