BSE Limited Buyback of ₹374.80 crores approved by the board of directors at the meeting was held on July 6, 2023. BSE Limited Buyback will be done via the Tender Offer 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 ₹2 each equity share at a price of ₹816 per Equity Share and for an aggregate amount not exceeding ₹374.80 crores from the shareholders. Check out BSE Limited Buyback 2023 details below:
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Established in 1875, BSE (formerly known as Bombay Stock Exchange), is Asia’s first & the Fastest Stock Exchange in the world with a speed of 6 microseconds and one of India’s leading exchange groups. Over the past 143 years, BSE has facilitated the growth of the Indian corporate sector by providing it with an efficient capital-raising platform. Popularly known as BSE, the bourse was established as ‘The Native Share & Stock Brokers’ Association’ in 1875. In 2017 BSE become the 1st listed stock exchange of India.
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BSE Limited Buyback History
- This is the first BSE Limited buyback so there is no historical data.
BSE Limited Buyback 2023 Dates
Buyback Meeting Date: | July 6, 2023 |
Buyback Announcement Date: | July 6, 2023 |
Buyback Record Date: | September 14, 2023 |
Last Date to Buy Shares: | September 13, 2023 |
Buyback Open Date: | September 21, 2023 |
Buyback Close Date: | September 27, 2023 |
Finalization of Buyback Acceptance: | October 4, 2023 |
BSE Limited Buyback 2023 Offer Details
BSE Limited buyback of 45,93,137 equity shares at a price of ₹1080 per equity share. The buyback offers not to exceed ₹374.80 crores of the total buyback offer size.
Offer Amount: | ₹374.80 Crores |
Number of Shares: | 45,93,137 Equity Shares |
Face Value: | ₹2 per equity share |
Buyback Price: | ₹1080 per equity share |
Listing: | NSE |
Buyback Type: | Tender Offer |
Letter of Offer: | Click Here |
BSE Limited Buyback 2023 Acceptance Ratio
The investor should buy around [.] shares at a current market price of ₹[.] (as of date). The calculation will be ₹2,00,000 / ₹[.] buyback price = [.] shares.
Acceptance Ratio | Investment | Shares Buyback | Profit |
33% | ₹[.] | [.] | ₹[.] |
50% | ₹[.] | [.] | ₹[.] |
75% | ₹[.] | [.] | ₹[.] |
100% | ₹[.] | [.] | ₹[.] |
BSE Limited Financial Report
₹ in Crores | |||
Year | Revenue | Expense | PAT |
2021 | ₹630 | ₹429 | ₹142 |
2022 | ₹841 | ₹495 | ₹245 |
2023 | ₹925 | ₹618 | ₹206 |
How to Participate in BSE Limited Buyback 2023
The investors are eligible for the buyback scheme who have BSE Limited shares in their Demat Account as the record date. Eligible Share Holders can participate in the BSE Limited Buyback 2023 scheme as per the opening form by selling their shares. The payment will be given as per the BSE Limitedepted shares by the company under the BSE Limited buyback scheme.
BSE Limited Buyback 2023 Registrar
Kfin Technologies Limited
KFintech, Tower-B, Plot No 31 & 32,
Financial District, Nanakramguda, Gachibowli,
Hyderabad, Telangana India – 500 032.
Phone: 04067162222, 04079611000
Email: [email protected]
Website: https://kosmic.kfintech.com/ipostatus/
BSE Limited Buyback 2023 Lead Managers
- Nuvama Wealth Management Limited
BSE Limited Company Address
BSE Limited
26th floor, Phiroze Jeejeebhoy Towers,
Dalal Street, Mumbai – 400001
Phone: 91-22-22721233/4
Email: [email protected]
Website: https://www.bseindia.com/index.html
How to Apply the BSE Limited 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 “BSE Limited”. Click on Place Order. Enter your Quantity and submit BSE Limited Buyback Application Form.
How to Apply the BSE Limited Buyback through Upstox?
Log in to Upstox Application with your credentials. Select the BSE Limitedount Section. You will see the Company Name “BSE Limited”. Click on BSE Limited Stock for Buyback. Enter your Quantity and submit BSE Limited Buyback Application Form.
How to Apply the BSE Limited Buyback through BSE Limited Money?
Log in to BSE Limited Money Application with your credentials. Select the BSE Limited. Enter your Quantity and submit BSE Limited Buyback Application Form.
BSE Limited Buyback 2023 FAQs
When is BSE Limited Buyback 2023 Record Date?
When is BSE Limited Buyback 2023 Open Date?
What is BSE Limited Buyback 2023 Price?
How to apply for BSE Limited Buyback 2023?
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One Response
BSE SHARE IN OPEN MARKET RS 1000 AND BUYBACK AT RS 816?