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Birlasoft Buyback 2022 Record Date, Buyback Price, Entitlement Ratio

Date:

Birlasoft Buyback 2022 description – Birlasoft offers digital and enterprise technology services. The company offers services including data analytics, digital analytics, IT Transformation, Testing, Application Management, Infrastructure and cloud technology to Banking, Manufacturing, Capital Market, Insurance, Energy and Resources, Life Science and Healthcare companies. Birlasoft has 11,900+ professionals and has a presence in the United States, United Kingdom, France, Germany, Dubai, Australia, India, and Singapore among other countries.


Birlasoft Share Buyback 2022 Details

Buyback Dates Coming soon
Birlasoft Buyback Price  INR500 per share
Buyback Offer Size (Shares) 7,800,000 shares
Buyback offer as % of total shares 2.79%
Buyback Offer Size (Amount) INR390 crore
Offer Type Tender
Promoter Participation No
Face Value  INR2 per share
Listing At BSE, NSE

Birlasoft Buyback Dates (Timeline)

Board Meeting for Buyback Proposal 23 May 2022
Buyback Approval Date 23 May 2022
Public Announcement of Buyback Coming soon
Birlasoft Buyback Record Date Coming soon
Buyback Opening Date Coming soon
Buyback Closing Date Coming soon
Cut-off Date to receive completed tender forms by Registrar Coming soon
Verification Date by the Registrar Coming soon
Return of unaccepted shares by Registrar Coming soon
Extinguishment of accepted shares Coming soon

Birlasoft Share Buyback 2022 Documents

Offer Letter
Draft Letter of Offer
Public Announcement
Upcoming Share Buyback


Birlasoft Share Buyback Entitlement Ratio

Shareholder Category Entitlement Ratio Entitlement Ratio (in %)
Small Shareholders
(less than INR2 Lakh on record date)
2.88*
General category
(for all other Eligible Shareholders)
*Tentative, based on the shareholding pattern

Small Shareholder is defined as shareholder who holds shares worth less than INR2,00,000 as on record date.


Birlasoft India’s Financial Performance

FY2020 FY2021 FY2022
Total Income 1,462.2 1,640.5 2,049.4
Total Expenses 1,205.0 1,295.3 1,658.2
Net income 140.75 193.6 296.0
Figures in INR crore unless specified otherwise

Calculation of Investment in Buyback

Maximum market value of a share holder as on record date INR2,00,000
Buyback price INR500
Maximum shares for small shareholder (2,00,000/500) 400 shares*
Closing price of stock as on 23 May 2022 INR378.25**
Maximum amount invested in buyback (378.25 x 400 shares) INR1,51,300
* No. of shares stands to change according to the closing price on record date
** For simplicity, we have considered price on buyback approval date

Profit Guidance from Birlasoft Buyback

Shares Tendered Buyback Entitlement Acceptance Buyback Profit Profit in %
400 12 12 (100%) 1,461 0.97
400 12 24 (200%) 2,922 1.93
400 12 36 (300%) 4,383 2.90

Registrar of Birlasoft Stock Buyback 2022

Link Intime India Private Limited
C-101, 1st Floor, 247 Park
L.B.S. Marg, Vikhroli West
Mumbai – 400 083, Maharashtra
Phone: +91 22 4918 6200 
Email: [email protected]
Website: www.linkintime.co.in


Manager of Birlasoft Share Buyback 2022

Birlasoft Limited
35 & 36, Rajiv Gandhi Infotech Park,
Phase-I. MIDC, Hinjawadi,
Pune (MH) 411057,
Phone: +91 20 6652 5000
Email: [email protected]
Website: www.birlasoft.com


Necessity of the Buyback

  • The buy-back gives an option to the equity shareholders to either participate in the buy-back and receive cash in lieu of Equity Shares accepted under the buy-back.
  • The buy-back helps to return surplus cash to its shareholders, in proportion to their shareholding, thereby, enhancing the overall returns to shareholders.
  • The buy-back would help in improving Earning per share (EPS), Return on asset (ROA) and Return on equity (ROE) ratios of the Company.
  • The buy-back, which is being implemented through the Tender Offer route as prescribed under the Buyback Regulations, would involve a reservation for small shareholders as defined in the Buy-back Regulations.

Process to Participate in Birlasoft Share Buyback

All eligible Shareholders of the Company who own Physical Shares or Demat Shares on the Record Date may participate in the buyback offer through their Stock Broker. The eligible shareholder who holds the shares in Demat form must notify their broker of the details of the Equity shares that they wish to tender in the Buyback Offer.

The shareholder must transfer the tendered shares to the clearing corporation’s Special account. In turn, the broker would place a buyback order on the stock exchange.

The eligible shareholder who owns the shares in physical form must present their broker with the original share certificates and supporting documents. After document verification is complete, the broker places an order on the stock exchange and submits the original share certificate and TRS (Transaction Registration Slip) to the registrar.


Frequently Asked Questions

When does Birlasoft share buyback offer open?

Birlasoft share buyback opens on NA 2022 and closes on NA 2022.

Which type of buyback is Birlasoft buyback offer?

Birlasoft Buyback is a tender offer.

What is the Birlasoft stock buyback price?

Birlasoft stock buyback price is INR500 per share.

What is the Birlasoft stock buyback record date?

The record date is NA 2022.

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