Infosys Buyback vs SIS Buyback

Comparison between Infosys Buyback and SIS Buyback.

Buyback Details

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

 Infosys Ltd.SIS Ltd.
LogoInfosys Buyback LogoSIS Buyback Logo
Type of BuybackOpen Market Through Stock ExchangeTender Offer
Listing AtBSE, NSEBSE, NSE
Face Value₹5 per share₹5 per share
Buyback Price₹1750 per share₹550 per share
Issue Size18,18,181 shares
Issue Size (Amount)₹9,200.00 Crores₹100.00 Crores
Buyback Ratio
Category Entitlement Ratio of Buyback
Reserved Category for Small Shareholders 9 Equity Shares out of every 91 Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders 6 Equity Shares out of every 565 Equity Shares held on the Record Date.
RegistrarKfin Technologies Ltd.MUFG Intime India Pvt.Ltd.
Lead ManagersKotak Mahindra Capital Co.Ltd.ICICI Securities Ltd.
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) Return surplus cash to the shareholders and enhance overall return to the shareholders.
ii) Improve Return on Equity to enhance shareholder value in the long term.
iii) Improve Earnings per equity share and thus thereby enhance return on invested capital.

Buyback Timetable

Infosys Buyback and SIS 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 . SIS Buyback Buyback record date is Apr 09, 2021.

 Infosys Ltd.SIS Ltd.
Record DateApr 09, 2021
Offer Open DateJun 25, 2021May 12, 2021
Offer Closure DateDec 24, 2021May 27, 2021
Last date for receipt of tender formsMay 29, 2021
Finalisation of buybackJun 04, 2021
Last Date for settlment of bidsJun 07, 2021
Last Date for extinguishment of sharesJun 14, 2021

Financial Details and Other Relevent Information

Comparison of Infosys Buyback and SIS 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 Ltd.SIS Ltd.
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 (consolidated)
Particulars For the year/period ended (Rs. in Millions)
31-Mar-20 31-Mar-19 31-Mar-18
Total Income 30,407.96 25,250.05 21,426.48
Profit After Tax 863.28 1,192.61 730.11
Net Worth 7,579.71 7,284.10 6,064.51
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
Mar-2021 435.00 401.00 418.04
Feb-2021 465.00 396.05 421.39
Jan-2021 436.00 376.95 411.66
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
Mar-2021 435.30 400.10 417.97
Feb-2021 459.00 396.05 421.05
Jan-2021 433.75 385.00 411.73

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