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June 23, 2022 - July 6, 2022

Zydus Lifesciences Limited Buyback (Zydus Lifesciences Buyback) Detail

Zydus Lifesciences Limited is a leading Indian Pharmaceutical company that offers healthcare services globally. The company manufactures formulations, APIs, vaccines, biosimilars, complex products (transdermals, topical etc.), animal health products as well as wellness products.

Zydus Lifesciences Limited has more than 30 manufacturing plants worldwide including India, Germany, Brazil & USA. Zydus Lifesciences Limited is the fourth largest pharmaceutical company in India. Zydus Lifesciences was formerly known as Cadila Healthcare Limited.

Zydus Lifesciences Buyback Detail

Issue PeriodJune 23, 2022 - July 6, 2022
Security NameZydus Lifesciences Limited
Issue TypeTender Offer
Issue Size (Shares)11,538,461
Issue Size (Amount)₹750.00 Crores
Buyback Price₹650 per share
Face Value₹1 per share
Listing AtBSE, NSE

Zydus Lifesciences Buyback Issue Timetable

Record DateJune 2, 2022
Offer Opens OnJune 23, 2022
Last Date for receipt of Tender FormsJuly 6, 2022
Offer Closes On *July 6, 2022
Finalisation of Buyback AcceptanceJuly 14, 2022
Last Date for settlment of bidsJuly 15, 2022
Last Date for Extinguishment of SharesJuly 22, 2022

Buyback Ratio

Category Entitlement Ratio of Buyback
Reserved Category for Small Shareholders 26 Equity Share out of every 503 Fully paid-up Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders 1 Equity Shares out of every 101 Fully paid-up Equity Shares held on the Record Date.

Company Financials

Summary of financial Information (Consolidated)
Particulars For the year/period ended (Rs. in Million)
  31-Mar-22 31-Mar-21 31-Mar-20
Total Income 1,54,899 1,51,394 1,43,670
Profit After Tax 23,726 21,850 12,044
Net Worth 1,69,996 1,29,923 1,03,757

Stock price at BSE (in preceding 3 months)

Month High Price Low Price Average Price
Apr-2022 376.60 337.70 359.37
Mar-2022 379.00 331.00 359.62
Feb-2022 420.50 343.00 385.95

Stock price at NSE (in preceding 3 months)

Month High Price Low Price Average Price
Apr-2022 376.70 337.55 359.43
Mar-2022 378.60 331.55 359.63
Feb-2022 420.55 342.85 385.99

Necessity of the Issue

The buyback is being undertaken for the following reason:

1. The Buyback will help the Company to distribute a part of the surplus cash to its shareholders holding Equity Shares thereby, optimizing returns to the shareholders and enhancing the overall shareholders' value in longer term and improving the return on equity.

Zydus Lifesciences Buyback Documents

Zydus Lifesciences Buyback Rating

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Zydus Lifesciences Buyback Reviews

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Company Contact Information

Zydus Lifesciences Limited
Zydus Corporate Park, Scheme No. 63,
Khoraj (Gandhinagar), 536, Sarkhej-Gandhinagar Hwy
Near Vaishnodevi Circle, Ahmedabad, 382481

Phone: +91-79-71800000
Email: dhavalsoni@zyduslife.com
Website: https://www.zyduslife.com/index

Zydus Lifesciences Buyback Registrar

  1. 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: zyduslife.buyback2022@linkintime.co.in
    Website: https://linkintime.co.in/initial_offer/public-issues.html

Zydus Lifesciences Buyback Manager

Lead Manager(s)

  1. ICICI Securities Limited

Registered Broker

  1. ICICI Securities Limited
    Email: sumitkumar.singh@icicisecurities.com

Find Zydus Lifesciences Buyback Latest Update

Zydus Lifesciences Buyback FAQs

The Zydus Lifesciences Buyback opens on June 23, 2022, and closes on July 6, 2022.

The Zydus Lifesciences Buyback last day to buy is not available as of now.

The Zydus Lifesciences Buyback is a Tender Offer.

Zydus Lifesciences Buyback Schedule

Buyback Opening DateJune 23, 2022
Buyback Closing DateJuly 6, 2022
Last Date for receipt of Tender FormsJuly 6, 2022
Finalisation of Buyback AcceptanceJuly 14, 2022
Last Date for settlment of bidsJuly 15, 2022
Last Date for Extinguishment of SharesJuly 22, 2022

The Zydus Lifesciences Buyback is being offered at Rs ₹650 per share per equity share.

Category Entitlement Ratio of Buyback
Reserved Category for Small Shareholders 26 Equity Share out of every 503 Fully paid-up Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders 1 Equity Shares out of every 101 Fully paid-up Equity Shares held on the Record Date.

The record date for the Zydus Lifesciences Buyback is June 2, 2022.

