Tuesday, June 25, 2024

Bajaj Auto Buyback 2022 Record Date, Price & Ratio Details – IPO Watch


Bajaj Auto buyback 2022 was introduced on June 27, 2022. The Bajaj Auto buyback open date is July 4 and can shut on Jan 3, 2023. Bajaj Auto buyback document date just isn’t obtainable as it’s an Open Market buyback supply. The investor can purchase the Bajaj Auto shares earlier than the document date to get eligibility for the buyback.

Bajaj Auto Buyback of ₹2500 crore accredited by the board of administrators on the assembly was held on June 27, 2022. Bajaj Auto Buyback shall be carried out by way of the Open Market route via the inventory trade mechanism. The board of administrators of the corporate accredited the buyback by the Company of its totally paid-up fairness shares having a face worth of ₹10 every fairness share at a value not exceeding ₹4,600 per Equity Share and for an mixture quantity not exceeding ₹2500 crores from the shareholders. Check out Bajaj Auto Buyback 2022 particulars beneath:

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Bajaj Group firm Bajaj Auto Limited is a producer of bikes, scooters, and three-wheelers. They are India’s No.1 bike exporter. The firm launched manufacturers like Boxer, Caliber, Pulsar, and plenty of extra. They launched India’s first actual cruiser bike, Kawasaki Bajaj Eliminator. They are the world’s largest three-wheelers producer as nicely. Bajaj Auto is the primary two-wheeler and three-wheeler firm on the planet that reached a market capitalization of INR 1 trillion.

 

Bajaj Auto Buyback 2022 Dates & Time Table

 Buyback Meeting Date:  June 27, 2022
 Buyback Announcement Date:  June 27, 2022
 Buyback Record Date:  Open Market
 Buyback Open Date:  July 4, 2022
 Buyback Close Date:  Jan 3, 2023
 Finalization of Buyback Acceptance:  [.]

Bajaj Auto Buyback 2022 Offer Details

Bajaj Auto buyback of 54,34,782 fairness shares at a value of ₹4600 per fairness share. The buyback presents to not exceed ₹2500 crores of the whole buyback supply measurement.

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 Offer Amount:  ₹2500 Crores
 Number of Shares:  54,34,782 Equity Shares
 Face Value:  ₹10 per fairness share
 Buyback Price:  ₹4600 per fairness share
 Listing:  BSE & NSE
 Buyback Type:  Open Market
 Letter of Offer:  Click Here

Bajaj Auto Buyback 2022 Acceptance Ratio

The investor can purchase round 43 shares at a present market value of ₹3855 (as of June 27, 2022). The calculation shall be ₹2,00,000 / ₹4600 buyback value = 43 shares.

Acceptance Ratio Investment Shares Buyback Profit
33% ₹167,608 14 10,430
50% ₹167,608 21 15,645
75% ₹167,608 32 23,840
100% ₹167,608 43 32,035

Bajaj Auto Financial Report

  ₹ in Crores
Year Revenue Expense PAT
2020 ₹31642 ₹24826 ₹5100
2021 ₹29018 ₹22819 ₹4555
2022 ₹34354 ₹27579 ₹5019

How to Participate in Bajaj Auto Buyback 2022 

The buyers are eligible for the buyback scheme who’ve Bajaj Auto shares of their Demat account because the Open Market. Eligible share holders can take part within the Bajaj Auto Buyback 2022 scheme as per the opening type by promoting their shares. The fee shall be given as per the accepted shares by the corporate below the Bajaj Auto buyback scheme.

Bajaj Auto Buyback 2022 Registrar

KFin Technologies Limited

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Selenium Tower B, Plot No. 31-32,

Gachibowli, Financial District,

Nanakramguda, Seri, Hyderabad 500032, Telangana

Tel: 040-67161500, 67162222, 33211000

Fax; 040-23420814, 23001153

Website: http://www.kfintech.com

Bajaj Auto Buyback 2022 Lead Managers

  • JM Financial Consultants Private Limited

Bajaj Auto Company Address

Bajaj Auto Limited
Mumbai-Pune Road, Akurdi,
Mumbai – 411035, , Maharashtra
Tel: 022-27472851
Fax: 022-27407380
Email: [email protected]
Website: http://www.bajajauto.com

How to Apply the Bajaj Auto Buyback via Zerodha?

Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on Corporate Actions. You will see the Company Name “Bajaj Auto”. Click on Place Order. Enter your Quantity and submit Bajaj Auto Buyback Application Form.

How to Apply the Bajaj Auto Buyback via Upstox?

Log in to Upstox Application together with your credentials. Select the Account Section. You will see the Company Name “Bajaj Auto”. Click on Bajaj Auto Stock for Buyback. Enter your Quantity and submit Bajaj Auto Buyback Application Form.

How to Apply the Bajaj Auto Buyback via Paytm Money?

Log in to Paytm Money Application together with your credentials. Select the Bajaj Auto. Enter your Quantity and submit Bajaj Auto Buyback Application Form.

Bajaj Auto Buyback 2022 FAQs

When is Bajaj Auto Buyback 2022 Record Date?

Bajaj Auto buyback 2022 document date is Open Market.

When is Bajaj Auto Buyback 2022 Open Date?

Bajaj Auto buyback 2022 open date is July 4, 2022.

What is Bajaj Auto Buyback 2022 Price?

The firm has mounted the value at ₹4600 per share.

How to use for Bajaj Auto Buyback 2022?

As per the document date it is advisable to have Bajaj Auto shares in your Demat account. You can take part in buyback after having the inventory in your account.

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– Source : IPOWATCH

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