KAMA Holdings Buyback vs VLS Finance Buyback

Comparison between KAMA Holdings Buyback and VLS Finance Buyback.

Buyback Details

KAMA Holdings Buyback is a Tender Offer buyback proposed to list at BSE while VLS Finance Buyback is a Open Market Through Stock Exchange proposed to list at BSE, NSE.

 KAMA Holdings Ltd.VLS Finance Ltd.
LogoKAMA Holdings Buyback LogoVLS Finance Buyback Logo
Type of BuybackTender OfferOpen Market Through Stock Exchange
Listing AtBSEBSE, NSE
Face Value₹10 per share₹10 per share
Buyback Price₹14500 per share₹200 per share
Issue Size34,500 shares
Issue Size (Amount)₹50.03 Crores₹70.00 Crores
Buyback Ratio
CategoryEntitlement Ratio of BuybackShares Offered
Reserved Category for Small Shareholders15 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 Shareholders2 Equity Shares out of every 439 Fully paid-up Equity Shares held on the Record Date.29,325.00
RegistrarKfin Technologies Ltd.RCMC Share Registry Pvt.Ltd.
Lead ManagersSBI Capital Markets Ltd.SMC Capitals Ltd.
Necessity of the buyback

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

  1. 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.
  2. The Buyback will help in achieving an optimal capital structure.
  3. 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.

The Buy-Back is expected to achieve the following objectives:

  1. optimize returns to shareholders
  2. enhance overall shareholders' value
  3. optimize the capital structure

Buyback Timetable

KAMA Holdings Buyback and VLS Finance Buyback buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. KAMA Holdings Buyback Buyback record date is Dec 23, 2022. VLS Finance Buyback Buyback record date is .

 KAMA Holdings Ltd.VLS Finance Ltd.
Record DateDec 23, 2022
Offer Open DateJan 31, 2023Jan 16, 2023
Offer Closure DateFeb 13, 2023May 29, 2023
Last date for receipt of tender formsFeb 13, 2023
Finalisation of buybackFeb 21, 2023
Last Date for settlment of bidsFeb 22, 2023
Last Date for extinguishment of sharesMar 01, 2023

Financial Details and Other Relevent Information

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

 KAMA Holdings Ltd.VLS Finance Ltd.
Financial
KAMA Holdings Limited Financial Information (Restated)
Period EndedTotal AssetsTotal RevenueProfit After Tax
31-Mar-2113280.798499.911196.62
31-Mar-2216210.5312588.241888.86
Amount in ₹ Crore
VLS Finance Limited Financial Information (Consolidated)
Period EndedTotal AssetsTotal RevenueProfit After Tax
31-Mar-211629.17214.64215.82
31-Mar-222008.42286.29254.39
Amount in ₹ Crore
Stock price at BSE

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 BSE (in preceding 3 months)

Month High Price Low Price Average Price
Dec-2022 143.30 120.50 134.75
Nov-2022 152.90 131.85 136.17
Oct-2022 142.00 115.00 133.93
Stock price at NSE

Stock price at NSE (in preceding 3 months)

Month High Price Low Price Average Price
Dec-2022 143.90 120.50 134.64
Nov-2022 151.80 130.00 136.21
Oct-2022 147.85 128.90 133.75

Compare with others

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KAMA Holdings Buyback and VLS Finance Buyback