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Nucleus Software Buyback vs Star Cement Buyback

Comparision between Nucleus Software Buyback and Star Cement Buyback.

Buyback Details

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

  Nucleus Software Exports Ltd. Star Cement Limited
Logo Nucleus Software Buyback Logo Star Cement Buyback Logo
Type of Buyback Tender Offer Tender Offer
Listing At BSE, NSE BSE, NSE
Face Value ₹10 per share ₹1 per share
Buyback Price ₹700 per share ₹150 per share
Issue Size 22,67,400 shares 82,48,580 shares
Issue Size (Amount) ₹158.72 Crores ₹123.73 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 6 Equity Shares out of every 47 fully paid-up Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders 2 Equity Shares out of every 115 fully paid-up Equity Shares held on the Record Date.
Registrar Kfin Technologies Limited Maheshwari Datamatics Pvt. Ltd
Lead Managers Corporate Professionals Capital Private Ltd Narnolia 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) Return surplus cash to the shareholders, thereby, optimizing returns to the shareholders and enhancing the overall shareholders’ value.
ii) Improve Return on Equity, Earnings per share, enhance return on invested capital, and thereby enhance shareholder value in the long term.
iii) The Buyback will help in optimizing the capital structure.

Buyback Timetable

Nucleus Software Buyback and Star Cement 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. Star Cement Buyback Buyback record date is Aug 26, 2021.

  Nucleus Software Exports Ltd. Star Cement Limited
Record Date Nov 27, 2021 Aug 26, 2021
Offer Open Date Jan 03, 2022 Sep 22, 2021
Offer Closure Date Jan 14, 2022 Oct 05, 2021
Last date for receipt of tender forms Jan 14, 2022 Oct 07, 2021
Finalisation of buyback Jan 20, 2022 Oct 13, 2021
Last Date for settlment of bids Jan 25, 2022 Oct 14, 2021
Last Date for extinguishment of shares Feb 01, 2022 Oct 21, 2021

Financial Details and Other Relevent Information

Comparison of Nucleus Software Buyback and Star Cement 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. Star Cement 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 (standalone)
Particulars For the year/period ended (Rs.in Crores)
31-Mar-21 31-Mar-20 31-Mar-19
Total Income 1,685.16 1,801.33 1,734.88
Profit After Tax 157.27 218.70 255.89
Net Worth 1,268.45 1,111.17 1,044.87
Reserves and Surplus 1,227.20 1,069.93 1,002.95
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
Jul-2021 119.00 107.00 111.73
Jun-2021 117.90 101.10 109.23
May-2021 115.00 98.00 106.07
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
Jul-2021 119.25 106.85 111.76
Jun-2021 117.95 101.05 109.30
May-2021 115.30 99.80 106.24

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