Infosys Buyback vs SIS Buyback

Comparision between Infosys Buyback and SIS Buyback.

Buyback Details

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

Infosys Limited

SIS Limited

Logo

Type of Buyback

Open Market Through Stock Exchange

Tender Offer

Listing At

BSE, NSE

Face Value

₹5 per share

Buyback Price

₹1750 per share

₹550 per share

Issue Size

18,18,181 shares

Issue Size (Amount)

₹9,200.00 Crores

₹100.00 Crores

Buyback Ratio

Category	Entitlement Ratio of Buyback
Reserved Category for Small Shareholders	9 Equity Shares out of every 91 Equity Shares held on the Record Date.
General Category for all other Eligible Shareholders	6 Equity Shares out of every 565 Equity Shares held on the Record Date.

Registrar

Kfin Technologies Limited

Link Intime India Private Ltd

Lead Managers

Kotak Mahindra Capital Company Limited

ICICI Securities Limited

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 to enhance shareholder value in the long term.
iii) Improve Earnings per equity share and thus thereby enhance return on invested capital.

Buyback Timetable

Infosys Buyback and SIS 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 . SIS Buyback Buyback record date is Apr 09, 2021.

	Infosys Limited	SIS Limited
Record Date		Apr 09, 2021
Offer Open Date	Jun 25, 2021	May 12, 2021
Offer Closure Date	Dec 24, 2021	May 27, 2021
Last date for receipt of tender forms		May 29, 2021
Finalisation of buyback		Jun 04, 2021
Last Date for settlment of bids		Jun 07, 2021
Last Date for extinguishment of shares		Jun 14, 2021

Financial Details and Other Relevent Information

Comparison of Infosys Buyback and SIS 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

SIS 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 (consolidated)
Particulars	For the year/period ended (Rs. in Millions)
	31-Mar-20	31-Mar-19	31-Mar-18
Total Income	30,407.96	25,250.05	21,426.48
Profit After Tax	863.28	1,192.61	730.11
Net Worth	7,579.71	7,284.10	6,064.51

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
Mar-2021	435.00	401.00	418.04
Feb-2021	465.00	396.05	421.39
Jan-2021	436.00	376.95	411.66

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
Mar-2021	435.30	400.10	417.97
Feb-2021	459.00	396.05	421.05
Jan-2021	433.75	385.00	411.73

Compare with others

Infosys Limited	SIS Limited
Shriram Pistons & Rings Buyback	Infosys Buyback
Rsystems Buyback	Welspun India Buyback
Kaveri Seed Buyback	Navneet Education Buyback
Balrampur Chini Mills Buyback	Infobeans Technologies Buyback
Tanla Platforms Buyback	Quick Heal Technologies Buyback
Welspun India Buyback	Smartlink Holdings Buyback
Navneet Education Buyback	Aarti Drugs Buyback
Infobeans Technologies Buyback	Insecticides India Buyback
Quick Heal Technologies Buyback	Gujarat Apollo Industries Buyback
SIS Buyback	Savita Oil Buyback

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