Chambal Fertilisers Buyback 2024 Record Date, Price, Entitlement Ratio

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Chambal Fertilisers Buyback 2024

Chambal Fertilisers Buyback 2024 description – Chambal Fertilisers & Chemicals Ltd is actively involved in the production of Urea within its dedicated manufacturing plants. Additionally, the company engages in the marketing and trade of various fertilizers and agri-inputs. The extensive product portfolio encompasses Urea, Di-ammonium Phosphate (DAP), Muriate of Potash (MOP), Ammonium Phosphate Sulphate (APS), diverse NPK fertilizers, Sulphur, Micronutrients, and Agrochemicals. While Urea is exclusively manufactured in-house, the distribution network facilitates the trading of other fertilizers and agri-inputs. Notably, a Joint Venture oversees the production of Phosphoric Acid in Morocco.

In the fiscal year 2023, the company achieved a Urea production milestone, totaling 3.35 million tonnes across its three manufacturing plants in Rajasthan. These plants boast an aggregate capacity of 3.4 million tonnes per annum, showcasing an impressive capacity utilization rate exceeding 95%. All manufacturing facilities are strategically situated within the company’s complex in Gadepan, Kota, Rajasthan.

Furthering its commitment to innovation, the company has earmarked plans for a new plant dedicated to the production of Technical Ammonium Nitrate. This facility is set to have a substantial capacity, aiming for approximately 2,40,000 MT per annum, complemented by another plant dedicated to manufacturing around 2,10,000 MT per annum of Weak Nitric Acid.

Chambal Fertilisers extends its reach through an extensive distribution network, encompassing approximately 3,700 dealers and around 50,000 retailers nationwide. Its presence spans across states such as J&K, Haryana, Uttarakhand, Punjab, Uttar Pradesh, Bihar, West Bengal, Madhya Pradesh, Rajasthan, and more.

Chambal Fertilisers and Chemicals Buyback

Chambal Fertilisers Buyback 2024 Details

Chambal Fertilisers Buyback Dates24 – 31 January 2024
Chambal Fertilisers Buyback Price INR 450 per share
Market Price on Buyback ApprovalINR 375.30 per share
Buyback Premium on Market Price19.90%
Buyback Offer Size (Shares)15,555,555 shares
Buyback Offer Size (Amount)INR 700 crore
Offer TypeTender
Promoter ParticipationYes
Face Value INR 10 per share
Listing AtBSE, NSE

Chambal Fertilisers Buyback Dates (Timeline)

Board Meeting Intimation for Buyback Proposal3 January 2024
Buyback Approval Date8 January 2024
Public Announcement of Buyback10 January 2024
Chambal Fertilisers Buyback Record Date18 January 2024
Buyback Opening Date24 January 2024
Buyback Closing Date31 January 2024
Cut-off Date to receive completed tender forms by Registrar31 January 2024
Verification Date by the Registrar2 February 2024
Return of unaccepted shares by Registrar7 February 2024
Extinguishment of accepted shares16 February 2024

Chambal Fertilisers and Chemicals Buyback 2024 Documents

Letter of Offer
Public Announcement
Board Approval
Upcoming Share Buyback


Chambal Fertilisers Buyback Entitlement Ratio

Shareholder CategoryEntitlement RatioEntitlement Ratio (in %)
Small Shareholders
(less than INR 2 Lakh on record date)
1/147.14
General category
(for all other Eligible Shareholders)
1/293.45

A small Shareholder is defined as a shareholder who holds shares worth less than INR 2,00,000 as of the record date.


Chambal Fertilisers and Chemicals Financial Performance

FY 2021FY 2022FY 2023
Revenue12,719.0116,068.8327,772.81
Total Expenses10,829.9814,212.4826,580.06
Net income 1,347.041,287.121,069.31
Figures in INR Crores unless specified otherwise

Calculation of Investment in Buyback

Maximum market value of a share holder as on record dateINR 2,00,000
Buyback price per shareINR 450
Maximum shares for small shareholders (2,00,000/450)445 shares *
Closing price of stock as of 8 January 2024INR 375.3**
Maximum amount invested in buyback (INR 375.3 x 445 shares)INR 1,67,008
* No. of shares stands to change according to the closing price on the record date
** For simplicity, we have considered the price on the buyback approval date

Chambal Fertilisers Buyback Acceptance Ratio

Shares Tendered Buyback EntitlementAcceptance ratioBuyback ProfitProfit in %
4453232 (100%)2,390.41.43
4453264 (200%)4,780.82.86
4453296 (300%)7,171.24.29

Registrar of Chambal Fertilisers and Chemicals Buyback 2024

LINK INTIME INDIA PRIVATE LIMITED
C-101, 247 Park, 1st Floor, L.B.S. Marg,
Vikhroli West, Mumbai, 400 083, Maharashtra
Phone: +91 81081 14949
Email: [email protected]
Website: www.linkintime.com


Manager of Chambal Fertilisers Buyback 2024

Axis Capital Limited
1st Floor, Axis House, C-2, Wadia International Centre,
P.B. Marg. Worli, Mumbal 400 025 Maharashtra, India
Phone: +9122 4325 2183
Email[email protected]
Website: www.axiscapital.co.in


Process to Participate in Chambal Fertilisers Buyback

All eligible shareholders of the company who own shares in the physical or demat form on the record date may participate in the buyback offer through their stockbroker. The eligible shareholders who hold the shares in demat form must notify their brokers of the details of the equity shares that they wish to tender in the buyback offer.

The shareholder must transfer the tendered shares to the clearing corporation’s Special account. In turn, the broker would place a buyback order on the stock exchange.

The eligible shareholders who own the shares in physical form must present their broker with the original share certificates and supporting documents. After document verification is complete, the broker places an order on the stock exchange and submits the original share certificate and TRS (Transaction Registration Slip) to the registrar.


Frequently Asked Questions

What are Chambal Fertilisers buyback dates?

Chambal Fertilisers share buyback opens on 24 January 2024 and closes on 31 January 2024.

Which type of buyback is Chambal Fertilisers buyback offer?

Chambal Fertilisers buyback is a tender offer.

What is Chambal Fertilisers buyback price?

Chambal Fertilisers buyback price is INR 450 per share.

What is Chambal Fertilisers buyback record date?

Chambal Fertilisers buyback record date is 18 January 2024.

How to participate in Chambal Fertilisers share buyback?

Chambal Fertilisers share buyback will be conducted through the tender process and investors who hold the shares on record date can place orders through their broker.

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