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Infosys Buyback vs Welspun India Buyback

Comparision between Infosys Buyback and Welspun India Buyback.

Buyback Details

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

  Infosys Limited Welspun India Limited
Logo Infosys Buyback Logo Welspun India Buyback Logo
Type of Buyback Open Market Through Stock Exchange Tender Offer
Listing At BSE, NSE BSE, NSE
Face Value ₹5 per share ₹1 per share
Buyback Price ₹1750 per share ₹120 per share
Issue Size 1,66,66,666 shares
Issue Size (Amount) ₹9,200.00 Crores ₹200.00 Crores
Buyback Ratio
Category Entitlement Ratio of Buyback
Reserved Category for Small Shareholders 43 Equity Shares out of every 469 fully paid-up Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders 1 Equity Shares out of every 69 fully paid-up Equity Shares held on the Record Date.
Registrar Kfin Technologies Limited Link Intime India Private Ltd
Lead Managers Kotak Mahindra Capital Company Limited Dam Capital Advisors Ltd (Formerly Idfc Securities Ltd)
Necessity of the buyback

The Buyback aims to :
i) Return surplus cash to the members.
ii) Improve Return on Equity and Earnings per share and thereby enhance shareholder value in the long term.

The Buyback aims to :
i) Return surplus cash to the shareholders and enhance overall return to the shareholders.
ii) Improve Return on Equity, Earnings per share, enhance return on invested capital, and thereby enhance shareholder value in the long term.

Buyback Timetable

Infosys Buyback and Welspun India Buyback buyback timetable. The investors should have the company's shares in their demat accounts as of the record date. Infosys Buyback Buyback record date is . Welspun India Buyback Buyback record date is May 26, 2021.

  Infosys Limited Welspun India Limited
Record Date May 26, 2021
Offer Open Date Jun 25, 2021 Jun 22, 2021
Offer Closure Date Dec 24, 2021 Jul 05, 2021
Last date for receipt of tender forms Jul 07, 2021
Finalisation of buyback Jul 13, 2021
Last Date for settlment of bids Jul 14, 2021
Last Date for extinguishment of shares Jul 21, 2021

Financial Details and Other Relevent Information

Comparison of Infosys Buyback and Welspun India Buyback 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 Welspun India Limited
Financial
Summary of financial Information (consolidated)
Particulars For the year/period ended (Rs. in Crores)
31-Mar-21 31-Mar-20 31-Mar-19
Total Income 102,673 93,594 85,557
Profit After Tax 19,423 16,639 15,410
Net Worth 76,351 65,450 64,948
Reserves and Surplus 74,227 63,328 62,778
Summary of financial Information standalone)
Particulars For the year/period ended (Rs. in Millions)
31-Mar-21 31-Mar-20 31-Mar-19
Total Income 60,395.66 53,667.09 54,783.04
Profit After Tax 5,266.70 4,748.92 1,417.65
Net Worth 31,433.21 26,117.12 22,942.79
Stock price at BSE

Stock price at BSE (in preceding 3 months)

Month High Price Low Price Average Price
May-2021 1415.50 1311.80 1353.04
Apr-2021 1480.00 1320.35 1379.54
Mar-2021 1406.25 1259.70 1349.16

Stock price at BSE (in preceding 3 months)

Month High Price Low Price Average Price
Apr-2021 87.90 75.55 80.30
Mar-2021 87.60 67.35 77.50
Feb-2021 74.90 65.70 68.60
Stock price at NSE

Stock price at NSE (in preceding 3 months)

Month High Price Low Price Average Price
May-2021 1416.25 1311.30 1352.94
Apr-2021 1477.55 1320.00 1379.59
Mar-2021 1406.00 1259.00 1349.14

Stock price at NSE (in preceding 3 months)

Month High Price Low Price Average Price
Apr-2021 87.50 75.55 80.40
Mar-2021 87.60 67.40 77.60
Feb-2021 75.00 65.40 68.60

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