FDC Ltd Buyback 2022 Price With Record Date and Other Details

FDC will buyback nearly 29,00,000 shares for about Rs.137.75 Crore. In a filing to the stock exchanges, FDC said it will buyback percent of the fully paid-up equity shares at a price of Rs.475/- per equity share.

The Board approved the proposal of  FDC buyback of fully paid-up equity shares of the face value of Rs.1 each of the Company for an amount not exceeding Rs.137.75 Crores. FDC Buyback 2022 Size is being 1.72% of the aggregate of the total paid-up Equity Share capital and free reserves of the Company based on the latest standalone and consolidated audited financial statements of the Company respectively as of March 31, 2021. FDC 2022 price is Rs.475 per Equity Share through the "tender offer" route, on a proportionate basis.

    FDC Ltd Buyback

    FDC Buyback 2022 Offer Details:

    Buyback Type: Tender Offer
    Buyback Record Date: Feb 19, 2022
    Buyback Opening Date: NA
    Buyback Closing Date: NA
    Buyback Offer Amount: ₹137.75 Crore
    Date of Board Meeting approving the proposal: Feb 9, 2022
    Date of Public Announcement: Feb 9, 2022
    Buyback Offer Size: 1.72%
    Buyback Number of shares: 29,00,000
    Price Type: Tender Route
    FV: Rs.1
    Maximum Buyback Price: ₹475 Per Equity Share

    Details Of FDC Buyback

    The Board of Directors of the FDC at its meeting held on Feb 9, 2021, has approved a proposal to buy back up to 29,00,000 Equity Shares of the Company, being 1.72% of the total paid-up equity share capital of the Company, for an aggregate amount not exceeding Rs.137.75 Cr. for Rs.475 per Equity Share through " Tender Route".

    FDC Buyback Important Dates

    In this section, we have covered all important dates related to the “FDC Buyback Date”. Dates are updated as they are announced. The most noted dates are the FDC record date and FDC buyback open and close dates, which one should use to participate in the buyback.

    Buyback Activity Date
    Board Meeting for FDC Buyback proposalFeb 9, 2022
    FDC Buyback Approval date Feb 9, 2022
    Public Announcement of FDC Buyback Feb 10, 2022
    FDC Buyback Record Date Feb 19, 2022
    FDC Buyback opens on/Buyback Opening Date 2022
    FDC Buyback closes on/Buyback Closing Date2022
    Cut-off date to receive completed tender forms by Registrar 2022
    Cut-off date for verification by the Registrar 2022
    Cut-off date to inform Stock Exchange on acceptance or
    non-acceptance of tendered Equity Shares by Registrar
    Last date of settlement of bids on the stock exchange 2022
    Last date to return unaccepted shares by Registrar 2022
    Last date of extinguishment of Equity Shares 2022

    Note: If anything you want to know about the buyback offer you can refer the FDC buyback offer documents. Click Here

    How to Participate in FDC buyback?

    1. Firstly to be eligible for the buyback the investor should have shares of FDC Buyback 2022 in Demat or physical form as on record date [Feb 19, 2022].
    2. Once you have shares in Demat, you can participate in the buyback process which is opening from [Not Announced] by selling your shares through your broker on NSE or BSE. 
    3. Then on [Not Announced], the payment will be given to you for accepted shares and unaccepted shares will be returned to your Demat account.
    Checkout Current FDC Shares market price on NSE and BSE: MAYUR UNIQUOTERS


    Profit from the buyback on the basis of acceptance Ratio:

    Buy 421 Shares at CMP of Rs.313 [2,00,000/475=421)
    Acceptance Ratio 33% 50% 75% 100%
    Amount Invested in Buyback 1,61,200 1,61,200 1,61,200 1,61,200
    No. of Shares buyback 81 124 186 248
    BuyBack Profit 12,555 19,096 28,644 38,192
    Profit 7.77% 11.84% 17.76% 23.26%

    Past FDC Buyback Acceptance Ratio

    1. FDC-2018 Finished the buyback within 2 months and the final Acceptance Ratio was 13.55%. 
    2. FDC-2019 Finished the buyback within 2 months and the final Acceptance Ratio was 19.55% 
    3. FDC-2020 Finished the buyback within 2 months and the final Acceptance Ratio was 30%

    Read Also:

    About FDC:

    FDC Ltd
    A young visionary, Anand Chandavarkar, in the backdrop of India's independence struggle, dreamed of building a world-class company. His vision of freedom was to create, to build, and industrialize, in order to make the nation self-reliant in healthcare. With this aim in mind a partnership firm was incorporated In 1936, In 1940, this partnership firm was incorporated as a private limited company - Fairdeal Corporation (Private) Limited and in 1986 its name was changed to FDC Private Limited. Thereafter, FDC became a public limited company and was listed on the Bombay and National Stock Exchanges of India in 1996.

