Established in the year 2000, eClerx Services Limited operates as a transformative force in the realm of process and change management, as well as data analytics services, offering invaluable support to enhance the operational efficiency, productivity, and overall performance of other businesses.
The company’s product spectrum is structured into three distinct categories: eClerx Customer Operations, eClerx Digital, and eClerx Markets. With an extensive team of over 3000 dedicated digital delivery experts stationed across five production hubs situated in Mumbai, Pune, Chandigarh, Verona, and Phuket, eClerx is adept at delivering comprehensive and effective solutions.
Catering to a diverse range of industries including finance, telecommunications, fashion, entertainment, travel, software, and technology, eClerx provides tailored and adaptable services to power up businesses across various domains.
eClerx’s influence is not confined to a single geographic location; it boasts a local presence in Mumbai while simultaneously extending its global footprint across key regions such as Australia, Canada, Germany, India, Italy, the Netherlands, the Philippines, Singapore, Thailand, the UK, and the USA.
Eclerx Services Ltd. Stock Quote #
- Open: ₹1,740.00
- High – Low: ₹1,757.50 – ₹1,708.35
- Previous Close: ₹1,767.40
- Total Traded Value: 89,990
- 52 Weeks High: ₹1,852.40 (Jul 18, 2023)
- 52 Weeks Low: ₹1,221.00 (Dec 26, 2022)
- Updated On: Aug 10, 2023 4:00 PM
Clerx Services Buyback 2022 Detail #
| Issue Period | Feb 3, 2023 – Feb 16, 2023 |
| Security Name | eClerx Services Limited |
| Issue Type | Tender Offer |
| Issue Size (Shares) | 1,714,285.00 |
| Issue Size (Amount) | ₹300.00 Crores |
| Buyback Price | ₹1750 per share |
| Face Value | ₹10 per share |
| Listing At | BSE, NSE |
eClerx Services Buyback 2022 Issue Timetable #
| Last Date to buy shares | Dec 23, 2022 |
| Record Date | Dec 27, 2022 |
| Offer Opens On | Feb 3, 2023 |
| Last Date for receipt of Tender Forms | Feb 16, 2023 |
| Offer Closes On * | Feb 16, 2023 |
| Finalisation of Buyback Acceptance | Feb 23, 2023 |
| Last Date for settlment of bids | Feb 24, 2023 |
| Last Date for Extinguishment of Shares | Mar 1, 2023 |
Buyback Ratio #
| Category | Entitlement Ratio of Buyback | Shares Offered |
|---|---|---|
| Reserved Category for Small Shareholders | 7 Equity Shares out of every 46 Fully paid-up Equity Shares held on the Record Date. | 257,143.00 |
| General Category for all other Eligible Shareholders | 6 Equity Shares out of every 202 Fully paid-up Equity Shares held on the Record Date. | 1,457,142.00 |
Company Financials #
| Period Ended | Total Revenue | Profit After Tax | Net Worth |
|---|---|---|---|
| 31-Mar-20 | 1174.17 | 123.57 | 1111.31 |
| 31-Mar-21 | 1230.36 | 238.79 | 1182.62 |
| 31-Mar-22 | 1571.86 | 354.9 | 1174.53 |
| Amount in ₹ Crore | |||
Stock price at BSE (in preceding 3 months) #
| Month | High Price | Low Price | Average Price |
|---|---|---|---|
| Nov-2022 | 1,494.25 | 1,297.85 | 1,395.80 |
| Oct-2022 | 1,499.45 | 1,254.15 | 1,336.66 |
| Sep-2022 | 1,545.90 | 1,420.70 | 1,473.07 |
Stock price at NSE (in preceding 3 months) #
| Month | High Price | Low Price | Average Price |
|---|---|---|---|
| Nov-2022 | 1,494.90 | 1,293.00 | 1,395.38 |
| Oct-2022 | 1,500.00 | 1,254.00 | 1,336.53 |
| Sep-2022 | 1,545.00 | 1,420.00 | 1,472.99 |
Necessity of the Issue #
The Buy Back is being proposed by the company for fulfilling the following objectives:
- The Buy Back will help the Company to return surplus cash to its shareholders holding Equity Shares broadly in proportion to their shareholding, thereby, enhancing the overall return to the shareholders.
- The Buy Back may help in improving return on equity due to reduction in the equity base, thereby leading to long term increase in shareholder value.
- The Buy Back will help in achieving an optimal capital structure.
eClerx Services Buyback 2022 Documents #
Company Contact Information #
4th Floor, Express Towers,
Nariman Point,
Mumbai – 400 021Phone: +91 22 6614 8301
Email: investor@eclerx.com
Website: https://eclerx.com/
eClerx Services Buyback 2022 Registrar #
- Kfin Technologies Limited
KFintech, Tower-B, Plot No 31 & 32,
Financial District, Nanakramguda, Gachibowli,
Hyderabad, Telangana India – 500 032.Phone: 04067162222, 04079611000
Email: eclerx.buyback@kfintech.com
Website: https://kosmic.kfintech.com/ipostatus/
eClerx Services Buyback 2022 Manager #
Lead Manager(s)
Registered Broker
- Emkay Global Financial Services Limited
Email: eclerx.buyback@emkayglobal.com
