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Infosys Buyback vs Kaveri Seed Buyback

Comparision between Infosys Buyback and Kaveri Seed Buyback.

Buyback Details

Infosys Buyback is a Open Market Through Stock Exchange buyback proposed to list at BSE, NSE while Kaveri Seed Buyback is a Open Market Through Stock Exchange proposed to list at BSE, NSE.

  Infosys Limited Kaveri Seed Company Limited
Logo Infosys Buyback Logo Kaveri Seed Buyback Logo
Type of Buyback Open Market Through Stock Exchange Open Market Through Stock Exchange
Listing At BSE, NSE BSE, NSE
Face Value ₹5 per share ₹2 per share
Buyback Price ₹1750 per share ₹850 per share
Issue Size
Issue Size (Amount) ₹9,200.00 Crores ₹120.00 Crores
Buyback Ratio
Registrar Kfin Technologies Limited Bigshare Services Pvt Ltd
Lead Managers Kotak Mahindra Capital Company Limited Bajaj Capital Limited
Necessity of the buyback

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.

The Buyback aims to :
i) Help the company return surplus cash to its shareholders holding Equity.
ii) Improve return on equity, by reduction in the equity base, thereby leading to long term increase in shareholders’ value.
iii) Give an option to the shareholders holding Equity Shares of the Company, who can choose to participate and get cash in lieu of Equity Shares to be accepted under the Buyback offer or they may choose not to participate and enjoy a resultant increase in their percentage shareholding, post the Buyback offer, without additional investment.

Buyback Timetable

Infosys Buyback and Kaveri Seed Buyback buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. Infosys Buyback Buyback record date is . Kaveri Seed Buyback Buyback record date is .

  Infosys Limited Kaveri Seed Company Limited
Record Date
Offer Open Date Jun 25, 2021 Sep 02, 2021
Offer Closure Date Dec 24, 2021 Mar 01, 2022
Last date for receipt of tender forms
Finalisation of buyback
Last Date for settlment of bids
Last Date for extinguishment of shares

Financial Details and Other Relevent Information

Comparison of Infosys Buyback and Kaveri Seed 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 Kaveri Seed Company Limited
Financial
Summary of financial Information (consolidated)
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
Summary of financial Information (standalone)
Particulars For the year/period ended (Rs. in Crores)
31-Mar-21 31-Mar-20 31-Mar-19
Total Income 1,034.99 929.81 811.85
Profit After Tax 305.31 251.26 214.72
Net Worth 1,262.07 981.85 1,012.95
Reserves and Surplus 1,250.00 969.78 1,000.33
Stock price at BSE

Stock price at BSE (in preceding 3 months)

Month High Price Low Price Average Price
May-2021 1415.50 1311.80 1353.04
Apr-2021 1480.00 1320.35 1379.54
Mar-2021 1406.25 1259.70 1349.16

Stock price at BSE (in preceding 3 months)

Month High Price Low Price Average Price
Jul-2021 787.85 680.15 733.67
Jun-2021 747.15 639.00 712.07
May-2021 815.85 592.00 727.75
Stock price at NSE

Stock price at NSE (in preceding 3 months)

Month High Price Low Price Average Price
May-2021 1416.25 1311.30 1352.94
Apr-2021 1477.55 1320.00 1379.59
Mar-2021 1406.00 1259.00 1349.14

Stock price at NSE (in preceding 3 months)

Month High Price Low Price Average Price
Jul-2021 781.90 680.65 736.85
Jun-2021 747.95 675.00 711.16
May-2021 816.65 595.25 732.60

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