Bajaj Consumer Care Buyback vs Softsol India Buyback 2022

Comparision between Bajaj Consumer Care Buyback and Softsol India Buyback 2022.

Buyback Details

Bajaj Consumer Care Buyback is a Open Market Through Stock Exchange buyback proposed to list at BSE, NSE while Softsol India Buyback 2022 is a Tender Offer proposed to list at BSE.

Bajaj Consumer Care Ltd

Softsol India Limited

Logo

Type of Buyback

Open Market Through Stock Exchange

Tender Offer

Listing At

BSE, NSE

BSE

Face Value

₹1 per share

₹10 per share

Buyback Price

₹240 per share

₹170 per share

Issue Size

20,58,824 shares

Issue Size (Amount)

₹80.89 Crores

₹35.00 Crores

Buyback Ratio

Category	Entitlement Ratio of Buyback	Shares Offered
Reserved Category for Small Shareholders	9 Equity Shares out of every 11 Fully paid-up Equity Shares held on the Record Date.	308,824.00
General Category for all other Eligible Shareholders	5 Equity Shares out of every 47 Fully paid-up Equity Shares held on the Record Date.	1,750,000.00

Registrar

Kfin Technologies Limited

Lead Managers

ICICI Securities Limited

Akasam Consulting Private Limited

Necessity of the buyback

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.

The Buyback is being undertaken for the following reasons:

The Buyback will help the Company to return surplus cash to its shareholders holding Equity Shares broadly in proportion to their shareholding, thereby, enhancing the overall return to shareholders.
The Buyback may help improve return on equity by reducing the equity base, thereby leading to a long-term increase in shareholders' value.

Buyback Timetable

Bajaj Consumer Care Buyback and Softsol India Buyback 2022 buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. Bajaj Consumer Care Buyback Buyback record date is . Softsol India Buyback 2022 Buyback record date is Jan 13, 2023.

	Bajaj Consumer Care Ltd	Softsol India Limited
Record Date		Jan 13, 2023
Offer Open Date	Dec 19, 2022	Mar 03, 2023
Offer Closure Date	Apr 13, 2023	Mar 17, 2023
Last date for receipt of tender forms		Mar 17, 2023
Finalisation of buyback		Mar 21, 2023
Last Date for settlment of bids		Mar 23, 2023
Last Date for extinguishment of shares		Mar 30, 2023

Financial Details and Other Relevent Information

Comparison of Bajaj Consumer Care Buyback and Softsol India Buyback 2022 financial data. The table below also includes a list of all relevant information like Stock Market Data, Compay Information, Lead Manager and Registrar.

Bajaj Consumer Care Ltd

Softsol India Limited

Financial

Bajaj Consumer Care Ltd Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax
31-Mar-21	893.66	956.36	223.13
31-Mar-22	931.45	918.6	169.64
Amount in ₹ Crore

Softsol India Limited Financial Information (Restated)
Period Ended	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus
31-Mar-20	27.73	7.72	140.35	123.11
31-Mar-21	26.79	10.85	151.36	134.12
31-Mar-22	26.76	4.33	162.17	144.93
Amount in ₹ Crore

Stock price at BSE

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 BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Nov-2022	399.00	349.95	371.61
Oct-2022	389.60	366.45	378.66
Sep-2022	381.30	341.00	364.85

Stock price at NSE

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

Stock price at NSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Nov-2022	398.70	346.00	371.75
Oct-2022	388.00	367.95	379.02
Sep-2022	382.00	350.80	365.25

Compare with others

Bajaj Consumer Care Ltd	Softsol India Limited
VLS Finance Buyback	Bajaj Consumer Care Buyback
Welspun Enterprises Buyback	Freshtrop Fruits Buyback 2022
Hinduja Global Solutions Buyback	Cosmo First Buyback
One 97 Communications Buyback	Jenburkt Pharmaceuticals Buyback
KAMA Holdings Buyback	Indian Energy Exchange Buyback
Freshtrop Fruits Buyback 2022	Tips Industries Buyback 2022
Cosmo First Buyback	eClerx Services Buyback 2022
Jenburkt Pharmaceuticals Buyback	Technocraft Industries Buyback 2022
Indian Energy Exchange Buyback	Triveni Engineering Buyback 2022
Softsol India Buyback 2022	Balrampur Chini Buyback 2022

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