Welspun Living Buyback Record Date 2024, Price, Entitlement Ratio

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Last updated on August 9, 2024

Welspun Living Buyback Record Date

Welspun Living Buyback Record Date is 5 August 2024. 

Welspun Living, formerly known as Welspun India, is a leading textile manufacturing company in India, headquartered in Mumbai. Founded in 1985 by Balkrishan Goenka, the company began as Welspun Winilon Silk Mills in Palghar, Maharashtra, focusing on polyester texturizing. Over the years, it has grown into one of the largest home textile manufacturers in the world, specializing in bed linens, terry towels, rugs, and yarn.

Welspun Living operates with a robust global presence, exporting home textile products to over 50 countries, including major markets in the USA, Canada, the UK, and Australia. The company is a key supplier to 17 of the top 30 global retailers, underscoring its dominant position in the industry. Its manufacturing facilities in Anjar and Vapi, Gujarat, are equipped with state-of-the-art technology, boasting a combined capacity to produce millions of meters of textiles annually.

Welspun Living Buyback Price

Welspun Living Buyback Record Date, Other Details

Welspun Living Buyback Dates9 – 16 August 2024
Welspun Living Buyback Price INR 220 per share
Market Price on Buyback ApprovalINR 177 per share
Buyback Premium on Market Price24.29%
Buyback Offer Size (Shares)1,26,55,970 shares
Buyback Offer Size (Amount)INR 278.44 crore
Offer TypeTender
Promoter ParticipationYes
Face Value INR 1 per share
Listing AtBSE, NSE

Welspun Living Buyback Dates (Timeline)

Board Meeting Intimation for Buyback Proposal19 July 2024
Buyback Approval Date24 July 2024
Public Announcement of Buyback26 July 2024
Welspun Living Buyback Record Date5 August 2024
Buyback Opening Date9 August 2024
Buyback Closing Date16 August 2024
Cut-off Date to receive completed tender forms by Registrar16 August 2024
Verification Date by the Registrar20 August 2024
Return of unaccepted shares by Registrar23 August 2024
Extinguishment of accepted shares3 September 2024

Welspun Living Buyback 2024 Documents

Letter of Offer
Public Announcement
Board Approval
Upcoming Share Buyback


Welspun Living Buyback Entitlement Ratio

Shareholder CategoryEntitlement RatioEntitlement Ratio (in %)
Small Shareholders
(less than INR 2 Lakh on record date)
3/446.82
General category
(for all other Eligible Shareholders)
1/881.14

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


Welspun Living Financial Performance

FY 2022FY 2023FY 2024
Total Income9,3118,0949,679
Total Expenses7,9507,3418,310
Net Income 607203673
Figures in INR Crores unless specified otherwise

Calculation of Investment in Buyback

Maximum market value of a shareholder as on record dateINR 2,00,000
Buyback price per shareINR 220
Maximum shares for small shareholders (2,00,000/220) 910 shares *
The closing price of the stock as of 24 July 2024INR 177**
Maximum amount invested in buyback (INR 177 x 910 shares)INR 1,61,070
* 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

Welspun Living Buyback Acceptance Ratio

Shares TenderedBuyback EntitlementAcceptance ratioBuyback ProfitProfit in %
9106363 (100%)2,7091.68
91063126 (200%)5,4183.36
91063189 (300%)8,1275.05

Registrar of Welspun Living Buyback 2024

LINK INTIME INDIA PRIVATE LIMITED
C-101, 1st Floor, 247 Park L.B.S. Marg,
Vikhroli West, Mumbai – 400 083, Maharashtra
Telephone: +91 810 911 4949
Email: [email protected]
Website: www.linkintime.co.in


Manager of Welspun Living Buyback 2024

DAM CAPITAL ADVISORS LIMITED
One BKC, Tower C, 15th Floor, Unit No.1511,
Bandra Kurla Complex, Bandra (East), Mumbai 400051
Phone: 
+912242022500
Email: [email protected]
Website: www.damcapital.in


The Process to Participate in Welspun Living 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 Welspun Living buyback dates?

Welspun Living share buyback opens on 9 August 2024 and closes on 16 August 2024.

Which type of buyback is Welspun Living buyback offer?

Welspun Living’s buyback is a tender offer.

What is Welspun Living buyback price?

Welspun Living buyback price is INR 220 per share.

What is the Welspun Living buyback record date?

Welspun Living buyback record date is 5 August 2024.

How to participate in Welspun Living share buyback?

Welspun Living 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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