Infosys Buyback 2022 vs SP Apparels Buyback

Comparision between Infosys Buyback 2022 and SP Apparels Buyback.

Buyback Details

Infosys Buyback 2022 is a Open Market Through Stock Exchange buyback proposed to list at BSE, NSE while SP Apparels Buyback is a Tender Offer proposed to list at BSE, NSE.

Infosys Limited

S.P. Apparels Ltd

Logo

Type of Buyback

Open Market Through Stock Exchange

Tender Offer

Listing At

BSE, NSE

Face Value

₹5 per share

₹10 per share

Buyback Price

₹1850 per share

₹585 per share

Issue Size

6,00,000 shares

Issue Size (Amount)

₹9,300.00 Crores

₹35.10 Crores

Buyback Ratio

Category	Entitlement Ratio of Buyback
Reserved Category for Small Shareholders	2 Equity Share out of every 27 Fully paid-up Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders	1 Equity Shares out of every 48 Fully paid-up Equity Shares held on the Record Date.

Registrar

Kfin Technologies Limited

Link Intime India Private Ltd

Lead Managers

Kotak Mahindra Capital Company Limited

Motilal Oswal Investment Advisors Limited

Necessity of the buyback

The Buyback is being undertaken for the following reasons:

i. The Buyback will help the Company to return surplus cash to its members, in line with the Capital Allocation Policy.

ii. The Buyback is generally expected to improve return on equity through distribution of cash and improve earnings per share by reduction in the equity base in the long term, thereby leading to long-term increase in members' value

The Buyback is being undertaken for the following reasons:

The Buyback will help the Company to distribute surplus cash to its shareholders holding Equity Shares thereby, enhancing the overall return to shareholders.

The Buyback is generally expected to improve return on equity through the distribution of cash and improve earnings per share by a reduction in the equity base of the Company, thereby leading to a long term increase in shareholders' value.

Buyback Timetable

Infosys Buyback 2022 and SP Apparels Buyback buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. Infosys Buyback 2022 Buyback record date is . SP Apparels Buyback Buyback record date is Oct 07, 2022.

	Infosys Limited	S.P. Apparels Ltd
Record Date		Oct 07, 2022
Offer Open Date	Dec 07, 2022	Nov 03, 2022
Offer Closure Date	Feb 13, 2023	Nov 17, 2022
Last date for receipt of tender forms		Nov 17, 2022
Finalisation of buyback		Nov 25, 2022
Last Date for settlment of bids		Nov 28, 2022
Last Date for extinguishment of shares		Dec 05, 2022

Financial Details and Other Relevent Information

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

Infosys Limited

S.P. Apparels Ltd

Financial

Infosys Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus
31-Mar-20	92768	93594	16639	65450	63328
31-Mar-21	108386	102673	19423	76351	74227
31-Mar-22	117885	123936	22146	75350	73252
Amount in ₹ Crore

S.P. Apparels Ltd Financial Information (Restated)
Period Ended	Total Revenue	Profit After Tax	Net Worth	Total Borrowing
31-Mar-20	832.67	46.92	523.22	226.25
31-Mar-21	653.69	43.17	558.38	194.15
31-Mar-22	868.92	84.69	637.77	231.31
Amount in ₹ Crore

Stock price at BSE

Stock price at BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Jun-2022	1555.05	1367.20	1463.00
Jul-2022	1555.00	1410.90	1484.98
Aug-2022	1631.00	1450.00	1567.17

Stock price at BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Aug-2022	463.50	376.10	428.72
Jul-2022	414.00	359.40	377.24
Jun-2022	397.50	326.00	359.89

Stock price at NSE

Stock price at NSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Jun-2022	1555.00	1367.15	1462.88
Jul-2022	1555.70	1410.65	1485.00
Aug-2022	1631.35	1450.00	1567.30

Stock price at NSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Aug-2022	463.75	375.30	428.64
Jul-2022	414.90	360.00	377.40
Jun-2022	398.00	326.05	359.84

Compare with others

Infosys Limited	S.P. Apparels Ltd
Triveni Turbine Buyback	Dhanuka Agritech Buyback
Dhanuka Agritech Buyback	Kaveri Seed Buyback 2022
Kaveri Seed Buyback 2022	Garware Technical Fibres Buyback
Garware Technical Fibres Buyback	International Conveyors Buyback
International Conveyors Buyback	Infosys Buyback 2022
SP Apparels Buyback	Shyam Century Ferrous Buyback
Shyam Century Ferrous Buyback	Tanla Platforms Buyback 2022
Tanla Platforms Buyback 2022	Mindteck India Buyback
Mindteck India Buyback	ACC Limited Buyback
ACC Limited Buyback	SIS Limited Buyback

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