MPS Buyback vs Nucleus Software Buyback

Comparison between MPS Buyback and Nucleus Software Buyback.

Buyback Details

MPS Buyback is a Tender Offer buyback proposed to list at BSE, NSE while Nucleus Software Buyback is a Tender Offer proposed to list at BSE, NSE.

 MPS Ltd.Nucleus Software Exports Ltd.
LogoMPS Buyback LogoNucleus Software Buyback Logo
Type of BuybackTender OfferTender Offer
Listing AtBSE, NSEBSE, NSE
Face Value₹10 per share₹10 per share
Buyback Price₹900 per share₹700 per share
Issue Size9,44,444 shares22,67,400 shares
Issue Size (Amount)₹85.00 Crores₹158.72 Crores
Buyback Ratio
Category Entitlement Ratio of Buyback
Reserved Category for Small Shareholders 15 Equity Shares out of every 82 Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders 2 Equity Shares out of every 43 Equity Shares held on the Record Date.
Category Entitlement Ratio of Buyback
Reserved Category for Small Shareholders 19 Equity shares out of every 123 fully paid up Equity shares held on the Record date.
General Category for all other Eligible Shareholders 27 Equity shares out of every 376 fully paid up Equity shares held on the Record date.
RegistrarCameo Corporate Services Ltd.Kfin Technologies Ltd.
Lead ManagersErnst & Young Merchant Banking Services LLPCorporate Professionals Capital Pvt.Ltd.
Necessity of the buyback

The Buyback aims to:
i) Distribute surplus funds to shareholders and thereby enhance their overall return.
ii) Improve financial ratios like earnings per share, return on capital employed, and return on equity, by reducing the equity base of the Company.

The Buyback aims to:
i) Distribute surplus funds to shareholders and thereby enhance their overall return.
ii) Improve financial ratios like earnings per share, return on capital employed, and return on equity, by reducing the equity base of the Company.

Buyback Timetable

MPS Buyback and Nucleus Software Buyback buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. MPS Buyback Buyback record date is Dec 17, 2021. Nucleus Software Buyback Buyback record date is Nov 27, 2021.

 MPS Ltd.Nucleus Software Exports Ltd.
Record DateDec 17, 2021Nov 27, 2021
Offer Open DateJan 14, 2022Jan 03, 2022
Offer Closure DateJan 28, 2022Jan 14, 2022
Last date for receipt of tender formsJan 31, 2022Jan 14, 2022
Finalisation of buybackFeb 08, 2022Jan 20, 2022
Last Date for settlment of bidsFeb 08, 2022Jan 25, 2022
Last Date for extinguishment of sharesFeb 15, 2022Feb 01, 2022

Financial Details and Other Relevent Information

Comparison of MPS Buyback and Nucleus Software Buyback financial data. The table below also includes a list of all relevant information like Stock Market Data, Compay Information, Lead Manager and Registrar.

 MPS Ltd.Nucleus Software Exports Ltd.
Financial
Summary of financial Information Consolidated)
Particulars For the year/period ended (Rs. in Millions)
  31-Mar-21 31-Mar-20 31-Mar-19
Total Income 4,324.2 3,516.3 3,878.0
Profit After Tax 585.6 598.6 760.4
Net Worth 3,747.5 3,583.8 4,695.0
Summary of financial Information (Standalone)
Particulars For the year/period ended (Rs. in Millions)
  30-Sep-21 31-March-21 31-March-20 31-March-19
Total Income 2,179.6 4,909.9 5,079.5 4,370.5
Profit After Tax 145.6 1,120.4 1,022.2 756.3
Net Worth 6,394.2 6,469.4 5,418.6 4,701.3
Reserves & Surplus 6,103.8 6,179.0 5,128.2 4,410.9
Stock price at BSE

Stock price at BSE (in preceding 3 months)

Month High Price Low Price Average Price
Nov-2021 746.30 674.45 709.27
Oct-2021 745.00 658.30 691.44
Sep-2021 734.00 657.50 695.77

Stock price at BSE (in preceding 3 months)

Month High Price Low Price Average Price
Oct-2021 611.35 574.05 586.15
Sep-2021 623.00 514.20 583.20
Aug-2021 698.05 514.05 594.63
Stock price at NSE

Stock price at NSE (in preceding 3 months)

Month High Price Low Price Average Price
Nov-2021 779.00 675.35 709.71
Oct-2021 746.60 636.05 691.20
Sep-2021 730.00 662.00 696.11

Stock price at NSE (in preceding 3 months)

Month High Price Low Price Average Price
Oct-2021 611.75 574.40 587.17
Sep-2021 623.35 514.15 587.67
Aug-2021 699.00 513.65 599.21

Compare with others

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MPS Buyback and Nucleus Software Buyback