7 sold @ Rs. 2481 making total profit of 3250
eClerx Services Buyback 2021
eClerx was founded in 2000 by Anjan Malik and PD Mundhra with the goal of transitioning, managing and transforming complex business processes. Following successful careers in investment banking, Anjan and PD, graduates of University of Pennsylvania’s Wharton School of Business, jointly identified significant opportunities for providing innovative services and solutions to large global companies undergoing rapid business transformation challenged by legacy systems, new technology, data inaccuracies, and ever-changing processes and workflows. Created from humble beginnings in a small office in Mumbai, today eClerx employs over 9000 people with offices located in the US, UK, India, Italy, Ireland, Thailand, and Singapore.
Buy Back Offer Deal:
|Buyback Type:||Tender Offer|
|Buyback Record Date:||Sep 30 2021|
|Buyback Opening Date:||Oct 18 2021|
|Buyback Closing Date:||Oct 31 2021|
|Buyback Offer Amount:||₹ 303|
|Date of Board Meeting approving the proposal:||Aug 13 2021|
|Date of Public Announcement:||Aug 13 2021|
|Buyback Offer Size:||20.59%|
|Buyback Number of Shares:||1063157|
|Price Type:||Tender offer|
|Buyback Price:||₹ 2850 Per Equity Share|
Details of Buyback:
Salient financial parameters:
|Particulars (in Cr)||Mar 2016||Mar 2017||Mar 2018||Mar 2019||Mar 2020||Mar 2021|
|Profit before tax||460||436||380||311||281||381|
How to Participate in buyback?
Profit from the buyback on the bases of acceptance Ratio:
|Amount Invested in Buyback||1,34,540||1,34,540||1,34,540||1,34,540|
|No. of Shares buyback||20||31||46||62|
Rs. 8550/ also credited to Bank A/c yesterday.
29 shares are accepted for the buyback out of the 75 shares tendered. Reasonably good AR. THANK YOU.
3 out of 10 in my case.
Till today no message from eclerx about AR
It will be on 10 Nov, the earliest or 11 Nov, the latest.
I expect the AR to be around 35 to 40 %
The AR at max may not exceed 20%
ER was @ 18% so chances of AR being @ 20% are very few. It should be around 35% as per my understanding. I may be optimistic.
27 out of 70 get accepted
Please open page for MPS buy back @ 900 by tender route. And also open page for nucleus
Sir, can you furnish some details like full NAME, CMP, BB Price etc?
MPS LTD ( Macmillan Publishing Technologies & Service Businesses Limited ) board has approved the Buyback of 9,44,444 shares through Tender route @ Rs.900/- on 27/10/2021.
CMP. Around Rs.705/-
Record Date yet to be announced.
Sir, Thank you. Seems attractive. Today it is down by Rs. 10
BSE website shows 136.91 % bids offered. Still there are 4 Days to go. What AR can we expect from this figure?
Incredible disastrous blood shed of the price of Rs.1756/- at one time. Can someone analyse in detail?
Nucleus software page is to be generated.e mail received for
Here I have a suggestion.
Till Umeshji returns for updates, as a stop gap arrangement, we all may post News on Buy Back on this eCerx page. That may not be solely on eCerx but also for other Buy Back news.
Today I rec’d mail Nucleus regarding evoting. Last date is 12 Nov. Only after evoting result, further process will be taken up.
But when ?
Rec’d. email for ER of 1 out of 10
Per the email received from KFin Technologies Private Limited, ER is 12/70 = 17.14%
Hopefully it would would convert to AR 30-40%
Happy Investing $$
It is learnt that the BUYBACK is likely to Open on 18th and closes on 31st of this month. ER may be around 18%. It is also learnt that the final AR will be hopefully around not less than 40%. Happy investing to all. Thank you.
I read the letter of offer. ER is 13/74, fraction to be ignored. Thus, for my holding 10 shares, my entitlement would be probably 1. My purchase is @2251. so I am not going get much benefit. The investment is also little only.
Company proposes to buy-back the Equity Shares of Nucleus Software upto 22,67,400 comprising of 7.81% of the total paid-up equity capital of the Company, from the equity shareholders of the Company as on the record date, through the Tender Process at a maximum price of Rs.700/- per Equity Share for an aggregate amount not exceeding Rs. 1,58,71,80,000/-.
I am of the opinion that one can opt for the buyback at around Rs.600/-(CMP is almost the same). Thank you.
Please open page for nucleus software
Company has changed the Final Buy Back price at Rs. 2,850/- per equity share (the “Buy Back Price” ) and the aggregate amount of BuyBack upto Rs. 303 Crores
Thank you very much for your update.
Record date is 30 September ?
Thanks for the update.
now we can have more shares before record date
70 = 200000/2850
Record date for buyback of the shares of eclerx services is likely to be announced shortly. Please act accordingly n purchase the shares watchfully, if not already purchased. Thank you.
Record date was 27th Aug.
Tarun Dalda ji,
Record date for eclerx is 30/9/21 and for R Systems it is 27/8/21. Please note.
I have typed Davda. But it was auto corrected as Dalda. Dalda may please be read as Davda. Davda sir, I am really sorry for it wholeheartedly. Good night.
Sirji, Thank you very much for updating price/date. Regards.
A separate page for RISHIROOP buyback is to be open.
Please create a page for Kaveri Seeds Buy back.
Also request experts to comment, if we should buy it now?
Hows Kaveri seeds at current rate for buyback?
meeting on 25th
Sumit Jain ji,
Though I am not an expert in this regard yet I humbly submit that it is always better to wait for the details of the buyback i.e., Buyback price, type of the buyback (Tender/ Open), size of the buyback etc.,. My bitter experience of purchasing shares without having the details of buyback on hand has resulted in difficulty. Hence, this suggestion.
Thanks SivaRamaKrishna for your wonderful suggestion…
Still Stock market is all about risk..
We need to balance Pros and COns and take informative step…
I bought for around 58K and would buy / sell as per 25th August meeting…
All the best. Best of luck.
Buyback is through Open Offer @ not exceeding Rs.850/-. Max size 14,11,780 shares. Please be cautious and act accordingly.
I quit completely yesterday at around 5% profit…
May enter again if available at 550
I am happy to note that you are benefitted with significant profit. Congratulations n all the best to you in all your future activities. Thank you very much for your response.
1-1 share buy karloh….Accept hua toh Rs.1000 mil jayega…
Pray for your kind guidance n views like expected AR of the buyback. Thank you very much.
Why not a separate page for Nucleus software ???
Leave a Reply
You must be logged in to post a comment.