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Wednesday, July 24, 2024

Zydus Lifesciences Buyback 2022 Review – Record Date, Price, And Details

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.

The company is formerly known as Cadila Healthcare Limited. It is an Indian multinational pharmaceutical company headquartered in Ahmedabad, which is primarily engaged in the manufacture of generic drugs. It ranked 100th in the Fortune India 500 list in 2020.

Zydus Lifesciences plans to purchase 1.15 crore shares via Buyback at ₹650 per equity share for an aggregate amount not exceeding ₹750 Crores. The Zydus Lifesciences Buyback 2022 can only be meaningful if the share price goes below Rs 700 per share.

Zydus Lifesciences Buyback 2022 Details & Review

Buyback TypeTender offer
Buyback Offer Amount:₹ 750 Cr
Buyback Number of Shares1.15 Crores
Price TypeTender Offer
Face Value₹1 per share
Buyback Price₹ 650 Per Equity Share

Zydus Lifesciences Buyback 2022 Dates

Majesco Buyback Record Date2 June 2022
Opening Date23 June 2022 
Closing Date6 July 2022 (1.00 PM)
Obligation (Fund Payout)14 July 2022
Settlement Date (Shares Payout)15 July 2022

Zydus Lifesciences Buyback Ratio

CategoryEntitlement Ratio of Buyback
Reserved Category for Small Shareholders26 Equity Share out of every 503 Fully paid-up Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders1 Equity Shares out of every 101 Fully paid-up Equity Shares held on the Record Date.

Zydus Lifesciences Financial Report

Particulars(Cr)Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2022
Sales 9,37611,90513,16614,25315,10215,265
Expenses 7,4749,07410,17411,45511,75811,924
Operating Profit1,9022,8312,9912,7983,3443,341
OPM %20%24%23%20%22%22%
Other Income 127111183-264-1712,583
Profit before tax1,6122,3122,3821,4952,2855,084
Tax %8%24%22%21%6%10%
Net Profit1,4881,7761,8491,1772,1344,487
EPS in Rs14.5317.3518.0611.4920.8443.83
Dividend Payout %22%20%19%30%17%6%
Source: Screener.in

Zydus Lifesciences Buyback FAQs

What is Zydus Lifesciences Buyback Price?

The company has fixed the Zydus Lifesciences Buyback price at ₹650.

What is the Zydus Lifesciences Buyback 2022 Record Date?

The company has announced 2nd June 2022 as the Record Date

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