Marksans Pharma Buyback 2022 announced on 08 July 2022. The Marksans Pharma buyback to start from 15 July 2022 and closes on 14 Jan 2023. The Company will do Buyback with equity of 1,00,00,000 Equity Shares around 8.78% of Face Value ₹1/ Each Fully paid off at a Price Of ₹60/- Per Equity. The size of this Buyback is about ₹60 Crores. And this will be done through a Buyback Open Market.
Marksans Pharma Ltd. is an Indian pharmaceutical company in the Business of world-class Formulation of pharmaceutical products. The company focus areas lie in the OTC & prescription drugs that have wide-ranging applications across fields like Oncology, Gastroenterology, Antidiabetic, Antibiotics, Cardiovascular, Pain Management, Gynaecology, among others.
Marksans Pharma’s premier manufacturing and R&D facility is located at Goa, India. The formulation plant here is spread across an 18,000 square feet campus. This facility is one of the biggest manufacturing facility for soft gelatin capsules and tablets in Asia. The plant is a 100% EOU has been designed to accommodate rapid future expansion.
The entire facility has been built to adhere to the US FDA guidelines and has been approved by various international bodies such as US FDA, UK MHRA, Australian TGA and ANVISA (Brazil). The facility houses a pilot manufacturing plant and has also received recognition from the Department of Scientific and Industrial Research (DISR).
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Marksans Pharma has another manufacturing facility at a multi-purpose UK MHRA licensed factory in Southport, UK. This setup is primarily engaged in manufacturing non-sterile liquids, ointments and powder products.
The company following manufacturing capacities and capabilities:
- Oral liquids in batches up to 8000 liters
- Non-oral liquids up to 3000 liters
- Blended powders up to 800 kilograms
- Ointments up to 400 kilograms
- Liquid packaging – from 5 ml up to 5 liters (bottles)
- Ointments and powders packaging – 5g to 5kg (containers)
- Powder filling – 5g to 20g (sachets)
Necessity of the Issue :
- The Buyback will help the Company to return surplus cash to its shareholders.
- The Buyback is generally expected to improve return on equity through the distribution of cash and improve earnings per share by the reduction in the equity base of the Company, thereby leading to a long-term increase in shareholders’ value.
Marksans Pharma Buyback 2022 Offer Details:
| Event Name | Details |
| Buyback Type | Open Market |
| Buyback Record Date | Open Markte |
| Buyback Offer Amount | ₹60 Cr |
| Date of Board Meeting approving the proposal | 08 July 2022 |
| Date of Public Announcement | 08 July 2022 |
| Buyback Offer Size | 8.78% |
| Buyback Number of Shares | 100,00,000 |
| Listing | NSE, BSE |
| Face Value | ₹1/- Rs. |
| Buyback Price | ₹60/- per share. |
Marksans Pharma Buyback 2022 Dates :
We have covered all important dates related to “Marksans Pharma Buyback 2022” Buyback Activity Dates are updated as they are announced.
| Buyback Activity | Dates |
| Board Meeting for Buyback proposal | 08 July 2022 |
| Buyback Approval date | 08 July 2022 |
| Public Announcement Date | 08 July 2022 |
| Buyback Record Date | Open Market |
| Buyback Opening Date | 15 July 2022 |
| Buyback Closing Date | 14 Jan 2023 |
Marksans Pharma Limited Financial Report (in Cr) :
| Year | Revenue | Expense | PAT |
| 2022 | ₹1,491 | ₹1,232 | ₹187 |
| 2021 | ₹1,376 | ₹,1037 | ₹239 |
| 2020 | ₹1,134 | ₹942 | ₹121 |
Quick Link :
■ Publication Letter
■ Letter of Offer
Registrar of The Buyback :
Bigshare Services Private Limited
S6-2, 6th Floor, Pinnacle Business Park
Next to Ahura Centre, Mahakali Caves Road
Andheri (East), Mumbai – 400 093
Tel No.: +91 22 6283 8200
Contact Person: Swapnil Kate
Email: [email protected]
Website: www.bigshareonline.com
Manager of The Buyback :
Sundae Capital Advisors Private Limited
Level 11, Platina, Plot No. C – 59
‘G’ Block, Bandra Kurla Complex
Bandra (East), Mumbai – 400 051
Maharashtra, India
Tel No.: +91 22 6884 1336 / 1337
Contact Person: Janil Jain / Ridima Gulati
Email: [email protected]
Website: www.sundaecapital.com
Company Address :
Marksans Pharma Ltd
11th Floor, Veera Desai Extension Road,
Oshiwara, Andheri (W),
Mumbai – 400 053
Phone: +91 224001 2000
Email: [email protected]
Website: http://marksanspharma.com/
How to Participate in Marksans Pharma Ltd buyback?
The Investors are eligible for the buyback scheme who have Marksans Pharma shares in their Demat account as the Record date is Not Declare as the offer is Open Market. Investors can participate in the Marksans Pharma Buyback 2022 scheme as per the opening form by selling their shares. The payment will be given as per the accepted shares by the company under the Marksans Pharma buyback scheme.
How to apply for Marksans Pharma buyback zerodha?
You can apply for the buyback, follow the steps below:
- Visit console.zerodha.com.
- Click on the context menu and then Portfolio.
- Click on Corporate actions.
- Click the Buybacks tab, tap on Marksans Pharma and then Place order.
- Enter the quantity and tap on Submit.
How to apply for Marksans Pharma buyback on Groww?
You can apply for the buyback, follow the few steps below: This feature not applicable on Groww App only available on Groww Website.
- Visit the official Groww website.
- Search Marksans Pharma Buyback in the search option.
- You can see Marksans Pharma buyback result in search option tap on the Marksans Pharma buyback.
- You will reach the Marksans Pharma buyback screen, here enter the number of shares and click sell.
- You can see your order is successfully placed.
How to apply for Marksans Pharma buyback on upstox?
You can apply for the buyback, follow the few steps below:
- Login to the Upstox app using your 6-digit PIN or biometrics.
- Click on the Account Section on your right bottom corner (Applicable New upstox app).
- Click ‘Account’, then ‘Corporate actions’ and then Buyback / Delisting/ Takeover.
- Select the Marksans Pharma stock for buyback.
- Enter the quantity and click on apply.
- If you have submitted your POA, then the buyback will be confirmed.
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Marksans Pharma Buyback 2022 FAQs:
When is Marksans Pharma Buyback 2022 Announcement Date?
Marksans Pharma buyback 2022 announcement date is 08 July 2022.
When is Marksans Pharma Buyback Open Date?
Marksans Pharma buyback Open date is 15 July 2022.
When is Marksans Pharma Buyback Close Date?
Marksans Pharma buyback Close date is 14 Jan 2023.
When is Marksans Pharma Buyback Record Date?
Marksans Pharma buyback 2022 Record date is Not Declare as the offer is Open market.
What is Marksans Pharma Buyback Price?
Marksans Pharma company has fixed the price at ₹60 per share.
What is Marksans Pharma Buyback Offer Size?
Marksans Pharma company Buyback Offer Size is ₹60 Cr.
How to apply for Marksans Pharma Buyback 2022?
As per the record date you need to have Marksans Pharma shares in your Demat account. You can participate in buyback after having the stock in your account.
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