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National Aluminium Company (Nalco) Buyback 2021: Record Date, Price, & Illustration

National Aluminium Company (Nalco) Buyback 2021: The board of directors of the company in their meeting held on January 27, 2021, has inter-alia approved…buyback of not exceeding 13,02,79,083 (Thirteen Crore Two Lakh Seventy Nine Thousand Eighty-Three) fully paid-up equity shares..at a price of Rs 57.50 per equity share…in cash for an aggregate consideration not exceeding Rs 749,10,47,273 (Rupees Seven Hundred Forty-Nine Crore Ten Lakh Forty-Seven Thousand Two Hundred Seventy-Three only, ” Nalco said in a BSE filing.

National Aluminium Company (Nalco) Buyback 2021

National Aluminium Company Limited (NALCO) is a Navratna CPSE under Ministry of Mines. It was established on 7th January, 1981, with its registered office at Bhubaneswar. The Company is a group ‘A’ CPSE, having integrated and diversified operations in mining, metal and power. The Company registered net-profit of Rs. 138 crore and sales turnover of Rs. 8,426 crore in financial year 2019-20. The export earnings have been recorded at Rs. 3,511 crore. Presently, Government of India holds 51.5% equity of NALCO.

NALCO is one of the largest integrated Bauxite-Alumina-Aluminium- Power Complex in the Country. The Company has a 68.25 lakh TPA Bauxite Mine & 21.00 lakh TPA (normative capacity) Alumina Refinery located at Damanjodi in Koraput district of Odisha, and 4.60 lakh TPA Aluminium Smelter & 1200MW Captive Power Plant located at Angul, Odisha. NALCO has bulk shipment facilities at Vizag port for export of Alumina/Aluminium and import of caustic soda and also utilizes the facilities at Kolkata and Paradeep Ports. The Company has registered sales offices in Delhi, Kolkata, Mumbai, Chennai and Bangalore and 9 operating stockyards at various locations in the Country to facilitate domestic marketing.

National Aluminium Company (Nalco) Buyback Offer Deal 2021

SymbolNATIONALUM
BuyBack PeriodFeb 25 2021 to Mar 10 2021
Offer Amount₹ 749 Crores
Offer TypeTender
Offer Price₹ 57.50 Per Equity Share
BuyBack Record DateFeb 08, 2021
Date of Public AnnouncementJan 27 2021
Buyback Number of Shares13,02,79,083
Face Value₹ 05
Book Running Lead ManagerIDBI Capital Markets & Securities Limited
RegistrarKFin Technologies Pvt. Ltd.
Contact person name number and Email idMr. M. Murali Krishna
nalco.buyback2021@kfintech.com

Profit & Loss Consolidated Figures Of National Aluminium Company (Nalco)

ParticularsMar
2015
Mar
2016
Mar
2017
Mar
2018
Mar
2019
Mar
2020
TTM
01/03/1501/03/1601/03/1701/03/1801/03/1901/03/20TTM
Sales +73836817754395091149984727780
Expenses +5510585864738159860779857135
Operating Profit1873959107013512893487645
OPM %25.00%14.00%14.00%14.00%25.00%6.00%8.00%
Other Income8216593771170327273212
Interest167332266
Depreciation414426480480476530548
Profit before tax2113118996420392741224303
Tax %37.00%34.00%31.00%34.00%37.00%39.00%
Net Profit132278766813421734136191
EPS in Rs5.133.053.456.949.290.731.02
Dividend Payout %34.00%65.00%81.00%82.00%62.00%205.00%
Source: Screener.in

Profit from the buyback on the bases of acceptance Ratio:

Buy 3478 Shares (2,00,000/57.50=3478) at CMP of Rs. 48 approx (Closing Price on 27th Jan, 2021) [Expected Acceptance Ratio: 5-10%]

Acceptance Ratio33.00%50.00%75.00%100.00%
Amount Invested in Buyback166944166944166944166944
No. of Shares buyback1148173926093478
BuyBack Profit10903.5316520.524780.7533041
Profit(%)6.52%9.80%14.80%19.79%

How to Participate in buyback?

  • Firstly, to be eligible for the buyback the investor should have shares of National Aluminium Company (Nalco) Buyback 2021 in Demat or physical form as on record date [08.02.2021]
  • Once you have shares in Demat, you can participate in the buyback process which is opening from [Feb 25 2021 to Mar 10 2021], by selling your shares through your broker on NSE or BSE.
  • Then on [March 19 2021] the payment will be given to you for accepted shares and unaccepted shares will be returned to your Demat account.

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