ProStocks Logo
Unlimited Trades ₹899 Monthly
www.ProStocks.com
Contact us

eClerx Services Buyback 2022 vs Softsol India Buyback 2022

Comparison between eClerx Services Buyback 2022 and Softsol India Buyback 2022.

Buyback Details

eClerx Services Buyback 2022 is a Tender Offer buyback proposed to list at BSE, NSE while Softsol India Buyback 2022 is a Tender Offer proposed to list at BSE.

 eClerx Services Ltd.Softsol India Ltd.
LogoeClerx Services Buyback 2022 LogoSoftsol India Buyback 2022 Logo
Type of BuybackTender OfferTender Offer
Listing AtBSE, NSEBSE
Face Value₹10 per share₹10 per share
Buyback Price₹1750 per share₹170 per share
Issue Size17,14,285 shares20,58,824 shares
Issue Size (Amount)₹300.00 Crores₹35.00 Crores
Buyback Ratio
CategoryEntitlement Ratio of BuybackShares Offered
Reserved Category for Small Shareholders7 Equity Shares out of every 46 Fully paid-up Equity Shares held on the Record Date.257,143.00
General Category for all other Eligible Shareholders6 Equity Shares out of every 202 Fully paid-up Equity Shares held on the Record Date.1,457,142.00
CategoryEntitlement Ratio of BuybackShares Offered
Reserved Category for Small Shareholders9 Equity Shares out of every 11 Fully paid-up Equity Shares held on the Record Date.308,824.00
General Category for all other Eligible Shareholders5 Equity Shares out of every 47 Fully paid-up Equity Shares held on the Record Date.1,750,000.00
RegistrarKfin Technologies Ltd.Kfin Technologies Ltd.
Lead ManagersEmkay Global Financial Services Ltd.Akasam Consulting Pvt.Ltd.
Necessity of the buyback

The Buy Back is being proposed by the company for fulfilling the following objectives:

  1. The Buy Back will help the Company to return surplus cash to its shareholders holding Equity Shares broadly in proportion to their shareholding, thereby, enhancing the overall return to the shareholders.
  2. The Buy Back may help in improving return on equity due to reduction in the equity base, thereby leading to long term increase in shareholder value.
  3. The Buy Back will help in achieving an optimal capital structure.

The Buyback is being undertaken for the following reasons:

  1. The Buyback will help the Company to return surplus cash to its shareholders holding Equity Shares broadly in proportion to their shareholding, thereby, enhancing the overall return to shareholders.
  2. The Buyback may help improve return on equity by reducing the equity base, thereby leading to a long-term increase in shareholders' value.

Buyback Timetable

eClerx Services Buyback 2022 and Softsol India Buyback 2022 buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. eClerx Services Buyback 2022 Buyback record date is Dec 27, 2022. Softsol India Buyback 2022 Buyback record date is Jan 13, 2023.

 eClerx Services Ltd.Softsol India Ltd.
Record DateDec 27, 2022Jan 13, 2023
Offer Open DateFeb 03, 2023Mar 03, 2023
Offer Closure DateFeb 16, 2023Mar 17, 2023
Last date for receipt of tender formsFeb 16, 2023Mar 17, 2023
Finalisation of buybackFeb 23, 2023Mar 21, 2023
Last Date for settlment of bidsFeb 24, 2023Mar 23, 2023
Last Date for extinguishment of sharesMar 01, 2023Mar 30, 2023

Financial Details and Other Relevent Information

Comparison of eClerx Services Buyback 2022 and Softsol India Buyback 2022 financial data. The table below also includes a list of all relevant information like Stock Market Data, Compay Information, Lead Manager and Registrar.

 eClerx Services Ltd.Softsol India Ltd.
Financial
eClerx Services Limited Financial Information (Consolidated)
Period EndedTotal RevenueProfit After TaxNet Worth
31-Mar-201174.17123.571111.31
31-Mar-211230.36238.791182.62
31-Mar-221571.86354.91174.53
Amount in ₹ Crore
Softsol India Limited Financial Information (Restated)
Period EndedTotal RevenueProfit After TaxNet WorthReserves and Surplus
31-Mar-2027.737.72140.35123.11
31-Mar-2126.7910.85151.36134.12
31-Mar-2226.764.33162.17144.93
Amount in ₹ Crore
Stock price at BSE

Stock price at BSE (in preceding 3 months)

Month High Price Low Price Average Price
Nov-2022 1494.25 1297.85 1395.80
Oct-2022 1499.45 1254.15 1336.66
Sep-2022 1545.90 1420.70 1473.07

Stock price at BSE (in preceding 3 months)

Month High Price Low Price Average Price
Nov-2022 399.00 349.95 371.61
Oct-2022 389.60 366.45 378.66
Sep-2022 381.30 341.00 364.85
Stock price at NSE

Stock price at NSE (in preceding 3 months)

Month High Price Low Price Average Price
Nov-2022 1494.90 1293.00 1395.38
Oct-2022 1500.00 1254.00 1336.53
Sep-2022 1545.00 1420.00 1472.99

Stock price at NSE (in preceding 3 months)

Month High Price Low Price Average Price
Nov-2022 398.70 346.00 371.75
Oct-2022 388.00 367.95 379.02
Sep-2022 382.00 350.80 365.25

Compare with others

eClerx Services Ltd.Softsol India Ltd.
Cosmo First BuybackBajaj Consumer Care Buyback
Jenburkt Pharmaceuticals BuybackFreshtrop Fruits Buyback 2022
Indian Energy Exchange BuybackCosmo First Buyback
Softsol India Buyback 2022Jenburkt Pharmaceuticals Buyback
Tips Industries Buyback 2022Indian Energy Exchange Buyback
Technocraft Industries Buyback 2022Tips Industries Buyback 2022
Triveni Engineering Buyback 2022eClerx Services Buyback 2022
Balrampur Chini Buyback 2022Technocraft Industries Buyback 2022
Windlas Biotech Buyback 2022Triveni Engineering Buyback 2022
Orbit Exports BuybackBalrampur Chini Buyback 2022

Compare:

eClerx Services Buyback 2022 and Softsol India Buyback 2022