Shyam Century Ferrous Buyback 2022 Record Date, Buyback Price, Entitlement Ratio

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Shyam Century Ferrous Buyback

Shyam Century Ferrous Buyback 2022 description – The company produces ferro-silicon, one of the main raw materials used to make stainless steel, as well as mild steel, or MS steel. It operates a factory at Byrnihat, Meghalaya, near Guwahati, with an annual production capacity of around 21,000 MT of ferro-silicon. A captive power generation unit with an installed capacity of about 14 MwH is also present in the plant.

The company was incorporated on 12 April 2011. The company had entered into a Scheme of Arrangement with Star Ferro and vested in the company with effect from 1 April 2014. This is a small-cap company that operates in the metals and mining sector and has a market capitalization of INR 493.22 crore.


Shyam Century Ferrous Buyback 2022 Details

Buyback DatesComing soon
Shyam Century Ferrous Buyback Price INR 28 per share
Buyback Offer Size (Shares)1,00,00,000 shares
Buyback offer as % of total shares4.50%
Buyback Offer Size (Amount)INR 28.00 crore
Offer TypeTender
Promoter ParticipationNA
Face Value INR 1 per share
Listing AtBSE, NSE

Shyam Century Ferrous Buyback Dates (Timeline)

Board Meeting for Buyback Proposal11 August 2022
Buyback Approval Date11 August 2022
Public Announcement of Buyback13 August 2022
Shyam Century Ferrous Buyback Record Date27 September 2022
Buyback Opening DateComing soon
Buyback Closing DateComing soon
Cut-off Date to receive completed tender forms by RegistrarComing soon
Verification Date by the RegistrarComing soon
Return of unaccepted shares by RegistrarComing soon
Extinguishment of accepted sharesComing soon

Shyam Century Ferrous Buyback 2022 Documents

Offer Letter
Draft Letter of Offer
Public Announcement
Board Approval
Upcoming Share Buyback


Shyam Century Ferrous Buyback Entitlement Ratio

Shareholder CategoryEntitlement RatioEntitlement Ratio (in %)
Small Shareholders
(less than INR2 Lakh on record date)
4.50*
General category
(for all other Eligible Shareholders)
*Tentative, based on the shareholding pattern

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


Shyam Century Ferrous‘ Financial Performance

FY2020FY2021FY2022
Total Income89.14135.68212.51
Total Expenses86.97132.45134.03
Net income -0.032.8056.86
Figures in INR crore 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 28
Maximum shares for small shareholder (2,00,000/28)7,143 shares*
Closing price of stock as on 11 August 2022INR 22.85**
Maximum amount invested in buyback (7,143 shares)INR 1,63,218
* No. of shares stands to change according to the closing price on record date
** For simplicity, we have considered price on buyback approval date

Shyam Century Ferrous Buyback Profit Guidance

Shares Tendered Buyback EntitlementAcceptanceBuyback ProfitProfit in %
7,143 322322 (100%)1,658.31.02
7,143 322 644 (200%)3,316.62.03
7,143 322 966 (300%)4,974.93.05

Registrar of Shyam Century Ferrous Buyback 2022

Coming soon


Manager of Shyam Century Ferrous Buyback 2022

Coming soon


Process to Participate in Shyam Century Ferrous 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 stock broker. 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

When does Shyam Century Ferrous share buyback offer open?

Shyam Century Ferrous share buyback opens on NA 2022 and closes on NA 2022.

Which type of buyback is Shyam Century Ferrous buyback offer?

Shyam Century Ferrous buyback is a tender offer.

What is the Shyam Century Ferrous buyback price?

Shyam Century Ferrous buyback price is INR 28 per share.

What is the Shyam Century Ferrous buyback record date?

Shyam Century Ferrous buyback record date is 27 September 2022.

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