Bajaj Auto Buyback vs Birlasoft Limited Buyback

Comparision between Bajaj Auto Buyback and Birlasoft Limited Buyback.

Buyback Details

Bajaj Auto Buyback is a Open Market Through Stock Exchange buyback proposed to list at BSE, NSE while Birlasoft Limited Buyback is a Tender Offer proposed to list at BSE, NSE.

Bajaj Auto Limited

Birlasoft Limited

Logo

Type of Buyback

Open Market Through Stock Exchange

Tender Offer

Listing At

BSE, NSE

Face Value

₹10 per share

₹2 per share

Buyback Price

₹4600 per share

₹500 per share

Issue Size

78,00,000 shares

Issue Size (Amount)

₹2,500.00 Crores

₹390.00 Crores

Buyback Ratio

Category	Entitlement Ratio of Buyback
Reserved Category for Small Shareholders	26 Equity Share out of every 557 Fully paid-up Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders	26 Equity Shares out of every 557 Fully paid-up Equity Shares held on the Record Date.

Registrar

Kfin Technologies Limited

Link Intime India Private Ltd

Lead Managers

Jm Financial Limited

Kotak Mahindra Capital Company Limited

Necessity of the buyback

The buyback is being undertaken for the following reasons:

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.

The buyback is being undertaken for the following reasons:

1. The Buyback will help the Company to distribute surplus cash to its members holding Equity Shares thereby enhancing the overall return for them.

2. The Buyback is generally expected to improve return on equity through the distribution of cash and improve earnings per share by the reduction in the equity base of the Company, thereby leading to a long-term increase in shareholders' value.

Buyback Timetable

Bajaj Auto Buyback and Birlasoft Limited Buyback buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. Bajaj Auto Buyback Buyback record date is . Birlasoft Limited Buyback Buyback record date is Jul 15, 2022.

	Bajaj Auto Limited	Birlasoft Limited
Record Date		Jul 15, 2022
Offer Open Date	Jul 04, 2022	Aug 11, 2022
Offer Closure Date	Oct 10, 2022	Aug 26, 2022
Last date for receipt of tender forms		Aug 26, 2022
Finalisation of buyback		Sep 06, 2022
Last Date for settlment of bids		Sep 07, 2022
Last Date for extinguishment of shares		Sep 14, 2022

Financial Details and Other Relevent Information

Comparison of Bajaj Auto Buyback and Birlasoft Limited Buyback financial data. The table below also includes a list of all relevant information like Stock Market Data, Compay Information, Lead Manager and Registrar.

Bajaj Auto Limited

Birlasoft Limited

Financial

Summary of financial Information (Consolidated)
Particulars	For the year/period ended (Rs. in Crore)
	31-Mar-22	31-Mar-21	31-Mar-20
Total Income	34,428.85	29,017.54	31,443.22
Profit After Tax	6,165.87	4,857.02	5,211.91

Summary of financial Information (Consolidated)
Particulars	For the year/period ended (Rs. in Million)
	31-Mar-22	31-Mar-21	31-Mar-20
Total Income	41,965.5	35,747	33,339.6
Profit After Tax	4,636.4	3,208.3	2,243.5
Net Worth	25,830.5	21,799.3	18,924.2

Stock price at BSE

Stock price at BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Dec-2021	3341.50	3100.10	3238.03
Jan-2022	3554.75	3275.90	3419.50
Feb-2022	3635.10	3454.60	3552.12

Stock price at BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Jun-2022	390.30	316.35	356.09
May-2022	418.85	336.55	377.49
Apr-2022	501.65	405.20	447.59

Stock price at NSE

Stock price at NSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Dec-2021	3344.75	3105.20	3238.45
Jan-2022	3564.65	3277.10	3420.08
Feb-2022	3632.15	3458.65	3553.09

Stock price at NSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Jun-2022	390.50	316.45	356.16
May-2022	419.10	338.25	377.50
Apr-2022	501.60	405.10	447.64

Compare with others

Bajaj Auto Limited	Birlasoft Limited
Suraj Limited Buyback	Techno Electric Buyback
Quick Heal Technologies Buyback 2022	Marksans Pharma Buyback
CARE Ratings Buyback	Bajaj Auto Buyback
Techno Electric Buyback	Route Mobile Buyback
Marksans Pharma Buyback	Avonmore Capital Buyback
Route Mobile Buyback	CL Educate Buyback
Avonmore Capital Buyback	Cigniti Technologies Buyback
Birlasoft Limited Buyback	Zydus Lifesciences Buyback
CL Educate Buyback	Asahi Songwon Colors Buyback
Cigniti Technologies Buyback	Motilal Oswal Financial Services Buyback

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