The issue size of Zydus Lifesciences Buyback is of 11,538,461 equity shares at ₹650 per share aggregating upto ₹750.00 Crores.

The buyback is being undertaken for the following reason:

1. The Buyback will help the Company to distribute a part of the surplus cash to its shareholders holding Equity Shares thereby, optimizing returns to the shareholders and enhancing the overall shareholders' value in longer term and improving the return on equity.

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 Zydus Lifesciences 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.


55 Comments

55. Manik     Link|July 18, 2022 1:57:42 PM
When will the remaining shares be credited?
54. Mohsin     Link|July 17, 2022 12:03:49 AM
Anyone knows acceptance Ratio in General Category
53. Pratik Bharatbhai pawala     Link|July 16, 2022 11:42:38 AM
I have applied one share idea in my 16 demat accounts and all are accepted
52. Arvindaarvind     Link|July 16, 2022 7:03:55 AM
One share strategy is not working here like TCS
52.1. Mohsin     Link|July 16, 2022 10:41:10 AM
For me it works.
One one share accepted in 2 accounts of my frnds.
51. Mohsin     Link|July 14, 2022 10:52:56 PM
48 out of 400 shares &
60 out of 498 shares accepted.
12% Acceptance ratio.
51.2. Manik     Link|July 15, 2022 12:40:28 PM
Mohsin, where u get the figures 60 accepted out of 498.
In my account 59 accepted out of 500
51.3. Mohsin     Link|July 16, 2022 12:36:31 AM
60 accepted in my account as 498 tendered in buyback.
39000rs received in bank account today.
50. kaushik     Link|July 15, 2022 3:50:49 PM
at present shares from demat were locked offer closer on monday till then acceptance is not flashed i think...
50.1. SUSAN     Link|July 15, 2022 10:03:08 PM
You can check your status of acceptance from the following link after providing the necessary details. This address is given in the offer letter
49. sreevas     Link|July 15, 2022 4:04:50 PM
10 put of 92 accepted
49.1. sreevas     Link|July 15, 2022 6:43:02 PM
money also credited to my a/c
48. Murlidhar Methwani     Link|July 15, 2022 6:12:18 PM
01 out of 01 share accepted
47. Stephy     Link|July 15, 2022 5:06:56 PM
I had 50 in demat,
Applied for 25,
Executed 25
I am First time in buyback, will be credited 25 shares' buy back money to my account? Or there will be another procedures from their end?
46. Aman     Link|July 15, 2022 2:30:16 PM
I had 8 shares, 2 are taken. That makes it 25%.
45. Sai kumar     Link|July 15, 2022 11:12:07 AM
Today Morning message received from NSDL , Shares are debited , i have 200 qt in DP , My eligibility is 10 qt , but i tendered total 200 qt , debited total 200 qt from DP , What does it meaning ????/
45.2. Mohsin     Link|July 15, 2022 12:11:00 PM
Just check your mail for contract note of buyback shares.
As 12% acceptance ratio.

12 out of 100 accept.
24 out of 200 accept.
45.3. Raviraj     Link|July 15, 2022 12:48:03 PM
Offered 100 shares for buyback. Accepted 19 shares... so 19%.
Why is that discrepancy between 12% AR for some?
44. Mr. Luthra     Link|July 15, 2022 11:40:10 AM
CDSL: Debit in a/c *08027208 for 25-ZYDUS LIFESCIENCE-EQ on 15JUL

does it mean 25 shares are accepted for buyback?
43. Puneet     Link|July 15, 2022 8:11:18 AM
On 06/07/22, 1314 ZYDUS LIFE debited from your account . Does it means my 1314 shared has been accepted for buyback
42. MAMU     Link|July 14, 2022 10:26:41 PM
1 Share Accepted
41. Mangesh     Link|July 14, 2022 10:16:14 PM
I applied for 100 shares of zydus lifescience in bid..12 shares has been accepted in bidding.....12% AR....
40. divestocks     Link|July 14, 2022 9:06:01 PM
18% AR..I applied for 66 shares of zydus lifescience in bid..12 shares has been accepted in bidding.
39. Satya     Link|July 14, 2022 7:09:25 PM
Accepted 41 out of 344. Approx 12% AR
39.1. Deepak     Link|July 14, 2022 8:47:40 PM
How to check buyback status.. didn't get mail
38. Vinodbhalala     Link|July 14, 2022 2:09:53 PM
12/511. AR 12%👍
38.1. Barbarik     Link|July 14, 2022 3:34:53 PM
12/511 is around only 2 percent...
37. Darshan     Link|July 14, 2022 2:29:23 PM
Any news for ar
36. ELANGOVAN     Link|July 14, 2022 12:28:40 PM
Where can we check allotment status?

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