KVSP Infosys Buyback 2022 Record Date, Buyback Price, Ratio – IPO Watch
Written by Lucky Wilson | KJMM.COM on November 21, 2022
Infosys buyback 2022 was announced on October 10, 2022. The Infosys buyback open date is not announced yet. Infosys buyback record date is not fixed as it is an Open Market buyback offer. The investor should buy the Infosys shares before the record date to get eligibility for the buyback.
Infosys Buyback of ₹9300 crores approved by the board of directors at the meeting was held on October 10, 2022. Infosys Buyback will be done via the Open Market route through the stock exchange mechanism. The board of directors of the company approved the buyback by the Company of its fully paid-up equity shares having a face value of ₹5 each equity share at a price of ₹1,850 per Equity Share and for an aggregate amount not exceeding ₹9,300 crores from the shareholders. Check out Infosys Buyback 2022 details below:
Infosys Limited is an IT Company providing next-generation digital services and consulting to their clients in more than 50 countries to navigate their digital transformation. The company was founded in 1981 in Pune, headquartered in Bangalore. Infosys is the 2nd largest Indian IT Company after TCS by revenues figures as per 2020. They pioneered the Global Delivery Model and became the first IT company from India to be listed on NASDAQ.
In 2021, Infosys recognized by Great Place to Work and Fortune as one of the Best Big Companies to Work For. Infosys recognized as the fastest growing and ranked 4th among the top 10 IT services brands by Brand Finance, one of the world’s leading brand valuation firms, in its 2021 Global 500 report. and Infosys won awards for the ‘Best Finance Team’ and ‘the Best Finance Transformation’ at the 19th Business Leader of the Year awards presented by ET Now.
Infosys Buyback History
Infosys Buyback 2022 Dates
| Buyback Meeting Date: | October 10, 2022 |
| Buyback Announcement Date: | – |
| Buyback Record Date: | Open Market |
| Buyback Open Date: | – |
| Buyback Close Date: | – |
| Finalization of Buyback Acceptance: | – |
Infosys Buyback 2022 Offer Details
Infosys buyback of – equity shares at a price of ₹1,850 per equity share. The buyback offers not to exceed ₹9,300 crores of the total buyback offer size.
| Offer Amount: | ₹9,300 Crores |
| Number of Shares: | – Equity Shares |
| Face Value: | ₹10 per equity share |
| Buyback Price: | ₹1,850 per equity share |
| Listing: | BSE |
| Buyback Type: | Open Market |
| Letter of Offer: | Click Here |
Infosys Buyback 2022 Acceptance Ratio
The investor should buy around [.] shares at a current market price of ₹[.] (as of date). The calculation will be ₹2,00,000 / ₹[.] buyback price = [.] shares.
| Acceptance Ratio | Investment | Shares Buyback | Profit |
| 33% | ₹[.] | [.] | ₹[.] |
| 50% | ₹[.] | [.] | ₹[.] |
| 75% | ₹[.] | [.] | ₹[.] |
| 100% | ₹[.] | [.] | ₹[.] |
Infosys Financial Report
| ₹ in Crores | |||
| Year | Revenue | Expense | PAT |
| 2020 | ₹81,747 | ₹59,126 | ₹15,543 |
| 2021 | ₹88,379 | ₹61,581 | ₹18,048 |
| 2022 | ₹107,164 | ₹76,240 | ₹21,235 |
How to Participate in Infosys Buyback 2022
The investors are eligible for the buyback scheme who have Infosys shares in their Demat Infosysount as the Open Market. Eligible Share Holders can participate in the Infosys Buyback 2022 scheme as per the opening form by selling their shares. The payment will be given as per the Infosysepted shares by the company under the Infosys buyback scheme.
Infosys Buyback 2022 Registrar
To be updated soon
Infosys Buyback 2022 Lead Managers
Infosys Company Address
Infosys Limited
44/97 Infosys Avenue,
Electronic City, Hosur Road,
Bengaluru, Karnataka 560 100
Phone: +91 8028520261
Email: [email protected]
Website: https://www.infosys.com/
How to Apply the Infosys Buyback through Zerodha?
Log in to Console in Zerodha Website or in Application. Go to Portfolio and Click on Corporate Actions. You will see the Company Name “Infosys”. Click on Place Order. Enter your Quantity and submit Infosys Buyback Application Form.
How to Apply the Infosys Buyback through Upstox?
Log in to Upstox Application with your credentials. Select the Infosysount Section. You will see the Company Name “Infosys”. Click on Infosys Stock for Buyback. Enter your Quantity and submit Infosys Buyback Application Form.
How to Apply the Infosys Buyback through Paytm Money?
Log in to Paytm Money Application with your credentials. Select the Infosys. Enter your Quantity and submit Infosys Buyback Application Form.
Infosys Buyback 2022 FAQs
When is Infosys Buyback 2022 Record Date?
Infosys buyback 2022 record date is Open Market.
When is Infosys Buyback 2022 Open Date?
Infosys buyback 2022 open date is To be updated soon.
What is Infosys Buyback 2022 Price?
The company has fixed the price at ₹1,850 per share.
How to apply for Infosys Buyback 2022?
As per the record date you need to have Infosys shares in your Demat Account. You can participate in buyback after having the stock in your Account.
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