Bajaj Consumer Care Buyback vs KAMA Holdings Buyback

Comparision between Bajaj Consumer Care Buyback and KAMA Holdings Buyback.

Buyback Details

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

Bajaj Consumer Care Ltd

KAMA Holdings Limited

Logo

Type of Buyback

Open Market Through Stock Exchange

Tender Offer

Listing At

BSE, NSE

BSE

Face Value

₹1 per share

₹10 per share

Buyback Price

₹240 per share

₹14500 per share

Issue Size

34,500 shares

Issue Size (Amount)

₹80.89 Crores

₹50.03 Crores

Buyback Ratio

Category	Entitlement Ratio of Buyback	Shares Offered
Reserved Category for Small Shareholders	15 Equity Shares out of every 47 Fully paid-up Equity Shares held on the Record Date.	5,175.00
General Category for all other Eligible Shareholders	2 Equity Shares out of every 439 Fully paid-up Equity Shares held on the Record Date.	29,325.00

Registrar

Kfin Technologies Limited

Lead Managers

ICICI Securities Limited

SBI Capital Markets 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 proposed by the company for the following benefits:

The Buyback will improve financial ratios like earnings per share, return on capital employed, and return on equity, calculated based on financial statements, by a reduction in the equity base of the Company, thereby leading to a long-term increase in shareholders' value.
The Buyback will help in achieving an optimal capital structure.
The Buyback gives an option to the Eligible Shareholders to either (i) choose to participate and get cash instead of Equity Shares to be accepted under the Buyback or (ii) choose to not participate and enjoy a resultant increase in their percentage shareholding, post Buyback, without additional investment.

Buyback Timetable

Bajaj Consumer Care Buyback and KAMA Holdings 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 . KAMA Holdings Buyback Buyback record date is Dec 23, 2022.

	Bajaj Consumer Care Ltd	KAMA Holdings Limited
Record Date		Dec 23, 2022
Offer Open Date	Dec 19, 2022	Jan 31, 2023
Offer Closure Date	Apr 13, 2023	Feb 13, 2023
Last date for receipt of tender forms		Feb 13, 2023
Finalisation of buyback		Feb 21, 2023
Last Date for settlment of bids		Feb 22, 2023
Last Date for extinguishment of shares		Mar 01, 2023

Financial Details and Other Relevent Information

Comparison of Bajaj Consumer Care Buyback and KAMA Holdings 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

KAMA Holdings 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

KAMA Holdings Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax
31-Mar-21	13280.79	8499.91	1196.62
31-Mar-22	16210.53	12588.24	1888.86
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	13997.50	12085.25	13053.04
Oct-2022	13566.90	12353.05	12859.01
Sep-2022	14600.00	12250.05	13113.94

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

Compare with others

Bajaj Consumer Care Ltd	KAMA Holdings Limited
VLS Finance Buyback	Abirami Financial Services Buyback 2023
Welspun Enterprises Buyback	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
Freshtrop Fruits Buyback 2022	Bajaj Consumer Care Buyback
Cosmo First Buyback	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

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