Nucleus Software Buyback vs Weizmann Buyback

Comparision between Nucleus Software Buyback and Weizmann Buyback.

Buyback Details

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

Nucleus Software Exports Ltd.

Weizmann Limited

Logo

Type of Buyback

Tender Offer

Listing At

BSE, NSE

Face Value

₹10 per share

Buyback Price

₹700 per share

₹60 per share

Issue Size

22,67,400 shares

14,12,515 shares

Issue Size (Amount)

₹158.72 Crores

₹8.48 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	35 Equity Shares out of every 284 shares held on the record date.
General Category for all other Eligible Shareholders	43 Equity Shares out of every 557 shares held on the record date.

Registrar

Kfin Technologies Limited

Bigshare Services Pvt Ltd

Lead Managers

Corporate Professionals Capital Private Ltd

Keynote 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) Distribute surplus funds to shareholders and thereby enhance their overall return.
ii) Improve financial ratios like Earnings per share (EPS), Return on assets (ROA) and Return on Equity (ROE).

Buyback Timetable

Nucleus Software Buyback and Weizmann 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. Weizmann Buyback Buyback record date is Dec 10, 2021.

	Nucleus Software Exports Ltd.	Weizmann Limited
Record Date	Nov 27, 2021	Dec 10, 2021
Offer Open Date	Jan 03, 2022	Jan 13, 2022
Offer Closure Date	Jan 14, 2022	Jan 27, 2022
Last date for receipt of tender forms	Jan 14, 2022	Jan 27, 2022
Finalisation of buyback	Jan 20, 2022	Feb 04, 2022
Last Date for settlment of bids	Jan 25, 2022	Feb 07, 2022
Last Date for extinguishment of shares	Feb 01, 2022	Feb 14, 2022

Financial Details and Other Relevent Information

Comparison of Nucleus Software Buyback and Weizmann 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.

Weizmann 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 Consolidated)
Particulars	For the year/period ended (Rs. in Millions)
	30-Sep-21	31-Mar-21	31-Mar-20	31-Mar-19
Total Income	464.21	982.82	964.82	1,066.67
Profit After Tax	-0.89	49.22	43.20	85.69

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
Nov-2021	55.70	50.50	52.86
Oct-2021	65.00	45.75	54.26
Sep-2021	51.65	46.00	47.95

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
Nov-2021	55.50	50.60	52.90
Oct-2021	64.40	46.10	54.10
Sep-2021	50.85	45.40	47.89

Compare with others

Nucleus Software Exports Ltd.	Weizmann Limited
Weizmann Buyback	TCS Buyback
MOIL Buyback	James Warren Tea Buyback
MPS Buyback	Great Eastern Shipping Buyback
AksharChem India Buyback	Ajanta Pharma Buyback
S H Kelkar Buyback	Cheviot Company Buyback
Goldiam International Buyback	MOIL Buyback
eClerx Services Limited Buyback	MPS Buyback
Rishiroop Limited Buyback	AksharChem India Buyback
Mahalaxmi Rubtech Buyback	S H Kelkar Buyback
Star Cement Buyback	Nucleus Software Buyback

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