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September 20, 2021 - October 1, 2021

R Systems International Limited Buyback (Rsystems Buyback) Detail

Established in 1993, Rsystems is a global provider of AI-driven services and solutions to clients across industries. The company delivers its services and solutions to five major business verticals - Technology, Telecom, Healthcare & Life Science, Finance & Insurance, and Retail & E-commerce. The Company has a branch office in the U.S.A. including 25+ offices worldwide.

The company has a 3000+ workforce with more than 1000 clients.

Rsystems Buyback Detail

Issue PeriodSeptember 20, 2021 - October 1, 2021
Security NameR Systems International Limited
Issue TypeTender Offer
Issue Size (Shares)1,333,000
Issue Size (Amount)₹29.99 Crores
Buyback Price₹225 per share
Face Value₹1 per share
Listing AtBSE, NSE

Rsystems Buyback Issue Timetable

Record DateAugust 27, 2021
Offer Opens OnSeptember 20, 2021
Last Date for receipt of Tender FormsOctober 1, 2021
Offer Closes On *October 1, 2021
Finalisation of Buyback AcceptanceOctober 11, 2021
Last Date for settlment of bidsOctober 12, 2021
Last Date for Extinguishment of SharesOctober 19, 2021

Buyback Ratio

Category Entitlement Ratio of Buyback
Reserved Category for Small Shareholders 1 Equity Shares out of every 14 fully paid-up Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders 1 Equity Shares out of every 103 fully paid-up Equity Shares held on the Record Date.

Company Financials

Summary of financial Information (standalone)
Particulars For the year/period ended (Rs. in Millions)
31-Dec-20 31-Dec-19
Total Income 4,513.08 4,064.40
Profit After Tax 697.07 514.95
Net Worth 3,428.91 2,746.92
Reserves and Surplus 3,309.27 2,627.32

Stock price at BSE (in preceding 3 months)

Month High Price Low Price Average Price
Jul-2021 211.45 147.25 171.82
Jun-2021 167.00 130.00 143.13
May-2021 156.85 114.60 134.09

Stock price at NSE (in preceding 3 months)

Month High Price Low Price Average Price
Jul-2021 211.95 150.55 171.66
Jun-2021 167.00 130.45 143.06
May-2021 155.00 113.15 133.90

Necessity of the Issue

The Buyback aims to:
i) help the Company to distribute surplus cash to its shareholders holding Equity Shares broadly in proportion to their shareholding, thereby, enhancing the overall return to shareholders.
ii) in improving financial ratios like earnings per share and return on equity, by reducing the equity base of the Company.

Rsystems Buyback Documents

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Company Contact Information

R Systems International Limited
GF-1-A,
6, Devika Tower,
Nehru Place, New Delhi - 110019

Phone: +91 120-4303500
Email: rsil@rsystems.com
Website: http://www.rsystems.com/

Rsystems Buyback Registrar

  1. Link Intime India Private Ltd
       Link Intime India Private Ltd
       C 101, 247 Park, L.B.S.Marg,
       Vikhroli (West), Mumbai - 400083

    Phone: +91-22-4918 6270
    Email: rsystems.buyback2021@linkintime.co.in
    Website: https://linkintime.co.in/initial_offer/public-issues.html

Rsystems Buyback Manager

Lead Manager(s)

  1. Motilal Oswal Investment Advisors Limited

Registered Broker

  1. Motilal Oswal Financial Services Limited
    Email: ksharma@motilaloswal.com

Find Rsystems Buyback Latest Update

Rsystems Buyback FAQs

The Rsystems Buyback opens on September 20, 2021, and closes on October 1, 2021.

The Rsystems Buyback last day to buy is not available as of now.

The Rsystems Buyback is a Tender Offer.

Rsystems Buyback Schedule

Buyback Opening DateSeptember 20, 2021
Buyback Closing DateOctober 1, 2021
Last Date for receipt of Tender FormsOctober 1, 2021
Finalisation of Buyback AcceptanceOctober 11, 2021
Last Date for settlment of bidsOctober 12, 2021
Last Date for Extinguishment of SharesOctober 19, 2021

The Rsystems Buyback is being offered at Rs ₹225 per share per equity share.

Category Entitlement Ratio of Buyback
Reserved Category for Small Shareholders 1 Equity Shares out of every 14 fully paid-up Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders 1 Equity Shares out of every 103 fully paid-up Equity Shares held on the Record Date.

The record date for the Rsystems Buyback is August 27, 2021.

The issue size of Rsystems Buyback is of 1,333,000 equity shares at ₹225 per share aggregating upto ₹29.99 Crores.

The Buyback aims to:
i) help the Company to distribute surplus cash to its shareholders holding Equity Shares broadly in proportion to their shareholding, thereby, enhancing the overall return to shareholders.
ii) in improving financial ratios like earnings per share and return on equity, by reducing the equity base of the Company.

All the eligible Shareholders of the Company holding either Physical Shares or Demat Shares as on the Record Date can participate in the buyback offer through their Stock Broker.

The eligible shareholder holding the shares in Demat form needs to inform their broker the details of the Equity shares they wish to tender in the Buyback Offer. The shareholder needs to transfer the tendered shares to a Special account of the clearing corporation. The broker, in turn, would place an order on the stock exchange for the buyback.

The eligible shareholder holding the shares in physical form needs to approach their broker with original share certificates and supporting documents. Upon completion of document verification, the broker places an order on the stock exchange and submits the original share certificate and TRS to the registrar.

The tender form and TRS are optional in the case of Demat shares but mandatory in the case of physical shares.

The Rsystems Buyback offers an opportunity for the shareholders to exit their positions at a premium price. In case you stay invested you would have an increased percentage of shareholding in the company and improved earnings per share. Thus, one should understand the company fundamentals along with one's need, goals, and risk appetite to decide if one wants to stay invested or participate in the buyback offer.


2 Comments

2. Mit...     Link|September 16, 2021 9:46:16 PM
@ KAMMA SIVA RAMA KRISHNA SIR
Sirji, any updates regarding star cement buyback
2.1. KAMMA SIVA RAMA KRISHNA   I Like It. 1|  Link|October 17, 2021 2:06:58 AM
I hope that the resultant amount of the buyback of the shares is credited to your account already. Thank you.
1. BSC     Link|September 9, 2021 11:00:18 PM
Someone please explain ...If i held 20 shares on record date, i get entitled to render 1 share under buyback...Do i need to retain 19 shares or i can sell them anytime? Before 20 sept or after 1 october?
1.1. KAMMA SIVA RAMA KRISHNA     Link|September 15, 2021 10:45:41 PM
Acceptance rate will be better than Entitlement rate. Please submit all the twenty shares for buyback. The unaccepted shares will be subsequently credited to your d mat account. Then sell them according to your choice of price. If you still want to render only one share, yes you can. You can sell the balance of 19 shares at anytime even before 20/9 or even after 01/10 according to your choice. All the best.

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