On December 13, 2022, Paytm announced the buyback program. The open date for the Paytm buyback is December 21. Since Paytm Buyback is an open market buyback offer, the record date is not set. To qualify for the buyback, the investor must purchase Paytm shares before the record date.
On December 13, 2022, the board of directors approved the Paytm Buyback, which will cost ₹850 crores. The Paytm Buyback will be carried out using the stock exchange’s Open Market method. The business’s board of directors approved the buyback by the company of its fully paid-up equity shares with a face value of one each equity share at a price of ₹810 each equity share and for a total not to exceed ₹850 crores.
Paytm Buyback History
- This is the first Paytm buyback so there is no historical data.
Paytm Buyback 2022 Dates
| Buyback Meeting Date: | December 13, 2022 |
| Buyback Announcement Date: | December 13, 2022 |
| Buyback Record Date: | Open Market |
| Buyback Open Date: | December 21, 2022 |
| Buyback Close Date: | June 19, 2023 |
| Finalization of Buyback Acceptance: | – |
Paytm Buyback 2022 Offer Details
1,04,93,827 equity shares were purchased by Paytm in a buyback at a price of ₹810 per. The total size of the buyback offers cannot exceed ₹850 crores.
| Offer Amount: | ₹850 Crores |
| Number of Shares: | 1,04,93,827 Equity Shares |
| Face Value: | ₹1 per equity share |
| Buyback Price: | ₹810 per equity share |
| Listing: | BSE, NSE |
| Buyback Type: | Open Market |
Paytm Buyback 2022 Acceptance Ratio
At the current market price of [.] (as of date), the investor should purchase roughly [.] shares. 2,00,000 / [.] buyback price = [.] shares will be the formula.
Paytm Financial Report
How to Participate in Paytm Buyback 2022
Investors who have Paytm shares in their Demat Paytmount as the Open Market are eligible for the buyback program. According to the starting form, eligible share holders can take part in the Paytm Buyback 2022 scheme by selling their shares. According to the Paytmpted shares by the company under the Paytm buyback program, the payment will be made.
Paytm Contact Info
One 97 Communications Limited
Skymark One, Shop No.1, Ground Floor, Tower-D,
Plot No. H-10B, Sector 98, Noida
UP-201301
Phone: +91-120- 4770770
Website: https://paytm.com
Paytm Buyback Registrar
Link Intime India Private Ltd
C 101, 247 Park, L.B.S.Marg,
Vikhroli (West), Mumbai – 400083
Phone: +91-22-4918 6270
Email: delhi@linkintime.co.in
Website: https://linkintime.co.in
Paytm Buyback 2022 Lead Managers
- Axis Capital Limited
Paytm Buyback 2022 FAQs
Q1. When is Paytm Buyback 2022 Record Date?
Ans. Paytm buyback 2022 record date is Open Market.
Q2. When is Paytm Buyback 2022 Open Date?
Ans. Paytm buyback 2022 open date is December 21.
Q3. What is Paytm Buyback 2022 Price?
Ans. The company has fixed the price at ₹810 per share.
