Dhanuka Agritech Buyback 2020 Review – Record Date, Price, and Details

Dhanuka Agritech Limited

Dhanuka Agritech Ltd is engaged in the manufactures a wide range of agro-chemicals like herbicides, insecticides, fungicides, plant growth regulators in various forms – liquid, dust, powder and granules. Dhanuka Agritech Ltd plans to purchase of 10 Lakhs shares via Buyback at ₹1,000 per equity share for an aggregate amount not exceeding ₹100 crores.

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Dhanuka Agritech Buyback 2020 Details & Review

Buyback TypeTender offer
Buyback Offer Amount:₹ 100 Crores
Date of Board Meeting Approval22 July 2020
Date of Public Announcement16 September 2020
Buyback Offer Size2.10 %
Buyback Number of Shares10,00,000
Price TypeTender Offer
Face Value10
Buyback Price₹ 1,000 Per Equity Share

Dhanuka Agritech Buyback 2020 Dates

Dhanuka Agritech Buyback Record Date28 September 2020
Opening Date20 October 2020 
Closing Date03 November 2020 (1.00 PM)
Obligation (Fund Payout)10 November 2020
Settlement Date (Shares Payout)11 November 2020
Offer PriceRs. 1000/- per share

Dhanuka Agritech Buyback Acceptance Ratio

Acceptance RatioTotal Shares AcceptedBuyback PriceBuyback AmountProfitProfit%
20%2001000200000439005.62%
40%40010004000008780011.25%
60%600100060000013170016.87%
80%800100080000017560022.50%
100%10001000100000021950028.12%

Profit and all other calculations is done on the basis of price on Sept 23, 2020 i.e. Rs.780.5

Dhanuka Agritech Financial Report

NarrationMar-14Mar-15Mar-16Mar-17Mar-18Mar-19Mar-20
Sales 738.41785.07828.79883.35962.631,005.841,120.07
Expenses617.86653.36688.97713.37796.40859.70946.57
Operating Profit120.55131.71139.82169.98166.23146.14173.50
Other Income 4.79 6.1312.5217.5116.0321.2025.09
Depreciation4.845.865.9114.8514.2112.3516.36
Interest4.172.601.101.101.051.041.71
Profit before tax116.33129.38145.33171.54167.00153.95180.52
Tax23.2023.3038.0249.6740.8341.3839.17
Net profit93.14106.08107.31121.87126.18112.58141.35
EPS18.63 21.22 21.4624.8225.7023.6529.70
PE13.5132.05 27.4532.0421.4316.4910.95
Price251.65 679.90 589.05795.25550.80389.90325.20

Dhanuka Agritech Buyback FAQs

What is Dhanuka Agritech Buyback Price?

The company has fixed the Dhanuka Agritech Buyback price at ₹1,000.

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What is the Dhanuka Agritech Buyback 2020 Record Date?

The company has announced 28th September 2020 as the Record Date

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