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KAMA Holdings Buyback Dec 2022

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KAMA Holdings Limited Buyback

TitleDetail
Company Name:KAMA Holdings Limited
Buyback Type:Tender Offer
Offer Amount:₹50.03Cr
Buyback Number of Shares:34,500
Buyback Price:14500
Approx Entry Price:12312.95
Promoters In:Y
Record Date:23-12-2022
Buyback Open Date:31-01-2023
Buyback Close Date:13-02-2023
Payment Date:21-02-2023
Record Date Price:-
Maximum Retail Quantity:-
Draft Letter of Offer:Draft Letter of Offer
Letter of Offer:-
Acceptance Ratio Retail:15 Equity Share out of every 47 Fully paid-up Equity Shares held on the Record Date.
Acceptance Ratio Retail %:31.91
Acceptance Ratio General:2 Equity Share out of every 439 Fully paid-up Equity Shares held on the Record Date.
Acceptance Ratio General %:0.46
Final Acceptance Ratio %:-

FAQs

The Record Date for KAMA Holdings Limited Buyback offer is 23rd Dec 2022

Which means you should hold the KAMA Holdings Limited share in your demat account by closing session of 23rd Dec 2022. Share purchased on and before (23rd Dec 2022) - 2 business days will be available in your demat account by 23rd Dec 2022.

 

Its all depend on acceptance ratio which usually announce with Letter of Offer. Lets assume if you have KAMA Holdings Limited shares at ₹12312.95 and buyback offer price is ₹14500, you can get ₹2187.0499999999993 per accepted share. If you hold 16 shares of KAMA Holdings Limited and if proportionate acceptance is between 33% and 50%, in such case you are eligible to sell your 5 to 8 shares with the gain from buyback of ₹10935 to ₹17496.

The percentage of proportionate acceptance varies from company to company. This percentage can be also 100% which means that company buys all of your shares.

KAMA Holdings Limited Buyback Profit Calculation

% Share AcceptedNo of Shared AcceptedGain from Buyback Offer
33%5₹10935
50%8₹17496
75%12₹26245
100%16₹34993

 

Steps to participate in KAMA Holdings Limited buyback:

  1. On Record date (23rd Dec 2022) you must have share of KAMA Holdings Limited in your demat account/physical form. Depositing of share in your DP account usually take T+2 days, so you need to plan your buying accordingly.
  2. After that company announces buyback open and close window, so you need to tender your share in buyback process. You can do this online or contact your broker to tender your share in buyback, so he can place a request on your behalf.
  3. Next step is with registrar - depend on buyback acceptance ratio, your shares will be sold in buyback process and fund will directly debited in your bank account. Any rejected share will be revert in your demat account which you can sell in open market or hold for long term gain.

 

Share holders who hold less than 2 lakh worth of shares are consider in Retail Category. All others will consider in General Category. Last trading price on record date will be used to calculate the eligibility criteria.

 

Buyback opening date for KAMA Holdings Limited: 31st Jan 2023

Buyback closing date for KAMA Holdings Limited: 13th Feb 2023

This is the window when you need to submit your application for proposal for share buyback. If you are submitting tender forms or submitting physical share certificates, it must reach to registrar by .

 

As this is a buyback tender offer, shares are accepted in proportionate basis. Proportionate acceptance / rejection will be returned back to the eligible shareholders directly by the Registrar on or before 21st Feb 2023.

 

Buyback opening date for KAMA Holdings Limited: 31st Jan 2023

Buyback closing date for KAMA Holdings Limited: 13th Feb 2023

This is the window when you need to submit your application for proposal for share buyback. If you are submitting tender forms or submitting physical share certificates, it must reach to registrar by .

 


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