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December 19, 2022 - April 13, 2023

Bajaj Consumer Care Ltd Buyback (Bajaj Consumer Care Buyback) Detail

Bajaj Consumer Care is one of the leading FMCG brands in India that brings high-quality hair care and skin care products to consumers across the world. The company's product portfolio includes Bajaj Almond Drops, Bajaj Coco Onion, Bajaj 100% coconut oil, Bajaj Brahmi Amla, and Bajaj nomarks ayurvedic among others.

The company market its personal care brands in more than 33 countries today and want to rapidly increase this reach through exports, to all 175 countries across the world, the primary focus in SAARC, Gulf & Middle East, ASEAN, and African regions and build a strong brand in North America UK, EU & establish the business in South America.

Bajaj Consumer Care Buyback Detail

Issue PeriodDecember 19, 2022 - April 13, 2023
Security NameBajaj Consumer Care Ltd
Issue TypeOpen Market Through Stock Exchange
Issue Size (Amount)₹80.89 Crores
Buyback Price₹240 per share
Face Value₹1 per share
Listing AtBSE, NSE

Company Financials

Bajaj Consumer Care Ltd Financial Information (Restated)
Period EndedTotal AssetsTotal RevenueProfit After Tax
31-Mar-21893.66956.36223.13
31-Mar-22931.45918.6169.64
Amount in ₹ Crore

Stock price at BSE (in preceding 3 months)

Month High Price Low Price Average Price
Nov-2022 167.55 151.70 158.52
Oct-2022 161.95 145.65 153.97
Sep-2022 170.45 152.25 160.81

Stock price at NSE (in preceding 3 months)

Month High Price Low Price Average Price
Nov-2022 168.20 151.85 158.60
Oct-2022 161.95 145.55 154.02
Sep-2022 170.55 153.10 160.82

Necessity of the Issue

The buyback is being undertaken for the following reason:

  • To return surplus cash to its shareholders.
  • Improve return on equity and thereby increase shareholder value.

Bajaj Consumer Care Buyback Documents

Bajaj Consumer Care Buyback Rating

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Company Contact Information

Bajaj Consumer Care Ltd
1231, Solitaire Corporate Park,
151 M. Vasanji Road, Chakala, Andheri East,
Mumbai 400093 Maharashtra, India

Phone: +91 22 66919477/78
Email: complianceofficer@bajajconsumer.com
Website: https://www.bajajconsumercare.com/index.php

Bajaj Consumer Care Buyback Registrar

  1. Kfin Technologies Limited
       KFintech, Tower-B, Plot No 31 & 32,
       Financial District, Nanakramguda, Gachibowli,
       Hyderabad, Telangana India - 500 032.

    Phone: 04067162222, 04079611000
    Email: murthy.psrch@kfintech.com
    Website: https://kosmic.kfintech.com/ipostatus/

Bajaj Consumer Care Buyback Manager

Lead Manager(s)

  1. ICICI Securities Limited

Registered Broker

  1. ICICI Securities Limited
    Email:

Find Bajaj Consumer Care Buyback Latest Update

Bajaj Consumer Care Buyback FAQs

The Bajaj Consumer Care Buyback opens on December 19, 2022, and closes on April 13, 2023.

The Bajaj Consumer Care Buyback is a Open Market Through Stock Exchange.

Bajaj Consumer Care Buyback Schedule

Buyback Opening DateDecember 19, 2022
Buyback Closing DateApril 13, 2023
Last date for acceptance of sharesUpon relevant pay-out by the Stock exchange

The Bajaj Consumer Care Buyback is being offered at Rs ₹240 per share per equity share.

There is no ratio applicable in case of open market offer through stock exchange mechanism.

There is no concept of record date in case of open market through stock exchange mechanism.

The Bajaj Consumer Care Buyback has announced a buyback for an aggregate amount of not more than Rs. ₹80.89 Crores with pricing of Rs.₹240 per share.

The buyback is being undertaken for the following reason:

  • To return surplus cash to its shareholders.
  • Improve return on equity and thereby increase shareholder value.

Any equity shareholder holding the shares in Demat form can participate in the buyback offer through their stockbroker. The physical shareholder can participate only once the shares get converted into a Dematerialized form.

The shareholder needs to inform their broker on the details of the Equity shares they wish to sell. The broker will place a sell order whenever the company places a buy order for the buyback. The trade would get executed at the offer price or lesser only when the price offered by the shareholder matches with the buy order placed by the company.

The Bajaj Consumer Care Buyback offers an opportunity for the shareholders to exit their positions at a premium price. In case you stay invested you would have an increased percentage of shareholding in the company and improved earnings per share. Thus, one should understand the company fundamentals along with one's need, goals, and risk appetite to decide if one wants to stay invested or participate in the buyback offer.


2 Comments

2. Investoralpha     Link|April 13, 2023 11:14:10 PM
Yes. You are right
1. kaushal     Link|December 14, 2022 8:12:27 AM
I am new pls suggest.
current price approx. 173/- and buy back price 240/-

it's menus price will increase in short time because of this buy back news.
It's good change to invest current and earn gain in short time.

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