FREE Account Opening + No Clearing Fees
Loading...

Infosys Buyback 2022 vs International Conveyors Buyback

Comparision between Infosys Buyback 2022 and International Conveyors Buyback.

Buyback Details

Infosys Buyback 2022 is a Open Market Through Stock Exchange buyback proposed to list at BSE, NSE while International Conveyors Buyback is a Open Market Through Stock Exchange proposed to list at BSE, NSE.

  Infosys Limited International Conveyors Limited
Logo Infosys Buyback 2022 Logo International Conveyors 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 ₹1 per share
Buyback Price ₹1850 per share ₹75 per share
Issue Size
Issue Size (Amount) ₹9,300.00 Crores ₹29.70 Crores
Buyback Ratio
Registrar Kfin Technologies Limited Maheshwari Datamatics Pvt. Ltd
Lead Managers Kotak Mahindra Capital Company Limited Keynote Financial Services Ltd
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 Board of Directors of the Company is of the view that the Buyback will help the Company effectively utilize its available surplus funds, which is in excess of the amount needed to be retained by the Company for the future growth.

Buyback Timetable

Infosys Buyback 2022 and International Conveyors 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 . International Conveyors Buyback Buyback record date is .

  Infosys Limited International Conveyors Limited
Record Date
Offer Open Date Dec 07, 2022 Nov 03, 2022
Offer Closure Date Feb 13, 2023 May 03, 2023
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 2022 and International Conveyors 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 International Conveyors Limited
Financial
Infosys Limited Financial Information (Restated)
Period EndedTotal AssetsTotal RevenueProfit After TaxNet WorthReserves and Surplus
31-Mar-209276893594166396545063328
31-Mar-21108386102673194237635174227
31-Mar-22117885123936221467535073252
Amount in ₹ Crore
International Conveyors Limited Financial Information (Restated)
Period EndedTotal AssetsTotal RevenueProfit After TaxTotal Borrowing
31-Mar-21227.92178.2416.6245.51
31-Mar-22305.13218.7116.1819.31
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
Sep-2022 65.50 54.95 60.19
Aug-2022 61.70 57.15 58.68
Jul-2022 61.20 56.20 58.20
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
Sep-2022 65.60 55.35 60.22
Aug-2022 61.70 57.30 58.72
Jul-2022 61.50 56.25 58.22

Comments

Add a public comment...