Tender Offer | ₹50.03 Crores | Listed at BSE | Tue, Jan 31, 2023 - Mon, Feb 13, 2023
KAMA Holdings Ltd. Buyback is a tender offer for the repurchase of up to 0.00 crore equity shares at a buyback price of ₹14500 per share with a face value of ₹10 per share, aggregating to ₹50.03 crores.
The record date for determining eligible shareholders is Dec 23, 2022. Shareholders holding equity shares as on the record date are eligible to participate in the buyback.
The buyback opens on Jan 31, 2023 and closes on Feb 13, 2023, with the last date for receipt of tender forms being Feb 13, 2023.
The finalisation of buyback acceptance is expected on Feb 21, 2023, followed by settlement of bids on Feb 22, 2023.
SBI Capital Markets Ltd. is the Manager to the Buyback and Kfin Technologies Ltd. is the Registrar and SBICAP Securities Limited is the Registered Broker to the Buyback.
Investors are advised to refer to the KAMA Holdings Ltd. Letter of Offer for detailed information, including eligibility criteria, entitlement ratio, acceptance methodology, and tax implications.
Offer Opening Date
Tue, Jan 31, 2023
Offer Closing Date
Mon, Feb 13, 2023
Buyback Price
₹14500 per share
Record Date
December 23, 2022
| Category | Entitlement Ratio of Buyback | Shares Offered |
|---|---|---|
| Reserved Category for Small Shareholders | 15 Equity Shares out of every 47 Fully paid-up Equity Shares held on the Record Date. | 5,175.00 |
| General Category for all other Eligible Shareholders | 2 Equity Shares out of every 439 Fully paid-up Equity Shares held on the Record Date. | 29,325.00 |
| Period Ended | Total Assets | Total Revenue | Profit After Tax |
|---|---|---|---|
| 31-Mar-21 | 13280.79 | 8499.91 | 1196.62 |
| 31-Mar-22 | 16210.53 | 12588.24 | 1888.86 |
| Amount in ₹ Crore | |||
Kama Holdings has business interests in education, real estate and investment through three wholly owned subsidiaries:
1. Shri Educare Limited :(SEL) is an entity providing quality education, essentially by way of setting up schools (from nursery to class 12) and pre-schools, and undertaking education consultancy, in India and abroad.
2. KAMA Realty (Delhi) Limited : owns commercial properties in Gurgaon and Mumbai.
3. SRF Transnational Holdings Limited : is a registered NBFC engaged in the business of investment in securities of other companies.
| Month | High Price | Low Price | Average Price |
|---|---|---|---|
| Nov-2022 | 13,997.50 | 12,085.25 | 13,053.04 |
| Oct-2022 | 13,566.90 | 12,353.05 | 12,859.01 |
| Sep-2022 | 14,600.00 | 12,250.05 | 13,113.94 |
The Buyback is being proposed by the company for the following benefits:
KAMA Holdings Ltd.
Unit No. 236 & 237,
2nd Floor, DLF Galleria, Mayur Place,
Noida Link Road, Mayur Vihar Phase , Delhi- 110091
Delhi, New Delhi, 110091
Lead Manager(s)
Registered Broker
The KAMA Holdings Buyback opens on January 31, 2023, and closes on February 13, 2023.
Last date to be eligible to participate in buyback is December 21, 2022.
The KAMA Holdings Buyback is a Tender Offer.
KAMA Holdings Buyback Schedule
| Buyback Opening Date | January 31, 2023 |
| Buyback Closing Date | February 13, 2023 |
| Last Date for receipt of Tender Forms | February 13, 2023 |
| Finalisation of Buyback Acceptance | February 21, 2023 |
| Last Date for settlment of bids | February 22, 2023 |
| Last Date for Extinguishment of Shares | March 1, 2023 |
The KAMA Holdings Buyback is being offered at Rs ₹14500 per share.
| Category | Entitlement Ratio of Buyback | Shares Offered |
|---|---|---|
| Reserved Category for Small Shareholders | 15 Equity Shares out of every 47 Fully paid-up Equity Shares held on the Record Date. | 5,175.00 |
| General Category for all other Eligible Shareholders | 2 Equity Shares out of every 439 Fully paid-up Equity Shares held on the Record Date. | 29,325.00 |
The issue size of KAMA Holdings Buyback is 34,500 equity shares at ₹14500 per share aggregating up to ₹50.03 Crores.
The Buyback is being proposed by the company for the following benefits:
All the eligible Shareholders of the Company holding either Physical Shares or Demat Shares as on the Record Date can participate in the buyback offer through their Stock Broker.
The eligible shareholder holding the shares in Demat form needs to inform their broker the details of the Equity shares they wish to tender in the Buyback Offer. The shareholder needs to transfer the tendered shares to a Special account of the clearing corporation. The broker, in turn, would place an order on the stock exchange for the buyback.
The eligible shareholder holding the shares in physical form needs to approach their broker with original share certificates and supporting documents. Upon completion of document verification, the broker places an order on the stock exchange and submits the original share certificate and TRS to the registrar.
The tender form and TRS are optional in the case of Demat shares but mandatory in the case of physical shares.
The KAMA Holdings 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.
