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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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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

35. Pbdrajkot     Link|July 14, 2022 11:36:57 AM
WHEN PAYOUT RECEIVE ?
34. TheLearner     Link|July 9, 2022 1:56:11 PM
AR WILL BE BETWEEN 10 TO 12%
33. Barbarik     Link|July 7, 2022 1:27:33 PM
@ kamma sir,
@ Arjuneye sir,

What will be AR ?
33.1. ARJUN'SEYE     Link|July 9, 2022 1:16:40 AM
Not more than 14%
32. sbipo     Link|June 22, 2022 3:08:07 PM
@kamma shiva rama krishna ji,
I have only 1 share bought deliberately for tendering in BB,would my 1 share be accepted?
Thanks
32.1. KAMMA SIVA RAMA KRISHNA     Link|June 22, 2022 10:02:19 PM
I suggest you to tender the share for Buyback. You will not loose anything, even if it is not accepted.
32.2. sbipo     Link|July 8, 2022 11:27:44 PM
@kamma siva ji,
If accepted,when equivalent would come in account?
Thanks
31. ASIF     Link|July 2, 2022 5:41:27 PM
IS THAT POSSIBLE TO APPLY FOR THIS SHARE BUY BACK WITH ONLY 40 SHARES IN DEMAT,
31.2. g     Link|July 7, 2022 11:07:46 AM
hello brother i apply for buyback if i amnot eligible for buy back then in how much time the shares come in my account
31.3. Mohsin     Link|July 7, 2022 6:07:37 PM
Settlement on 15 July.
30. VINEET JAIN     Link|July 7, 2022 4:41:20 PM
i have offered 2000 shares .how many shares would be buy back
29. Mohsin patel     Link|June 28, 2022 2:04:36 PM
Anyone can share link of live bidding of tendered shares in buyback on bse or nse.
28. Arijit Kundu     Link|June 23, 2022 12:15:27 PM
I have tendered shares for buyback today. When will they get absorbed by the company? Will I get notified as soon as they are absorbed? How? sms or email?
28.2. Yagnik     Link|June 24, 2022 1:35:08 PM
hi shashank,
Here is link for groww for zydus lifescience buyback and others as well!
28.3. dev     Link|June 24, 2022 2:35:46 PM
Hi yagnik, i am not able to find any link there.. can you send once again
27. Dev     Link|June 24, 2022 2:33:22 PM
how can we participate in buyback from groww app
26. mohit kalal     Link|June 3, 2022 1:34:52 AM
Hello,
I need help regarding this buyback i am holding 5200 shares in my demat account from last 1 year, so i want to inquire for how many shares can i place bid
26.1. Eazy     Link|June 3, 2022 6:53:42 AM
Wait for the email from the company that will come in the next few days. It will tell you how many shares you will be eligible to sell. Since your holdings are worth more than INR 2 lakhs, you will be in the non -retail category and the ratio will probably be much lower.
26.2. Subhrangshu Banerjee     Link|June 24, 2022 1:34:24 PM
You can apply for all share u have, will be decided by company how much u will get as buyback.
25. Vivek     Link|June 23, 2022 11:19:08 AM
Whether Zydus Life Buyback link is available in zerodha?
24. Yagnik     Link|June 22, 2022 8:49:50 PM
Hello anyone know if buyback available through groww and if not how to apply for buyback through other source ?
23. SSCHIN     Link|June 13, 2022 10:13:10 PM
I HVE GOT 0 SHARES IN ENTITELMENT AND I HAVE 10 SHARES ON RECORD DATE WHY IS THIS HAPPENING NOT EVEN 1 SHARE IS ENTITLED?
23.4. Sachin     Link|June 16, 2022 8:42:32 AM
Hi what could be AR.... I don't think there is any excitement around this buyback... So ar would be around 20 percent at least because not everyone will tender?
23.5. Eazy     Link|June 16, 2022 10:27:38 AM
What makes you say there is no excitement around the buyback ? Has anyone who owns eligible shares told you they don't plan to tender them ? The stock is trading at a significant discount to buyback price and I expect almost everyone to tender their shares. So, AR should be very close to the ER.
22. Srinivas     Link|June 14, 2022 4:39:14 PM
Hi, I have 11 shares, can I eligible for buyback ?
21. Dipendu     Link|June 13, 2022 11:03:03 PM
I am holding 5 share of cadilla for buyback purposes but now showing entitlement is 0 so what is ut happening??Advance Thanks you..
20. Mohsin patel     Link|June 13, 2022 8:59:43 PM
ER 5%

20/400
19. Barbarik     Link|June 4, 2022 1:04:58 AM
Arjun's Eye, what will be ER in this issue....
19.2. Barbarik     Link|June 13, 2022 8:49:02 PM
You are right sir AR is 5.16%.....
19.3. Barbarik     Link|June 13, 2022 8:52:04 PM
ER not AR
18. Amit     Link|June 13, 2022 8:22:00 PM
ER 22/430
17. MALAY SHETH     Link|June 13, 2022 7:39:00 PM
https://web.linkintime.co.in/Offer/Default.aspx

Zydus buyback eligible check link

5 % entitlement
16. Harshit Bhasin     Link|June 6, 2022 10:29:11 AM
What is the target price for june

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