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Infosys Buyback 2022 vs Mindteck India Buyback

Comparision between Infosys Buyback 2022 and Mindteck India Buyback.

Buyback Details

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

  Infosys Limited Mindteck (India) Limited
Logo Infosys Buyback 2022 Logo Mindteck India 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 ₹10 per share
Buyback Price ₹1850 per share ₹180 per share
Issue Size
Issue Size (Amount) ₹9,300.00 Crores ₹13.70 Crores
Buyback Ratio
Registrar Kfin Technologies Limited Universal Capital Securities Pvt. Ltd
Lead Managers Kotak Mahindra Capital Company Limited Vivro Financial Services Private 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 reason:

1. The Buy-back is being undertaken by the Company to return surplus funds to the equity shareholders of the Company. Additionally, the Company believes that the Buy-back will improve earnings per share by reduction in the equity base, thereby leading to long-term increase in the value of shareholders.

Buyback Timetable

Infosys Buyback 2022 and Mindteck India 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 . Mindteck India Buyback Buyback record date is .

  Infosys Limited Mindteck (India) Limited
Record Date
Offer Open Date Dec 07, 2022 Aug 24, 2022
Offer Closure Date Feb 13, 2023 Jan 30, 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 Mindteck India 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 Mindteck (India) 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
Mindteck (India) Limited Financial Information (Restated)
Period EndedTotal RevenueProfit After TaxNet Worth
31-Mar-20277.88-64.8129.63
31-Mar-21291.2710.86139.85
31-Mar-22303.8533.31175.5
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
Jul-2022 146.20 101.55 120.92
Jun-2022 129.90 96.30 112.22
May-2022 156.25 111.25 135.18
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
Jul-2022 145.60 101.25 120.80
Jun-2022 128.70 95.50 112.20
May-2022 156.00 111.00 134.99

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