Bajaj Auto Buyback vs Techno Electric Buyback

Comparision between Bajaj Auto Buyback and Techno Electric Buyback.

Buyback Details

Bajaj Auto Buyback is a Open Market Through Stock Exchange buyback proposed to list at BSE, NSE while Techno Electric Buyback is a Open Market Through Stock Exchange proposed to list at BSE, NSE.

	Bajaj Auto Limited	Techno Electric & Engineering Company Limited
Logo
Type of Buyback	Open Market Through Stock Exchange	Open Market Through Stock Exchange
Listing At	BSE, NSE	BSE, NSE
Face Value	₹10 per share	₹2 per share
Buyback Price	₹4600 per share	₹325 per share
Issue Size
Issue Size (Amount)	₹2,500.00 Crores	₹130.00 Crores
Buyback Ratio
Registrar	Kfin Technologies Limited	Niche Technologies Pvt. Ltd
Lead Managers	Jm Financial 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 reason: The Buyback will help the Company to distribute surplus cash to its shareholders holding equity shares. The Buyback would help in improving return on equity, by reduction in the equity base, thereby leading to long term increase in shareholders' value. The Buyback would help in optimizing the capital structure.

Buyback Timetable

Bajaj Auto Buyback and Techno Electric 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 . Techno Electric Buyback Buyback record date is .

	Bajaj Auto Limited	Techno Electric & Engineering Company Limited
Record Date
Offer Open Date	Jul 04, 2022	Jul 20, 2022
Offer Closure Date	Oct 10, 2022	Jan 19, 2023
Last date for receipt of tender forms
Finalisation of buyback
Last Date for settlment of bids
Last Date for extinguishment of shares

Financial Details and Other Relevent Information

Comparison of Bajaj Auto Buyback and Techno Electric 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

Techno Electric & Engineering Company 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

Techno Electric & Engineering Company Limited Financial Information (Restated)
Period Ended	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus
31-Mar-20	922.68	179.1	1480.25	1458.25
31-Mar-21	956.08	181.78	1596.01	1574.01
31-Mar-22	1219.15	258.44	1814.68	1792.68
Amount in ₹ Crore

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	294.00	231.00	275.34
May-2022	314.95	251.50	284.35
Apr-2022	302.00	248.90	278.98

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	294.85	231.20	275.86
May-2022	314.90	250.85	284.63
Apr-2022	302.00	248.55	278.98

Compare with others

Bajaj Auto Limited	Techno Electric & Engineering Company Limited
Suraj Limited Buyback	TCI Express Buyback
Quick Heal Technologies Buyback 2022	Granules India Buyback
CARE Ratings Buyback	Suraj Limited Buyback
Techno Electric Buyback	Quick Heal Technologies Buyback 2022
Marksans Pharma Buyback	CARE Ratings Buyback
Route Mobile Buyback	Marksans Pharma Buyback
Avonmore Capital Buyback	Bajaj Auto Buyback
Birlasoft Limited Buyback	Route Mobile Buyback
CL Educate Buyback	Avonmore Capital Buyback
Cigniti Technologies Buyback	Birlasoft Limited Buyback

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