KPR Mill Buyback 2022 Record Date, Buyback Price, Entitlement Ratio


Last updated on March 17, 2022

KPR Mill Buyback

KPR Mill Buyback 2022 description – KPR Mill is one of the largest vertically integrated apparel manufacturing companies in India. The company produces Yarn, Knitted Fabric, Readymade Garments and Wind power. The Coimbatore-based company has presence across textile, sugar, power and automobile industry and its product portfolio includes a wide range of products including yarn, fabric, garments, sugar, molasses, ethanol, automobile parts and others.

In textiles, it is a vertically integrated player with products ranging from yarns and fabrics to knitted garments. Currently, yarns & fabric account for 42% of revenues, followed by garments (42%), sugar (12%) and others (4%). Nearly 65% of the company’s revenues come from the domestic sales while the remaining 35% are contributed by international sales. KPR Mill exports to over 60 countries, its major export destinations are UK, China, Australia and USA.

KPR Mill Buyback 2022 Details

Buyback Dates25 March – 7 April 2022
KPR Mill Buyback Price INR805 per share
Buyback Offer Size22,36,000 shares
Buyback offer as % of total shares0.65%
Offer AmountINR180 crore
Offer TypeTender
Promoter ParticipationYes
Face Value INR1 per share
Listing AtBSE, NSE

KPR Mill Buyback Dates (Timeline)

Board Meeting for Buyback Proposal7 February 2022
Buyback Approval Date7 February 2022
Public Announcement of Buyback9 February 2022
KPR Mill Buyback Record Date19 February 2022
Buyback Opening Date25 March 2022
Buyback Closing Date7 April 2022
Cut-off Date to receive completed tender forms by Registrar9 April 2022
Verification Date by the Registrar13 April 2022
Return of unaccepted shares by Registrar 19 April 2022
Extinguishment of accepted shares 26 April 2022

Registrar of KPR Mill Buyback 2022

KFin Technologies Private Limited
Selenium Tower B, Plot 31 & 32
Gachibowli Financial District
Nanakramguda, Serilingampally
Hyderabad 500 032, Telangana
Phone: +91 40 6716 2222
Email: [email protected]

Manager of KPR Mill Share Buyback 2022

IDBI Capital Markets & Securities Limited
6th Floor, IDBI Tower,
WTC Complex, Cuffe Parade
Mumbai 400 005
Phone: +91 22 2217 1700
Email: [email protected]

KPR Mill Share Buyback 2022 Documents

Offer Letter
Draft Letter of Offer
Public Announcement
Upcoming Share Buyback

Pre-Buyback Shareholding Pattern of KPR Mill

ParticularsNo. of Share HoldersNo. of shares% of shares
Resident Individuals
Clearing Members991,45,0470.04
Bodies corporate45818,35,8040.53
Grand Total95,53634,40,50,000100.00
As on 31 December 2021

KPR Mill 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.

KPR Mill’s Financial Performance

Total Income3,015.92,934.52,991.6
Total Expenses2,507.32,458.92,308.9
Net income 289.1294.6432.6
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 priceINR805
Maximum shares of a shareholder on 7 Feb (2,00,000/805)248 shares
Closing price of share as on 7 February 2022INR691.55
Amount Invested in buyback (691.55 x 248 shares)INR1,71,505

Profit from KPR Mill Buyback by Acceptance Ratio

Acceptance ratioAmount invested in buybackNo. of shares bought backBuyback ProfitProfit in %
75% 1,71,50518621,10212.30
100% 1,71,50524828,13616.41

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 KPR Mill 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 KPR Mill share buyback offer open?

KPR Mill share buyback opens on . and closes on .

What is the timeline of KPR Mill share buyback 2022?

Timeline of KPR Mill share buyback will be coming soon.

What is the KPR Mill buyback price?

KPR Mill Buyback price is INR805 per share.

What is the KPR Mill buyback record date?

The Record date is 19 February 2022.


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