Zerodha (Trading Account)
FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
Zerodha (Trading Account)
FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
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Bajaj Auto Limited is a leading manufacturer of motorcycles and three-wheelers in India. The company manufactures motorcycles, scooters and auto rickshaws. Bajaj Auto is a part of the Bajaj Group. Bajaj Auto sold more than 18 million motorcycles in over 70 countries. The company is India's No.1 motorcycle exporter with two out of three bikes sold internationally carrying a Bajaj badge.
The company is also the world's largest manufacturer of three-wheelers. Bajaj Auto is the first two-wheeler and three-wheeler company in the world to have reached a market capitalisation of INR one trillion and continues to be the world's most valuable two and three-wheeler company.
| Issue Period | July 4, 2022 - October 10, 2022 |
| Security Name | Bajaj Auto Limited |
| Issue Type | Open Market Through Stock Exchange |
| Issue Size (Amount) | ₹2,500.00 Crores |
| Buyback Price | ₹4600 per share |
| Face Value | ₹10 per share |
| Listing At | BSE, NSE |
| Particulars | For the year/period ended (Rs. in Crore) | ||
|---|---|---|---|
| 31-Mar-22 | 31-Mar-21 | 31-Mar-20 | |
| Total Income | 34,428.85 | 29,017.54 | 31,443.22 |
| Profit After Tax | 6,165.87 | 4,857.02 | 5,211.91 |
| Month | High Price | Low Price | Average Price |
|---|---|---|---|
| Dec-2021 | 3,341.50 | 3,100.10 | 3,238.03 |
| Jan-2022 | 3,554.75 | 3,275.90 | 3,419.50 |
| Feb-2022 | 3,635.10 | 3,454.60 | 3,552.12 |
| Month | High Price | Low Price | Average Price |
|---|---|---|---|
| Dec-2021 | 3,344.75 | 3,105.20 | 3,238.45 |
| Jan-2022 | 3,564.65 | 3,277.10 | 3,420.08 |
| Feb-2022 | 3,632.15 | 3,458.65 | 3,553.09 |
The buyback is being undertaken for the following reasons:
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Bajaj Auto Limited
Akurdi
Pune
411 035
Phone: +91 20 27472851
Email: customerservice@bajajauto.co.in
Website: https://www.bajajauto.com/
Kfin Technologies Limited
KFintech, Tower-B, Plot No 31 & 32,
Financial District, Nanakramguda, Gachibowli,
Hyderabad, Telangana India - 500 032.
Phone: 04067162222, 04079611000
Email: einward.ris@kfintech.com
Website: https://kosmic.kfintech.com/ipostatus/
Lead Manager(s)
Registered Broker
The Bajaj Auto Buyback opens on July 4, 2022, and closes on October 10, 2022.
The Bajaj Auto Buyback is a Open Market Through Stock Exchange.
Bajaj Auto Buyback Schedule
| Buyback Opening Date | July 4, 2022 |
| Buyback Closing Date | October 10, 2022 |
| Last date for acceptance of shares | Upon relevant pay-out by the Stock exchange |
The Bajaj Auto Buyback is being offered at Rs ₹4600 per share per equity share.
There is no ratio applicable in case of open market offer through stock exchange mechanism.
There is no concept of record date in case of open market through stock exchange mechanism.
The Bajaj Auto Buyback has announced a buyback for an aggregate amount of not more than Rs. ₹2,500.00 Crores with pricing of Rs.₹4600 per share.
The buyback is being undertaken for the following reasons:
Any equity shareholder holding the shares in Demat form can participate in the buyback offer through their stockbroker. The physical shareholder can participate only once the shares get converted into a Dematerialized form.
The shareholder needs to inform their broker on the details of the Equity shares they wish to sell. The broker will place a sell order whenever the company places a buy order for the buyback. The trade would get executed at the offer price or lesser only when the price offered by the shareholder matches with the buy order placed by the company.
The Bajaj Auto Buyback offers an opportunity for the shareholders to exit their positions at a premium price. In case you stay invested you would have an increased percentage of shareholding in the company and improved earnings per share. Thus, one should understand the company fundamentals along with one's need, goals, and risk appetite to decide if one wants to stay invested or participate in the buyback offer.
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