Category: Share buyback

Find here a List of Upcoming Buyback 2024. Share Buyback is the process of reduce no of shares in market.

Infosys Buyback 2022 Date, Details, Price, Review

Infosys Limited is a multinational information technology company based in India and founded by seven engineers N.R. Narayana Murthy,Nandan Nilekani,S. Gopalakrishnan,S. D. Shibulal,K. Dinesh,N. S. Raghavan,Ashok Arora,

It offers business consulting, information technology, and outsourcing services. The company was established in Pune and has its headquarters in Bangalore.

According to the Forbes Global 2000 ranking, Infosys is the second-largest Indian IT company after Tata Consultancy Services in terms of revenue by 2020, and the 602nd largest public company in the world.

Latest News Update: Infosys Ltd Buyback Status
  • Infosys said that the board has also approved a Rs 9,300 crore buyback programme of equity shares from the open market route.
  • Infosys also announced the record date for determining the eligibility of the shareholders to receive the dividend amount. The record date for the dividend is October 28.
  • Infosys also announced the payment date. The company has fixed November 10 as the payout date for the interim dividend of Rs 16.50 per share.

Read : Upcoming IPO List

Infosys Buyback 2022 Expected Details

Buyback Start Date 07-Dec-2022
Buyback End Date 13-Feb-2023
Price 1850 Rs
Buyback size 9300 Crore
CMD 1,419.90 Rs (NSE)
Profit % 30%
Buyback Open Market
Note Open Market Buyback has no Record Date & No Retail Quota

FAQ Question

  • how to apply for Infosys buyback of shares in upstox?

Investors can check IPO Status on keystone Upstox Website. or Please follow steps.

  • Login into keystone.upstox.com with your client code and backoffice password
  • Click on “Account” on the top of the header line
  • Click on “Buy Back/ Turnover” from the drop down
  • Click on “Apply” and enter the quantity
  • Submit the request
    • how to apply for Infosys buyback of shares in Zerodha?

    Investors can check IPO Status on kite zerodha Website. or Please follow steps.

  • Login into kite.zerodha.com with your user id and password
  • You can apply for Buybacks/Takeover/Delisting/OFS on Console
  • Portfolio
  • Corporate action order window
  • Hover your mouse over the stock, select ‘Options,’ and then click ‘Place order.’
  • Suprajit Engineering Ltd Buyback : 320 ₹

    Latest News Update: Suprajit Engineering Ltd Buyback Status
    • Suprajit Engineering Ltd buyback total shares applied 99,202 Shares.
    • The QIB 1,950 Shares, NII 0 Shares and retail portion applied 97,252 Shares on 10 April 2021.

    Read : Upcoming IPO List

    Suprajit Engineering Ltd Buyback details
    Buyback Date 8-APR-2021 to 26-Apr-2021
    Price 320
    Minimum Offer Quantity 1 Shares
    Maximum offer Quantity 15,00,000
    Offer Letter Click here

    Gujarat Apollo Industries Buyback : 222 ₹

    Latest News Update: Gujarat Apollo Industries Buyback Status
    • Gujarat Apollo Industries buyback total shares applied 12,74,974 Shares.
    • The QIB 3,34,835 Shares, NII 0 Shares and retail portion applied 9,40,139 Shares on 10 April 2021.

    Read : Upcoming IPO List

    Gujarat Apollo Industries Ltd Buyback details
    Buyback Date 8-APR-2021 to 26-Apr-2021
    Price 222
    Minimum Offer Quantity 1 Shares
    Maximum offer Quantity 8,61,915
    Offer Letter Click here

    Vedanta Limited Buyback : 235 ₹

    Latest News Update: Vedanta Limited Buyback Status
    • Vedanta Limited buyback total shares applied 9,07,118 Shares.
    • The QIB 44,121 Shares, NII 82,675 Shares and retail portion applied 7,80,322 Shares on 27 March 2021.
    • Vedanta Limited, a subsidiary of Vedanta Resources Limited, is one of the world’s leading diversified natural resource companies with business operations in India, South Africa, Namibia, and Australia. Vedanta is a leading producer of Oil & Gas, Zinc, Lead, Silver, Copper, Iron Ore, Steel, Aluminium & Power.
    Vedanta Limited Buyback details
    Buyback Date 23-Mar-2021 to 07-Apr-2021
    Price 235
    Minimum Offer Quantity 1 Shares
    Maximum offer Quantity 65,10,00,000
    Offer Letter Click here

    Wipro Buyback 2023 Date, Details, Record Date, Ratio

    Wipro Ltd has announced a Rs 12,000 crore buyback, joining its larger peer Tata Consultancy Services Ltd in rewarding shareholders.

