Established in 1936, Amrutanjan Health Care Limited stands as a pioneering force in the realm of pain and congestion management since its inception in 1893. The company’s unique strength resides in its harmonious blend of scientific knowledge and natural remedies, driven by a steadfast commitment to alleviating various physical discomforts.
The product portfolio of Amrutanjan Health Care is strategically categorized into the following segments:
- Pain Management
- Congestion Management
- Women’s Hygiene
- Beverages
- Other Products
Guided by the principles of Ayurveda, natural remedies, and herbal ingredients, the products of Amrutanjan Health Care Limited epitomize a holistic approach to well-being. The dynamic leadership of Mr. Sambhu Prasad Sivalenka, serving as the Chairman and Managing Director, steers the company toward its continued success.
Among the notable offerings from Amrutanjan are the New Maha Strong Pain Balm, Roll-on, Stick-on Patch, Relief Cough Syrup, Relief Swas Mint, Comfy Snug Fit, Amrutanjan Stop Pain Dental Gel, Decorn Corn Caps, Fruitnik, Fruitnik Electro+, and an array of other innovative solutions. This diverse product array encapsulates the essence of Amrutanjan Health Care Limited’s commitment to enhancing the health and well-being of its consumers.
Amrutanjan Health Care Ltd. Stock Quote #
- Open: ₹626.45
- High – Low: ₹639.30 – ₹625.00
- Previous Close: ₹624.20
- Total Traded Value: 52,892
- 52 Weeks High: ₹847.25 (Aug 12, 2022)
- 52 Weeks Low: ₹554.05 (Mar 31, 2023)
- Updated On: Aug 10, 2023 4:00 PM
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Amrutanjan Health Care Buyback 2023 Detail #
Issue Period Jul 19, 2023 – Jul 25, 2023 Security Name Amrutanjan Health Care Limited Issue Type Tender Offer Issue Size (Shares) 320,000.00 Issue Size (Amount) ₹28.80 Crores Buyback Price ₹900 per share Face Value ₹1 per share Listing At BSE, NSE Amrutanjan Health Care Buyback 2023 Issue Timetable #
Last Date to buy shares Jul 12, 2023 Record Date Jul 13, 2023 Offer Opens On Jul 19, 2023 Last Date for receipt of Tender Forms Offer Closes On * Jul 25, 2023 Finalisation of Buyback Acceptance Last Date for settlment of bids Last Date for Extinguishment of Shares uyback Ratio #
Category Entitlement Ratio of Buyback Shares Offered Reserved Category for Small Shareholders 2 Equity Shares out of every 91 Fully paid-up Equity Shares held on the Record Date. 53,652.00 General Category for all other Eligible Shareholders 2 Equity Shares out of every 91 Fully paid-up Equity Shares held on the Record Date. 266,348.00 Company Financials #
Amrutanjan Health Care Limited Financial Information (Restated) Period Ended Total Assets Total Revenue Profit After Tax 31-Mar-19 187.61 260.36 24.51 31-Mar-20 205.35 269.80 25.08 31-Mar-21 274.27 344.16 61.19 31-Mar-22 349.87 421.22 67.19 31-Mar-23 362.09 394.18 39.83 Amount in ₹ Crore Stock price at BSE (in preceding 3 months) #
Month High Price Low Price Average Price Jun-2023 737.50 588.65 622.82 May-2023 608.05 582.55 599.85 Apr-2023 623.85 593.90 607.21 Stock price at NSE (in preceding 3 months) #
Month High Price Low Price Average Price Jun-2023 738.25 586.95 622.18 May-2023 608.25 583.60 599.70 Apr-2023 624.00 593.15 607.00 Necessity of the Issue #
The proposed Buy-back will help the Company achieve the following objectives:
- Improve the valuation of the Company and fair valuation of the share price
- Enhancing the overall return to shareholders in the long run
- Creating long term value for shareholders
- Improving the fundamental ratios of the Company
- Exit option to shareholders, particularly small shareholders, at a premium over market price.
Amrutanjan Health Care Buyback 2023 Documents #
- Letter of Offer
Company Contact Information #
Amrutanjan Health Care Limited
103, (Old No. 42-45),
Luz Church Road
Mylapore, Chennai – 600 004Phone: +91 44 2499 4465
Email: investors@amrutanjan.com
Website: https://www.amrutanjan.com/index.htmlAmrutanjan Health Care Buyback 2023 Registrar #
- Cameo Corporate Services Limited
Cameo Corporate Services Ltd.,
Subramanian Building # 1, Club House Road,
Chennai 600 002 – IndiaPhone: +91-44-28460390
Email: priya@cameoindia.com
Website: https://ipo.cameoindia.com/
Amrutanjan Health Care Buyback 2023 Manager #
Lead Manager(s)
Registered Broker
- Choice Equity Broking Pvt Ltd
Email:
