Last updated on April 26, 2022
FDC Buyback 2022 description – The company was established as Fairdeal Corporation in 1940 and its name was changed to FDC Private Limited in 1986. FDC has globally approved, multi-location manufacturing facilities for Active Pharmaceuticals Ingredients (APIs) as well as Finished Dosage Forms. These facilities are located at Roha, Waluj and Sinnar in Maharashtra, Verna in Goa and Baddi in Himachal Pradesh. FDC markets more than 300 products in India and exports many of these to over 50 countries.
FDC is a forerunner in manufacturing and marketing of Oral Rehydration Salts (ORS) and Ophthalmics. Some of FDC’s leading brands in India include Zifi, Electral, Enerzal, Vitcofol, Pyrimon, Zocon, Zathrin, Zipod, Cotaryl and Mycoderm in the domestic and international markets.
FDC Buyback 2022 Details
| Buyback Dates | Coming soon |
| FDC Buyback Price | INR475 per share |
| Buyback Offer Size (Shares) | 29,00,000 shares |
| Buyback offer as % of total shares | 1.72% |
| Buyback Offer Size (Amount) | INR137.75 crore |
| Offer Type | Tender |
| Promoter Participation | Yes |
| Face Value | INR1 per share |
| Listing At | BSE, NSE |
FDC Buyback Dates (Timeline)
| Board Meeting for Buyback Proposal | 9 February 2022 |
| Buyback Approval Date | 9 February 2022 |
| Public Announcement of Buyback | 11 February 2022 |
| FDC Buyback Record Date | 19 February 2022 |
| Buyback Opening Date | 12 April 2022 |
| Buyback Closing Date | 27 April 2022 |
| Cut-off Date to receive completed tender forms by Registrar | 29 April 2022 |
| Verification Date by the Registrar | 5 May 2022 |
| Return of unaccepted shares by Registrar | 9 May 2022 |
| Extinguishment of accepted shares | 16 May 2022 |
FDC Share Buyback 2022 Documents
Offer Letter
Draft Letter of Offer
Public Announcement
Upcoming Share Buyback
FDC Buyback Entitlement Ratio
| Shareholder Category | Entitlement Ratio | Entitlement Ratio (in %) |
| Small Shareholders (less than INR2 Lakh on record date) | 20/307 | 6.51 |
| General category (for all other Eligible Shareholders) | 9/592 | 1.52 |
Small Shareholder is defined as shareholder who holds shares worth less than INR2,00,000 as on record date.
FDC’s Financial Performance
| FY2019 | FY2020 | FY2021 | |
| Total Income | 1,075.87 | 1,331.09 | 1,325.45 |
| Total Expenses | 861.24 | 1,050.93 | 1,004.52 |
| Net income | 171.54 | 246.78 | 294.49 |
Working Calculation of Amount Invested in Buyback
| Maximum market value of a share holder as on record date | INR2,00,000 |
| Buyback price | INR475 |
| Maximum shares of a shareholder on 9 Feb (2,00,000/475) | 421 shares |
| Closing price of share as on 9 February 2022 | INR313.5 |
| Amount Invested in buyback (313.5 x 421 shares) | INR1,31,984 |
Profit from FDC Buyback by Acceptance Ratio
| Acceptance ratio | Amount invested in buyback | No. of shares bought back | Buyback Profit | Profit in % |
| 33% | 1,31,984 | 140 | 22,610 | 17.13 |
| 50% | 1,31,984 | 210 | 33,915 | 25.69 |
| 75% | 1,31,984 | 356 | 57,494 | 43.56 |
Registrar of FDC Stock Buyback 2022
Link Intime India Private LimitedÂ
C-101, 1st Floor,
247 Park, Lal Bahadur Shastri Marg,
Vikhroli (West), Mumbai 400 083,
Maharashtra, India
Phone:Â +91 22 4918 6200
Fax:Â +91 22 4918 6195
Email:Â [email protected]
Website:Â www.linkintime.co.in
Manager of FDC Share Buyback 2022
Sundae Capital Advisors Private Limited
Level 9, Platina, Plot No C-59,
‘G’ Block, Bandra Kurla Complex,
Bandra (East) Mumbai – 400 051
Phone:Â +91 022 6700 0639
Email:Â [email protected]
Website:Â www.sundaecapital.com
Necessity of the Buyback
- The buy-back gives an option to the equity shareholders to either participate in the buy-back and receive cash in lieu of Equity Shares accepted under the buy-back.
- The buy-back helps to return surplus cash to its shareholders, in proportion to their shareholding, thereby, enhancing the overall returns to shareholders.
- The buy-back would help in improving Earning per share (EPS), Return on asset (ROA) and Return on equity (ROE) ratios of the Company.
- The buy-back, which is being implemented through the Tender Offer route as prescribed under the Buyback Regulations, would involve a reservation for small shareholders as defined in the Buy-back Regulations.
Process to Participate in FDC Share Buyback
All eligible Shareholders of the Company who own Physical Shares or Demat Shares on the Record Date may participate in the buyback offer through their Stock Broker. The eligible shareholder who holds the shares in Demat form must notify their broker 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 shareholder who owns 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
FDC share buyback opens on . and closes on .
Timeline of FDC share buyback will be coming soon.
FDC stock buyback price is INR475 per share.
The record date is 19 February 2022.
