Nucleus Software Exports of ₹72.35 crores approved by the board of directors at the meeting was held on August 22, 2024. Nucleus Software Exports 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 ₹1615 per Equity Share and for an aggregate amount not exceeding ₹72.35 crores from the shareholders. Check out Nucleus Software Exports Buyback 2024 details below:
Nucleus Software is a leading fintech company that was founded over three decades ago. It specializes in banking, financial services, and insurance (BFSI). Nucleus Software also believes in designing enduring corporate cultures and establishing long-term partnerships that are mutually beneficial to its clients while creating future-ready digital solution delivery systems. Its excellence has been recognized internationally with awards from the League of American Communications Professionals (LACP) for best annual reports. Nucleus Software operates in more than 50 countries including Asia, the Middle East, Africa, and Europe providing solutions such as data analytics and automation, Cloud Services, Application Modernization, and Infra Services.
Nucleus Software Exports History
Nucleus Software Exports Buyback 2024 Dates
| Buyback Meeting Date: | August 22, 2024 |
| Buyback Announcement Date: | August 22, 2024 |
| Buyback Record Date: | September 3, 2024 |
| Last Date to Buy Shares: | September 2, 2024 |
| Buyback Open Date: | September 9, 2024 |
| Buyback Close Date: | September 13, 2024 |
| Finalization of Buyback Acceptance: | September 20, 2024 |
Nucleus Software Exports Buyback 2024 Offer Details
Nucleus Software Exports of 4,48,018 equity shares at a price of ₹1615 per equity share. The buyback offers not to exceed ₹72.35 crores of the total buyback offer size.
| Offer Amount: | ₹72.35 Crores |
| Number of Shares: | 4,48,018 Equity Shares |
| Face Value: | ₹10 per equity share |
| Buyback Price: | ₹1615 per equity share |
| Listing: | BSE, NSE |
| Buyback Type: | Tender Offer |
| Letter of Offer: | Click Here |
Nucleus Software Exports Buyback 2024 Acceptance Ratio
The investor should buy around 124 shares at a current market price of ₹1430 (as of date). The calculation will be ₹2,00,000 / ₹1615 buyback price = 124 shares.
| Acceptance Ratio | Investment | Shares Buyback | Profit |
| 33% | ₹177320 | 41 | ₹7585 |
| 50% | ₹177320 | 62 | ₹11470 |
| 75% | ₹177320 | 93 | ₹17205 |
| 100% | ₹177320 | 124 | ₹22940 |
Nucleus Software Exports Financial Report
| ₹ in Crores | |||
| Year | Revenue | Expense | PAT |
| 2022 | ₹482.13 | ₹425.27 | ₹42.10 |
| 2023 | ₹618.89 | ₹445.50 | ₹130.37 |
| 2024 | ₹815.59 | ₹566.47 | ₹185.95 |
How to Participate in Nucleus Software Exports Buyback 2024
The investors are eligible for the buyback scheme who have Nucleus Software Exports shares in their Demat Account as the Record Date. Eligible Share Holders can participate in the Nucleus Software Exports Buyback 2024 scheme as per the opening form by selling their shares. The payment will be given as per the Nucleus Software Exportsepted shares by the company under the Nucleus Software Exports scheme.
Nucleus Software Exports 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/
Nucleus Software Exports Buyback 2024 Lead Managers
- Corporate Professionals Capital Private Ltd
Nucleus Software Exports Company Address
Nucleus Software Exports Limited
33-35,
THYAGRAJ NAGAR MARKET
NEW DELHI-110003
Phone: 91-120-4031400
Email: [email protected]
Website: https://nucleussoftware.com/
How to Apply the Nucleus Software Exports 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 “Nucleus Software Exports”. Click on Place Order. Enter your Quantity and submit Nucleus Software Exports Application Form.
How to Apply the Nucleus Software Exports through Upstox?
Log in to Upstox Application with your credentials. Select the Nucleus Software Exports. You will see the Company Name “Nucleus Software Exports”. Click on Nucleus Software Exports Stock for Buyback. Enter your Quantity and submit Nucleus Software Exports Application Form.
How to Apply the Nucleus Software Exports through Nucleus Software Exports Paytm Money?
Log in to Paytm Money Application with your credentials. Select the Nucleus Software Exports. Enter your Quantity and submit Nucleus Software Exports Application Form.
