Dhampur Sugar Mills Ltd

CLOSED 🏷️ TENDER OFFER

Share Buyback · Listed Equity · IPO Guide · Scrip: DHAMPURSUG

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Buyback Summary: Company is offering to buy back equity shares at ₹300.00 per share. (Record Date: 17 Jan 2024)
Buyback Price
₹300
Total Shares
10
Record Date
17 Jan 2024
Buyback Dates
23 Jan – 30 Jan 2024
Expert Rating
Avoid

The financials of the company looks zig-zag, RoNW is 14.6% and at CMP its looks fully priced. Price difference is around 11% and acceptance ratio as per current share holding for retail will be around 1.36%, so final buyback ration may be near to 10%. So we give AVOID rating to this buyback, those who are currently holding may participate in buyback.

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Disclaimer

No financial information whatsoever published herein, should be construed as an offer to buy or sell securities, or as information to make investment decisions, or as an official confirmation of any transaction. All matter published herein is purely for educational and informational purposes only and under no circumstances should be used for making investment decisions. Readers must consult a qualified financial advisor prior to making any actual investment decisions.

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