Hinduja Global Solutions Buyback vs KAMA Holdings Buyback

Comparision between Hinduja Global Solutions Buyback and KAMA Holdings Buyback.

Buyback Details

Hinduja Global Solutions Buyback is a Tender Offer buyback proposed to list at BSE, NSE while KAMA Holdings Buyback is a Tender Offer proposed to list at BSE.

Hinduja Global Solutions Limited

KAMA Holdings Limited

Logo

Type of Buyback

Tender Offer

Listing At

BSE, NSE

BSE

Face Value

₹10 per share

Buyback Price

₹1700 per share

₹14500 per share

Issue Size

60,00,000 shares

34,500 shares

Issue Size (Amount)

₹1,020.00 Crores

₹50.03 Crores

Buyback Ratio

Category	Entitlement Ratio of Buyback	Shares Offered
Reserved Category for Small Shareholders	1 Equity Shares out of every 3 Fully paid-up Equity Shares held on the Record Date.	900,000.00
General Category for all other Eligible Shareholders	1 Equity Shares out of every 9 Fully paid-up Equity Shares held on the Record Date.	5,100,000.00

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

Registrar

Kfin Technologies Limited

Lead Managers

Motilal Oswal Investment Advisors Limited

SBI Capital Markets Limited

Necessity of the buyback

The Buyback is being undertaken with following objectives:

1. The Buyback will help the Company to distribute surplus cash to its shareholders holding Equity Shares broadly in proportion to their shareholding, thereby, enhancing the overall return to the shareholders.

2. The Buyback will help in improving financial ratios like earnings per share, return on capital employed and return on equity, by reducing the equity base of the Company

The Buyback is being proposed by the company for the following benefits:

The Buyback will improve financial ratios like earnings per share, return on capital employed, and return on equity, calculated based on financial statements, by a reduction in the equity base of the Company, thereby leading to a long-term increase in shareholders' value.
The Buyback will help in achieving an optimal capital structure.
The Buyback gives an option to the Eligible Shareholders to either (i) choose to participate and get cash instead of Equity Shares to be accepted under the Buyback or (ii) choose to not participate and enjoy a resultant increase in their percentage shareholding, post Buyback, without additional investment.

Buyback Timetable

Hinduja Global Solutions Buyback and KAMA Holdings Buyback buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. Hinduja Global Solutions Buyback Buyback record date is Mar 06, 2023. KAMA Holdings Buyback Buyback record date is Dec 23, 2022.

	Hinduja Global Solutions Limited	KAMA Holdings Limited
Record Date	Mar 06, 2023	Dec 23, 2022
Offer Open Date	May 22, 2023	Jan 31, 2023
Offer Closure Date	Jun 02, 2023	Feb 13, 2023
Last date for receipt of tender forms	Jun 02, 2023	Feb 13, 2023
Finalisation of buyback	Jun 12, 2023	Feb 21, 2023
Last Date for settlment of bids	Jun 13, 2023	Feb 22, 2023
Last Date for extinguishment of shares	Jun 20, 2023	Mar 01, 2023

Financial Details and Other Relevent Information

Comparison of Hinduja Global Solutions Buyback and KAMA Holdings Buyback financial data. The table below also includes a list of all relevant information like Stock Market Data, Compay Information, Lead Manager and Registrar.

Hinduja Global Solutions Limited

KAMA Holdings Limited

Financial

Hinduja Global Solutions Limited Financial Information (Consolidated)
Period Ended	Total Revenue	Profit After Tax	Net Worth	Total Borrowing
31-Mar-20	5043.64	184.04	1731.84	498.96
31-Mar-21	5670.49	336.05	2084.87	292.24
31-Mar-22	4488.63	-32.12	8229.73	819.18
30-Sep-22	2692.42	265.41	8644.78	638.47
Amount in ₹ Crore

KAMA Holdings Limited Financial Information (Restated)
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

Stock price at BSE

Stock price at BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Aug-2022	1661.05	1275.65	1464.25
Sep-2022	1484.50	1221.00	1391.98
Oct-2022	1331.80	1207.45	1272.53

Stock price at BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Nov-2022	13997.50	12085.25	13053.04
Oct-2022	13566.90	12353.05	12859.01
Sep-2022	14600.00	12250.05	13113.94

Stock price at NSE

Stock price at NSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Aug-2022	1662.75	1279.35	1471.26
Sep-2022	1488.10	1217.45	1402.97
Oct-2022	1329.55	1207.40	1277.21

Compare with others

Hinduja Global Solutions Limited	KAMA Holdings Limited
Sportking India Buyback 2023	Abirami Financial Services Buyback 2023
KDDL Buyback 2023	VLS Finance Buyback
Abirami Financial Services Buyback 2023	Welspun Enterprises Buyback
VLS Finance Buyback	Hinduja Global Solutions Buyback
Welspun Enterprises Buyback	One 97 Communications Buyback
One 97 Communications Buyback	Bajaj Consumer Care Buyback
KAMA Holdings Buyback	Freshtrop Fruits Buyback 2022
Bajaj Consumer Care Buyback	Cosmo First Buyback
Freshtrop Fruits Buyback 2022	Jenburkt Pharmaceuticals Buyback
Cosmo First Buyback	Indian Energy Exchange Buyback

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