Free Account Opening + AMC Free Demat
Loading...
July 19, 2023 - July 25, 2023

Amrutanjan Health Care Limited Buyback (Amrutanjan Health Care Buyback 2023) Detail

Incorporated in 1936, Amrutanjan Health Care Limited is among the pioneers of pain and congestion management since 1893. The company's expertise lie in combining science with naturalness and is committed to offering solutions to get rid of various physical pains.

The products of Amrutanjan Health Care are broadly marketed under the following segments:

  • Pain Management
  • Congestion Management
  • Women's Hygiene
  • Beverages
  • Other Products

The company's products root in the usage of Ayurveda, Naturalness, and herbs. Amrutanjan Health Care Limited is presently being led under the leadership of Mr. Sambhu Prasad Sivalenka, as the Chairman and Managing Director.

Some of the products of Amrutanjan include New Maha Strong Pain Balm, Roll-on, Stick-on Patch, Relief Cough Syrup, Relief Swas Mint, Comfy Snug Fit, Amrutanjan Stop Pain Dental Gel, Decorn Corn Caps, Fruitnik, Fruitnik Electro+, and so on. These are some of the products offered in the product basket of Amrutanjan Health Care Limited.

Amrutanjan Health Care Buyback 2023 Detail

Issue PeriodJuly 19, 2023 - July 25, 2023
Security NameAmrutanjan Health Care Limited
Issue TypeTender Offer
Issue Size (Shares)320,000
Issue Size (Amount)₹28.80 Crores
Buyback Price₹900 per share
Face Value₹1 per share
Listing AtBSE, NSE

Amrutanjan Health Care Buyback 2023 Issue Timetable

Last Date to buy sharesJuly 12, 2023
Record DateJuly 13, 2023
Offer Opens OnJuly 19, 2023
Last Date for receipt of Tender Forms
Offer Closes On *July 25, 2023
Finalisation of Buyback Acceptance
Last Date for settlment of bids
Last Date for Extinguishment of Shares
* Last Date to Tender shares on Zerodha : July 24, 2023

Buyback Ratio

CategoryEntitlement Ratio of BuybackShares Offered
Reserved Category for Small Shareholders2 Equity Shares out of every 91 Fully paid-up Equity Shares held on the Record Date.53,652.00
General Category for all other Eligible Shareholders2 Equity Shares out of every 91 Fully paid-up Equity Shares held on the Record Date.266,348.00

Company Financials

Amrutanjan Health Care Limited Financial Information (Restated)
Period EndedTotal AssetsTotal RevenueProfit After Tax
31-Mar-19187.61260.3624.51
31-Mar-20205.35269.8025.08
31-Mar-21274.27344.1661.19
31-Mar-22349.87421.2267.19
31-Mar-23362.09394.1839.83
Amount in ₹ Crore

Stock price at BSE (in preceding 3 months)

Month High Price Low Price Average Price
Jun-2023 737.50 588.65 622.82
May-2023 608.05 582.55 599.85
Apr-2023 623.85 593.90 607.21

Stock price at NSE (in preceding 3 months)

Month High Price Low Price Average Price
Jun-2023 738.25 586.95 622.18
May-2023 608.25 583.60 599.70
Apr-2023 624.00 593.15 607.00

Necessity of the Issue

The proposed Buy-back will help the Company achieve the following objectives:

  1. Improve the valuation of the Company and fair valuation of the share price
  2. Enhancing the overall return to shareholders in the long run
  3. Creating long term value for shareholders
  4. Improving the fundamental ratios of the Company
  5. Exit option to shareholders, particularly small shareholders, at a premium over market price.

Amrutanjan Health Care Buyback 2023 Documents

Amrutanjan Health Care Buyback 2023 Rating

16
3.4
Rating:Rated 3.4 stars
Vote Here ...

Amrutanjan Health Care Buyback 2023 Reviews

Sorry, we couldn't find any reviews, please check back later.

