The BSE Buyback date has been Recorded on September 21 – 27, 2023. Read the post to learn about BSE Buyback 2023.
The BSE request, generally known as the Bombay Stock Exchange, is India’s most significant stock request by several companies listed. BSE Limited operates it. The Bombay Stock Exchange( BSE) has the utmost companies listed of any request in the world, with over 5,000.
Start your investing journey today. Find the latest information on Upcoming Buyback.
Key Details Of BSE Buyback 2023:
Record Dates
September 21-27
Buyback Price
₹1080 per equity share
Face Value
₹2 per share
Offer Closes On
September 27, 2023
BSE Buyback Price
The BSE buyback price today is ₹( 1080 per equity share).
BSE Buyback IPO Overview
The BSE, formerly the Bombay Stock Exchange, was founded in 1875 and is Asia’s first stock exchange. It has a speed of six microseconds. The BSE buyback price today is ₹( 1080 per equity share). It is also one of India’s most popular exchange groups. The BSE has helped the Indian commercial sector develop 143 times by providing an effective platform for capital investment. Innovated as” The Native Share & Stock Brokers Association” in 1875, the exchange is generally called the BSE. The BSE was the first stock exchange in India to be listed in 2017.
BSE Share Buyback 2023 Details
| BSE Buyback Dates | Coming soon |
| BSE Buyback Price | INR 816 per share |
| Market Price on Buyback Approval | INR 705.40 per share |
| Buyback Premium on Market Price | 15.68% |
| Buyback Offer Size (Shares) | 45,93,137 shares |
| Buyback Offer Size (Amount) | INR 374.80 crore |
| Offer Type | Tender |
| Promoter Participation | Yes |
| Face Value | INR 2 per share |
| Listing At | NSE |
BSE Buyback Dates (Timeline)
| Board Meeting Intimation for Buyback Proposal | 3 July 2023 |
| Buyback Approval Date | 6 July 2023 |
| Public Announcement of Buyback | Coming soon |
| BSE Buyback Record Date | Coming soon |
| Buyback Opening Date | Coming soon |
| Buyback Closing Date | Coming soon |
| Cut-off Date to receive completed tender forms by Registrar | Coming soon |
| Verification Date by the Registrar | Coming soon |
| Return of unaccepted shares by Registrar | Coming soon |
| Extinguishment of accepted shares | Coming soon |
BSE Buyback Entitlement Ratio
| Shareholder Category | Entitlement Ratio | Entitlement Ratio (in %) |
| Small Shareholders | ||
| (less than INR 2 Lakh on record date) | – | 21.35 |
| General category | ||
| (for all other Eligible Shareholders) | – | – |
BSE Financial Performance
| FY 2022 | FY 2023 | |
| Revenue | 743.15 | 815.53 |
| Total Expenses | 600.45 | 705.91 |
| Net income | 244.93 | 205.65 |
Calculation of Investment in Buyback
| Maximum shares for small shareholders (2,00,000/816) | INR 2,00,000 |
| Buyback price per share | INR 816 |
| Closing price of stock as of 6 July 2023 | 246 shares * |
| Closing price of the stock as of 6 July 2023 | INR 705.40** |
| Maximum amount invested in buyback (INR 705.40x 246 shares) | INR 1,73,528 |
BSE Buyback Acceptance Ratio
| Shares Tendered | Buyback Entitlement | Acceptance ratio | Buyback Profit | Profit in % |
| 246 | 53 | 53 (100%) | 5,861.8 | 3.38 |
| 246 | 53 | 106 (200%) | 11,723.6 | 6.76 |
| 246 | 53 | 159 (300%) | 17,585.4 | 10.13 |
Company Profile
BSE Limited, frequently known as the Bombay Stock Exchange (BSE), is an Indian stock request grounded on Dalal Street in Mumbai. Innovated in 1875 by cotton trafficker Premchand Roychand, it’s Asia’s oldest stock exchange and tenth in the world. With a high request capitalization, the BSE is one of the world’s largest stock exchanges. The BSE provides a clear and compelling trading terrain for equity, currencies, debt securities, derivations, and collective finances. BSE SME is India’s largest SME platform, with over 250 companies listed and steadily growing.
Likewise, BSE StAR MF functions as the biggest online collective fund platform in India, enabling further than 27 lakh deals and adding around 2 lakh new drafts every month. Also, with over Rs 2.09 lakh crore raised from 530 ad measurements, BSE Bond — a transparent and effective electronic book system for the private placement of debt securities leads the request.
Registrar Info
| Name | Kfin Technologies Limited |
| Phone number | 04067162222, 04079611000 |
| Email ID | [email protected] |
| Website | https://kosmic.kfintech.com/ipostatus/ |
Contact Details
| Name | BSE Buyback Limited |
| Phone number | 91-22-22721233/4 |
| Email ID | [email protected] |
| Website | https://www.bseindia.com/index.html |
IPO Strengths
- Experienced promoters and a competent management team.
- Well-established relationships with a loyal customer base.
- Access to markets worldwide, enabling global reach.
IPO Weakness
- Heavy reliance on customers based in the United States.
- Need to adhere to multiple laws and regulations in these countries to ensure compliance.
- Competition from other players in the market.
BSE Buyback FAQs
Which is the last day to buy BSE Buyback July 2023 for buyback?
Last date to be eligible to participate in buyback is September 13, 2023.
What is the schedule of activities for BSE Buyback July 2023?
BSE Buyback July 2023 Schedule
| Buyback Opening Date | September 21, 2023 |
| Buyback Closing Date | September 27, 2023 |
| Last Date for receipt of Tender Forms | September 27, 2023 |
| Finalisation of Buyback Acceptance | October 4, 2023 |
| Last Date for settlment of bids | October 5, 2023 |
| Last Date for Extinguishment of Shares | October 16, 2023 |
What is the offer price for BSE Buyback July 2023 offer?
The BSE Buyback July 2023 is being offered at Rs ₹1080 per share per equity share.
What is the issue size of BSE Buyback July 2023?
The issue size of BSE Buyback July 2023 is of 3,470,370 equity shares at ₹1080 per share aggregating upto ₹374.80 Crores.
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