Last updated on January 20, 2023
Kama Holdings Buyback 2022 description – Kama Holdings is a core investment company while the principal activities of its subsidiaries are manufacturing, purchasing, and sale of technical textiles, chemicals, packaging films, and other polymers. It derives major revenue from South Africa, Singapore, Germany, the USA, Hungary, Thailand, Switzerland, Belgium, and others. The company organizes its business in the following divisions:
Technical Textiles business: Nylon tyre cord fabric, belting fabric, polyester tire cord fabric, and industrial yarns and their research and development.
Chemicals business: Refrigerant gases, chloromethane, pharmaceuticals, fluorochemicals & allied products and their research and development.
Packaging Film business: includes polyester films.
Others:Â Coated fabric, laminated fabric, and other ancillary activities.
Kama Holdings Share Buyback 2022 Details
| Buyback Dates | 31 Jan – 13 Feb 2023 |
| Kama Holdingst Buyback Price | INR 14,500 per share |
| Market Price on Buyback Approval | INR 13,636.50 per share |
| Buyback Premium on Market Price | 6.33% |
| Buyback Offer Size (Shares) | 34,500 shares |
| Buyback Offer Size (Amount) | INR 50.03 crore |
| Offer Type | Tender |
| Promoter Participation | Yes |
| Face Value | INR 10 per share |
| Listing At | BSE |
Kama Holdings Buyback Dates (Timeline)
| Board Meeting Intimation for Buyback Proposal | 6 December 2022 |
| Buyback Approval Date | 12 December 2022 |
| Public Announcement of Buyback | 14 December 2022 |
| Kama Holdings Buyback Record Date | 23 December 2022 |
| Buyback Opening Date | 31 January 2023 |
| Buyback Closing Date | 13 February 2023 |
| Cut-off Date to receive completed tender forms by Registrar | 13 February 2023 |
| Verification Date by the Registrar | 15 February 2023 |
| Return of unaccepted shares by Registrar | 22 February 2023 |
| Extinguishment of accepted shares | 1 March 2023 |
Kama Holdings Buyback 2022 Documents
Letter of Offer
Draft Letter of Offer
Public Announcement
Board Approval
Upcoming Share Buyback
Kama Holdings Buyback Entitlement Ratio
| Shareholder Category | Entitlement Ratio | Entitlement Ratio (in %) |
| Small Shareholders (less than INR 2 Lakh on record date) | 15/47 | 31.91 |
| General category (for all other Eligible Shareholders) | 2/439 | 0.46 |
Small Shareholder is defined as shareholder who holds shares worth less than INR 2,00,000 as on record date.
Kama Holdings Financial Performance
| FY 2020 | FY 2021 | FY 2022 | |
| Total Income | 7,270 | 8,468 | 12,503 |
| Total Expenses | 5,792 | 6,302 | 9,365 |
| Net income | 1,017 | 1,196 | 1,889 |
Calculation of Investment in Buyback
| Maximum market value of a share holder as on record date | INR 2,00,000 |
| Buyback price per share | INR 14,500 |
| Maximum shares for small shareholder (2,00,000/14,500) | 14 shares * |
| Closing price of stock as on 12 Dec 2022 | INR 13,636.50** |
| Maximum amount invested in buyback (INR 13636.50 x 14 shares) | INR 1,90,911 |
** For simplicity, we have considered price on buyback approval date
Kama Holdings Buyback Profit Guidance
| Shares Tendered | Buyback Entitlement | Acceptance | Buyback Profit | Profit in % |
| 14 | 5 | 5 (100%) | 4317.5 | 2.26 |
| 14 | 5 | 10 (200%) | 8635.0 | 4.52 |
| 14 | 5 | 15 (300%) | 12952.5 | 6.78 |
Registrar of Kama Holdings Buyback 2022
KFIN TECHNOLOGIES LIMITED
Selenium, Tower B, Plot No- 31 & 32,
Financial District, Nanakramguda, Serilingampally,
Hyderabad, Rangareddi – 500032, Telangana
Phone: +91 406716 2222
Email: [email protected]
Website: www.kfintech.com
Manager of Kama Holdings Buyback 2022
SBI CAPITAL MARKETS LIMITED
202,Maker Tower’E’,
Cuffe Parade, Mumbai-400005
Phone: +912240069807
Email: [email protected]
Website: www.sbicaps.com
Process to Participate in Kama Holdings 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 stock broker. 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
When does Kama Holdings share buyback offer open?
Kama Holdings share buyback opens on 31 January 2023 and closes on 13 February 2023.
Which type of buyback is Kama Holdings buyback offer?
Kama Holdings buyback is a Tender offer.
What is Kama Holdings buyback price?
Kama Holdings buyback price is INR 14,500 per share.
What is Kama Holdings buyback record date?
Kama Holdings buyback record date is 23 December 2022.
