Bajaj Auto buyback 2024 main points: The Bajaj Auto buyback open date is March 6, 2024. Bajaj Auto buyback document date is February 29, 2024. The investor must purchase the Bajaj Auto stocks ahead of the document date to get eligibility for the buyback.
Bajaj Auto Buyback of ₹4,000 crores authorized by means of the board of administrators on the assembly used to be hung on January 8, 2024. Bajaj Auto Buyback can be executed by the use of the Tender Offer course during the inventory alternate mechanism. The board of administrators of the corporate authorized the buyback by means of the Company of its absolutely paid-up fairness stocks having a face price of ₹10 every fairness proportion at a worth of ₹10,000 in step with Equity Share and for an combination quantity now not exceeding ₹4,000 crores from the shareholders. Check out Bajaj Auto Buyback 2024 main points beneath:
Bajaj Auto Limited is an Indian multinational car production corporate primarily based in Pune. Bajaj Auto is the sector’s third-largest producer of bikes and the second-largest in India. The corporate manufactures two-wheelers and three-wheelers like bikes, scooters and auto rickshaws. Bajaj Auto is part of the Bajaj Group that used to be based by means of Jamnalal Bajaj (1889–1942) in Rajasthan within the Nineteen Forties.
Bajaj Auto Buyback History
Bajaj Auto Buyback 2024 Dates
| Buyback Meeting Date: | January 8, 2024 |
| Buyback Announcement Date: | January 8, 2024 |
| Buyback Record Date: | February 29, 2024 |
| Last Date to Buy Shares: | February 28, 2024 |
| Buyback Open Date: | March 6, 2024 |
| Buyback Close Date: | March 13, 2024 |
| Finalization of Buyback Acceptance: | 2024 |
Bajaj Auto Buyback 2024 Offer Details
Bajaj Auto buyback of 40,00,000 fairness stocks at a worth of ₹10,000 in step with fairness proportion. The buyback gives to not exceed ₹4,000 crores of the whole buyback be offering dimension.
| Offer Amount: | ₹4,000 Crores |
| Number of Shares: | 40,00,000 Equity Shares |
| Face Value: | ₹10 in step with fairness proportion |
| Buyback Price: | ₹10,000 in step with fairness proportion |
| Listing: | BSE, NSE |
| Buyback Type: | Tender Offer |
| Letter of Offer: | Click Here |
Bajaj Auto Buyback 2024 Acceptance Ratio
The investor must purchase round 20 stocks at a present marketplace worth of ₹7,110 (as of January 9, 2024). The calculation can be ₹2,00,000 / ₹10,000 buyback worth = 20 stocks.
| Acceptance Ratio | Investment | Shares Buyback | Profit |
| 33% | ₹142,200 | 6 | ₹17,340 |
| 50% | ₹142,200 | 10 | ₹28,900 |
| 75% | ₹142,200 | 15 | ₹43,350 |
| 100% | ₹142,200 | 20 | ₹57,800 |
Bajaj Auto Financial Report
| ₹ in Crores | |||
| Year | Revenue | Expense | PAT |
| 2021 | ₹27,241 | ₹22,803 | ₹4,857 |
| 2022 | ₹33,145 | ₹27,886 | ₹6,166 |
| 2023 | ₹36,455 | ₹29,991 | ₹6,060 |
How to Participate in Bajaj Auto Buyback 2024
The traders are eligible for the buyback scheme who’ve Bajaj Auto stocks of their Demat Account because the Record Date. Eligible Share Holders can take part within the Bajaj Auto Buyback 2024 scheme as in step with the hole shape by means of promoting their stocks. The cost can be given as in step with the Bajaj Autoepted stocks by means of the corporate beneath the Bajaj Auto buyback scheme.
Bajaj Auto Buyback 2024 Registrar
To be up to date quickly
Bajaj Auto Buyback 2024 Lead Managers
Bajaj Auto Company Address
Bajaj Auto Limited
Pune Road, Akurdi
Pune – 411035
Phone: +91 20 27472851
Email: [email protected]
Website: https://www.bajajauto.com/
How to Apply the Bajaj Auto Buyback thru 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 put up Bajaj Auto Buyback Application Form.
How to Apply the Bajaj Auto Buyback thru Upstox?
Log in to Upstox Application along with your credentials. Select the Bajaj Autoount Section. You will see the Company Name “Bajaj Auto”. Click on Bajaj Auto Stock for Buyback. Enter your Quantity and put up Bajaj Auto Buyback Application Form.
How to Apply the Bajaj Auto Buyback thru Paytm Money?
Log in to Paytm Money Application along with your credentials. Select the Bajaj Auto. Enter your Quantity and put up Bajaj Auto Buyback Application Form.
Bajaj Auto Buyback 2024 FAQs
When is Bajaj Auto Buyback 2024 Record Date?
Bajaj Auto buyback 2024 document date is February 29, 2024.
When is Bajaj Auto Buyback 2024 Open Date?
What is Bajaj Auto Buyback 2024 Price?
How to use for Bajaj Auto Buyback 2024?
– Source : IPOWATCH