KAMA Holdings Buyback vs VLS Finance Buyback

Comparision 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 Limited

VLS Finance Limited

Logo

Type of Buyback

Tender Offer

Open Market Through Stock Exchange

Listing At

BSE

BSE, NSE

Face Value

₹10 per share

Buyback Price

₹14500 per share

₹200 per share

Issue Size

34,500 shares

Issue Size (Amount)

₹50.03 Crores

₹70.00 Crores

Buyback Ratio

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

Rcmc Share Registry Private Limited

Lead Managers

SBI Capital Markets Limited

Smc Capitals Limited

Necessity of the buyback

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.

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

optimize returns to shareholders
enhance overall shareholders' value
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 Limited	VLS Finance Limited
Record Date	Dec 23, 2022
Offer Open Date	Jan 31, 2023	Jan 16, 2023
Offer Closure Date	Feb 13, 2023	May 29, 2023
Last date for receipt of tender forms	Feb 13, 2023
Finalisation of buyback	Feb 21, 2023
Last Date for settlment of bids	Feb 22, 2023
Last Date for extinguishment of shares	Mar 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 Limited

VLS Finance Limited

Financial

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

VLS Finance Limited Financial Information (Consolidated)
Period Ended	Total Assets	Total Revenue	Profit After Tax
31-Mar-21	1629.17	214.64	215.82
31-Mar-22	2008.42	286.29	254.39
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

KAMA Holdings Limited	VLS Finance Limited
Abirami Financial Services Buyback 2023	TeamLease Services Buyback
VLS Finance Buyback	VRL Logistics Buyback 2023
Welspun Enterprises Buyback	Sportking India Buyback 2023
Hinduja Global Solutions Buyback	KDDL Buyback 2023
One 97 Communications Buyback	Abirami Financial Services Buyback 2023
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	Bajaj Consumer Care Buyback

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