    Today, FDC carries forward the flaming spirit of its first dream, achieving accreditations from the US-FDA, UK-MHRA, MCC-RSA, and the UAE, to cite a few. FDC is a forerunner in the manufacturing and marketing of Oral Rehydration Salts (ORS) and ophthalmics. FDC has also set up globally approved, multi-location manufacturing facilities for Active Pharmaceuticals Ingredients (APIs) as well as Finished Dosage Forms. These facilities are located at Roha, Waluj, and Sinnar in Maharashtra, Verna in Goa and Baddi in Himachal Pradesh. FDC markets more than 300 products in India and exports many of these to over 50 countries.

    FDC strives to explore, innovate and integrate solutions with modern technology, empowering talent and expanding healthcare horizons for a better quality of life to millions globally.


    Buyback is the purchase of its own Equity Shares by the Company. The objective is to maximize returns to investors, reduce the total number of shares, and enhance overall shareholders' value by returning cash to shareholders in an efficient and investor-friendly manner. The Board of Directors of the Company at its meeting held on February 09, 2022, considered the accumulated Free Reserves as well as cash liquidity reflected in the audited accounts for the Financial Year ended March 31, 2021, and benefits to the members holding Equity Shares of the Company and decided to allocate a sum of Rs. 13,775 Lakhs (Rupees One Hundred Thirty-Seven Crore Seventy-Five Lakhs only) (which is 8.02% and 7.97% of the total paid-up equity capital and free reserves, as per the standalone and consolidated financial statements, respectively, of the Company for the year ended March 31, 2021), excluding expenses incurred or to be incurred for the Buyback like filing fees payable to the SEBI, merchant banker fees, stock exchange fee for usage of their platform for Buyback, transaction costs viz. brokerage, applicable taxes inter- Alia including tax on distributed income to shareholders, Securities Transaction Tax, Goods and Services Tax, Stamp duty, etc., public announcement publication expenses, printing, and dispatch expenses, and other incidental and related expenses, which is within the maximum amount as aforesaid, for returning to the members holding Equity shares through Buyback. The Company’s management strives to increase Shareholder’s value and the Buyback would result in, amongst other things: 

    1. The Buyback will result in a reduction in the overall capital employed in the business, which will, in turn, lead to higher earnings per share and enhanced return on equity and return on capital employed, return on net worth, return on assets, etc and long term increase in shareholders’ value.
    2. The Buyback will help the Company to distribute surplus cash to its Members holding equity shares broadly in proportion to their shareholding, thereby, enhancing the overall return to Members.
    3. The Buyback, which is being implemented through the Tender Offer route as prescribed under the SEBI Buyback Regulations, would involve allocation of 15% of the outlay to Small Shareholders. The Company believes that this reservation of 15% for Small Shareholders would benefit a large number of public shareholders, who would get classified as “Small shareholders”; and 
    4. The Buyback gives an option to the Members holding equity shares of the Company, who can choose to participate and get cash in lieu of Equity Shares to be accepted under the Buyback Offer or they may choose to not participate and enjoy a resultant increase in their percentage shareholding, post the Buyback Offer, without additional investment.

    Company Contact Information

    FDC Limited,
    C/3, Skyvistas, Near Versova Police Station,
    106A, J. P. Road, D. N. Nagar,
    Andheri (W), Mumbai – 400053.
    Tel: 022-26739100 / 26300611-13
    Fax: 022 – 26300614
    E-mail: contact@fdcindia.com
    Website: www.fdcindia.com


    FDC Buyback Registrar 

    C-101, 1st Floor, 247 Park,
    L.B.S. Marg, Vikhroli (West),
    Mumbai - 400 083, Maharashtra, India 
    Tel No.: +91 22 4918 6200; 
    Fax No.: +91 22 4918 6195; 
    Email id.: fdc.buyback2022@linkintime.co.in 
    SEBI Regn. No.: INR000004058


    FDC Buyback 2022 FAQs:

    When is FDC Record Date?
    FDC buyback 2022 record date is Feb 19, 2022.

    What is the FDC Buyback Opening Date?
    FDC buyback 2022 Opening date is Not been announced yet.

    What is the FDC Buyback Closing Date?
    FDC buyback 2022 Closing date is Not announced yet.

    When is FDC Buyback Announcement Date?
    FDC buyback 2022 announcement Date is Feb 10, 2022.

    What is FDC Buyback Price?
    The company has fixed the maximum price of ₹475.

    How to apply for FDC Buyback 2022?
    As per the record date you need to have FDC shares in your Demat account. You can participate in buyback after having the stock in your account.