Nectar Lifesciences Buyback Oversubscribed 1.30x; Retail and Corporate Demand Drive January 2 Uptick

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Chandigarh, January 5, 2026 – Nectar Lifesciences Limited (NECLIFE) has entered clear oversubscription territory in its ongoing share buyback, with total bids reaching 1.30 times the offer size as of the close of trading on January 2, 2026, driven by strong participation from individual investors and corporates.
The company is executing a fixed-price buyback of up to 3 crore equity shares at ₹27 per share, with the offer remaining open until January 6, 2026.

Buyback Snapshot​

ParticularsDetails
Company NameNectar Lifesciences Limited
SymbolNECLIFE
SeriesBB
Offer TypeBuyback
Issue TypeFixed Price
Offer Price₹27 per equity share
Face Value₹1
Issue Size3,00,00,000 equity shares
Offer PeriodDecember 31, 2025 – January 6, 2026

Subscription Status​

(As on January 2, 2026 | 4:00 p.m.)
CategoryShares Bid
Qualified Institutional Buyers (QIBs)4,74,400
Non-Institutional Investors1,66,21,772
Individual Investors2,19,08,965
Total3,90,05,137
Cumulative demand of 3.90 crore shares against the buyback size of 3 crore shares translates into an overall subscription of 1.30 times.

Segment-wise Participation​

Retail investors led the book, bidding for 2.19 crore shares, underscoring strong interest from individual shareholders as the buyback gained momentum through the session.
Corporate participation under the non-institutional investor category also strengthened, with bids for 1.66 crore shares, contributing materially to the oversubscription.
QIB participation remained modest, with bids for 4.74 lakh shares, broadly in line with earlier trends.

Price-wise Order Book​

Offer Price (₹)No. of OrdersDemat QuantityPhysical QuantityTotal Quantity
27.006,1163,90,05,1373,90,05,137
All bids have been received in dematerialised form, with no physical share tenders reported so far.

About the Company​

Nectar Lifesciences Limited is a listed company that completed the divestment of its pharmaceutical operating businesses in 2025. The company is currently focused on capital optimisation and evaluating new strategic opportunities, with the ongoing buyback aimed at returning surplus funds to shareholders and streamlining its equity structure.
 

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The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.

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