KAMA Holdings Buyback vs One 97 Communications Buyback

Comparision between KAMA Holdings Buyback and One 97 Communications Buyback.

Buyback Details

KAMA Holdings Buyback is a Tender Offer buyback proposed to list at BSE while One 97 Communications Buyback is a Open Market Through Stock Exchange proposed to list at BSE, NSE.

KAMA Holdings Limited

One 97 Communications Limited

Logo

Type of Buyback

Tender Offer

Open Market Through Stock Exchange

Listing At

BSE

BSE, NSE

Face Value

₹10 per share

₹1 per share

Buyback Price

₹14500 per share

₹810 per share

Issue Size

34,500 shares

Issue Size (Amount)

₹50.03 Crores

₹850.00 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

Link Intime India Private Ltd

Lead Managers

SBI Capital Markets Limited

Axis Capital Limited

Necessity of the buyback

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.

The Buyback is being undertaken for the following reasons:

The Board believes that this buyback is a sign of confidence thai the Company is on a clear path to deliver cash flow profitability, and this buy-back will not have any impact on growth plans in the near future or on its profitability plans.

Buyback Timetable

KAMA Holdings Buyback and One 97 Communications Buyback buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. KAMA Holdings Buyback Buyback record date is Dec 23, 2022. One 97 Communications Buyback Buyback record date is .

	KAMA Holdings Limited	One 97 Communications Limited
Record Date	Dec 23, 2022
Offer Open Date	Jan 31, 2023	Dec 21, 2022
Offer Closure Date	Feb 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 KAMA Holdings Buyback and One 97 Communications Buyback financial data. The table below also includes a list of all relevant information like Stock Market Data, Compay Information, Lead Manager and Registrar.

KAMA Holdings Limited

One 97 Communications Limited

Financial

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

One 97 Communications Limited Financial Information (Consolidated)
Period Ended	Total Revenue	Profit After Tax	Net Worth	Total Borrowing
07-Apr-20	3540.7	-2842.4	8105.2	208.7
31-Mar-21	3186.8	-1701	6534.8	544.9
31-Mar-22	5264.3	-2396.4	14151.6	0.1
Amount in ₹ Crore

Stock price at BSE

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 BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Nov-2022	668.45	439.60	565.94
Oct-2022	745.00	624.65	668.99
Sep-2022	747.75	627.60	698.33

Stock price at NSE

Stock price at NSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Nov-2022	668.40	438.35	565.98
Oct-2022	745.45	625.00	668.92
Sep-2022	748.00	629.55	698.32

Compare with others

KAMA Holdings Limited	One 97 Communications Limited
Abirami Financial Services Buyback 2023	KDDL Buyback 2023
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
Bajaj Consumer Care Buyback	KAMA Holdings 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

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