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Bajaj Consumer Care Buyback 2024 vs Godawari Power and Ispat Buyback 2024

Comparision between Bajaj Consumer Care Buyback 2024 and Godawari Power and Ispat Buyback 2024.

Buyback Details

Bajaj Consumer Care Buyback 2024 is a Tender Offer buyback proposed to list at BSE, NSE while Godawari Power and Ispat Buyback 2024 is a Tender Offer proposed to list at BSE, NSE.

  Bajaj Consumer Care Limited Godawari Power & Ispat Limited
Logo Bajaj Consumer Care Buyback 2024 Logo Godawari Power and Ispat Buyback 2024 Logo
Type of Buyback Tender Offer Tender Offer
Listing At BSE, NSE BSE, NSE
Face Value ₹1 per share ₹5 per share
Buyback Price ₹290 per share ₹1400 per share
Issue Size 57,41,000 shares 2,15,000 shares
Issue Size (Amount) ₹166.49 Crores ₹30.10 Crores
Buyback Ratio
Registrar Kfin Technologies Limited Link Intime India Private Ltd
Lead Managers Iifl Securities Ltd Mark Corporate Advisors Private Limited
Necessity of the buyback

The Buyback is being undertaken for the following reasons:

  1. The Buyback will help the Company to return surplus cash to its shareholders holding Equity Shares broadly in proportion to their shareholding.
  2. The buyback consists of a reservation for the small shareholder. The company believes that this reservation for small shareholders would benefit many public shareholders who would be classified as "small shareholders".
  3. The buyback may help in improving financial ratios like return on equity, by reduction in the equity base, thereby leading to a long-term increase in shareholders' value.
  4. The Buyback gives an option to the shareholders holding Equity Shares of the Company, who can choose to participate and get cash in lieu of Equity Shares or they may choose not to participate and enjoy a resultant increase in their percentage shareholding, post the Buyback offer.

The Buyback is being undertaken for the following reasons:

  1. The Buyback will help the Company to return surplus cash to its shareholders holding Equity Shares broadly in proportion to their shareholding.
  2. The buyback will help the company to optimize its capital structure.
  3. The buyback consists of a reservation for the small shareholder. The company believes that this reservation for small shareholders would benefit many public shareholders who would be classified as "small shareholders".
  4. The buyback may help in improving financial ratios like earnings per share, return on capital employed, and return on equity, by reduction in the equity base, thereby leading to a long-term increase in shareholders' value.
  5. The Buyback gives an option to the shareholders holding Equity Shares of the Company, who can choose to participate and get cash in lieu of Equity Shares or they may choose not to participate and enjoy a resultant increase in their percentage shareholding, post the Buyback offer.

Buyback Timetable

Bajaj Consumer Care Buyback 2024 and Godawari Power and Ispat Buyback 2024 buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. Bajaj Consumer Care Buyback 2024 Buyback record date is Jul 02, 2024. Godawari Power and Ispat Buyback 2024 Buyback record date is Jun 28, 2024.

  Bajaj Consumer Care Limited Godawari Power & Ispat Limited
Record Date Jul 02, 2024 Jun 28, 2024
Offer Open Date
Offer Closure Date
Last date for receipt of tender forms
Finalisation of buyback
Last Date for settlment of bids
Last Date for extinguishment of shares

Financial Details and Other Relevent Information

Comparison of Bajaj Consumer Care Buyback 2024 and Godawari Power and Ispat Buyback 2024 financial data. The table below also includes a list of all relevant information like Stock Market Data, Compay Information, Lead Manager and Registrar.

  Bajaj Consumer Care Limited Godawari Power & Ispat Limited
Financial

Bajaj Consumer Care Limited Financial Information (Restated Standalone)

Bajaj Consumer Care Limited's revenue increased by 2.57% and profit after tax (PAT) rose by 13.55% between the financial year ending with March 31, 2024 and March 31, 2023.

Period Ended31 Mar 202431 Mar 2023
Assets1,009.59949.64
Revenue1,012.36987.02
Profit After Tax158.77139.82
Amount in ₹ Crore

Godawari Power & Ispat Limited Financial Information (Restated Consolidated)

Godawari Power & Ispat Limited's revenue increased by 7.89% and profit after tax (PAT) dropped by -45.93% between the financial year ending with March 31, 2023 and March 31, 2022.

Period Ended31 Mar 202331 Mar 202231 Mar 2021
Assets5,159.364,889.933,473.55
Revenue5,857.105,428.553,473.55
Profit After Tax793.361,467.31654.51
Amount in ₹ Crore
Stock price at BSE
Stock price at NSE

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