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:
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.
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
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?
What is Bajaj Auto Buyback 2022 Price?
How to use for Bajaj Auto Buyback 2022?
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– Source : IPOWATCH