Infosys Buyback 2022 vs Tanla Platforms Buyback 2022

Comparision between Infosys Buyback 2022 and Tanla Platforms Buyback 2022.

Buyback Details

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

Infosys Limited

Tanla Platforms Limited

Logo

Type of Buyback

Open Market Through Stock Exchange

Tender Offer

Listing At

BSE, NSE

Face Value

₹5 per share

₹1 per share

Buyback Price

₹1850 per share

₹1200 per share

Issue Size

14,16,667 shares

Issue Size (Amount)

₹9,300.00 Crores

₹170.00 Crores

Buyback Ratio

Category	Entitlement Ratio of Buyback
Reserved Category for Small Shareholders	17 Equity Share out of every 625 Fully paid-up Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders	11 Equity Shares out of every 1169 Fully paid-up Equity Shares held on the Record Date.

Registrar

Kfin Technologies Limited

Lead Managers

Kotak Mahindra Capital Company Limited

Hdfc Bank Limited

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

Buyback Timetable

Infosys Buyback 2022 and Tanla Platforms Buyback 2022 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 . Tanla Platforms Buyback 2022 Buyback record date is Oct 25, 2022.

	Infosys Limited	Tanla Platforms Limited
Record Date		Oct 25, 2022
Offer Open Date	Dec 07, 2022	Dec 20, 2022
Offer Closure Date	Feb 13, 2023	Jan 02, 2023
Last date for receipt of tender forms		Jan 02, 2023
Finalisation of buyback		Jan 10, 2023
Last Date for settlment of bids		Jan 11, 2023
Last Date for extinguishment of shares		Jan 18, 2023

Financial Details and Other Relevent Information

Comparison of Infosys Buyback 2022 and Tanla Platforms 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.

Infosys Limited

Tanla Platforms Limited

Financial

Infosys Limited Financial Information (Restated)
Period Ended	Total Assets	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus
31-Mar-20	92768	93594	16639	65450	63328
31-Mar-21	108386	102673	19423	76351	74227
31-Mar-22	117885	123936	22146	75350	73252
Amount in ₹ Crore

Tanla Platforms Limited Financial Information (Restated)
Period Ended	Total Revenue	Profit After Tax	Net Worth	Reserves and Surplus
31-Mar-20	1955.2	-211.17	701.73	687.14
31-Mar-21	2363.4	356.14	893.1	879.5
31-Mar-22	3222.1	539.28	1354.04	1340.47
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
Apr-2022	1638.20	1402.80	1501.19
May-2022	1503.65	1144.00	1278.79
Jun-2022	1447.00	938.50	1155.91

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
Apr-2022	893.80	710.20	779.44
May-2022	825.00	684.00	736.80
Jun-2022	1025.00	584.50	915.73

Compare with others

Infosys Limited	Tanla Platforms Limited
Triveni Turbine Buyback	Garware Technical Fibres Buyback
Dhanuka Agritech Buyback	International Conveyors Buyback
Kaveri Seed Buyback 2022	Infosys Buyback 2022
Garware Technical Fibres Buyback	SP Apparels Buyback
International Conveyors Buyback	Shyam Century Ferrous Buyback
SP Apparels Buyback	Mindteck India Buyback
Shyam Century Ferrous Buyback	ACC Limited Buyback
Tanla Platforms Buyback 2022	SIS Limited Buyback
Mindteck India Buyback	TCI Express Buyback
ACC Limited Buyback	Granules India Buyback

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