Incorporated in 1985, Chambal Fertilisers and Chemicals Ltd is an Indian agrochemicals manufacturing company established by the KK Birla Group. The company is based in Kota, Rajasthan and is one of the largest private sector fertilizer producers in India.
Chambal Fertilisers and Chemicals Ltd produces urea at three plants in the Gadepan area of Kota. The company also markets other fertilizers and agricultural inputs, such as di-ammonium phosphate (DAP) and muriate of potash.
Chambal Fertilisers and Chemicals Ltd’s annual production of more than 3.4 million metric tons of urea accounts for nearly 15% of the total urea produced in India.
The company serves the farmers in ten states across the northern, eastern, central and western regions of India. It is the primary supplier of fertilizers in the states of Rajasthan, Madhya Pradesh, Punjab, and Haryana. The company boasts an extensive marketing network, comprising of 15 regional offices, 2,200 dealers and 22,000 village-level outlets.
The company has been recognized with the Sword of Honour award from the British Safety Council for two years in a row. Additionally, it has been granted ISO 14001 certification for Environment Management System Standard, ISO 9001 certification for Quality Management System Standard, and OHSAS 18001 certification for Occupational Health and Safety Management System Standard.
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Chambal Fertilisers and Chemicals Buyback 2024 Detail
| Issue Period | |
| Security Name | Chambal Fertilisers and Chemicals Limited |
| Issue Type | Tender Offer |
| Issue Size (Shares) | 15,555,555 (3.74 % of Total number of equity Shares) |
| Issue Size (Amount) | ₹700.00 Crores |
| Buyback Price | ₹450 per share |
| Face Value | ₹10 per share |
| Listing At | BSE, NSE |
Chambal Fertilisers and Chemicals Buyback 2024 Issue Timetable
| Last Date to buy shares | January 17, 2024 |
| Record Date | January 18, 2024 |
| Offer Opens On | |
| Last Date for receipt of Tender Forms | |
| Offer Closes On * | |
| Finalisation of Buyback Acceptance | |
| Last Date for settlment of bids | |
| Last Date for Extinguishment of Shares |
Chambal Fertilisers and Chemicals Limited Financial Information (Restated Standalone)
Chambal Fertilisers and Chemicals Limited’s revenue increased by 73.42% and profit after tax (PAT) dropped by -16.92% between the financial year ending with March 31, 2023 and March 31, 2022.
| Period Ended | 31 Mar 2023 | 31 Mar 2022 | 31 Mar 2021 |
| Assets | 12,513.64 | 13,012.33 | 10,226.97 |
| Revenue | 28,031.85 | 16,164.39 | 12,788.92 |
| Profit After Tax | 1,069.31 | 1,287.12 | 1,347.04 |
| Net Worth | |||
| Reserves and Surplus | 6,778.76 | 6,021.19 | 5,106.12 |
| Total Borrowing | |||
| Amount in ₹ Crore | |||
Necessity of the Issue
The Buyback is being undertaken for the following reasons:
- The Buyback will help the Company to return surplus cash to its shareholders holding Equity Shares thereby, enhancing the overall return to shareholders;
- The buyback will help the company to improve its capital structure by optimizing debt to equity ratio. It would also help in improving financial ratios such as earnings per share and return on equity.
Company Contact Information
Chambal Fertilisers and Chemicals Limited
Corporate One, First Floor
Commercial Centre, Jasola
New Delhi – 110 025
Phone: 91-744-2782915
Email: corporate@chambal.in
Website: https://chambalfertilisers.com/