Company Contact Information

Amrutanjan Health Care Limited
103, (Old No. 42-45),
Luz Church Road
Mylapore, Chennai - 600 004

Phone: +91 44 2499 4465
Email: investors@amrutanjan.com
Website: https://www.amrutanjan.com/index.html

Amrutanjan Health Care Buyback 2023 Registrar

  1. Cameo Corporate Services Limited
       Cameo Corporate Services Ltd.,
       Subramanian Building # 1, Club House Road,
       Chennai 600 002 - India

    Phone: +91-44-28460390
    Email: priya@cameoindia.com
    Website: https://ipo.cameoindia.com/

Amrutanjan Health Care Buyback 2023 Manager

Lead Manager(s)

  1. Saffron Capital Advisors Private Limited

Registered Broker

  1. Choice Equity Broking Pvt Ltd
    Email:

Find Amrutanjan Health Care Buyback 2023 Latest Update

Amrutanjan Health Care Buyback 2023 FAQs

The Amrutanjan Health Care Buyback 2023 opens on July 19, 2023, and closes on July 25, 2023.

Last date to be eligible to participate in buyback is July 12, 2023.

The Amrutanjan Health Care Buyback 2023 is a Tender Offer.

Amrutanjan Health Care Buyback 2023 Schedule

Buyback Opening DateJuly 19, 2023
Buyback Closing DateJuly 25, 2023
Last Date for receipt of Tender Forms
Finalisation of Buyback Acceptance
Last Date for settlment of bids
Last Date for Extinguishment of Shares

The Amrutanjan Health Care Buyback 2023 is being offered at Rs ₹900 per share per equity share.

CategoryEntitlement Ratio of BuybackShares Offered
Reserved Category for Small Shareholders2 Equity Shares out of every 91 Fully paid-up Equity Shares held on the Record Date.53,652.00
General Category for all other Eligible Shareholders2 Equity Shares out of every 91 Fully paid-up Equity Shares held on the Record Date.266,348.00

The record date for the Amrutanjan Health Care Buyback 2023 is July 13, 2023.

The issue size of Amrutanjan Health Care Buyback 2023 is of 320,000 equity shares at ₹900 per share aggregating upto ₹28.80 Crores.

The proposed Buy-back will help the Company achieve the following objectives:

  1. Improve the valuation of the Company and fair valuation of the share price
  2. Enhancing the overall return to shareholders in the long run
  3. Creating long term value for shareholders
  4. Improving the fundamental ratios of the Company
  5. Exit option to shareholders, particularly small shareholders, at a premium over market price.

All the eligible Shareholders of the Company holding either Physical Shares or Demat Shares as on the Record Date can participate in the buyback offer through their Stock Broker.

The eligible shareholder holding the shares in Demat form needs to inform their broker the details of the Equity shares they wish to tender in the Buyback Offer. The shareholder needs to transfer the tendered shares to a Special account of the clearing corporation. The broker, in turn, would place an order on the stock exchange for the buyback.

The eligible shareholder holding the shares in physical form needs to approach their broker with original share certificates and supporting documents. Upon completion of document verification, the broker places an order on the stock exchange and submits the original share certificate and TRS to the registrar.

The tender form and TRS are optional in the case of Demat shares but mandatory in the case of physical shares.

The Amrutanjan Health Care Buyback 2023 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.


