Nucleus Software Buyback vs Rishiroop Limited Buyback

Comparision between Nucleus Software Buyback and Rishiroop Limited Buyback.

Buyback Details

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

Nucleus Software Exports Ltd.

Rishiroop Limited

Logo

Type of Buyback

Tender Offer

Listing At

BSE, NSE

BSE

Face Value

₹10 per share

Buyback Price

₹700 per share

₹125 per share

Issue Size

22,67,400 shares

6,40,000 shares

Issue Size (Amount)

₹158.72 Crores

₹8.00 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	5 Equity Shares out of every 57 fully paid-up Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders	6 Equity Shares out of every 95 fully paid-up Equity Shares held on the Record Date.

Registrar

Kfin Technologies Limited

Link Intime India Private Ltd

Lead Managers

Corporate Professionals Capital Private Ltd

Inga Ventures Pvt 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) 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.
iii) in improving financial ratios like earnings per share and return on equity, by reducing the equity base of the Company.

Buyback Timetable

Nucleus Software Buyback and Rishiroop Limited 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. Rishiroop Limited Buyback Buyback record date is Sep 09, 2021.

	Nucleus Software Exports Ltd.	Rishiroop Limited
Record Date	Nov 27, 2021	Sep 09, 2021
Offer Open Date	Jan 03, 2022	Oct 05, 2021
Offer Closure Date	Jan 14, 2022	Oct 20, 2021
Last date for receipt of tender forms	Jan 14, 2022	Oct 22, 2021
Finalisation of buyback	Jan 20, 2022	Oct 28, 2021
Last Date for settlment of bids	Jan 25, 2022	Oct 29, 2021
Last Date for extinguishment of shares	Feb 01, 2022	Nov 05, 2021

Financial Details and Other Relevent Information

Comparison of Nucleus Software Buyback and Rishiroop Limited 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.

Rishiroop 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 Millions)
	31-March-21	31-March-20	31-March-19
Total Income	660.70	413.18	629.91
Profit After Tax	299.99	(28.41)	73.01
Net Worth	827.49	574.99	629.09

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	100.50	92.10	95.32
Jun-2021	113.00	92.00	101.58
May-2021	120.10	86.50	99.54

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

Compare with others

Nucleus Software Exports Ltd.	Rishiroop Limited
Weizmann Buyback	AksharChem India Buyback
MOIL Buyback	S H Kelkar Buyback
MPS Buyback	Nucleus Software Buyback
AksharChem India Buyback	Goldiam International Buyback
S H Kelkar Buyback	eClerx Services Limited Buyback
Goldiam International Buyback	Mahalaxmi Rubtech Buyback
eClerx Services Limited Buyback	Star Cement Buyback
Rishiroop Limited Buyback	Gandhi Special Tubes Limited Buyback
Mahalaxmi Rubtech Buyback	Shriram Pistons & Rings Buyback
Star Cement Buyback	Rsystems Buyback

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