Open Market Through Stock Exchange | ₹9,200.00 Crores | Listing at BSE, NSE | Fri, Jun 25, 2021 - Fri, Dec 24, 2021
Infosys Ltd. Buyback is a tender offer for the repurchase of up to equity shares at a buyback price of ₹1750 per share with a face value of ₹5 per share, aggregating to ₹9,200.00 crores.
The buyback opens on Jun 25, 2021 and closes on Dec 24, 2021.
Kotak Mahindra Capital Co.Ltd. is the Manager to the Buyback and Kfin Technologies Ltd. is the Registrar and Kotak Securities Limited is the Registered Broker to the Buyback.
Investors are advised to refer to the Infosys Ltd. Letter of Offer for detailed information, including eligibility criteria, entitlement ratio, acceptance methodology, and tax implications.
Offer Opening Date
Fri, Jun 25, 2021
Offer Closing Date
Fri, Dec 24, 2021
Buyback Price
₹1750 per share
Record Date
[.]
| Particulars | For the year/period ended (Rs. in Crores) | ||
|---|---|---|---|
| 31-Mar-21 | 31-Mar-20 | 31-Mar-19 | |
| Total Income | 102,673 | 93,594 | 85,557 |
| Profit After Tax | 19,423 | 16,639 | 15,410 |
| Net Worth | 76,351 | 65,450 | 64,948 |
| Reserves and Surplus | 74,227 | 63,328 | 62,778 |
With four decades of experience, Infosys Limited is a global leader in consulting, technology,outsourcing, and next-generation digital services enabling clients in more than 50 countries to create and execute strategies for their digital transformation.
The company believes in constant improvement through building and transferring digital skills, expertise, and ideas from its innovative ecosystem. The company offers solutions across digital marketing, digital commerce, digital interactions, and digital workplace services.
| Month | High Price | Low Price | Average Price |
|---|---|---|---|
| May-2021 | 1,415.50 | 1,311.80 | 1,353.04 |
| Apr-2021 | 1,480.00 | 1,320.35 | 1,379.54 |
| Mar-2021 | 1,406.25 | 1,259.70 | 1,349.16 |
| Month | High Price | Low Price | Average Price |
|---|---|---|---|
| May-2021 | 1,416.25 | 1,311.30 | 1,352.94 |
| Apr-2021 | 1,477.55 | 1,320.00 | 1,379.59 |
| Mar-2021 | 1,406.00 | 1,259.00 | 1,349.14 |
The Buyback aims to :
i) Return surplus cash to the members.
ii) Improve Return on Equity and Earnings per share and thereby enhance shareholder value in the long term.
Infosys Ltd.
No. 44, Electronics City,
Hosur Road, Bengaluru,
Karnataka 560 100, India.
Indi, Karnataka, 560100
Lead Manager(s)
Registered Broker
The Infosys Buyback opens on June 25, 2021, and closes on December 24, 2021.
The Infosys Buyback is a Open Market Through Stock Exchange.
Infosys Buyback Schedule
| Buyback Opening Date | June 25, 2021 |
| Buyback Closing Date | December 24, 2021 |
| Last date for acceptance of shares | Upon relevant pay-out by the Stock exchange |
The Infosys Buyback is being offered at Rs ₹1750 per share.
There is no ratio applicable in case of open market offer through stock exchange mechanism.
The Infosys Buyback has announced a buyback for an aggregate amount of not more than Rs. ₹9,200.00 Crores with pricing of Rs. ₹1750 per share.
The Buyback aims to :
i) Return surplus cash to the members.
ii) Improve Return on Equity and Earnings per share and thereby enhance shareholder value in the long term.
Any equity shareholder holding the shares in Demat form can participate in the buyback offer through their stockbroker. The physical shareholder can participate only once the shares get converted into a Dematerialized form.
The shareholder needs to inform their broker on the details of the Equity shares they wish to sell. The broker will place a sell order whenever the company places a buy order for the buyback. The trade would get executed at the offer price or lesser only when the price offered by the shareholder matches with the buy order placed by the company.
The Infosys Buyback offers an opportunity for the shareholders to exit their positions at a premium price. In case you stay invested you would have an increased percentage of shareholding in the company and improved earnings per share. Thus, one should understand the company fundamentals along with one's need, goals, and risk appetite to decide if one wants to stay invested or participate in the buyback offer.
