eClerx Services of ₹385 crores approved by the board of directors at the meeting was held on May 16, 2024. eClerx Services will be done via the Tender Offer 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 ₹10 each equity share at a price of ₹2800 per Equity Share and for an aggregate amount not exceeding ₹385 crores from the shareholders. Check out eClerx Services Buyback 2024 details below:
eClerx is providing a business process management, automation, and analytics services to a number of clients including Fortune 2000 enterprises, including some of the world’s leading financial services, communications, retail business, fashion industry, media & entertainment, manufacturing, traveller & leisure, and IT-technology companies. Incorporated in 2000, IT is today traded on both the Bombay and National Stock Exchanges of India. They have employs more than 16,800+ people across India including Australia, Canada, Germany, India, Italy, Netherlands, Philippines, Singapore, Thailand, the UK, and the USA.
eClerx Services History
eClerx Services Buyback 2024 Dates
| Buyback Meeting Date: | May 16, 2024 |
| Buyback Announcement Date: | May 16, 2024 |
| Buyback Record Date: | July 4, 2024 |
| Last Date to Buy Shares: | July 3, 2024 |
| Buyback Open Date: | July 9, 2024 |
| Buyback Close Date: | July 15, 2024 |
| Finalization of Buyback Acceptance: | July 22, 2024 |
| Offer Closes Date: | July 15, 2024 |
eClerx Services Buyback 2024 Offer Details
eClerx Services of 1,375,000 equity shares at a price of ₹2800 per equity share. The buyback offers not to exceed ₹385 crores of the total buyback offer size.
| Offer Amount: | ₹385 Crores |
| Number of Shares: | 1,375,000 Equity Shares |
| Face Value: | ₹10 per equity share |
| Buyback Price: | ₹2800 per equity share |
| Listing: | BSE, NSE |
| Buyback Type: | Tender Offer |
| Letter of Offer: | Click Here |
eClerx Services Buyback 2024 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% | ₹161028 | 23 | ₹12236 |
| 50% | ₹161028 | 35 | ₹18620 |
| 75% | ₹161028 | 53 | ₹28196 |
| 100% | ₹161028 | 71 | ₹37772 |
eClerx Services Financial Report
| ₹ in Crores | |||
| Year | Revenue | Expense | PAT |
| 2021 | ₹1564 | ₹1115 | ₹283 |
| 2022 | ₹2160 | ₹1498 | ₹418 |
| 2023 | ₹2648 | ₹1925 | ₹489 |
| 2024 | ₹2926 | ₹2151 | ₹512 |
How to Participate in eClerx Services Buyback 2024
The investors are eligible for the buyback scheme who have eClerx Services shares in their Demat Account as the Record Date. Eligible Share Holders can participate in the eClerx Services Buyback 2024 scheme as per the opening form by selling their shares. The payment will be given as per the Shervani Industrial Syndicateepted shares by the company under the eClerx Services scheme.
eClerx Services Buyback 2024 Registrar
Kfin Technologies Limited
KFintech, Tower-B, Plot No 31 & 32,
Financial District, Nanakramguda, Gachibowli,
Hyderabad, Telangana India – 500 032.
Phone: 04067162222, 04079611000
Email: [email protected]
Website: https://kosmic.kfintech.com/ipostatus/
eClerx Services Buyback 2024 Lead Managers
- Emkay Global Financial Service Limited
eClerx Services Company Address
eClerx Services Limited
4th Floor, Express Towers,
Nariman Point,
Mumbai – 400 021
Phone: +91 22 6614 8301
Email: [email protected]
Website: https://eclerx.com/
How to Apply the eClerx Services 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 “eClerx Services”. Click on Place Order. Enter your Quantity and submit eClerx Services Application Form.
How to Apply the eClerx Services through Upstox?
Log in to Upstox Application with your credentials. Select the eClerx Services. You will see the Company Name “eClerx Services”. Click on eClerx Services Stock for Buyback. Enter your Quantity and submit eClerx Services Application Form.
How to Apply the eClerx Services through eClerx Services Paytm Money?
Log in to Paytm Money Application with your credentials. Select the eClerx Services. Enter your Quantity and submit eClerx Services Application Form.
