Insecticides India Buyback

Insecticides India Buyback

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Insecticides India Buyback will open for subscription from 12 April 2021. The company aims for an issue size of ₹60 Crores this buyback issue.

Insecticides (India) Limited

Insecticides (India) Limited was incorporated in December 1996. The Company manufactures Agro-Chemicals, Pesticides, and Technical Products for agriculture purposes. Their products include insecticides, fungicides, herbicides, and biological products to improve the soil quality. Insecticides (India) Limited’s state-of-the-art formulation and technical synthesis plants have steered Indian farmers to improve their products’ quality with new age science and products. The Company caters to both domestic and international markets.

Objects of the Issue

  • Improve return on equity.
  • Return surplus funds to the shareholders.
  • Improve earnings per share by reducing the equity base.

Insecticides India Buyback Detail

Issue PeriodApr 12, 2021 – Oct 11, 2021
Security NameInsecticides (India) Limited
Issue TypeOpen Market Through Stock Exchange
Issue Size (Amount)₹60.00 Crores
Buyback Price₹575 per share
Face Value₹10 per share
Listing AtBSE, NSE

Company Financials

ParticularsFor the year/period ended (Rs. in Lakhs)
Total Income136,578.51119,425.31110,963.53
Profit After Tax8,604.0612,240.678,397.36
Net Worth73,225.4766,143.2754,387.14

Stock Market Data (for preceding 3 months)


MonthHigh PriceLow PriceAverage Price


MonthHigh PriceLow PriceAverage Price
MonthHigh PriceLow PriceAverage Price

Insecticides India Buyback Registrar

Alankit Assignments Ltd
Alankit House 2E/21,
Jhandewalan Extension,
New Delhi – 110055

Phone: (011) 4254 1234

Company Contact Information

Insecticides (India) Limited
401-402, Lusa Tower,
Azadpur Commercial Complex,
Delhi -110033
Phone: +91-11-27679700

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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