Nava Bharat Ventures Buyback

Nava Bharat Ventures Buyback Details

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Nava Bharat Ventures Buyback will open for subscription from 10 March 2021 to 09 September 2021. the company aims for an issue size of ₹150 Crores through this buyback issue.

Nava Bharat Ventures Limited

Incorporated in 1972, Nava Bharat Ventures Limited (NB Ventures) is engaged in the business of power generation and Operations & Maintenance services, ferroalloys, mining, agri-business, and health care services. With four decades in business, Nava Bharat Ventures is now a multinational company, operating in India, South East Asia, and Africa.

The company produces and supplies over 200,000 tons of ferroalloys each year and operates several power plants of 743 MW. NB Ventures also work with hundreds of sugarcane farmers to produce and process sugar as well as ethanol.

Objectives of the Issue

  • Return surplus cash to the shareholders.
  • Optimize returns to shareholders.
  • To improve return on equity.
  • Enhance overall shareholder’s value.

Nava Bharat Ventures Buyback Details

Issue PeriodMar 10, 2021 – Sep 9, 2021
Security NameNava Bharat Ventures Limited
Issue TypeOpen Market Through Stock Exchange
Issue Size (Amount)₹150.00 Crores
Buyback Price₹100 per share
Face Value₹2 per share
Listing AtBSE, NSE

Company Financials

ParticularsFor the year/period ended (Rs. in Millions)
Total Income11,322.0814,377.7713,551.17
Profit After Tax1,310.111,661.891,615.58
Net Worth29,677.1129,255.7727,869.75

Stock Market Data (for preceding 3 months)


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MonthHigh PriceLow PriceAverage Price
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Nava Bharat Ventures Buyback Registrar

KFintech Private Limited
Selenium Building, Tower-B, Plot No 31 & 32,
Financial District, Nanakramguda, Serilingampally,
Rangareddi, Telangana India – 500 032.

Phone: 1-800-3454001

Company Contact Information

Nava Bharat Ventures Limited
6-3-1109/1, Nava Bharat Chambers, Rajbhavan Road,
Hyderabad- 500 082, Telangana, India
Phone: +91 40 23403501

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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