Bharat Rasayan Buyback

Bharat Rasayan Buyback

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Bharat Rasayan Buyback will open for subscription from 26 March 2021 to 12 April 2021. the company aims for an issue size of ₹107.49 Crores through this buyback issue.

Bharat Rasayan Limited

Incorporated in 1989 as a Public Limited Company, Bharat Rasayan Limited (BRL) an ISO 9001:2008 and ISO 14001:2004 certified Company. It belongs to the Agrochemicals Industry in India. It manufactures Technical Grade Pesticides and Intermediates conforming to International Standards. The company has two production units. Unit 1 is located in Mokhra village of Rohtak district in Haryana, with a manufacturing capacity of 4260 MT per annum. It facilitates the bulk packaging of formulations. Unit 2 is located at Chemical Approved Economic Zone at Dahej in Gujarat. It manufactures Technical grade pesticides, intermediates, and bulk formulations. Commissioning of the Gujarat plant has enhanced the company’s total annual capacity to over 33,000 MT.

Both units have in-house R&D laboratories to ensure consistent quality and act as pilot plants for new products and formulations. The Ministry of Science & Technology has recognized these testing facilities at BRL. The company became a major stakeholder in the Tata-owned Siris Crop Sciences Ltd. and even acquired it in due course.

Objectives of the Issue

  • To return surplus funds to the Equity Shareholders.
  • To help improve financial ratios like earnings per share and return on equity, by reducing the equity base of the Company.

Bharat Rasayan Buyback Issue Timetable

Offer Opens OnMar 26, 2021
Offer Closes OnApr 12, 2021
Record DateMar 5, 2021
Last Date for receipt of Tender FormsApr 14, 2021
Finalisation of Buyback AcceptanceApr 20, 2021
Last Date for settlment of bidsApr 22, 2021
Last Date for Extinguishment of SharesApr 29, 2021

Bharat Rasayan Buyback Details

Issue PeriodMar 26, 2021 – Apr 12, 2021
Security NameBharat Rasayan Limited
Issue TypeTender Offer
Issue Size (Shares)0.01 Crores
Issue Size (Amount)₹107.49 Crores
Buyback Price₹11500 per share
Face Value₹10 per share
Listing AtNSE

Buyback Ratio

CategoryEntitlement Ratio of Buyback
Reserved Category for Small Shareholders12 Equity Shares out of every 79 fully paid-up Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders19 Equity Shares out of every 994 fully paid-up Equity Shares held on the Record Date.

Company Financials

ParticularsFor the year/period ended (Rs. in Millions)
Total Income12,318.709,946.878,130.16
Profit After Tax1,576.421,115.24983.14
Net Worth5,641.194,088.072,982.46

Stock Market Data (for preceding 3 months)


MonthHigh PriceLow PriceAverage Price
MonthHigh PriceLow PriceAverage Price

Bharat Rasayan Buyback Registrar

Link Intime India Private Ltd
C 101, 247 Park, L.B.S.Marg,
Vikhroli (West), Mumbai – 400083
Phone: +91-22-4918 6270

Company Contact Information

Bharat Rasayan Limited
1501, Vikram Tower,
Rajendra Place,
New Delhi – 110008
Phone: +011-43661111

Final Thoughts

A buyback occurs when the issuing company pays shareholders the market value per share and re-absorbs that portion of its ownership that was previously distributed among public and private investors. subscribing for a buyback issue is purely a personal choice. make a detailed study before you make a decision on buyback issue subscription.

Happy Investing

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