eClerx Services Limited Buyback: All Important Details are Discussed

eClerx Services Buyback is a tender offer, and the issue size is 1,375,000 equity shares at a price of Rs 2800 per share, amounting up to Rs 385 crores. The face value is at Rs 10 per share. This buyback issue is listed at NSE and BSE. The buyback issue period has yet to be announced. The last date to buy the share is not yet confirmed and the record date is also not yet announced. The lead managers handling the buyback is yet to be announced. Also, the registrar is yet to be announced. On Tuesday, May 22, 2024 eClerx Services share price was trading at Rs 2,329 per share. 

About eClerx Services Limited

eClerx Services Limited established in 2000, provides process and change management and data analytics services to help other organisations to improve their efficiency, productivity and overall business performance. eClerx Services Limited's product portfolio includes services in three categories – eClerx Customer operation, eClerx Digital and eClerx markets. They provide customisable services to industries such as finance, telecom, fashion, entertainment, travel, software and high-tech to drive the business. The company had more than 3000 employees, full-time employees dedicated to digital delivery across its five production centres in Mumbai, Pune, Phuket, Verona, Chandigarh. eClerx had a local presence in Mumbai and global presence in Australia, Canada, Germany, Italy, Netherlands, UK, USA, Thailand, Singapore.

Necessity of the eClerx Services Buyback

The necessity of the buyback is not yet announced. 

Financials of eClerx Services Limited (Amt in Rs Crores)

The company reported a revenue of Rs 2,991.18 crore and net profit of Rs 511.73 crore for the period ending on 31 March 2024. Previously in the same period, the company reported a revenue of Rs 2,713.85 crore and PAT of Rs 489.18 crore. The company’s revenue increased by 10.22% and net profit increased by 4.61% between the FY ending on 31 March 2024 and 31 March 2023.

Essential Details of eClerx Services Buyback

Time-Table For eClerx Services Buyback

Lead managers for eClerx Services Buyback

Lead managers of the eClerx Services Limited Buyback have not been declared yet.

How do you apply for eClerx Services Buyback?

Wait for the buyback to open for subscription, then click here to apply for the eClerx Services Buyback with Bigul.

How to Check the Allotment Status of eClerx Services Buyback?

The registrar for eClerx Services Buyback is yet to be announced. Stay tuned with us for the updates.

FAQs
 

1. What are the details of eClerx Services Buyback?

eClerx Services Buyback is a tender offer, and the issue size is of 1,375,000 equity shares at price of Rs 2800 per share, amounting up to Rs 385 crores. The face value is at Rs 10 per share.

2. What is the price of the Buyback Issue?

The current share price of eClerx Services is Rs 2,339 per share. The company is coming up with a buyback offer with a premium at Rs 470 approx. The offer opening and closing dates are not yet announced. 

3. When will the eClerx Services Limited Buyback open, and how can I apply?

The exact opening date of the buyback has not been announced yet. Once it is open, eligible shareholders can apply by clicking here with Bigul.

4. How do I check the allotment status of the eClerx Services Limited Buyback?

The registrar for the eClerx Services Limited Buyback is yet to be announced. Updates regarding the allotment status will be provided once the registrar is declared. Shareholders should stay tuned for further information.

5. Who can participate in the eClerx Services Limited Buyback?

All eClerx Services Limited shareholders holding the company shares on the record date, including retail and institutional investors, are eligible to participate in the buyback.