Here we have discussed about NTPC share buyback. NTPC announces share buyback worth ₹2,275 cr at ₹115 per share. This amounts to a 28% premium as NTPC’s scrip on BSE closed 2% higher on Monday at ₹89.55.

NTPC’s Q2 standalone net profit rises 7% to ₹3,504 cr.

NTPC Share Buyback Offer Details

NTPC Share Buy Back Plan | Latest NTPC Stock News | NTPC Buyback Shares

  • NTPC Total Share Capital: – 9894.6 Cr
  • NTPC Face Value: 10 Per Equity Share
  • Buyback Offer Amount: Rs – 2275 Cr
  • NTPC Buyback Offer Size (In %): -2.19%
  • Buyback Number of Shares: – 19.78 crore
  • NTPC Buyback Price: 115 per unit
  • Promoters and Promoter Group participation: Yes
  • Buyback type: Tender Offer

Can I Invest today to participate in NTPC buyback offer? : Yes

NTPC announces share buyback worth ₹2,275 cr at ₹115 per share.

In October, NTPC had filed an application with the Securities and Exchange Board of India (Sebi) to seek exemption from the strict enforcement of the buyback norms.

The board approved the proposal to buy back 19,78,91,146 fully paid-up equity shares at a price of ₹115 per unit for an aggregate consideration not exceeding ₹2,275.75 crore, the filing stated.

The company has fixed 13 November, 2020 as the record date for the purpose of ascertaining the eligibility of shareholders for buyback of equity shares.

NTPC on Monday reported 7% increase in standalone net profit at 3,504 crore for the quarter ending 30 September, 2020 as against 3,262 crore in the year-ago period.

Revenue from operations rose 8% to 24,677 crore as compared to 22,673 crore in September 2019.

Also Check:- Latest Share Buyback 2020

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NTPC Buyback Important Dates

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

NTPC Buyback Offer Dates
Buyback Activity Date
Board Meeting for NTPC Buyback proposal 02.11.2020
NTPC Buyback Approval date 02.11.2020
Public Announcement of NTPC Buyback 02.11.2020
NTPC Buyback Record Date 13.11.2020
NTPC Buyback opens on/Buyback Opening Date 07.12.2020
NTPC Buyback closes on/Buyback Closing Date 18.12.2020
Cut-off date to receive completed tender forms by Registrar 21.12.2020
Cut-off date for verification by the Registrar 23.12.2020
Cut-off date to inform Stock Exchange on acceptance or
non-acceptance of tendered Equity Shares by Registrar
Last date of settlement of bids on the stock exchange 30.12.2020
Last date to return unaccepted shares by Registrar 30.12.2020
Last date of extinguishment of Equity Shares 06.01.2021

Upcoming Buyback 2020

NTPC Share Holding Pattern as of SEP 2020

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

Shareholding Pattern – NTPC Ltd.
Holder’s Name No of Shares % Share Holding
No Of Shares 9894557280 100%
Promoters 5048097508 51.02%
Foreign Institutions 1125577082 11.38%
N Banks Mutual Funds 1985955143 20.07%
Central Govt 13143103 0.13%
Others 42920749 0.43%
General Public 213829739 2.16%
Financial Institutions 1465033956 14.81%

Capital markets regulator Sebi had on Friday granted exemption to state-run NTPC from certain buyback norms for the proposed merger of wholly-owned subsidiaries with the parent company.

In November 2019, NTPC’s board of directors had approved a scheme of amalgamation entailing the merger of Nabinagar Power Generating Company Ltd and Kanti Bijlee Utpadan Nigam Ltd with NTPC.

The government currently holds 51.02 per cent stake in the power utility. The Department of Investment and Public Asset Management which has a target of earning Rs 2.1 lakh crore from disinvestment receipts is believed to eyeing buy-back of shares by some 6-8 blue-chip PSUs as one of the ways of achieving the target.

NTPC Buyback Record Date

Tentative Record Date To Participate In NTPC Buyback

The company has fixed 13 November, 2020 as the record date for the purpose of ascertaining the eligibility of shareholders for buyback of equity shares.

How to Apply for NTPC 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 NTPC buyback from Zerodha

Here is complete method from Zerodha

  • 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 NTPC buyback from Upstox

Latest & Upcoming Buybacks 2020

Company Contact Information

NTPC Limited
NTPC Bhawan,
SCOPE Complex, Institutional Area, Lodhi Road,
New Delhi – 110003
+91 11 24360100, 24387000, 24387001
Fax NO.: 91 11 24361018
Email: ntpccc@ntpc.co.in

Registrar Contact Information

Link Intime India Private Limited
C-101, 1st Floor, 247 Park,
Lal Bhadur Shastri Marg, Vikhroli (West), Mumbai 400 083
Tel:+91 022 49186200
Contact Person: Mr. Sumeet Deshpande
E-mail: rites.buyback2020@linkintime.co.in

***Related Queries***

NTPC 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 NTPC buyback? How can I apply in NTPC Buyback offer?

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NTPC Buyback 2020 FAQs:

When is NTPC Buyback Record Date?

NTPC buyback 2020 record date is Nov 13, 2020.

When is NTPC Buyback announcement Date?

NTPC buyback 2020 announcement date is Nov 2, 2020.

What is NTPC Buyback Price?

The company has fixed the price at ₹-at ₹115 per share

How to apply for NTPC Buyback 2020?

As per the NTPC record date you need to have NTPC shares in your demat account. You can participate in buyback after having the stock in your account.

What is the record date for NTPC buyback offer?

The Record Date for NTPC Buyback offer: The company has fixed 13 November, 2020 as the record date for the purpose of ascertaining the eligibility of shareholders for buyback of equity shares.

How much I can make with NTPC buyback offer?

You can earn a premium of 28% 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 NTPC buyback offer?

Steps to participate in NTPC buyback:
On Record date (Coming Soon) you must have share of NTPC 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 NTPC 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 NTPC share for buyback?

Buyback opening date for NTPC: (Coming Soon)
Buyback closing date for NTPC: (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 NTPC 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).