Dhanuka Agritech is a leading manufacturer of a diverse range of agro-chemicals, including herbicides, insecticides, fungicides, and plant growth regulators. The company produces these essential agricultural products in various forms such as liquids, dust, powder, and granules to meet the varied needs of farmers. Dhanuka Agritech is dedicated to enhancing agricultural productivity and sustainability by providing high-quality and effective agro-chemical solutions. With a strong focus on research and development, the company continually innovates to introduce new products and improve existing formulations. Dhanuka Agritech's extensive distribution network ensures that their products are easily accessible to farmers across the country, helping to improve crop yields and promote sustainable farming practices. Their commitment to excellence and customer satisfaction has made Dhanuka Agritech a trusted name in the agro-chemical industry.
Buy Back opportunity
Company has approved the proposal for the buyback of Equity Shares at a price of Rs. 2000/- per equity share up to an aggregate amount not exceeding Rs. 1 bn from the shareholders of the Company on a proportionate basis through a tender offer.
| CMP (Rs) |
1820 |
| Buy Back Price (Rs) |
2000 |
| Acceptance Ratio* |
12.8% |
Buy Back Details
| Total no. of share to be bought |
500000 |
| Total no of equity share |
45578324 |
| Buyback % of total equity share |
1.10% |
| Reserved for Retail* quota (15%) |
75,000 |
| Max share retail investor can buy^ |
100 |
| Record date |
16th August 2024 |
Company Info
| BB Code |
DAGRI IN EQUITY |
| ISIN |
INE121J01017 |
| 52 WKH(Rs.) |
1926 |
| 52 WKL(Rs |
753 |
| Market Cap {INR Bn) |
84.13 |
Shareholding Pattern (%)
|
Jun-24 |
Mar-24 |
Dec-23 |
| Promoters |
70.2 |
70.2 |
70.2 |
| FII's |
1.5 |
1.5 |
1.3 |
| DII's |
19.3 |
18.9 |
18.4 |
| Public |
9 |
9.4 |
10.1 |
Acceptance and Profit & Loss Scenario
| No. of Shares to Buy* |
Total investment @ Rs.1820 |
Acceptance Ratio(%) |
Buyback no shares |
Value of accepated share via buy Buyback price share value at Rs.2000 |
Left over Shares |
Profit/loss scenario post Buyback if client
sell remaining share |
| At Rs.1530 |
At Rs.1701 |
At Rs.1890 |
At Rs.2100 |
| 100 |
1,82,000 |
5 |
5.0 |
10,000 |
95 |
-14.64% |
-5.72% |
4.15% |
15.11% |
| 100 |
1,82,000 |
10 |
10.0 |
20,000 |
90 |
-13.35% |
-4.90% |
4.45% |
14.84% |
| 100 |
1,82,000 |
15 |
15.0 |
30,000 |
85 |
-12.06% |
-4.07% |
4.75% |
14.56% |
| 100 |
1,82,000 |
20 |
20.0 |
40,000 |
80 |
-10.77% |
-3.25% |
5.05% |
14.29% |
| 100 |
1,82,000 |
30 |
30.0 |
60,000 |
70 |
-8.19% |
-1.61% |
5.66% |
13.74 |
| 100 |
1,82,000 |
40 |
40.0 |
80,000 |
60 |
-5.60 |
0.03% |
6.26% |
13.19% |
| 100 |
1,82,000 |
50 |
50.0 |
1,00,000 |
50 |
-3.02% |
1.68% |
6.87% |
12.64% |
Source: Company, CEBPL
Note:
*Actual acceptance ratio may vary,
^Assume stock price reached Rs.1005 on ex-date,
#round down to nearest integer
* Retail shareholders holding less than Rs 2 Lac shares as on “Record Date”
* Please note acceptance Ratio is Dynamic in Nature can be change on Record date
