Upcoming Buyback Of Shares Offer List 2023

Upcoming Buyback Of Shares Offer List 2023

Buyback refers to a business activity whereby a firm buys back its own listed shares in order to lower the number of shares that are accessible on the open market or stock market. Companies buy back shares to control their stock position in the open market or, as we might say, to raise the value of the shares that remain after the buyback by lowering the supply to shareholders.

When required to submit all or a portion of the shares within the specified time limit in order to participate in the repurchase, a shareholder may be offered a tender offer. Companies buy back shares on the open market over time, either all at once or on a monthly basis. The company can either fund the repurchase with cash on hand or by taking on debt.

Current List of Upcoming Buyback Offer 2023

Here is an Upcoming Buyback of Share List for 2023. Continue investing in the primary market and keep watching out for the newest share buyback 2023 offers.

Piramal Enterprises31 Aug6 SepView IPO
FDC31 Aug6 SepView IPO
KRBL31 Aug6 SepView IPO
Larsen & ToubroComing SoonComing SoonView IPO
BSE LimitedComing SoonComing SoonView IPO
CL Educate21 Aug28 NovView IPO
Control Point24 Aug30 AugView IPO
IndiaMARTComing SoonComing SoonView IPO
Aarti Drugs09 Aug17 AugView IPO
Siyaram Silk MillsComing SoonComing SoonView IPO
Piramal EnterpriseComing SoonComing SoonView IPO
Ashiana HousingComing SoonComing SoonView IPO
Goldiam InternationalComing SoonComing SoonView IPO
James Warren24 July28 JulyView IPO
Amrutanjan Health Care19 July25 JulyView IPO
Wipro22 June29 JuneView IPO
Axita Cotton8 Jun14 JunView IPO
Natco Pharma21 Mar20 SepView IPO
Emami13 Apr19 JulView IPO
Hinduja Global Solutions22 May2 JunView IPO
Symphony3 May17 MayView IPO
Godawari Power10 Apr17 AprView IPO
Ajanta Pharma31 Mar10 AprView IPO
Paytm21 Dec19 JunView IPO

Types of Buyback of Shares

The following are the most commonly used methods for a company to buy back shares in India.

1. Tender Offer Buyback:

In a tender offer, the corporation buys back its shares proportionately from the current owners within a predetermined time frame for a defined price. To all eligible shareholders listed on the business’s books as of the buyback record date, the company sends a letter of offer and a Tender Form. The repurchase offer is open to all qualifying shareholders who hold their shares in either physical or demat form.

2. Open Market Buyback:

A corporation may repurchase shares on the open market either through the stock exchange or the book-building procedure. When a company buys back shares on the open market using a stock exchange mechanism, it can only do so using an order-matching mechanism on stock exchanges with national trading terminals. The stock exchange’s open market offerings are not available to promoter participation. The offer is open to all other shareholders who own equity shares in the firm. 

The repurchase is channeled through electronically connected bidding centers in the book-building process. A merchant banker is chosen by the corporation to oversee the repurchase process. Based on the reaction to the repurchase, the merchant banker and the business decide on the buyback price.

Buyback of Share List 2021

Here is the list of past Buyback Share 2021 offers.

CompanyPriceRecord DateApplication
Cheviot Company₹172517 Dec 2021View IPO
Weizmann₹6010 Dec 2021View IPO
MOIL Limited₹205View IPO
AksharChem India₹59012 Nov 2021View IPO
S H Kelkar₹21012 Nov 2021View IPO
MPS Buyback 202021₹90017 Dec 2021View IPO
Nucleus Software₹70027 Nov 2021View IPO
Shriram Pistons₹102012 Aug 2021View IPO
Rishiroop₹12509 Sep 2021View IPO
Kaveri Seeds₹850View IPO
eClerx Services₹285030 Sep 2021View IPO
Star Cement₹15026 Aug 2021View IPO
R Systems₹22527 Aug 2021View IPO
Balrampur Chini₹410Open MarketView IPO
Tanla Platforms₹1260Open MarketView IPO
Goldiam Intl₹120027 Oct 2021View IPO
Nath Bio-Genes₹-View IPO
Gandhi Special Tubes₹55031 Aug 2021View IPO
Navneet Education₹100Open MarketView IPO
Welspun India₹12026 May 2021View IPO
Infosys₹1750Open MarketView IPO
Insecticides India₹575Open MarketView IPO
Aarti Drugs₹100001 Apr 2021View IPO
Quick Heal₹24503 May 2021View IPO
Jagran Prakashan₹60View IPO
Nava Bharat Ventures₹100View IPO
Savita Oil Technologies₹140005 Mar 2021View IPO
SIS Limited₹55009 Apr 2021View IPO
Gujarat Apollo₹-26 Feb 2021View IPO
Suprajit Engineering₹32022 Feb 2021View IPO
VRL Logistics₹300View IPO
Atul₹7250View IPO
Freshtrop Fruits₹90View IPO
National Aluminium₹57.5008 Feb 2021View IPO
Gail₹15028 Jan 2021View IPO
Bharat Rasayan₹1150015 Mar 2021View IPO
Archidply₹3719 Jan 2021View IPO

Why Do Companies Buyback of Shares?

Investors can participate in the buyback offer as long as the window is open. In the buyback, the company often offers a greater share value. 

Here is an example of a share buyback: In the event that XYZ Limited makes a buyback offer, they are going to do so at a price of Rs. 1000 as opposed to the present price of Rs. 600. In basic terms, the investors will receive a 400 rupee premium above the holding price. Investors can purchase the stocks before the company’s record date if they do not already hold them in their Demat accounts.

Reasons Why Companies Go For Buyback of Shares.

  • They want fewer shares available on the open market.
  • The firm thinks the share price is too low.
  • To raise the Company’s shareholder value.
  • Boost the open market share price.
  • The business has extra cash on hand.