    The board has approved a proposal to buy back 269,662,921 shares, or 4.91% of the equity, at Rs 445 apiece, Wipro said in an exchange filing.The buyback price is at a premium of 19% to Tuesday’s closing stock price.

    Wipro Buyback 2023 Date,Details, Price

    Buyback Open Date 22-June-2023
    Buyback Close Date 30-June-2023
    Price 450 Rs
    Issue Size 12000 Crore (4.91%)
    Share Number 269,662,921
    Face value 2
    Type Tender offer
    Listing At NSE,BSE
    Letter Download

    Wipro Buyback 2023 Entitlement

    RESERVED CATEGORY FOR SMALL SHAREHOLDERS 62 Equity Share for every 265 Equity Shares held on the Record Date
    GENERAL CATEGORY FOR ALL OTHER ELIGIBLE SHAREHOLDERS 26 Equity Share for every 603 Equity Shares held on the Record Date

    Wipro Buyback 2023 Issue Timetable

    Public Announcement June 05, 2023
    Record Date June 16, 2023
    Last Date for receipt of Tender Forms June 29, 2023
    Intimation of Acceptance Ratio July 03, 2023
    Last Date for settlment of bids July 04, 2023

    Manager To The Buy Back

    JM Financial Limited
    7th Floor, Cnergy,
    Appasaheb Marathe Marg, Prabhadevi,
    Mumbai – 400025, Maharashtra, India
    Tel.No.: +91 22 6630 3030 / +91 22 6630 3262
    Fax.No.: +91 22 6630 3330
    E-mail: [email protected]
    Website: www.jmfl.com
    Contact Person: Ms. Prachee Dhuri
    SEBI Reg.No.: INM000010361
    Validity Period: Permanent
    Corporate Identification

    Registrar To The Buy Back

    KFIN Technologies Limited
    Selenium, Tower- B, Plot No 31 & 32, Financial district,
    Nanakramguda, Gachibowli, Hyderabad
    Telangana State, 500032, India
    Tel.No.: +91 40 67162222 Fax.No.: +91 40 23431563
    Toll Free Number:-18003094001
    E-mail: [email protected]
    Website: www.kfintech.com
    Investor Grievance Email: [email protected] Contact Person: Mr. M. Murali Krishna
    SEBI Reg.No.: INR000000221
    Validity Period: Permanent
    Corporate Identification Number:L72400TG2017PLC117649

    Wipro Buyback 2023 FAQs:

    • When is Wipro Buyback Record Date?

    Wipro buyback 2023 record date will be 16-June-2023.

    • When is Wipro Buyback Announcement Date?

    Wipro buyback 2023 announcement date is 27-AP=pr-2023.

    • What is Wipro Buyback Price?

    The company has fixed the price at ₹445 Per Equity Share.

    • How can I get Wipro’s buyback?

    As per the Wipro record date (11.12.2020) you need to have Wipro shares in your Demat account. You can participate in buyback after having the stock in your account.

    Once you have shares in Demat, you can participate in the buyback process which is opening from [-], by selling your shares through your broker on NSE or BSE. Then on [-], the payment will be given to you for accepted shares and unaccepted shares will be returned to your Demat account.

    • How much I can make with the Wipro buyback offer?

    It all depends on the acceptance ratio which usually announces with a Letter of Offer.
    The percentage of proportionate acceptance varies from company to company. This percentage can be also 100% which means that the company buys all of your shares.

    • How to Participate in the Wipro buyback offer?

    Steps to participate in Wipro buyback:

    On Record date (-) you must have a share of Wipro in your Demat account. Depositing of shares in your DP account usually takes T+2 days, so you need to plan your buying accordingly.

    After that company announces the buyback open and close window, so you need to tender your share in the buyback process. You can do this online or contact your broker to tender your share in the buyback, so he can place a request on your behalf.

    The next step is with the registrar – depend on the buyback acceptance ratio, your shares will be sold in the buyback process and the fund will directly be debited in your bank account. Any rejected share will be revert to your Demat account which you can sell in the open market or hold for long-term gain.

    • How many Wipro shares are eligible for buyback?

    Shareholders who hold less than 2 lakh worth of shares are considered in the Retail Category. All others will consider in General Category. The last trading price on the record date will be used to calculate the eligibility criteria.