NIIT Limited is a leading Skills and Talent Development Company that has two main lines of business; a.) Corporate Learning Group and b.) Skills and Careers Group
NIIT's Corporate Learning Group (CLG) offers Managed Training Services (MTS) to market-leading companies in North America, Europe, Asia, and Oceania.
The Skills & Careers Business (SNC) delivers a diverse range of learning and talent development programs to millions of individual and corporate learners in areas including Digital Transformation, Banking, Finance & Insurance, Soft Skills, Business Process Excellence, Retail Sales Enablement, Management Education, Multi-Sectoral Vocational Skills, Digital Media Marketing, and new-age IT.
With a footprint in over 30 countries, these business lines offer training and development solutions to Enterprises, Individuals, and Institutions.
Issue Period | Apr 12, 2021 - Apr 28, 2021 |
Security Name | NIIT Limited |
Issue Type | Tender Offer |
Issue Size (Shares) | 0.99 Crores |
Issue Size (Amount) | ₹237.00 Crores |
Buyback Price | ₹240 per share |
Face Value | ₹2 per share |
Listing At | BSE, NSE |
Offer Opens On | Apr 12, 2021 |
Offer Closes On | Apr 28, 2021 |
Record Date | Feb 24, 2021 |
Last Date for receipt of Tender Forms | Apr 30, 2021 |
Finalisation of Buyback Acceptance | May 6, 2021 |
Last Date for settlment of bids | May 7, 2021 |
Last Date for Extinguishment of Shares | May 14, 2021 |
Category | Entitlement Ratio of Buyback |
---|---|
Reserved Category for Small Shareholders | 102 Equity Shares for every 919 Equity Shares held on the Record Date |
General Category for all other Eligible Shareholders | 19 Equity Shares for every 292 Equity Shares held on the Record Date |
Particulars | For the year/period ended (Rs. in Lakhs) | ||
---|---|---|---|
31-Mar-20 | 31-Mar-19 | 31-Mar-18 | |
Total Income | 1,00,598 | 87,136 | 85,909 |
Profit After Tax | 1,32,718 | 8,720 | 6,368 |
Net Worth | 96,292 | 28,350 | 18,938 |
Month | High Price | Low Price | Average Price |
---|---|---|---|
Jan-2021 | 205.95 | 187.65 | 198.63 |
Dec-2020 | 207.35 | 168.75 | 182.88 |
Nov-2020 | 190.35 | 131.5 | 153.42 |
Month | High Price | Low Price | Average Price |
---|---|---|---|
Month | High Price | Low Price | Average Price |
Jan-2021 | 206.15 | 187.6 | 198.6 |
Dec-2020 | 207.3 | 168.85 | 182.97 |
Nov-2020 | 190.5 | 131.5 | 153.43 |
The Buyback is being undertaken by the Company to:
i) To return surplus funds to the Equity Shareholders; and
ii) To help improve financial ratios like earnings per share and return on equity, by reducing the equity capital of the Company.
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NIIT Limited
8, Balaji Estate, First Floor,
Guru Ravi Das Marg,
Kalkaji New Delhi – 110019
Phone: +91-11-41675000
Email: investors@niit.com
Website: https://www.niit.com/india/
Link Intime India Private Ltd
Link Intime India Private Ltd
C 101, 247 Park, L.B.S.Marg,
Vikhroli (West), Mumbai - 400083
Phone: +91-22-4918 6270
Email: niit.buyback2021@linkintime.co.in
Website: http://www.linkintime.co.in
Lead Manager(s)
Registered Broker
The NIIT Buyback opens on Apr 12, 2021, and closes on Apr 28, 2021.
The NIIT Buyback is a Tender Offer.
NIIT Buyback Schedule
Buyback Opening Date | Apr 12, 2021 |
Buyback Closing Date | Apr 28, 2021 |
Last Date for receipt of Tender Forms | Apr 30, 2021 |
Finalisation of Buyback Acceptance | May 6, 2021 |
Last Date for settlment of bids | May 7, 2021 |
Last Date for Extinguishment of Shares | May 14, 2021 |
The NIIT Buyback is being offered at Rs ₹240 per share per equity share.
Category | Entitlement Ratio of Buyback |
---|---|
Reserved Category for Small Shareholders | 102 Equity Shares for every 919 Equity Shares held on the Record Date |
General Category for all other Eligible Shareholders | 19 Equity Shares for every 292 Equity Shares held on the Record Date |
The record date for the NIIT Buyback is Feb 24, 2021.
The issue size of NIIT Buyback is of 0.99 Crores equity shares at ₹240 per share aggregating upto ₹237.00 Crores.
The Buyback is being undertaken by the Company to:
i) To return surplus funds to the Equity Shareholders; and
ii) To help improve financial ratios like earnings per share and return on equity, by reducing the equity capital of the Company.
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