FDC Buyback 2022 Record Date, Buyback Price, Entitlement Ratio

FDC Buyback 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 DatesComing soon
FDC Buyback Price INR475 per share
Buyback Offer Size (Shares)29,00,000 shares
Buyback offer as % of total shares1.72%
Buyback Offer Size (Amount)INR137.75 crore
Offer TypeTender
Promoter ParticipationYes
Face Value INR1 per share
Listing AtBSE, NSE

FDC Buyback Dates (Timeline)

Board Meeting for Buyback Proposal9 February 2022
Buyback Approval Date9 February 2022
Public Announcement of Buyback11 February 2022
FDC Buyback Record Date19 February 2022
Buyback Opening Date12 April 2022
Buyback Closing Date27 April 2022
Cut-off Date to receive completed tender forms by Registrar29 April 2022
Verification Date by the Registrar5 May 2022
Return of unaccepted shares by Registrar9 May 2022
Extinguishment of accepted shares16 May 2022

FDC Share Buyback 2022 Documents

Offer Letter
Draft Letter of Offer
Public Announcement
Upcoming Share Buyback

FDC Buyback Entitlement Ratio

Shareholder CategoryEntitlement RatioEntitlement Ratio (in %)
Small Shareholders
(less than INR2 Lakh on record date)
General category
(for all other Eligible Shareholders)

Small Shareholder is defined as shareholder who holds shares worth less than INR2,00,000 as on record date.

FDC’s Financial Performance

Total Income1,075.871,331.091,325.45
Total Expenses861.241,050.931,004.52
Net income 171.54246.78294.49
Figures in INR crore unless specified otherwise

Working Calculation of Amount Invested in Buyback

Maximum market value of a share holder as on record dateINR2,00,000
Buyback priceINR475
Maximum shares of a shareholder on 9 Feb (2,00,000/475)421 shares
Closing price of share as on 9 February 2022INR313.5
Amount Invested in buyback (313.5 x 421 shares)INR1,31,984

Profit from FDC Buyback by Acceptance Ratio

Acceptance ratioAmount invested in buybackNo. of shares bought backBuyback ProfitProfit in %
50% 1,31,984 21033,91525.69
75% 1,31,984 35657,49443.56

Registrar of FDC Stock Buyback 2022

Link Intime India Private Limited 
C-101, 1st Floor,
247 Park, Lal Bahadur Shastri Marg,
Vikhroli (West), Mumbai 400 083,
Maharashtra, India
Phone: +91 22 4918 6200
Fax: +91 22 4918 6195
Email: [email protected]
Website: 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: +91 022 6700 0639
Email: [email protected]
Website: 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

When does FDC share buyback offer open?

FDC share buyback opens on . and closes on .

What is the timeline of FDC share buyback 2022?

Timeline of FDC share buyback will be coming soon.

What is the FDC stock buyback price?

FDC stock buyback price is INR475 per share.

What is the FDC stock buyback record date?

The record date is 19 February 2022.


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