Dhampur Sugar Buyback, Record Date, Price, Entitlement Ratio

The Dhampur Sugar Mills Buyback date has been confirmed from January 23, 2024 – January 30, 2024. Read the post to learn about Dhampur Sugar Mills Buybacks.

Dhampur Sugar Mills is issuing ₹30.00 crores. Bagasse and molasses are byproducts produced by the corporation’s refinery and co-generation operations while producing sugar. The Dhampur Group owns and runs two sugarcane-crushing complexes that are fully integrated and have different capacities.

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Key Details Of Dhampur Sugar Buyback:

Dhampur Sugar Mills Buyback

The Dhampur Sugar Mills Buyback Price is ₹300 per share.

Dhampur Sugar Mills Buyback Overview​

Having been established in 1933, Dhampur Sugar Mills Limited specializes in full-service sugarcane processing. The company manufactures and markets ethanol, sugar, chemicals, and energy cogeneration. The company uses bagasse and molasses as byproducts to make sugar in its combination and refinery operations. Two fully integrated sugarcane crushing complexes with various capacities are owned and operated by the Dhampur Group.

Dhampur Sugar Mills Buyback Detail

Issue Period	January 23, 2024 – January 30, 2024
Security Name	Dhampur Sugar Mills Ltd
Issue Type	Tender Offer
Issue Size (Shares)	1,000,000 (1.5 % of Total number of equity Shares)
Issue Size (Amount)	₹30.00 Crores
Buyback Price	₹300 per share
Face Value	₹10 per share
Listing At	BSE, NSE

Dhampur Sugar Mills Limited Financial Information

Period Ended	31 Mar 2023	31 Mar 2022	31 Mar 2021
Assets	2,121.65	2,164.82	3,470.80
Revenue	2,889.50	2,173.62	2,245.03
Profit After Tax	157.99	144.03	198.62
Net Worth
Reserves and Surplus
Total Borrowing
Amount in ₹ Crore

Dhampur Sugar Mills Buyback Issue Timetable

Last Date to buy shares	January 16, 2024
Record Date	January 17, 2024
Offer Opens On	January 23, 2024
Last Date for receipt of Tender Forms	January 30, 2024
Offer Closes On *	January 30, 2024
Finalisation of Buyback Acceptance	February 5, 2024
Last Date for settlment of bids	February 6, 2024
Last Date for Extinguishment of Shares	February 15, 2024

Company Profile​

to be repurchased, whichever is higher. The company thinks that many public shareholders would gain from this reservation for small shareholders since they would be considered “small shareholders” under Regulation 2(i)(n) of the SEBI Buyback Regulations;

• The buyback may help in enhancing return on equity by reducing the equity base, resulting in a long-term gain in shareholders’ value;
• The buyback gives shareholders who own equity shares in the company an option. They can decide whether to take part and receive cash rather than equity shares in exchange for their shares, or they can opt-out and gain an increase in their percentage of the shares after the buyback offer without having to make any additional investments.

Buyback Strengths

• Experienced promoters and a competent management team.
• Well-established relationships with a loyal customer base.
• Access to markets worldwide, enabling global reach.

Buyback 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.

Dhampur Sugar Mills Buyback FAQs