Bajaj Consumer Care Buyback vs Cosmo First Buyback

Comparision between Bajaj Consumer Care Buyback and Cosmo First Buyback.

Buyback Details

Bajaj Consumer Care Buyback is a Open Market Through Stock Exchange buyback proposed to list at BSE, NSE while Cosmo First Buyback is a Tender Offer proposed to list at BSE, NSE.

Bajaj Consumer Care Ltd

Cosmo First Limited

Logo

Type of Buyback

Open Market Through Stock Exchange

Tender Offer

Listing At

BSE, NSE

Face Value

₹1 per share

₹10 per share

Buyback Price

₹240 per share

₹1070 per share

Issue Size

10,09,345 shares

Issue Size (Amount)

₹80.89 Crores

₹108.00 Crores

Buyback Ratio

Category	Entitlement Ratio of Buyback	Shares Offered
Reserved Category for Small Shareholders	8 Equity Shares out of every 121 Fully paid-up Equity Shares held on the Record Date.	151,402.00
General Category for all other Eligible Shareholders	29 Equity Shares out of every 844 Fully paid-up Equity Shares held on the Record Date.	857,943.00

Registrar

Kfin Technologies Limited

Link Intime India Private Ltd

Lead Managers

ICICI Securities Limited

Anand Rathi Securities Limited

Necessity of the buyback

The buyback is being undertaken for the following reason:

To return surplus cash to its shareholders.

Improve return on equity and thereby increase shareholder value.

The buyback is being undertaken for the following reason:

The Buyback will improve financial ratios like earnings per share, return on capital employed and return on equity, calculated on the basis of financial statements, by reduction in the equity basis of the Company, thereby leading to long term increase in shareholders' value.

The Buyback will help in achieving an optimal capital structure.

The Buyback will help the Company to distribute surplus cash to the Eligible Shareholders broadly in proportion to their shareholding, thereby, enhancing their overall return.

Buyback Timetable

Bajaj Consumer Care Buyback and Cosmo First Buyback buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. Bajaj Consumer Care Buyback Buyback record date is . Cosmo First Buyback Buyback record date is Dec 14, 2022.

	Bajaj Consumer Care Ltd	Cosmo First Limited
Record Date		Dec 14, 2022
Offer Open Date	Dec 19, 2022	Jan 27, 2023
Offer Closure Date	Apr 13, 2023	Feb 09, 2023
Last date for receipt of tender forms		Feb 09, 2023
Finalisation of buyback		Feb 17, 2023
Last Date for settlment of bids		Feb 20, 2023
Last Date for extinguishment of shares		Feb 27, 2023

Financial Details and Other Relevent Information

Comparison of Bajaj Consumer Care Buyback and Cosmo First Buyback 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 Ltd

Cosmo First Limited

Financial

Bajaj Consumer Care Ltd Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax
31-Mar-21	893.66	956.36	223.13
31-Mar-22	931.45	918.6	169.64
Amount in ₹ Crore

Cosmo First Limited Financial Information (Consolidated)
Period Ended	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus	Total Borrowing
31-Mar-20	2222.99	113.44	726.63	707.19	789.45
31-Mar-21	2322.92	136	841.19	823.02	760.29
31-Mar-22	3086.71	396.61	1175.43	1157.26	810.05
30-Sep-22	1638.91	166.53	1332.6	1305.34	839.16
Amount in ₹ Crore

Stock price at BSE

Stock price at BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Nov-2022	167.55	151.70	158.52
Oct-2022	161.95	145.65	153.97
Sep-2022	170.45	152.25	160.81

Stock price at BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Nov-2022	814.20	657.95	738.71
Oct-2022	899.30	728.05	812.91
Sep-2022	929.90	837.05	880.26

Stock price at NSE

Stock price at NSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Nov-2022	168.20	151.85	158.60
Oct-2022	161.95	145.55	154.02
Sep-2022	170.55	153.10	160.82

Stock price at NSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Nov-2022	815.00	658.10	738.94
Oct-2022	895.55	728.80	812.42
Sep-2022	925.00	837.00	880.57

Compare with others

Bajaj Consumer Care Ltd	Cosmo First Limited
VLS Finance Buyback	Hinduja Global Solutions Buyback
Welspun Enterprises Buyback	One 97 Communications Buyback
Hinduja Global Solutions Buyback	KAMA Holdings Buyback
One 97 Communications Buyback	Bajaj Consumer Care Buyback
KAMA Holdings Buyback	Freshtrop Fruits Buyback 2022
Freshtrop Fruits Buyback 2022	Jenburkt Pharmaceuticals Buyback
Cosmo First Buyback	Indian Energy Exchange Buyback
Jenburkt Pharmaceuticals Buyback	Softsol India Buyback 2022
Indian Energy Exchange Buyback	Tips Industries Buyback 2022
Softsol India Buyback 2022	eClerx Services Buyback 2022

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