Comparison between Avonmore Capital Buyback and Bajaj Auto Buyback.
Avonmore Capital Buyback is a Tender Offer buyback proposed to list at BSE, NSE while Bajaj Auto Buyback is a Open Market Through Stock Exchange proposed to list at BSE, NSE.
| Avonmore Capital & Management Services Ltd. | Bajaj Auto Ltd. | |||||||
|---|---|---|---|---|---|---|---|---|
| Logo |  |  | ||||||
| Type of Buyback | Tender Offer | Open Market Through Stock Exchange | ||||||
| Listing At | BSE, NSE | BSE, NSE | ||||||
| Face Value | ₹10 per share | ₹10 per share | ||||||
| Buyback Price | ₹95 per share | ₹4600 per share | ||||||
| Issue Size | 9,17,680 shares | |||||||
| Issue Size (Amount) | ₹8.72 Crores | ₹2,500.00 Crores | ||||||
| Buyback Ratio |
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| Registrar | Beetal Financial & Computer Services Pvt.Ltd. | Kfin Technologies Ltd. | ||||||
| Lead Managers | Corporate Capital Ventures Pvt.Ltd. | JM Financial Ltd. | ||||||
| Necessity of the buyback | The buyback is being undertaken for the following reasons: 1. The Buyback will help the company to distribute surplus cash to its shareholders holding Equity shares broadly to the proportion of their shareholding, thereby, enhancing the overall return to shareholders. 2. The Buyback would help in improving its return on equity, by reducing the equity base, thereby leading to a long term increase in shareholders' value. | The buyback is being undertaken for the following reasons:
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Avonmore Capital Buyback and Bajaj Auto Buyback buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. Avonmore Capital Buyback Buyback record date is Jun 15, 2022. Bajaj Auto Buyback Buyback record date is .
| Avonmore Capital & Management Services Ltd. | Bajaj Auto Ltd. | |
|---|---|---|
| Record Date | Jun 15, 2022 | |
| Offer Open Date | Jul 04, 2022 | Jul 04, 2022 |
| Offer Closure Date | Jul 15, 2022 | Oct 10, 2022 |
| Last date for receipt of tender forms | Jul 18, 2022 | |
| Finalisation of buyback | Jul 22, 2022 | |
| Last Date for settlment of bids | Jul 25, 2022 | |
| Last Date for extinguishment of shares | Aug 01, 2022 |
Comparison of Avonmore Capital Buyback and Bajaj Auto Buyback financial data. The table below also includes a list of all relevant information like Stock Market Data, Compay Information, Lead Manager and Registrar.
| Avonmore Capital & Management Services Ltd. | Bajaj Auto Ltd. | |||||||||||||||||||||||||||||||||||||||||
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| Stock price at BSE | Stock price at BSE (in preceding 3 months)
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| Stock price at NSE | Stock price at NSE (in preceding 3 months)
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