Equity

Wabco India- Open Offer Details and Key Financials

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Wabco India- Open Offer Details and Key Financials

 

10/08/2020

WABCO 

Market Cap: 13273 Rs crs

52 Week H/L: 7018/5296 

Year

CMP Fv Equity Capital Net Worth Long Term Debt Total Income PAT BV EPS P/E P/BV Promoter’s Holdings
Rs Rs Rs Cr. Rs Cr. Rs Cr. Rs Cr. Rs Cr. Rs Rs %
Q1 21 7000 5 9 1749 179 -31 922 -16.54 7.59
2019 7000 5 9 1780 2926 282 939 148.73 47.06 7.46 75
2018 7000 5 9 1526 2660 273 805 143.88 48.65 8.70

 

Wabco India is in the Commercial Vehicles Segment. The merger will help advance technologies and help innovate in the Commercial Vehicles segment. 

 

Details of the Offer:

The Open offer is for the acquisition of up to 4,741,900 (four million seven hundred forty-one thousand nine hundred only) fully paid-up equity shares of face value of ₹ 5 each of Wabco India limited (“target company”), representing 25%  of the total fully paid-up fully diluted voting equity share capital of the target company from the public shareholders of the target company by ZF Friedrichshafen Ag (“acquirer”) together with Wabco Asia private limited and LucasVarity. 

 

The offer price is Rs 7,067.51 per offer share, totalling to Rs 3351.34 crore.

Date of commencement of tendering period (Open Offer opening date) – 13th August (Thursday) 

Date of closure of tendering period (Open Offer closing date) – 26th August (Wednesday) 

 

Excerpts from Gaurav’s Blog

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