Hinduja Global Solutions Limited stands as a prominent global frontrunner in the spheres of customer experience lifecycle, digital transformation, and business process management. HGS seamlessly integrates automation, analytics, and artificial intelligence with profound domain expertise, with a strategic focus on enhancing digital customer experiences, streamlining back-office operations, optimizing contact centers, and delivering innovative HRO solutions.
By orchestrating the synergy between marketing, IT, and customer experience teams, the company adeptly tackles contemporary business challenges head-on, addressing key drivers of competitiveness and growth — encompassing labor dynamics, productivity enhancement, and technological advancements across a diverse spectrum of ten industries, skillfully categorized into three distinct business units.
A vital component of the esteemed Hinduja Group, Hinduja Global Solutions Limited operates within the vast expanse of a multi-billion-dollar conglomerate.
Boasting a well-established network, the company proudly houses 34 Delivery centers spread across 8 countries. It has fostered relationships with over 55 technology partners and proudly engages the expertise of more than 750 Digital Transformation consultants.
Fueling its operations is a dedicated and capable workforce of around 22,000 employees, who ardently drive the company’s mission forward.
With its presence spanning the globe, Hinduja Global Solutions Limited asserts its international footprint across key geographies, encompassing the United States of America (USA), the United Kingdom (UK), Canada, Australia, Philippines, India, and Jamaica.
- Open: ₹1,059.00
- High – Low: ₹1,059.00 – ₹1,020.60
- Previous Close: ₹1,053.45
- Total Traded Value: 75,040
- 52 Weeks High: ₹1,698.60 (Aug 24, 2022)
- 52 Weeks Low: ₹994.10 (Mar 27, 2023)
- Updated On: Aug 10, 2023 4:00 PM
Hinduja Global Solutions Buyback Detail #
| Issue Period | May 22, 2023 – Jun 2, 2023 |
| Security Name | Hinduja Global Solutions Limited |
| Issue Type | Tender Offer |
| Issue Size (Shares) | 6,000,000.00 |
| Issue Size (Amount) | ₹1,020.00 Crores |
| Buyback Price | ₹1700 per share |
| Face Value | ₹10 per share |
| Listing At | BSE, NSE |
Hinduja Global Solutions Buyback Issue Timetable #
| Last Date to buy shares | Mar 3, 2023 |
| Record Date | Mar 6, 2023 |
| Offer Opens On | May 22, 2023 |
| Last Date for receipt of Tender Forms | Jun 2, 2023 |
| Offer Closes On * | Jun 2, 2023 |
| Finalisation of Buyback Acceptance | Jun 12, 2023 |
| Last Date for settlment of bids | Jun 13, 2023 |
| Last Date for Extinguishment of Shares | Jun 20, 2023 |
Buyback Ratio #
| Category | Entitlement Ratio of Buyback | Shares Offered |
|---|---|---|
| Reserved Category for Small Shareholders | 1 Equity Shares out of every 3 Fully paid-up Equity Shares held on the Record Date. | 900,000.00 |
| General Category for all other Eligible Shareholders | 1 Equity Shares out of every 9 Fully paid-up Equity Shares held on the Record Date. | 5,100,000.00 |
Company Financials #
| Period Ended | Total Revenue | Profit After Tax | Net Worth | Total Borrowing |
|---|---|---|---|---|
| 31-Mar-20 | 5043.64 | 184.04 | 1731.84 | 498.96 |
| 31-Mar-21 | 5670.49 | 336.05 | 2084.87 | 292.24 |
| 31-Mar-22 | 4488.63 | -32.12 | 8229.73 | 819.18 |
| 30-Sep-22 | 2692.42 | 265.41 | 8644.78 | 638.47 |
| Amount in ₹ Crore | ||||
Stock price at BSE (in preceding 3 months) #
| Month | High Price | Low Price | Average Price |
|---|---|---|---|
| Aug-2022 | 1,661.05 | 1,275.65 | 1,464.25 |
| Sep-2022 | 1,484.50 | 1,221.00 | 1,391.98 |
| Oct-2022 | 1,331.80 | 1,207.45 | 1,272.53 |
Stock price at NSE (in preceding 3 months) #
| Month | High Price | Low Price | Average Price |
|---|---|---|---|
| Aug-2022 | 1,662.75 | 1,279.35 | 1,471.26 |
| Sep-2022 | 1,488.10 | 1,217.45 | 1,402.97 |
| Oct-2022 | 1,329.55 | 1,207.40 | 1,277.21 |
Necessity of the Issue #
The Buyback is being undertaken with following objectives:
1. The Buyback will help the Company to distribute surplus cash to its shareholders holding Equity Shares broadly in proportion to their shareholding, thereby, enhancing the overall return to the shareholders.
2. The Buyback will help in improving financial ratios like earnings per share, return on capital employed and return on equity, by reducing the equity base of the Company
Hinduja Global Solutions Buyback Documents #
Company Contact Information #
HINDUJA HOUSE, 171,
Dr. ANNIE BESANT ROAD WORLI,
MUMBAI 400018 MUMBAIPhone: 91-22-2496-0707
Email: investor.relations@teamhgs.com
Website: http://www.hgs.cx/
Hinduja Global Solutions Buyback Registrar #
- Kfin Technologies Limited
KFintech, Tower-B, Plot No 31 & 32,
Financial District, Nanakramguda, Gachibowli,
Hyderabad, Telangana India – 500 032.Phone: 04067162222, 04079611000
Email: hgsl.buyback@kfintech.com
Website: https://kosmic.kfintech.com/ipostatus/
Hinduja Global Solutions Buyback Manager #
Lead Manager(s)
Registered Broker
- Motilal Oswal Financial Services Limited
Email: ksharma@motilaloswal.com
