Bosch Limited Buyback Offer 2018
Bosch Buyback Offer 2018
Bosch Limited is a leading supplier of technology and services in the areas of Mobility Solutions, Industrial Technology, Consumer Goods, and Energy and Building Technology. Additionally, Bosch has in India the largest development center outside Germany, for end to end engineering and technology solutions.
The Bosch Group operates in India through twelve companies, viz, Bosch Limited, Bosch Chassis Systems India Private Limited, Bosch Rexroth India Private Limited, Robert Bosch Engineering and Business Solutions Private Limited, Bosch Automotive Electronics India Private Limited, Bosch Electrical Drives India Private Limited, BSH Home Appliances Private Limited, ETAS Automotive India Private Limited, Robert Bosch Automotive Steering India Private Limited, Automotive Services and Solutions Private Limited, New Tech Filters India Private Limited and Mivin Engineering Technologies Private Limited. In India, Bosch set-up its manufacturing operation in 1951, which has grown over the years to include 18 manufacturing sites, and seven development and application centers.
Bosch Group in India employs over 31,000 associates and generated consolidated revenue of about ₨.18,300 crores (1.8 billion euros)* in 2016 of which ₨. 12,950 crores* from the third party. The Group in India has close to 18,500 research and development associates. In India, Bosch Limited is the flagship company of the Bosch Group. It earned revenue of over ₨. 10,500 crores in 2016.
Buy Back Offer Deal:
|Buyback Type:||Tender Offer|
|Buyback Record Date:||Dec 21 2018|
|Buyback Opening Date:||Feb 06 2019|
|Buyback Closing Date:||Feb 20 2019|
|Buyback Offer Amount:||₹ 2159.010 Cr|
|Date of Board Meeting approving the proposal:||Nov 05 2018|
|Date of Public Announcement:||Nov 05 2018|
|Buyback Offer Size:||3.37%|
|Buyback Number of Shares:||1,028,100|
|Buyback Price:||₹ 21000 Per Equity Share|
Details of Buyback:
Salient financial parameters:
|Year||Revenue(Cr)||PAT(Cr)||EBITDA Margins||Profit Margins||EPS|
How to Participate in buyback?
Profit from the buyback on the bases of acceptance Ratio:
|(i) Amount Invested in Buyback||1,89,000||1,89,000||1,89,000||1,89,000|
|(ii) No. of Shares buyback||3||4||6||9|
|(iii) BuyBack Profit||4,500||6,000||1,2000||1,3500|