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Shyam Century Ferrous Buyback 2022 Record Date, Price & Ratio Details – IPO Watch

Written by on October 25, 2022

Shyam Century Ferrous buyback 2022 to open on October 25 and will close on November 9, 2022. Shyam Century Ferrous buyback record date is September 27, 2022. The investor should buy the Shyam Century Ferrous shares before the record date to get eligibility for the buyback.

Shyam Century Ferrous Buyback of ₹28 crores approved by the board of directors. Shyam Century Ferrous Buyback will be done via the Open Market route through the stock exchange mechanism. The board of directors of the company approved the buyback by the Company of its fully paid-up equity shares having a face value of ₹1 each equity share at a price of ₹28 per Equity Share and for an aggregate amount not exceeding ₹28 crores from the shareholders. Check out Shyam Century Ferrous Buyback 2022 details below:

Shyam Century Ferrous Ltd is a public limited company incorporated on 12th April, 2011 under the Companies Act 1956. On incorporation the Registered Office of the Company was situated at 6, Lyons Range, Kolkata, West Bengal – 700 001. Further, the Registered Office of the Company was shifted from the State of West Bengal to Meghalaya atVillage: Lumshnong, Post Office: Khaliehriat, District: East Jaintia Hills, Meghalaya- 793210 vide the order dated 24th September 2014 passed by Regional Director, Ministry of Corporate Affairs, Kolkata.

Shyam Century Ferrous Buyback 2022 Dates

Buyback Record Date: September 27, 2022
Buyback Open Date: October 25, 2022
Buyback Close Date: November 9, 2022
Finalization of Buyback Acceptance: November 17, 2022
Shyam Century Ferrous Buyback 2022 Tentative Time Table

Shyam Century Ferrous Buyback 2022 Offer Details

Shyam Century Ferrous buyback of 1,00,00,000 equity shares at a price of ₹28 per equity share. The buyback offers not to exceed ₹28 crores of the total buyback offer size.

Offer Amount: ₹28 Crores
Number of Shares: 1 Crore Equity Shares
Face Value: ₹1 per equity share
Buyback Price: ₹28 per equity share
Listing: BSE, NSE
Buyback Type: Open Market
Letter of Offer: Click Here

Shyam Century Ferrous Buyback 2022 Acceptance Ratio

The investor should buy around 7142 shares at a current market price of ₹23.55 (as of September 27, 2022). The calculation will be ₹2,00,000 / ₹28 buyback price = 7142 shares.

Acceptance Ratio Investment Shares Buyback Profit
33% ₹1,68,214 2,357 ₹10,488
50% ₹1,68,214 3,571 ₹15,890
75% ₹1,68,214 5,357 ₹23,838
100% ₹1,68,214 7,142 ₹31,781

Shyam Century Ferrous Financial Report

₹ in Crores
Year Revenue Expense PAT
2020 ₹89.14 ₹86.97 ₹0.03
2021 ₹135.68 ₹132.45 ₹2.80
2022 ₹212.51 ₹134.03 ₹56.86

How to Participate in Shyam Century Ferrous Buyback 2022

The investors are eligible for the buyback scheme who have Shyam Century Ferrous shares in their Demat Shyam Century Ferrousount as the September 27, 2022. Eligible Share Holders can participate in the Shyam Century Ferrous Buyback 2022 scheme as per the opening form by selling their shares. The payment will be given as per the Shyam Century Ferrousepted shares by the company under the Shyam Century Ferrous buyback scheme.

Shyam Century Ferrous Buyback 2022 Registrar

Maheshwari Datamatics Pvt. Ltd
6, Mangoe Lane,
2nd Floor, Kolkata-700 001
Phone: 033 22435029 / 22482248
Email: [email protected]
Website: http://www.mdpl.in

Shyam Century Ferrous Buyback 2022 Lead Managers

  • Horizon Financial Pvt Ltd

Shyam Century Ferrous Company Address

Shyam Century Ferrous Limited
Village: Lumshnong, Khaliehriat,
East Jaintia Hills, 793210
Phone: +91-33 24015555
Email: [email protected]
Website: http://shyamcenturyferrous.com/

How to Apply the Shyam Century Ferrous Buyback through Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on Corporate Actions. You will see the Company Name “Shyam Century Ferrous”. Click on Place Order. Enter your Quantity and submit Shyam Century Ferrous Buyback Application Form.

How to Apply the Shyam Century Ferrous Buyback through Upstox?

Log in to Upstox Application with your credentials. Select the Shyam Century Ferrousount Section. You will see the Company Name “Shyam Century Ferrous”. Click on Shyam Century Ferrous Stock for Buyback. Enter your Quantity and submit Shyam Century Ferrous Buyback Application Form.

How to Apply the Shyam Century Ferrous Buyback through Paytm Money?

Log in to Paytm Money Application with your credentials. Select the Shyam Century Ferrous. Enter your Quantity and submit Shyam Century Ferrous Buyback Application Form.

Shyam Century Ferrous Buyback 2022 FAQs

When is Shyam Century Ferrous Buyback 2022 Record Date?

Shyam Century Ferrous buyback 2022 record date is September 27, 2022.

When is Shyam Century Ferrous Buyback 2022 Open Date?

Shyam Century Ferrous buyback 2022 open date is October 25.

What is Shyam Century Ferrous Buyback 2022 Price?

The company has fixed the price at ₹28 per share.

How to apply for Shyam Century Ferrous Buyback 2022?

As per the record date you need to have Shyam Century Ferrous shares in your Demat Account. You can participate in buyback after having the stock in your Account.

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