Birlasoft Limited Buyback vs CL Educate Buyback

Comparision between Birlasoft Limited Buyback and CL Educate Buyback.

Buyback Details

Birlasoft Limited Buyback is a Tender Offer buyback proposed to list at BSE, NSE while CL Educate Buyback is a Open Market Through Stock Exchange proposed to list at BSE, NSE.

Birlasoft Limited

CL Educate Limited

Logo

Type of Buyback

Tender Offer

Open Market Through Stock Exchange

Listing At

BSE, NSE

Face Value

₹2 per share

₹5 per share

Buyback Price

₹500 per share

₹170 per share

Issue Size

78,00,000 shares

Issue Size (Amount)

₹390.00 Crores

₹10.00 Crores

Buyback Ratio

Category	Entitlement Ratio of Buyback
Reserved Category for Small Shareholders	26 Equity Share out of every 557 Fully paid-up Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders	26 Equity Shares out of every 557 Fully paid-up Equity Shares held on the Record Date.

Registrar

Link Intime India Private Ltd

Kfin Technologies Limited

Lead Managers

Kotak Mahindra Capital Company Limited

V B Desai Financial Services Limited

Necessity of the buyback

The buyback is being undertaken for the following reasons:

1. The Buyback will help the Company to distribute surplus cash to its members holding Equity Shares thereby enhancing the overall return for them.

2. The Buyback is generally expected to improve return on equity through the distribution of cash and improve earnings per share by the reduction in the equity base of the Company, thereby leading to a long-term increase in shareholders' value.

The Buyback is being undertaken, inter-alia, for the following reasons:

1. The Buyback will help the Company to return surplus cash to its shareholders holding Equity Shares.

2. The Buyback may help in improving return on equity.

Buyback Timetable

Birlasoft Limited Buyback and CL Educate Buyback buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. Birlasoft Limited Buyback Buyback record date is Jul 15, 2022. CL Educate Buyback Buyback record date is .

	Birlasoft Limited	CL Educate Limited
Record Date	Jul 15, 2022
Offer Open Date	Aug 11, 2022	May 27, 2022
Offer Closure Date	Aug 26, 2022	Jul 29, 2022
Last date for receipt of tender forms	Aug 26, 2022
Finalisation of buyback	Sep 06, 2022
Last Date for settlment of bids	Sep 07, 2022
Last Date for extinguishment of shares	Sep 14, 2022

Financial Details and Other Relevent Information

Comparison of Birlasoft Limited Buyback and CL Educate Buyback financial data. The table below also includes a list of all relevant information like Stock Market Data, Compay Information, Lead Manager and Registrar.

Birlasoft Limited

CL Educate Limited

Financial

Summary of financial Information (Consolidated)
Particulars	For the year/period ended (Rs. in Million)
	31-Mar-22	31-Mar-21	31-Mar-20
Total Income	41,965.5	35,747	33,339.6
Profit After Tax	4,636.4	3,208.3	2,243.5
Net Worth	25,830.5	21,799.3	18,924.2

Summary of financial Information (Consolidated)
Particulars	For the year/period ended (Rs. in Lakhs)
	31-Mar-22	31-Mar-21	31-Mar-20
Total Income	21,616.38	19,190.57	32,398.03
Profit After Tax	1,379.06	-1,260.28	-5,480.91
Net Worth	26,163.49	24,710.89	25,920.40
Reserves and Surplus	24,746.92	23,294.32	24,503.83

Stock price at BSE

Stock price at BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Jun-2022	390.30	316.35	356.09
May-2022	418.85	336.55	377.49
Apr-2022	501.65	405.20	447.59

Stock price at BSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Apr-2022	170.30	118.10	147.40
Mar-2022	145.70	113.00	131.16
Feb-2022	137.00	98.55	112.83

Stock price at NSE

Stock price at NSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Jun-2022	390.50	316.45	356.16
May-2022	419.10	338.25	377.50
Apr-2022	501.60	405.10	447.64

Stock price at NSE (in preceding 3 months)

Month	High Price	Low Price	Average Price
Apr-2022	170.25	118.50	144.33
Mar-2022	146.00	110.00	129.45
Feb-2022	137.95	98.00	116.31

Compare with others

Birlasoft Limited	CL Educate Limited
Techno Electric Buyback	Marksans Pharma Buyback
Marksans Pharma Buyback	Bajaj Auto Buyback
Bajaj Auto Buyback	Route Mobile Buyback
Route Mobile Buyback	Avonmore Capital Buyback
Avonmore Capital Buyback	Birlasoft Limited Buyback
CL Educate Buyback	Cigniti Technologies Buyback
Cigniti Technologies Buyback	Zydus Lifesciences Buyback
Zydus Lifesciences Buyback	Asahi Songwon Colors Buyback
Asahi Songwon Colors Buyback	Motilal Oswal Financial Services Buyback
Motilal Oswal Financial Services Buyback	Matrimony.com Buyback

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