Bajaj Consumer Buyback Record Date 2024, Price, Entitlement Ratio

Bajaj Consumer Buyback Record Date

Bajaj Consumer Buyback Record Date is yet to be finalized. 

Bajaj Consumer Care operates in the cosmetics, toiletries, and personal care products industry, with a presence in both domestic and international markets. Its flagship product, Bajaj Almond Drops Hair Oil, is a leader in the light hair oil segment, holding a 60% market share in fiscal year 2023. In FY 2023, the company dedicated 77% of its total marketing budget to Bajaj Almond Drops, marking a 37% increase in spending.

The company has a comprehensive presence across various personal care segments, spanning hair and skin care. Its product portfolio consists of 15 brands and 100 SKUs, including products like Bajaj Almond Drops, Bajaj Coco Onion, and Bajaj Coconut Oil. In FY 2023, the company established itself as one of the fastest-growing companies in the hair oil industry. During this period, the company launched several new products, including Bajaj 100% Pure Henna, Bajaj NoMarks face serums, Bajaj Almond Drops Moisturizing Soap, and hair serums.

Bajaj Consumer Care has a distribution network that includes approximately 8,100 direct and indirect distributors, reaching nearly 4.3 million retail outlets across India. In FY23, the company expanded its distribution network to over 35,000 outlets. With ongoing strategic plans to broaden its global reach, Bajaj Consumer Care is now present in more than 30 countries across the SAARC region, the Gulf and Middle East, ASEAN, and Africa.

Bajaj Consumer Care

Bajaj Consumer Buyback Record Date, Other Details

Bajaj Consumer Buyback DatesComing soon
Bajaj Consumer Buyback Price INR 290 per share
Market Price on Buyback ApprovalINR 260.55 per share
Buyback Premium on Market Price11.30%
Buyback Offer Size (Shares)5,741,000 shares
Buyback Offer Size (Amount)INR 166.49 crore
Offer TypeTender
Promoter ParticipationYes
Face Value INR 1 per share
Listing AtBSE, NSE

Bajaj Consumer Buyback Dates (Timeline)

Board Meeting Intimation for Buyback Proposal29 April 2024
Buyback Approval Date8 May 2024
Public Announcement of BuybackComing soon
Bajaj Consumer Buyback Record DateComing soon
Buyback Opening DateComing soon
Buyback Closing DateComing soon
Cut-off Date to receive completed tender forms by RegistrarComing soon
Verification Date by the RegistrarComing soon
Return of unaccepted shares by RegistrarComing soon
Extinguishment of accepted sharesComing soon

Bajaj Consumer Buyback 2024 Documents

Letter of Offer
Public Announcement
Board Approval
Upcoming Share Buyback

Bajaj Consumer Buyback Entitlement Ratio

Shareholder CategoryEntitlement RatioEntitlement Ratio (in %)
Small Shareholders
(less than INR 2 Lakh on record date)
General category
(for all other Eligible Shareholders)
*Calculated by IPO Central

A small shareholder is defined as a shareholder who holds shares worth less than INR 2,00,000 as of the record date.

Bajaj Consumer Financial Performance

FY 2021FY 2022FY 2023
Total Income914.63878.37949.93
Total Expenses672.44700.81809.45
Net income 223.57174.54139.82
Figures in INR Crores unless specified otherwise

Calculation of Investment in Buyback

Maximum market value of a share holder as on record dateINR 2,00,000
Buyback price per shareINR 290
Maximum shares for small shareholders (2,00,000/290)690 shares *
The closing price of the stock as of 8 May 2024INR 260.55**
Maximum amount invested in buyback (INR 260.55 x 690 shares)INR 1,79,780
* No. of shares stands to change according to the closing price on the record date
** For simplicity, we have considered the price on the buyback approval date

Bajaj Consumer Buyback Acceptance Ratio

Shares Tendered Buyback EntitlementAcceptance ratioBuyback ProfitProfit in %
6906363 (100%)1,855.351.03
69063126 (200%)3,710.702.06
69063189 (300%)5,566.053.10

Registrar of Bajaj Consumer Buyback 2024

Coming soon

Manager of Bajaj Consumer Buyback 2024

Coming soon

The Process to Participate in Bajaj Consumer Buyback

All eligible shareholders of the company who own shares in the physical or demat form on the record date may participate in the buyback offer through their stockbroker. The eligible shareholders who hold the shares in demat form must notify their brokers of the details of the equity shares that they wish to tender in the buyback offer.

The shareholder must transfer the tendered shares to the clearing corporation’s Special account. In turn, the broker would place a buyback order on the stock exchange.

The eligible shareholders who own the shares in physical form must present their broker with the original share certificates and supporting documents. After document verification is complete, the broker places an order on the stock exchange and submits the original share certificate and TRS (Transaction Registration Slip) to the registrar.

Frequently Asked Questions

What are Bajaj Consumer buyback dates?

Bajaj Consumer share buyback opens on 2024 and closes on 2024.

Which type of buyback is Bajaj Consumer buyback offer?

Bajaj Consumer buyback is a tender offer.

What is Bajaj Consumer buyback price?

Bajaj Consumer buyback price is INR 290 per share.

What is Bajaj Consumer buyback record date?

Bajaj Consumer buyback record date is coming soon.

How to participate in Bajaj Consumer share buyback?

Bajaj Consumer Care share buyback will be conducted through the tender process and investors who hold the shares on record date can place orders through their broker.


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