Care Ratings Buyback 2022 Record Date, Price & Ratio Details – IPO Watch


Repurchase of care qualifications 2022 will be announced on July 20, 2022. Attention ratings The opening date for purchase is November 18. Repurchase of attention ratings The registration date is September 14. The investor should purchase Care Ratings shares prior to the record date to be eligible for repurchase.

On July 20, 2022, the purchase of care ratings of 122 million rupees was held approved by the board of directors at the meeting. The buyback of care ratings will be done through the offer route through the stock exchange mechanism. The board of directors of the company approved the repurchase by the company of its fully paid up equity shares of the face value of ₹10 each equity share at a price not exceeding ₹515 per equity share and for a total amount not exceeding ₹ 121 crore from the shareholders. See care ratings Repurchase 2022 details below:

CareEdge Ratings (CARE Ratings Ltd) started operations in April 1993 and in almost 3 decades has established itself as one of the leading credit rating agencies in India. CareEdge Ratings has emerged as the leading agency to cover many rating segments including manufacturing, infrastructure, a financial sector that includes banks and non-financial services, among others. The company has a proven track record of rating companies spanning nearly three decades and has played a pivotal role in the development of bank debt and capital market instruments including CP, corporate bonds and debentures and structured credit. CareEdge is recognized as a knowledge-based group and provides near-real-time research on all national and global economic developments. Special studies and surveys are also carried out on different topics. The industry research team tracks and publishes industry reports on an ongoing basis. Wholly owned subsidiaries of CareEdge Ratings (CARE Ratings Ltd.) include CARE Advisory, Research & Training Ltd. and CARE Risk Solutions Pvt Ltd. Globally, CARE Ratings Ltd. is a partner of ARC Ratings, an international credit rating agency. The company also has subsidiaries in Mauritius ‘CareEdge Ratings (Africa) Private Limited (CRAF)’ and in Nepal ‘CareEdge Ratings Nepal’. The company has a strategic alliance with the Japan Credit Rating Agency (JCR) and an MoU with the Russian rating agency ACRA.

2022 care ratings buyback dates

Buyback meeting date: July 20, 2022
Buyback announcement date: July 20, 2022
Repurchase registration date: September 14, 2022
Redemption opening date: November 18, 2022
Purchase closing date: December 1, 2022
Completion of buyback acceptance: December 9, 2022

Details of the 2022 Care Ratings Buyback Offer

Purchase care ratings of 23,68,000 equity shares at a price of ₹515 per equity share. The buyback offers not to exceed 122 million rupees of the total size of the repurchase offer.

Bid Amount: ₹ 122 crores
Number of shares: 23,68,000 Equity shares
Apparent value: ₹10 per capital share
Buyback price: ₹515 per capital share
List: BSE and NSE
Repurchase Type: Tender Offer
Letter of offer: Click here

Repurchase attention ratings 2022 acceptance ratio

The investor should shop around [.] shares at a current market price of ₹[.] (as of [.]). The calculation will be ₹2,000,000 / ₹[.] repurchase price = [.] shares

Acceptance ratio investment Buyback of shares benefit
33% ₹[.] [.] [.]
50% ₹[.] [.] [.]
75% ₹[.] [.] [.]
100% ₹[.] [.] [.]

Financial report of care assessments

₹ in Crores
course income expense PAT
2020 ₹250 ₹143 ₹80.50
2021 ₹251 ₹131 ₹85.83
2022 ₹247 ₹133 ₹ 84.47

How to participate in the buyback of care ratings 2022

Investors are eligible for the buyback scheme who hold shares of Care Ratings in their Demat account as [.]. Eligible share holders can participate in the Care Rating Buyback Scheme 2022 as per the opening form by selling their shares. Payment will be made in accordance with shares accepted by the company under Care Ratings’ buyback scheme.

2022 care ratings buyback register

KFin Technologies Limited

Selenium Tower B, Plot no. 31-32,

Gachibowli, Financial District

Nanakramguda, Seri, Hyderabad 500032, Telangana

Telephone: 040-67161500, 67162222, 33211000


2022 Care Ratings Buyback Lead Managers

Address of the company Care Ratings

CARE Limited ratings

4th Floor, Godrej Coliseum,

Somaiya Hospital Road,

Off the Eastern Expressway, Sion (E), – 400 022

Telephone: +91-22-6754 3456


How to apply care ratings buyback through Zerodha?

Log in to the console on the Zerodha website or app. Go to Portfolio and click on Corporate Shares. You will see the company name “Care Ratings”. Click Place Order. Enter your amount and submit the Care Rating Redemption Request Form. Open a Demat account with Zerodha.

How to apply care ratings buyback through Upstox?

Log in to the Upstox app with your credentials. Select the Account section. You will see the company name “Care Ratings”. Click Care Ratings Stock for repurchase. Enter your amount and submit the Care Rating Redemption Request Form. Open a Demat account with Upstox.

How to apply care ratings redemption through Paytm Money?

Login to Paytm Money app with your credentials. Select the attention scores. Enter your amount and submit the Care Rating Redemption Request Form. Open a Demat account with PaytmMoney.

Frequently asked questions about buyback of care ratings 2022

When is the record date for the Care 2022 valuation buyback?

Care Ratings’ 2022 record buyback date is September 14, 2022.

When is the opening date of Care Ratings Buyback 2022?

The Care Ratings 2022 buyback opening date is November 18, 2022.

What is Care Ratings’ 2022 repurchase price?

The company has set the price a ₹515 per share.

What is the buyback size of Care Ratings?

Care Ratings buyback size is 122 million rupees.

How to apply for Care Rating Buyback 2022?

As per the date of registration, you must have shares of Care Ratings in your Demat account. You can participate in the buyback after holding the shares in your account.Follow the Opta Watch for upcoming IPO news and their reviews, they also follow us Twitter, Facebooki Instagram. To see our latest videos, please subscribe to our YouTube channel.


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