KVSP Birlasoft Buyback 2022 Date, Record Date, Price & Acceptance Ratio
Written by Lucky Wilson | KJMM.COM on May 24, 2022
Birlasoft buyback 2022 is to open on To be updated soon. Birlasoft buyback record date is not fixed yet. The investor should buy the Birlasoft shares on or before the record date to get eligibility for the buyback. Check out Birlasoft Share Buyback 2022 details below:
Birlasoft Buyback 2022 Dates
| Buyback Meeting Date: | May 23, 2022 |
| Buyback Announcement Date: | May 23, 2022 |
| Buyback Record Date: | – |
| Buyback Open Date: | – |
| Buyback Close Date: | – |
| Finalization of Buyback Acceptance: | – |
Birlasoft Buyback 2022 Offer Details
Birlasoft buyback of 7,800,000 equity shares at a price of ₹500 per equity share. The buyback offers not to exceed ₹390 crores of the total buyback offer size.
| Offer Amount: | ₹390 Crores |
| Number of Shares: | 7,800,000 Equity Shares |
| Face Value: | ₹2 per equity share |
| Buyback Price: | ₹500 per equity share |
| Listing: | BSE & NSE |
| Buyback Type: | Tender Offer |
| Letter of Offer: | Click Here |
About Company – Birlasoft
Birlasoft Limited is a part of the CK Birla Group. Birlasoft provides digital and information technology consulting services and solutions to their clients worldwide. Birlasoft is a multi-shore business application global IT services provider with a presence in the United States, Europe, Asia-Pacific, and India. It operates development centers in the United States, China, Poland, and India. Birlasoft counts Fortune 100 enterprises across manufacturing, banking & financial services, insurance, media, and healthcare industries as clients.
Birlasoft Buyback 2022 Acceptance Ratio
The investor should buy around 400 shares at a current market price of ₹374 (as of 24 May 2022). The calculation will be ₹2,00,000 / ₹500 buyback price = 400 shares.
| Acceptance Ratio | Investment | Shares Buyback | Profit |
| 33% | ₹149600 | 132 | ₹16632 |
| 50% | ₹149600 | 200 | ₹25200 |
| 75% | ₹149600 | 300 | ₹37800 |
| 100% | ₹149600 | 400 | ₹50400 |
Birlasoft Financial Report
| ₹ in Crores | |||||
| Year | Revenue | Expense | PAT |
||
| 2020 | ₹1497 | ₹1205 | ₹141 | ||
| 2021 | ₹1652 | ₹1295 | ₹194 | ||
| 2022 | ₹2124 | ₹1658 | ₹296 | ||
Birlasoft Buyback 2022 Eligible Share Holders
The investors are eligible for the buyback scheme who have Birlasoft shares in their Demat account as the record date is not fixed yet. Investors can participate in the Birlasoft Buyback 2022 scheme as per the opening form by selling their shares. The payment will be given as per the accepted shares by the company under the Birlasoft buyback scheme.
Birlasoft Buyback 2022 Registrar
To be updated soon
Birlasoft Buyback 2022 Lead Managers
Birlasoft Company Address
Birlasoft Limited
Plot No. 35 & 36, Rajiv Gandhi Infotech Park,
Phase 1, MIDC, Hinjawadi,
Pune 411 057, Maharashtra
Phone: +91 20 6652 5000 | +91 20 6652 5001
Email: [email protected]
Website: https://www.birlasoft.com/
Birlasoft Buyback 2022 FAQs
When is Birlasoft Buyback 2022 Record Date?
Birlasoft buyback 2022 record date is not fixed yet.
When is Birlasoft Buyback 2022 Open Date?
Birlasoft buyback 2022 open date is not fixed yet.
What is Birlasoft Buyback 2022 Price?
The company has fixed the price at ₹500 per share.
How to apply for Birlasoft Buyback 2022?
As per the record date you need to have Birlasoft shares in your Demat account. You can participate in buyback after having the stock in your account.
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