NALCO Buyback 2021: National Aluminium BUY BACK PRICE & RECORD DATE Latest News


Nalco is a navratna CPSE under the Ministry of Mines. The company has integrated and diversified operations in mining, metal and power.

National Aluminium Company (NALCO) on Wednesday approved share buyback of 13.03 crore shares at 57.50 per share. The company is thus offering shares worth 749.23 crore.

NALCO also announced that it has fixed 8th February 20 as the record date for the purpose of ascertaining the eligibility of shareholders for buyback of equity shares.

“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 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.

Nalco Share Buyback Offer Details

National Aluminium Company
Share Buy Back Plan | NALCO Buyback Shares

Buyback Type: Tender Offer
NALCO Buyback Record Date: 08.02.2021
NALCO Buyback Offer Amount: ₹ 749 CR
Date of Board Meeting approving the proposal: 27.01.2021
Date of Public Announcement: 27.01.2021
NALCO Buyback Offer Size: 6.98%
Buyback Number of Shares: 13,02,79,083
Price Type: Tender Offer
Face Value (FV): 5
NALCO Buyback Price: ₹ 57.50/ Equity Share
NALCO Buyback Premium: 23%

The news comes shortly after NTPC, EIL, KIOCL announced a share buyback. The government is believed to have reached out to Coal India Ltd, NMDC Ltd, MOIL Ltd, and Engineers India Ltd (EIL) for share buybacks this year.

The government is the largest shareholder in all these companies and is looking to sell off its equity for cash in return. The Department of Investment and Public Asset Management (DIPAM) has managed to raise just about 3 percent of its FY21 target of Rs 2.1 lakh crore so far.

Also Check:- Latest Share Buyback 2021

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NALCO Buyback Important Dates

In this section we have covered all important dates related to “NALCO Buyback Date”. Dates are updated as they are announced. The most noted dates are NALCO record date and NALCO buyback open and close dates, which one should use to participate in buyback.

NALCO Buyback Offer Dates
Buyback Activity Date
Board Meeting for NALCO Buyback proposal 27.01.2021
NALCO Buyback Approval date 27.01.2021
Public Announcement of NALCO Buyback 27.01.2021
NALCO Buyback Record Date 08.02.2021
NALCO Buyback opens on/Buyback Opening Date Coming Soon
NALCO Buyback closes on/Buyback Closing Date Coming Soon
Cut-off date to receive completed tender forms by Registrar Coming Soon
Cut-off date for verification by the Registrar Coming Soon
Cut-off date to inform Stock Exchange on acceptance or non-acceptance of tendered Equity Shares by Registrar Coming Soon
Last date of settlement of bids on the stock exchange Coming Soon
Last date to return unaccepted shares by Registrar Coming Soon
Last date of extinguishment of Equity Shares Coming Soon

Upcoming Buyback 2021

NALCO Pre Buyback Share Holding Pattern as of 22.01.2021

Stock Holding table gives a clear picture on retail investor holdings of NALCO shares which helps investor to decide on participating in buyback offer. The less number of retail holdings means higher chance of acceptance in NALCO buyback under retail category which is equal to higher profit.

Shareholding Pattern – National Aluminium Company Ltd.
Holder’s Name No of Shares % Share Holding
No Of Shares 1,86,56,17,498 100%
Promoters 96,07,93,011 51.50%
Foreign Institutions 12,87,09,284 6.90%
N Banks Mutual Funds 16,96,24,844 9.09%
Financial Institutions / Banks 1,23,75,514 0.66%
Qualified Institutional Buyer 18,39,93,672 9.86%
General Public 28,25,36,590 15.14%
Other Bodies Corporate 8,04,26,170 4.31%

NALCO Buyback Record Date

Tentative Record Date To Participate In NALCO Buyback

Company has fixed 8th February, 2021 as the record date for the purpose of the eligibility of shareholders for Buyback of equity shares.

NALCO Buyback Acceptance Ratio

Profit from the buyback on the bases of acceptance Ratio:

Buy 3478 Shares at CMP of Rs.48 [200000/57.50=3478)

Acceptance Ratio 33% 50% 75% 100%
Amount Invested in Buyback 1,66,956 1,66,956 1,66,956 1,66,956
No. of Shares buyback 1147 1739 2608 3478
BuyBack Profit 10896 16520 24776 33041
Profit(%) 6.52% 9.8% 14.8% 19.79%

How to Apply for NALCO Buyback?

Now if you are wondering ‘how do I apply for a buyback?’ we’ve got you covered. When it comes to share-buyback schemes, the capital market regulator has compulsorily reserved a buyback portion of 15% for retail investors who possess in-hold shares in a company worth upto ₹2 lakhs.

This percentage is also taking into account the scrip’s market value as seen on the record date of the buyback offer. During the application process of share buyback, you will be given a tender form by the company.

This form is where you enter the number of shares of that company that you wish to tender. There is a ratio of acceptance attached to the tender form which signifies how likely the company is to accept your request for share buybacks.

