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Comparision between Nucleus Software Buyback 2024 and Vls Finance Buyback 2024.
Nucleus Software Buyback 2024 is a Tender Offer buyback proposed to list at BSE, NSE while Vls Finance Buyback 2024 is a Tender Offer proposed to list at BSE, NSE.
Nucleus Software Exports Ltd. | Vls Finance Ltd. | |||||||||||||||||||
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Type of Buyback | Tender Offer | Tender Offer | ||||||||||||||||||
Listing At | BSE, NSE | BSE, NSE | ||||||||||||||||||
Face Value | ₹10 per share | ₹10 per share | ||||||||||||||||||
Buyback Price | ₹1615 per share | ₹380 per share | ||||||||||||||||||
Issue Size | 4,48,018 shares | 33,00,000 shares | ||||||||||||||||||
Issue Size (Amount) | ₹72.35 Crores | ₹125.40 Crores | ||||||||||||||||||
Buyback Ratio |
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Registrar | Kfin Technologies Limited | Rcmc Share Registry Private Limited | ||||||||||||||||||
Lead Managers | Corporate Professionals Capital Private Ltd | New Berry Capitals Private Limited | ||||||||||||||||||
Necessity of the buyback | The current Buyback is a capital allocation decision taken to seek a fairer valuation of the Company's stock while improving the Company's Return on Equity and increasing shareholder value in the longer term. The Buyback is being undertaken by the Company after taking into account the strategic and operational cash needs of the Company in the medium term and thereby returning surplus funds to the equity shareholders, which are over and above its ordinary capital requirements and over any current investment plans, in an expedient, effective and cost-efficient manner. The Buyback is being undertaken for the following reasons:
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Having regards to the healthy cash flows that the Company has been able to consistently generate, the future projected cash flows of the Company and the anticipated funds required for capital expenditure and working capital to meet the expected future growth of the Company, the Buy-back is expected to achieve the following objectives:
The Buy Back, which is being implemented through the Tender Offer as prescribed under the SEBI Buy Back Regulations, would involve allocation of 15% of number of Equity Shares that the Company proposes to Buy Back or several Equity Shares entitled as per the shareholding of Small Shareholders, whichever is higher, to Small Shareholders. The Company believes that this reservation of 15% for The Buyback gives the shareholders holding Equity Shares of the Company the option to either (i) participate and receive cash instead of Equity Shares to be accepted under the Buyback Offer or (ii) choose not to participate and enjoy a resultant increase in their percentage shareholding post-buyback Offer without additional investment. |
Nucleus Software Buyback 2024 and Vls Finance Buyback 2024 buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. Nucleus Software Buyback 2024 Buyback record date is Sep 03, 2024. Vls Finance Buyback 2024 Buyback record date is Aug 26, 2024.
Nucleus Software Exports Ltd. | Vls Finance Ltd. | |
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Record Date | Sep 03, 2024 | Aug 26, 2024 |
Offer Open Date | Sep 09, 2024 | Aug 30, 2024 |
Offer Closure Date | Sep 13, 2024 | Sep 05, 2024 |
Last date for receipt of tender forms | Sep 13, 2024 | Sep 05, 2024 |
Finalisation of buyback | Sep 20, 2024 | Sep 12, 2024 |
Last Date for settlment of bids | Sep 23, 2024 | Sep 13, 2024 |
Last Date for extinguishment of shares | Oct 03, 2024 | Sep 23, 2024 |
Comparison of Nucleus Software Buyback 2024 and Vls Finance Buyback 2024 financial data. The table below also includes a list of all relevant information like Stock Market Data, Compay Information, Lead Manager and Registrar.
Nucleus Software Exports Ltd. | Vls Finance Ltd. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Financial | Nucleus Software Exports Ltd. Financial Information (Restated Consolidated)Nucleus Software Exports Ltd.'s revenue increased by 31% and profit after tax (PAT) rose by 50% between the financial year ending with March 31, 2024 and March 31, 2023.
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Vls Finance Ltd. Financial Information (Restated Consolidated)Vls Finance Ltd.'s revenue increased by 395% and profit after tax (PAT) rose by 479% between the financial year ending with March 31, 2024 and March 31, 2023.
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Stock price at BSE | Stock price at BSE (in preceding 3 months)
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Stock price at BSE (in preceding 3 months)
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Stock price at NSE | Stock price at NSE (in preceding 3 months)
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Stock price at NSE (in preceding 3 months)
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