Infosys Buyback 2022 vs SP Apparels Buyback

Comparison between Infosys Buyback 2022 and SP Apparels Buyback.

Buyback Details

Infosys Buyback 2022 is a Open Market Through Stock Exchange buyback proposed to list at BSE, NSE while SP Apparels Buyback is a Tender Offer proposed to list at BSE, NSE.

 Infosys Ltd.S.P. Apparels Ltd
LogoInfosys Buyback 2022 LogoSP Apparels Buyback Logo
Type of BuybackOpen Market Through Stock ExchangeTender Offer
Listing AtBSE, NSEBSE, NSE
Face Value₹5 per share₹10 per share
Buyback Price₹1850 per share₹585 per share
Issue Size6,00,000 shares
Issue Size (Amount)₹9,300.00 Crores₹35.10 Crores
Buyback Ratio
Category Entitlement Ratio of Buyback
Reserved Category for Small Shareholders 2 Equity Share out of every 27 Fully paid-up Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders 1 Equity Shares out of every 48 Fully paid-up Equity Shares held on the Record Date.
RegistrarKfin Technologies Ltd.MUFG Intime India Pvt.Ltd.
Lead ManagersKotak Mahindra Capital Co.Ltd.Motilal Oswal Investment Advisors Ltd.
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 reasons:

  • The Buyback will help the Company to distribute surplus cash to its shareholders holding Equity Shares thereby, enhancing the overall return to shareholders.
  • The Buyback is generally expected to improve return on equity through the distribution of cash and improve earnings per share by a reduction in the equity base of the Company, thereby leading to a long term increase in shareholders' value.
  • Buyback Timetable

    Infosys Buyback 2022 and SP Apparels 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 . SP Apparels Buyback Buyback record date is Oct 07, 2022.

     Infosys Ltd.S.P. Apparels Ltd
    Record DateOct 07, 2022
    Offer Open DateDec 07, 2022Nov 03, 2022
    Offer Closure DateFeb 13, 2023Nov 17, 2022
    Last date for receipt of tender formsNov 17, 2022
    Finalisation of buybackNov 25, 2022
    Last Date for settlment of bidsNov 28, 2022
    Last Date for extinguishment of sharesDec 05, 2022

    Financial Details and Other Relevent Information

    Comparison of Infosys Buyback 2022 and SP Apparels 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 Ltd.S.P. Apparels Ltd
    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
    S.P. Apparels Ltd Financial Information (Restated)
    Period EndedTotal RevenueProfit After TaxNet WorthTotal Borrowing
    31-Mar-20832.6746.92523.22226.25
    31-Mar-21653.6943.17558.38194.15
    31-Mar-22868.9284.69637.77231.31
    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
    Aug-2022 463.50 376.10 428.72
    Jul-2022 414.00 359.40 377.24
    Jun-2022 397.50 326.00 359.89
    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
    Aug-2022 463.75 375.30 428.64
    Jul-2022 414.90 360.00 377.40
    Jun-2022 398.00 326.05 359.84

    Compare with others

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    Infosys Buyback 2022 and SP Apparels Buyback