eClerx Services Limited Buyback vs Goldiam International Buyback

Comparison between eClerx Services Limited Buyback and Goldiam International Buyback.

Buyback Details

eClerx Services Limited Buyback is a Tender Offer buyback proposed to list at BSE, NSE while Goldiam International Buyback is a Tender Offer proposed to list at BSE, NSE.

 eClerx Services Ltd.Goldiam International Ltd.
LogoeClerx Services Limited Buyback LogoGoldiam International Buyback Logo
Type of BuybackTender OfferTender Offer
Listing AtBSE, NSEBSE, NSE
Face Value₹10 per share₹10 per share
Buyback Price₹2850 per share₹1200 per share
Issue Size10,63,157 shares3,80,000 shares
Issue Size (Amount)₹303.00 Crores₹45.60 Crores
Buyback Ratio
Category Entitlement Ratio of Buyback
Reserved Category for Small Shareholders 13 Equity Shares out of every 74 fully paid-up Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders 13 Equity Shares out of every 489 fully paid-up Equity Shares held on the Record Date.
Category Entitlement Ratio of Buyback
Reserved Category for Small Shareholders 20 Equity Shares out of every 313 fully paid-up Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders 9 Equity Shares out of every 593 fully paid-up Equity Shares held on the Record Date.
RegistrarKfin Technologies Ltd.MUFG Intime India Pvt.Ltd.
Lead ManagersEmkay Global Financial Services Ltd.Keynote Financial Services Ltd.
Necessity of the buyback

The Buyback aims to:
i) help the Company to distribute surplus cash to its shareholders holding Equity Shares broadly in proportion to their shareholding, thereby, enhancing the overall return to shareholders.
iii) in improving financial ratios like earnings per share and return on equity, by reducing the equity base of the Company.

The Buyback aims to:
i) help the Company to distribute surplus cash to its shareholders holding Equity Shares broadly in proportion to their shareholding, thereby, enhancing the overall return to shareholders.
iii) in improving financial ratios like earnings per share and return on equity, by reducing the equity base of the Company.

Buyback Timetable

eClerx Services Limited Buyback and Goldiam International Buyback buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. eClerx Services Limited Buyback Buyback record date is Sep 30, 2021. Goldiam International Buyback Buyback record date is Oct 27, 2021.

 eClerx Services Ltd.Goldiam International Ltd.
Record DateSep 30, 2021Oct 27, 2021
Offer Open DateOct 18, 2021Nov 26, 2021
Offer Closure DateNov 01, 2021Dec 09, 2021
Last date for receipt of tender formsNov 01, 2021Dec 09, 2021
Finalisation of buybackNov 08, 2021Dec 17, 2021
Last Date for settlment of bidsNov 09, 2021Dec 20, 2021
Last Date for extinguishment of sharesNov 12, 2021Dec 27, 2021

Financial Details and Other Relevent Information

Comparison of eClerx Services Limited Buyback and Goldiam International Buyback 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.Goldiam International Ltd.
Financial
Summary of financial Information standalone)
Particulars For the year/period ended (Rs. in Millions)
31-Mar-21 31-Mar-20 31-Mar-19
Total Income 12,367.85 11,741.68 11,956.43
Profit After Tax 2,389.04 1,235.71 2,096.13
Net Worth 12,536.81 11,113.07 13,052.03
Summary of financial Information standalone)
Particulars For the year/period ended (Rs. in Millions)
  31-Mar-21 31-Mar-20 31-Mar-19
Total Income 2,335.92 1,728.06 1,806.41
Profit After Tax 305.13 190.42 195.79
Stock price at BSE

Stock price at BSE (in preceding 3 months)

Month High Price Low Price Average Price
Aug-2021 2395.05 1977.35 2214.97
Jul-2021 2314.00 1950.00 2146.70
Jun-2021 1915.30 1231.50 1592.23

Stock price at BSE (in preceding 3 months)

Month High Price Low Price Average Price
Sep-2021 1074.00 710.80 861.61
Aug-2021 790.00 584.30 690.16
Jul-2021 620.00 441.00 554.36
Stock price at NSE

Stock price at NSE (in preceding 3 months)

Month High Price Low Price Average Price
Aug-2021 2392.80 1951.05 2212.54
Jul-2021 2279.80 1955.00 2147.26
Jun-2021 1938.55 1231.05 1594.74

Stock price at NSE (in preceding 3 months)

Month High Price Low Price Average Price
Sep-2021 1075.00 712.90 861.47
Aug-2021 789.00 595.00 690.09
Jul-2021 617.00 441.00 554.57

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eClerx Services Limited Buyback and Goldiam International Buyback