Different companies have different ratios for share buybacks. Here is what you can expect in a typical tender form given by a company. There are normally three fields as follows:

  1. The number of shares you hold from the said company as on the record date
  2. The number of shares that fit the eligibility criteria for buybacks
  3. The number of shares that one is applying for a buyback.

Apply NALCO buyback from Zerodha

Here is complete method from Zerodha You can apply for Buybacks on Console> Portfolio> Corporate action order window

  • Hover your mouse on the stock and select ‘Options’ and click on ‘Place order’
  • Enter the number of shares you want to tender and click on ‘Submit’
  • Buyback/Takeover/Delisting orders are collected until 6:00 PM, one trading day prior to the offer end date. Ensure to hold sufficient quantities in your demat account before closure of the offer end date. (Do not sell the shares after placing the order). Only shareholders who hold the shares as on the record date will be eligible for the corporate action.

Apply NALCO buyback from UPSTOX

Latest & Upcoming Buybacks 2021

About National Aluminium Company Ltd.

National Aluminium Company Limited (NALCO) is a Navratna CPSE under Ministry of Mines. It was established on 7th January 1981 in the Public Sector, with its registered office at Bhubaneswar.

The Company is a group ‘A’ CPSE, having integrated and diversified operations in mining, metal, and power with a sales turnover of Rs 9,376 crore in the financial year 2017-18. Presently, Government of India holds 56.59% 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 the 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.

NALCO Financial

QUARTERLY | ANNUAL SEP 2020 JUN 2020 MAR 2020 DEC 2019 SEP 2019
Total Income 2,399.05 1,413.92 2,042.27 2,136.57 2,420.11
Total Income Growth (%) 69.67 -30.77 -4.41 -11.72 12.80
Total Expenses 2,242.21 1,387.46 1,862.54 2,188.14 2,465.64
Total Expenses Growth (%) 61.61 -25.51 -14.88 -11.25 23.52
EBIT 156.84 26.46 179.73 -51.57 -45.53
EBIT Growth (%) 492.74 -85.28 -130.49
PAT 107.27 16.69 100.51 -33.90 -28.25
PAT Growth (%) 542.72 -83.39 -128.86
EBIT Margin (%) 6.54 1.87 8.80 -2.41 -1.88
Net Profit Margin (%) 4.47 1.18 4.92 -1.59 -1.17
Basic EPS (₹) 0.57 0.09 0.54 -0.18 -0.15

All figures in Rs Cr, unless mentioned otherwise

National Aluminium Company Ltd. – Contact Details

Company Contact Details
National Aluminium Company Limited
(A Government of India Enterprise)
NALCO Bhawan,Plot No.P/1,Nayapalli,Bhubaneswar–751013,India
CIN # L27203OR1981GOI000920

***Related Queries***

Nalco Buyback Important dates – Record Date, Buyback Start and End date. Buyback Details – Buyback Price, Buyback Offer Size, Buyback Number of Shares, Retail Investors limit.

What is the record date for Nalco INDIA buyback?
How can I apply in Nalco INDIA Buyback offer?

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NALCO Buyback 2021 FAQs:

What is is NALCO Buyback Record Date?

NALCO buyback 2021 record date has fixed 8th February, 2021.

When is NALCO Buyback announcement Date?

NALCO buyback 2021 announcement date is January 27, 2021.

What is NALCO Buyback Price?

NALCO is announced the buyback at a price range of Rs 57.50 per share which is at a premium of 23%.

How to apply for NALCO Buyback 2021?

As per the NALCO record date (08.02.2021) you need to have NALCO India shares in your demat account. You can participate in buyback after having the stock in your account.

How much profit I can make with NALCO buyback offer?

You can earn a premium of 23% from current market price.
Its all depend on acceptance ratio which usually announce with Letter of Offer. The percentage of proportionate acceptance varies from company to company. This percentage can be also 100% which means that company buys all of your shares.

How to Participate in NALCO buyback offer?

Steps to participate in NALCO buyback:
On Record date (08.02.2021) you must have share of NALCO in your demat account. Depositing of share in your DP account usually take T+2 days, so you need to plan your buying accordingly.
After that company announces buyback open and close window, so you need to tender your share in buyback process. You can do this online or contact your broker to tender your share in buyback, so he can place a request on your behalf.
Next step is with registrar – depend on buyback acceptance ratio, your shares will be sold in buyback process and fund will directly debited in your bank account. Any rejected share will be revert in your demat account which you can sell in open market or hold for long term gain.

How many NALCO share are eligible for buyback?

Share holders who hold less than 2 lakh worth of shares are consider in Retail Category. All others will consider in General Category. Last trading price on record date will be used to calculate the eligibility criteria.

When I need to tender NALCO share for buyback?

Buyback opening date for NALCO India Ltd.: (Coming Soon)
Buyback closing date for NALCO India Ltd.: (Coming Soon)
This is the window when you need to submit your application for proposal for share buyback.

When I will know how much shares accepted in NALCO buyback offer?

As this is a buyback tender offer, shares are accepted in proportionate basis. Proportionate acceptance / rejection will be returned back to the eligible shareholders directly by the Registrar on or before (Coming Soon).