Bajaj Auto buyback 2022 is to open on [.]. Bajaj Auto buyback record date is Open Market. The investor should buy the Bajaj Auto shares before the record date to get eligibility for the buyback.
Bajaj Auto Buyback of Rs 2500 crore approved by the board of directors at the meeting was held on June 27, 2022. Bajaj Auto Buyback will be done via the Open Market route through the stock exchange mechanism. The board of directors of the company approved the buyback by the Company of its fully paid-up equity shares having a face value of Rs 10 each equity share at a price not exceeding Rs 4,600 per Equity Share and for an aggregate amount not exceeding Rs 2500 crores from the shareholders. Check out Bajaj Auto Buyback 2022 details below:
Bajaj Auto Buyback 2022 Dates
| Buyback Meeting Date: | June 27, 2022 |
| Buyback Announcement Date: | June 27, 2022 |
| Buyback Record Date: | Open Market |
| Buyback Open Date: | [.] |
| Buyback Close Date: | [.] |
| Finalization of Buyback Acceptance: | [.] |
Bajaj Auto Buyback 2022 Offer Details
Bajaj Auto buyback of 54,34,782 equity shares at a price of ₹4600 per equity share. The buyback offers not to exceed ₹2500 crores of the total buyback offer size.
| Offer Amount: | ₹2500 Crores |
| Number of Shares: | 54,34,782 Equity Shares |
| Face Value: | ₹10 per equity share |
| Buyback Price: | ₹4600 per equity share |
| Listing: | BSE & NSE |
| Buyback Type: | Open Market |
| Letter of Offer: | Click Here |
About Company - Bajaj Auto
Bajaj Group company Bajaj Auto Limited is a manufacturer of motorcycles, scooters, and three-wheelers. They are India's No.1 motorcycle exporter. The company launched brands like Boxer, Caliber, Pulsar, and many more. They launched India's first real cruiser bike, Kawasaki Bajaj Eliminator. They are the world's largest three-wheelers manufacturer as well. Bajaj Auto is the first two-wheeler and three-wheeler company in the world that reached a market capitalization of INR 1 trillion.
Bajaj Auto Buyback 2022 Acceptance Ratio
The investor should buy around 43 shares at a current market price of ₹3855 (as of June 27, 2022). The calculation will be ₹2,00,000 / ₹4600 buyback price = 43 shares.
| Acceptance Ratio | Investment | Shares Buyback | Profit |
| 33% | ₹167,608 | 14 | ₹10,430 |
| 50% | ₹167,608 | 21 | ₹15,645 |
| 75% | ₹167,608 | 32 | ₹23,840 |
| 100% | ₹167,608 | 43 | ₹32,035 |
Bajaj Auto Financial Report
| ₹ in Crores | |||||
| Year |
Revenue | Expense | PAT |
||
| 2020 | ₹31642 | ₹24826 | ₹5100 | ||
| 2021 | ₹29018 | ₹22819 | ₹4555 | ||
| 2022 | ₹34354 | ₹27579 | ₹5019 | ||
Bajaj Auto Buyback 2022 Eligible Share Holders
The investors are eligible for the buyback scheme who have Bajaj Auto shares in their Demat account as the Open Market. Investors can participate in the Bajaj Auto Buyback 2022 scheme as per the opening form by selling their shares. The payment will be given as per the accepted shares by the company under the Bajaj Auto buyback scheme.
Bajaj Auto Buyback 2022 Registrar
Bajaj Auto Buyback 2022 Lead Managers
- To be updated soon