18 Comments

18. Gandhi priyal     Link|July 20, 2023 10:39:03 AM
I buy Amrutanjan Shar Before record date Of buy Back But till date I didn't Recive Any Mail Regarding Buy Back So I Eligible for Buy Back Or not ??
(I am Applying In buy Back for the First time) please Guide
18.1. Jigar     Link|August 22, 2023 7:26:18 PM
July 19 open
July 25 close
Now no buy back date are gone
Buy back payment credit on 1-08-2023 Bank account
17. adrian aranha     Link|August 14, 2023 6:46:40 AM
i havent recieved any funds from the buyback of 25shares of amruthanjan healtcare.
the email address for saffron advisors isnt working (buyback and investor @saffron)
kindly let me know what to do.
rgds
16. ashish     Link|August 1, 2023 5:39:00 PM
MY EXPECTATION FOR AR WILL BE 18 TO 20%
16.1. Ganapati S Hegde FCA.     Link|August 1, 2023 7:09:41 PM
I got credit of rs 900 in 7 different acs for 1 share offer basis. Remaing 3:is pending. It should happen too.
15. Jaykishan     Link|August 1, 2023 2:25:12 PM
What was the acceptance ratio?
14. ashish     Link|July 26, 2023 9:45:40 AM
where to find how much retail subscrption in ameutanjan buy back
13. Build Wealth     Link|July 22, 2023 8:19:20 PM
expected AR? any way to find the estimates?
12. SSS     Link|July 22, 2023 1:12:06 PM
How to apply from Sharekhan?
11. Investor From India     Link|July 17, 2023 1:58:37 PM
offer opens on ? any details on dates?
11.1. Kishen     Link|July 17, 2023 3:35:21 PM
July 19 open
July 25 close
11.2. Khodidas Somaiya     Link|July 18, 2023 7:27:04 PM
Where you find details of Offer open date n close date .? @ Kishen sir...?
10. Kousik Chakravarti     Link|July 13, 2023 9:12:13 PM
@admin
Please open a page for Ashiana housing buyback.
9. Ram     Link|July 13, 2023 4:35:37 PM
I am buy Amrutanjan shares on wednesday 12 july.settlement date showing on cdsl is 14th july but record date is 13th so.i am eligible for participate in buyback? please Ans
8. KAMMA SIVA RAMA KRISHNA     Link|July 12, 2023 9:32:27 PM
Ashiana housing limited buyback
RECORD DATE: 28/7/2023
8.1. KAMMA SIVA RAMA KRISHNA     Link|July 13, 2023 12:57:36 AM
Sorry for repeating.
7. KAMMA SIVA RAMA KRISHNA     Link|July 12, 2023 9:29:54 PM
ASHIANA HOUSING LIMITED
Buyback Type:       Tender Offer
Buyback Record Date:       Jul 28 2023
Buyback Offer Amount: ₹ 55 crores
Buyback Size:       18,27,242 shares I.e.,1.78%


Buyback Price:      ₹ 301 Per Equity Share
6. Puneri Don     Link|July 8, 2023 3:51:24 PM
Can these small companies also give good returns like wipro ?? If anyone has experience with small company's buyback, please share...
5. KAMMA SIVA RAMA KRISHNA     Link|July 8, 2023 11:14:37 AM
21/7/2023 is the Record Date for the GOLDIAM Buyback. All the best.
4. Shreha     Link|July 7, 2023 12:38:41 PM
How much share will it buyback
3. RR     Link|July 6, 2023 3:43:08 PM
@Admin
Kindly update about the BSE buyback.
Thanks.
2. Pbdrajkot     Link|July 1, 2023 10:35:44 AM
1 share strategy will work here for buyback?
2.3. Imran     Link|July 2, 2023 2:59:40 PM
Realy!!! 🤩🤩🤩 Could you please tell me the exact rule. It sounds great!!! 👌👌👌
2.4. Mohsin Patel     Link|July 2, 2023 3:21:13 PM

SEBI (Buyback of
Securities) Regulations,

• As per Regulation 6 of the 2018, fifteen percent of the number of securities which the company proposes to buy back or number of securities entitled as per their shareholding, whichever is higher, shall be reserved for small share holders.
1. Akshay     Link|July 2, 2023 9:28:18 AM
Can someone explain "Acceptance ratio calculation" of one share strategy. Thanks

Compare Buybacks with Amrutanjan Health Care Buyback 2023