eClerx Services Buyback 2022 vs Windlas Biotech Buyback 2022

Comparison between eClerx Services Buyback 2022 and Windlas Biotech Buyback 2022.

Buyback Details

eClerx Services Buyback 2022 is a Tender Offer buyback proposed to list at BSE, NSE while Windlas Biotech Buyback 2022 is a Open Market Through Stock Exchange proposed to list at BSE, NSE.

 eClerx Services Ltd.Windlas Biotech Ltd.
LogoeClerx Services Buyback 2022 LogoWindlas Biotech Buyback 2022 Logo
Type of BuybackTender OfferOpen Market Through Stock Exchange
Listing AtBSE, NSEBSE, NSE
Face Value₹10 per share₹5 per share
Buyback Price₹1750 per share₹325 per share
Issue Size17,14,285 shares
Issue Size (Amount)₹300.00 Crores₹25.00 Crores
Buyback Ratio
CategoryEntitlement Ratio of BuybackShares Offered
Reserved Category for Small Shareholders7 Equity Shares out of every 46 Fully paid-up Equity Shares held on the Record Date.257,143.00
General Category for all other Eligible Shareholders6 Equity Shares out of every 202 Fully paid-up Equity Shares held on the Record Date.1,457,142.00
RegistrarKfin Technologies Ltd.MUFG Intime India Pvt.Ltd.
Lead ManagersEmkay Global Financial Services Ltd.Corporate Professionals Capital Pvt.Ltd.
Necessity of the buyback

The Buy Back is being proposed by the company for fulfilling the following objectives:

  1. The Buy Back will help the Company to return surplus cash to its shareholders holding Equity Shares broadly in proportion to their shareholding, thereby, enhancing the overall return to the shareholders.
  2. The Buy Back may help in improving return on equity due to reduction in the equity base, thereby leading to long term increase in shareholder value.
  3. The Buy Back will help in achieving an optimal capital structure.

The buyback is being undertaken for the following reason:

1.To return surplus funds to the equity shareholders of the Company.

2. To improve return on equity, by reducing in equity base, thereby leading to a long-term increase in the value of shareholders.

Buyback Timetable

eClerx Services Buyback 2022 and Windlas Biotech Buyback 2022 buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. eClerx Services Buyback 2022 Buyback record date is Dec 27, 2022. Windlas Biotech Buyback 2022 Buyback record date is .

 eClerx Services Ltd.Windlas Biotech Ltd.
Record DateDec 27, 2022
Offer Open DateFeb 03, 2023Nov 21, 2022
Offer Closure DateFeb 16, 2023May 03, 2023
Last date for receipt of tender formsFeb 16, 2023
Finalisation of buybackFeb 23, 2023
Last Date for settlment of bidsFeb 24, 2023
Last Date for extinguishment of sharesMar 01, 2023

Financial Details and Other Relevent Information

Comparison of eClerx Services Buyback 2022 and Windlas Biotech Buyback 2022 financial data. The table below also includes a list of all relevant information like Stock Market Data, Compay Information, Lead Manager and Registrar.

 eClerx Services Ltd.Windlas Biotech Ltd.
Financial
eClerx Services Limited Financial Information (Consolidated)
Period EndedTotal RevenueProfit After TaxNet Worth
31-Mar-201174.17123.571111.31
31-Mar-211230.36238.791182.62
31-Mar-221571.86354.91174.53
Amount in ₹ Crore
Windlas Biotech Limited Financial Information (Restated)
Period EndedTotal RevenueProfit After TaxNet Worth
31-Mar-20331.3423.68209.66
31-Mar-21430.715.74199.12
31-Mar-22472.6438.09394.78
Amount in ₹ Crore
Stock price at BSE

Stock price at BSE (in preceding 3 months)

Month High Price Low Price Average Price
Nov-2022 1494.25 1297.85 1395.80
Oct-2022 1499.45 1254.15 1336.66
Sep-2022 1545.90 1420.70 1473.07

Stock price at BSE (in preceding 3 months)

Month High Price Low Price Average Price
Jan-2022 244.70 212.15 232.89
Jan-2022 261.20 219.00 241.72
Jan-2022 232.90 203.55 217.81
Stock price at NSE

Stock price at NSE (in preceding 3 months)

Month High Price Low Price Average Price
Nov-2022 1494.90 1293.00 1395.38
Oct-2022 1500.00 1254.00 1336.53
Sep-2022 1545.00 1420.00 1472.99

Stock price at NSE (in preceding 3 months)

Month High Price Low Price Average Price
Jan-2022 244.80 212.00 227.41
Jan-2022 261.90 216.30 241.83
Jan-2022 233.95 209.70 218.71

Compare with others

Compare:

eClerx Services Buyback 2022 and Windlas Biotech Buyback 2022