Bajaj Auto Buyback 2022 Record Date, Price and Ratio Details – IPO Watch

The acquisition of Bajaj Auto 2022 was announced on June 27, 2022. The acquisition of Bajaj Auto the opening date is July 4 and will close on January 3, 2023. Acquisition of Bajaj Auto record date is not available as this is an open market buyout offer. The investor must purchase Bajaj Auto shares before the record date to be eligible for redemption.

Bajaj Auto Buyback of ₹2500 crore approved by the Board of Directors at the meeting took place on June 27, 2022. Bajaj Auto Buyback will be through the open market route through the mechanism of the exchange. The Company’s Board of Directors has approved the Company’s repurchase of its fully paid shares with a par value of ₹10 each at a price not exceeding ₹4,600 per share and for an aggregate amount not exceeding ₹2,500 crore from shareholders. Check out the details of Bajaj Auto Buyback 2022 below:

The Bajaj Group company, Bajaj Auto Limited, is a manufacturer of motorcycles, scooters and three-wheelers. They are India’s leading exporter of motorcycles. The company has launched brands like Boxer, Caliber, Pulsar and many more. They launched India’s first true cruiser bike, Kawasaki Bajaj Eliminator. They are also the largest manufacturer of three-wheelers in the world. Bajaj Auto is the first two and three wheeler company in the world to have reached a market capitalization of INR 1 trillion.

Bajaj Auto Buyback 2022 Dates and Times

Date of buyout meeting: June 27, 2022
Takeover announcement date: June 27, 2022
Redemption registration date: Open market
Redemption start date: July 4, 2022
Redemption closing date: January 3, 2023
Finalization of acceptance of redemption: [.]

Bajaj Auto Buyout 2022 Offer Details

Bajaj Self Redemption 54 34,782 capital shares at a price of ₹4600 per share. Takeover offers not to be exceeded ₹2500 crore the total size of the tender offer.

Bid amount: ₹2500 Crores
Number of shares: 54,34,782 Equity shares
Face value: ₹10 per share
Redemption price: ₹4600 per share
SEO: BSE and ESN
Type of redemption: Open market
Offer letter: Click here

Bajaj Auto Buyback 2022 Acceptance Rate

The investor is expected to buy around 43 shares at the current market price of ₹3855 (as of June 27, 2022). The calculation will be ₹2,00,000 / ₹4600 redemption price = 43 shares.

Acceptance rate Investment Redemption of shares 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 Costs TAP
2020 ₹31642 ₹24826 ₹5100
2021 ₹29018 ₹22819 ₹4555
2022 ₹34354 ₹27579 ₹5019

How to Participate in Bajaj Auto Buyback 2022

Investors are eligible for the buyback program who have Bajaj Auto shares in their Demat account as Open market. Eligible shareholders can participate in the Bajaj Auto Buyback 2022 program according to the opening form by selling their shares. Payment will be made in accordance with shares accepted by the company under Bajaj Auto’s buyback program.

Bajaj Auto Buyback 2022 Registrar

KFin Technologies Limited

Selenium Tower B, Plot n° 31-32,

Gachibowli, financial district,

Nanakramguda, Seri, Hyderabad 500032, Telangana

Tel: 040-67161500, 67162222, 33211000

Fax; 040-23420814, 23001153

Email: [email protected]

Website: http://www.kfintech.com

Bajaj Auto Buyback 2022 Leaders

  • 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 Bajaj auto redemption via Zerodha?

Log in to the console on the Zerodha website or in the app. Go to Portfolio and click on Corporate Actions. You will see the company name “Bajaj Auto”. Click Place Order. Enter your quantity and submit the Bajaj Auto redemption request form.

How to apply Bajaj Auto Redemption via Upstox?

Log into the Upstox app with your credentials. Select the Account section. You will see the company name “Bajaj Auto”. Click on Bajaj Auto Stock for redemption. Enter your quantity and submit the Bajaj Auto redemption request form.

How to apply Bajaj Auto Redemption via Paytm Money?

Log into the Paytm Money app with your credentials. Select Bajaj Auto. Enter your quantity and submit the Bajaj Auto redemption request form.

2022 Bajaj Auto Buyout FAQ

What is the registration date of Bajaj Auto Buyback 2022?

Bajaj Auto buyback 2022 record date is Open market.

What is the opening date of Bajaj Auto Buyback 2022?

Bajaj Auto buyback 2022 opening date is July 4, 2022.

What is the Bajaj Auto Buyback 2022 price?

The company set the price at ₹4600 per share.

How to Apply for Bajaj Auto Buyback 2022?

According to the registration date, you must have Bajaj Auto shares in your Demat account. You can participate in the redemption after having the stock in your account.

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Sallie R. Loera