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Bajaj Consumer Care Buyback vs Softsol India Buyback 2022

Comparision between Bajaj Consumer Care Buyback and Softsol India Buyback 2022.

Buyback Details

Bajaj Consumer Care Buyback is a Open Market Through Stock Exchange buyback proposed to list at BSE, NSE while Softsol India Buyback 2022 is a Tender Offer proposed to list at BSE.

  Bajaj Consumer Care Ltd Softsol India Limited
Logo Bajaj Consumer Care Buyback Logo Softsol India Buyback 2022 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 ₹170 per share
Issue Size 20,58,824 shares
Issue Size (Amount) ₹80.89 Crores ₹35.00 Crores
Buyback Ratio
CategoryEntitlement Ratio of BuybackShares Offered
Reserved Category for Small Shareholders9 Equity Shares out of every 11 Fully paid-up Equity Shares held on the Record Date.308,824.00
General Category for all other Eligible Shareholders5 Equity Shares out of every 47 Fully paid-up Equity Shares held on the Record Date.1,750,000.00
Registrar Kfin Technologies Limited Kfin Technologies Limited
Lead Managers ICICI Securities Limited Akasam Consulting Private 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 reasons:

  1. The Buyback will help the Company to return surplus cash to its shareholders holding Equity Shares broadly in proportion to their shareholding, thereby, enhancing the overall return to shareholders.
  2. The Buyback may help improve return on equity by reducing the equity base, thereby leading to a long-term increase in shareholders' value.

Buyback Timetable

Bajaj Consumer Care Buyback and Softsol India Buyback 2022 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 . Softsol India Buyback 2022 Buyback record date is Jan 13, 2023.

  Bajaj Consumer Care Ltd Softsol India Limited
Record Date Jan 13, 2023
Offer Open Date Dec 19, 2022 Mar 03, 2023
Offer Closure Date Apr 13, 2023 Mar 17, 2023
Last date for receipt of tender forms Mar 17, 2023
Finalisation of buyback Mar 21, 2023
Last Date for settlment of bids Mar 23, 2023
Last Date for extinguishment of shares Mar 30, 2023

Financial Details and Other Relevent Information

Comparison of Bajaj Consumer Care Buyback and Softsol India Buyback 2022 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 Softsol India Limited
Financial
Bajaj Consumer Care Ltd Financial Information (Restated)
Period EndedTotal AssetsTotal RevenueProfit After Tax
31-Mar-21893.66956.36223.13
31-Mar-22931.45918.6169.64
Amount in ₹ Crore
Softsol India Limited Financial Information (Restated)
Period EndedTotal RevenueProfit After TaxNet WorthReserves and Surplus
31-Mar-2027.737.72140.35123.11
31-Mar-2126.7910.85151.36134.12
31-Mar-2226.764.33162.17144.93
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 399.00 349.95 371.61
Oct-2022 389.60 366.45 378.66
Sep-2022 381.30 341.00 364.85
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 398.70 346.00 371.75
Oct-2022 388.00 367.95 379.02
Sep-2022 382.00 350.80 365.25

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