Bajaj Auto Limited Buyback

Bajaj Auto Buyback 2024
Tender Offer

Check Allotment

₹10,000.00

Buyback price per share

Check Allotment

28 Feb, 2024

Last Date to buy shares

29 Feb, 2024

Record Date

06 Mar, 2024

Offer Opens

13 Mar, 2024

Offer Closes

13 Mar, 2024

Last Date for Tender Forms

19 Mar, 2024

Finalisation of Buyback Acceptance

20 Mar, 2024

Last Date for settlement of bids

26 Mar, 2024

Last Date for Extinguishment of Shares

About Bajaj Auto Limited Buyback Company

Incorporated in 1945, Bajaj Auto Limited is a multinational automotive manufacturing company based in Pune, India. The company is known for its scooters, motorcycles, and three-wheelers, offering a wide range of products such as the Pulsar series, Dominar, Avenger, and Platina. Bajaj Auto exports its two-wheelers to Africa, Latin America, the Middle East, and Southeast Asia. It has achieved a market capitalization of INR one trillion, making it the world's most valuable two and three-wheeler company. Bajaj Auto focuses on innovation and technological advancements, introducing features like DTS-i (Digital Twin Spark Ignition) technology in its motorcycles for better fuel efficiency and performance.

Security Name Bajaj Auto Limited
Buyback Price ₹10,000.00
Face Valuet ₹10.00
Listing at Group BSE, NSE
Lead Manager Jm Financial Limited
Issue Size 4,000,000 (1.41% of Total number of equity Shares)
Buyback Docs Letter Of Offer

Bajaj Auto Limited Buyback Ratio

Categoryy	Entitlement Ratio of Buyback	Shares Offered
Reserved Category for Small Shareholders	7/27	600000
General Category for all other Eligible Shareholders	1/82	3400000

Bajaj Auto Limited Buyback Company Financials

All values are in ₹ Cr.

	31-Mar-23	31-Mar-22	31-Mar-21
Total Borrowing	--	--	--
Reserves And Surplus	25,142.90	26,379.43	24,912.89
Total Revenue	37,642.90	34,428.85	29,017.54
Total Assets	35,136.45	35,111.21	33,601.71
Profit After Tax	6,060.21	6,165.87	4,857.02
Net Worth	--	--	--

How to Participate in Bajaj Auto Limited Buyback?

Hold shares on Record Date

Firstly, to be eligible for the buyback the investor should have shares of Bajaj Auto Limited Buyback in Demat or physical form as on the record date Feb 29, 2024.

Tender via Broker or Exchange

Once you have shares in Demat, you can participate in the buyback process which is opening from Mar 6, 2024 by tendering your shares through your broker on BSE, NSE.

Receive Payment & Reversal

Then on Mar 26, 2024, the payment will be given to you for accepted shares and unaccepted shares will be returned to your Demat account.

Calculation of Investment in Bajaj Auto Limited Buyback Buyback 2026

Maximum market value of a share holder as on record date

₹200,000.00

Buyback price per share

₹10,000.00

Maximum share for small shareholders (200000/ 10000)

20.00 share

Closing price of stock as of 2024-01-08

₹6,985.70

Maximum amount insted in buyback (₹6,985.70 x 20 shares)

₹139,714.00

* No. of shares stands to change according to the closing price on the record date

* For simplicity, we have considered the price on date Jan 8, 2024

Expected Profit from the Bajaj Auto Limited Buyback on the bases of acceptance Ratio:

Acceptance Ratio	Amount Invested in Buyback	No. of Shares Buyback	Buyback Profit	Profit%
33%	₹139,714.00	6	18085	12.94%
50%	₹139,714.00	10	30143	21.57%
75%	₹139,714.00	15	45214	32.36%
100%	₹139,714.00	20	60286	43.15%

Amount Invested in Buyback: ₹139,714.00

33% Acceptance Ratio

Shares Buyback: 6

Buyback Profit: 18085

Profit %: 12.94%

50% Acceptance Ratio

Shares Buyback: 10

Buyback Profit: 30143

Profit %: 21.57%

75% Acceptance Ratio

Shares Buyback: 15

Buyback Profit: 45214

Profit %: 32.36%

100% Acceptance Ratio

Shares Buyback: 20

Buyback Profit: 60286

Profit %: 43.15%

Bajaj Auto Limited Buyback - Necessity of the Objective

The financial strategy of the Company is aimed at driving the sustainable growth of its business and enhancing the returns for its Shareholders. The Buyback reinforces the Company's commitment to its shareholders by returning surplus cash to them in an effective and efficient manner, which in turn will improve its earnings per share and return on equity.

Contact Details

Bajaj Auto Limited Buyback

Pune Road, Akurdi, Pune 411035

+91 20 27472851

investors@bajajauto.co.in

https://www.bajajauto.com/

Registrar Contact Details

Kfin Technologies Limited

bajajauto.buyback@kfintech.com

04067162222, 04079611000

https://kosmic.kfintech.com/ipostatus/