Bajaj Auto buyback 2022 was announced on June 27, 2022. The Bajaj Auto buyback open date is July 4 and will close on Jan 3, 2023. Bajaj Auto buyback record date is not available as it is an Open Market buyback offer. The investor should buy the Bajaj Auto shares before the record date to get eligibility for the buyback.
Bajaj Auto Buyback of ₹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 ₹10 each equity share at a price not exceeding ₹4,600 per Equity Share and for an aggregate amount not exceeding ₹2500 crores from the shareholders. Check out Bajaj Auto Buyback 2022 details below:
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 Dates & Time Table
| Buyback Meeting Date: | June 27, 2022 |
| Buyback Announcement Date: | June 27, 2022 |
| Buyback Record Date: | Open Market |
| Buyback Open Date: | July 4, 2022 |
| Buyback Close Date: | Jan 3, 2023 |
| 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 |
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 | ||
How to Participate in Bajaj Auto Buyback 2022
The investors are eligible for the buyback scheme who have Bajaj Auto shares in their Demat account as the Open Market. Eligible share holders 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
- JM Financial Consultants Private Limited
Bajaj Auto Company Address
Bajaj Auto Limited
Mumbai-Pune Road, Akurdi,
Mumbai – 411035, , Maharashtra
Tel: 022-27472851
Fax: 022-27407380
Email: [email protected]
Website: http://www.bajajauto.com
How to Apply the Bajaj Auto Buyback through Zerodha?
Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on Corporate Actions. You will see the Company Name “Bajaj Auto”. Click on Place Order. Enter your Quantity and submit Bajaj Auto Buyback Application Form.
How to Apply the Bajaj Auto Buyback through Upstox?
Log in to Upstox Application with your credentials. Select the Account Section. You will see the Company Name “Bajaj Auto”. Click on Bajaj Auto Stock for Buyback. Enter your Quantity and submit Bajaj Auto Buyback Application Form.
How to Apply the Bajaj Auto Buyback through Paytm Money?
Log in to Paytm Money Application with your credentials. Select the Bajaj Auto. Enter your Quantity and submit Bajaj Auto Buyback Application Form.
Bajaj Auto Buyback 2022 FAQs
When is Bajaj Auto Buyback 2022 Record Date?
When is Bajaj Auto Buyback 2022 Open Date?
What is Bajaj Auto Buyback 2022 Price?
How to apply for Bajaj Auto Buyback 2022?
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2 Responses
Importantly it’s a Open Market Buy-back…
Total Retail Share holding is around 1.7 Cr shares
Total Buy-back size is approximately 51 Lac shares (which is roughly 28-29% – that too only Retail share holders participate which is not a case)
Whether newly purchased share are also eligible to participate in buy back