Nucleus Software Buyback vs Star Cement Buyback

Comparison between Nucleus Software Buyback and Star Cement Buyback.

Buyback Details

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

 Nucleus Software Exports Ltd.Star Cement Ltd.
LogoNucleus Software Buyback LogoStar Cement Buyback Logo
Type of BuybackTender OfferTender Offer
Listing AtBSE, NSEBSE, NSE
Face Value₹10 per share₹1 per share
Buyback Price₹700 per share₹150 per share
Issue Size22,67,400 shares82,48,580 shares
Issue Size (Amount)₹158.72 Crores₹123.73 Crores
Buyback Ratio
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.
Category Entitlement Ratio of Buyback
Reserved Category for Small Shareholders 6 Equity Shares out of every 47 fully paid-up Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders 2 Equity Shares out of every 115 fully paid-up Equity Shares held on the Record Date.
RegistrarKfin Technologies Ltd.Maheshwari Datamatics Pvt.Ltd.
Lead ManagersCorporate Professionals Capital Pvt.Ltd.Narnolia Financial Services 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) Return surplus cash to the shareholders, thereby, optimizing returns to the shareholders and enhancing the overall shareholders’ value.
ii) Improve Return on Equity, Earnings per share, enhance return on invested capital, and thereby enhance shareholder value in the long term.
iii) The Buyback will help in optimizing the capital structure.

Buyback Timetable

Nucleus Software Buyback and Star Cement Buyback buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. Nucleus Software Buyback Buyback record date is Nov 27, 2021. Star Cement Buyback Buyback record date is Aug 26, 2021.

 Nucleus Software Exports Ltd.Star Cement Ltd.
Record DateNov 27, 2021Aug 26, 2021
Offer Open DateJan 03, 2022Sep 22, 2021
Offer Closure DateJan 14, 2022Oct 05, 2021
Last date for receipt of tender formsJan 14, 2022Oct 07, 2021
Finalisation of buybackJan 20, 2022Oct 13, 2021
Last Date for settlment of bidsJan 25, 2022Oct 14, 2021
Last Date for extinguishment of sharesFeb 01, 2022Oct 21, 2021

Financial Details and Other Relevent Information

Comparison of Nucleus Software Buyback and Star Cement Buyback 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.Star Cement Ltd.
Financial
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
Summary of financial Information (standalone)
Particulars For the year/period ended (Rs.in Crores)
31-Mar-21 31-Mar-20 31-Mar-19
Total Income 1,685.16 1,801.33 1,734.88
Profit After Tax 157.27 218.70 255.89
Net Worth 1,268.45 1,111.17 1,044.87
Reserves and Surplus 1,227.20 1,069.93 1,002.95
Stock price at BSE

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 BSE (in preceding 3 months)

Month High Price Low Price Average Price
Jul-2021 119.00 107.00 111.73
Jun-2021 117.90 101.10 109.23
May-2021 115.00 98.00 106.07
Stock price at NSE

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

Stock price at NSE (in preceding 3 months)

Month High Price Low Price Average Price
Jul-2021 119.25 106.85 111.76
Jun-2021 117.95 101.05 109.30
May-2021 115.30 99.80 106.24

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