The Cheviot Company Limited date has been confirmed from June 20, 2024 – June 26, 2024.
Founded in 1897, Cheviot Company Limited manufactures jute products and fabrics, serving domestic and international markets. The company is well-known for producing high-quality technical jute fabrics for export. Its manufacturing facilities are situated at 19 Mehta Road, Bade Kalinagar, Budge Budge, 700137, and Sector II, Falta Special Economic Zone, Falta 24-Parganas (South), both located in the state of West Bengal, India.
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Key Details Of Cheviot Company Limited
Bidding Dates
June 20-26
Buyback Price
₹1800 per share
Face Value
₹10 per share
Offer Closes On
June 26, 2024
Cheviot Company Limited IPO Buyback Price
The Cheviot Company Limited Buyback Price is ₹1800 per share.
IPO Overview
The Cheviot Company Buyback 2024 open and close dates are not available as of now. ast date to be eligible to participate in buyback is June 13, 2024. Cheviot Company Limited’s revenue decreased by -3.26% and profit after tax (PAT) dropped by -31.36% between the financial year ending with March 31, 2023 and March 31, 2022.
Cheviot Company Limited Buyback Detail
| Issue Period | June 20, 2024 – June 26, 2024 |
| Security Name | Cheviot Company Limited |
| Issue Type | Tender Offer |
| Issue Size (Shares) | 175,000 (2.91 % of Total number of equity Shares) |
| Issue Size (Amount) | ₹31.50 Crores |
| Buyback Price | ₹1800 per share |
| Face Value | ₹10 per share |
| Listing At | BSE, NSE |
Cheviot Company Limited Financial Information
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Revenue | 507.80 | 574.31 | 593.63 |
| Profit After Tax | 69.39 | 54.46 | 79.35 |
| Net Worth | 483.53 | 450.46 | 421.01 |
| Reserves and Surplus | 477.51 | 444.44 | 414.99 |
| Amount in ₹ Crore | |||
Cheviot Company Limited Buyback Issue Timetable
| Last Date to buy shares | June 13, 2024 |
| Record Date | June 14, 2024 |
| Offer Opens On | June 20, 2024 |
| Last Date for receipt of Tender Forms | July 1, 2024 |
| Offer Closes On * | June 26, 2024 |
| Finalisation of Buyback Acceptance | July 2, 2024 |
| Last Date for settlment of bids | July 3, 2024 |
| Last Date for Extinguishment of Shares | July 12, 2024 |
Company Profile
Founded in 1897, Cheviot Company Limited manufactures jute products and fabrics serving domestic and international markets. Cheviot is a strong force in sustainable solutions for textiles, tea, and education due to its rich and varied background. Under the leadership of Mr. H.V. Kanoria, former chairman of the Indian Jute Mills Association and Vice Chairman of the Indian Chamber of Commerce, Cheviot has experienced continuous growth and is expected to continue improving. Cheviot dedicated funds to launching a new range of gardening
products and lightweight geotextiles, solidifying its presence in the United States.
Registrar Info
| Name | Maheshwari Datamatics Pvt. Ltd |
| Phone number | 033 22435029 / 22482248 |
| Email ID | [email protected] |
| Website | mdpl.in |
Contact Details
| Name | Cheviot Company Limited |
| Phone number | +91 82320 87911 |
| Email ID | [email protected] |
| Website | cheviotgroup.com |
IPO Strengths
- Experienced promoters and a competent management team.
- Well-established relationships with a loyal customer base.
- Access to markets worldwide, enabling global reach.
IPO Weakness
- Heavy reliance on customers based in the United States.
- Need to adhere to multiple laws and regulations in these countries to ensure compliance.
- Competition from other players in the market.
Cheviot Company Limited IPO FAQs
Which is the last day to buy Cheviot Company Buyback 2024 for buyback?
Last date to be eligible to participate in buyback is June 13, 2024.
What is the offer price for Cheviot Company Buyback 2024 offer?
The Cheviot Company Buyback 2024 is being offered at Rs ₹1800 per share per equity share.
What is the record date for Cheviot Company Buyback 2024 offer?
The record date for the Cheviot Company Buyback 2024 is June 14, 2024.
What is the issue size of Cheviot Company Buyback 2024?
The issue size of Cheviot Company Buyback 2024 is of 175,000 equity shares at ₹1800 per share aggregating upto ₹31.50 Crores.
