Nucleus Software Buyback vs Star Cement Buyback

Comparision 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 Limited

Logo

Type of Buyback

Tender Offer

Listing At

BSE, NSE

Face Value

₹10 per share

₹1 per share

Buyback Price

₹700 per share

₹150 per share

Issue Size

22,67,400 shares

82,48,580 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.

Registrar

Kfin Technologies Limited

Maheshwari Datamatics Pvt. Ltd

Lead Managers

Corporate Professionals Capital Private 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 Limited
Record Date	Nov 27, 2021	Aug 26, 2021
Offer Open Date	Jan 03, 2022	Sep 22, 2021
Offer Closure Date	Jan 14, 2022	Oct 05, 2021
Last date for receipt of tender forms	Jan 14, 2022	Oct 07, 2021
Finalisation of buyback	Jan 20, 2022	Oct 13, 2021
Last Date for settlment of bids	Jan 25, 2022	Oct 14, 2021
Last Date for extinguishment of shares	Feb 01, 2022	Oct 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 Limited

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

Compare with others

Nucleus Software Exports Ltd.	Star Cement Limited
Weizmann Buyback	Nucleus Software Buyback
MOIL Buyback	Goldiam International Buyback
MPS Buyback	eClerx Services Limited Buyback
AksharChem India Buyback	Rishiroop Limited Buyback
S H Kelkar Buyback	Mahalaxmi Rubtech Buyback
Goldiam International Buyback	Gandhi Special Tubes Limited Buyback
eClerx Services Limited Buyback	Shriram Pistons & Rings Buyback
Rishiroop Limited Buyback	Rsystems Buyback
Mahalaxmi Rubtech Buyback	Kaveri Seed Buyback
Star Cement Buyback	Balrampur Chini Mills Buyback

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