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Incorporated in 1993, R Systems International Limited is a IT Services & Solutions Company and IT-enabled Services provider catering to a wide range of global customers. The company is certifications in CMMI Level 5, PCMM Level 5 , ISO 27001:2013 and ISO 9001:2008. The company have strong hold in elecom & Digital Media, Banking & Finance, HealthCare, Manufacturing & Logistics, and Government Services verticals. The company have 11 development and ser centers across Asia Pacific, Europe and North America.
Jan 08, 2019: R Systems International Limited (BSE:532735 | NSE:RSYSTEMS) board has approved a proposal for buyback of up to 3.69 lakhs shares at Rs 65 per share, aggregating Rs 23.98 Cr (Buyback Offer Size) which is 2.98% of total paid-up equity share capital.
Below is the complete details about R Systems International Limited Buyback. Record date, buyback open and close dates are announce in below section.
Buyback Type: | Tender Offer |
Buyback Offer Amount: | Rs 23.98 Cr |
Buyback Number of Shares: | 3.69 lakhs |
Buyback Price: | Rs 65 |
Buyback Offer Size (In %): | 2.98% |
Total Share Capital: | Rs 657.15 Cr |
Face Value: | 1 Per Equity Share |
Can I Invest today to participate in R Systems International Limited buyback offer? No
In this section we have covered all important dates related to R Systems International Limited Buyback. Dates are updated as they are announced. The most noted dates are record date and buyback open and close dates, which one should use to participate in buyback.
Buyback Activity | Date |
---|---|
Board Meeting for Buyback proposal | 15th Jan 2019 |
Buyback Approval date | 15th Jan 2019 |
Public Announcement of Buyback | 15th Jan 2019 |
Record Date | 1st Feb 2019 |
Buyback opens on/Buyback Opening Date | 15th Mar 2019 |
Buyback closes on/Buyback Closing Date | 29th Mar 2019 |
Cut-off date to receive completed tender forms by Registrar | 2nd Apr 2019 |
Cut-off date for verification by the Registrar | 3rd Apr 2019 |
Cut-off date to inform Stock Exchange on acceptance or non-acceptance
of tendered Equity Shares by Registrar |
8th Apr 2019 |
Last date of settlement of bids on the stock exchange | 9th Apr 2019 |
Last date to return unaccepted shares by Registrar | 9th Apr 2019 |
Last date of extinguishment of Equity Shares | 16th Apr 2019 |
Stock Holding table gives a clear picture on retail investor holdings of R Systems International Limited shares which helps investor to decide on participating in buyback offer. The less number of retail holdings means higher chance of acceptance in buyback under retail category which is equal to higher profit.
Holding Type | In % |
---|---|
Promoter-Foreign | 51.16% |
Promoter-Indian | 0.01% |
Non-Promoter-Institutions | 0.0% |
Non-Promoter-Non-Institutions | 48.83% |
R Systems International Limited Public Announcement >>Document
R Systems International Limited Draft Letter of Offer >>Document
R Systems International Limited Letter of Offer >>Document
R Systems International Limited Post Buyback Public Announcement >>Document
Category | Entitlement Ratio of Buyback Per Equity Shares | Entitlement Ratio of Buyback in % |
---|---|---|
Reserved Category | 23 Equity Share out of every 262 fully paid-up Equity Share held on the Record Date. | 8.78% |
General Category | 23 Equity Share out of every 863 fully paid-up Equity Share held on the Record Date | 2.66% |
For R Systems International Limited Buyback Offer, Report updated by the manager of buyback -
In general category - response received 2158.46%, No. of Equity Shares reserved in Buyback was 3136500 where valid bid received for retail category was 67699958 which is 2158.46% oversubscribed.
In Reserved category for Small Shareholders (Retail) - response received only 294.43, No. of Equity Shares reserved in Buyback was 553500 where valid bid received for retail category was 1629686 which is 294.43. Final Acceptance Ratio for Retail Investors was 18.79%.
The table below will give you a complete dashboard view for all open buyback offer in current market.
Company Name | Buyback Type | Offer Amount | Buyback Price | CMP | Record Date | Buyback Open Date | Buyback End Date |
---|---|---|---|---|---|---|---|
Tanla Platforms Ltd | Tender Offer | Rs 170 Cr | 1200 | 819.00 (0.44%) | 25-10-2022 | TBD | TBD | Garware Technical Fibres Ltd | Tender Offer | Rs 90 Cr | 3750 | 4-11-2022 | TBD | TBD | Orbit Exports Limited | Tender Offer | Rs 10 Cr | 245 | 140.55 (0.14%) | 18-11-2022 | TBD | TBD | KRBL Limited | Tender Offer | ₹325.00Cr | 500 | 277.50 (-1.65%) | 25-08-2023 | TBD | TBD | Dwarikesh Sugar Industries Limited | Tender Offer | ₹31.50Cr | 105 | 69.50 (-5.61%) | 20-03-2024 | 27-03-2024 | 03-04-2024 | Garware Technical Fibres Limited | Tender Offer | ₹199.50Cr | 3800 | 3323.25 (2.01%) | 26-03-2024 | 01-04-2024 | 05-04-2024 | Freshtrop Fruits Limited | Tender Offer | ₹33.69Cr | 175 | 165.15 (0.76%) | 02-04-2024 | TBD | TBD |
Detail Article on Benefit from buyback offer >> Read
R Systems International Limited Buyback Important dates - Record Date,Buyback Start and End date. Buyback Details - Buyback Price, Buyback Offer Size, Buyback Number of Shares, Retail Investors limit. What is the record date for R Systems International Limited? How can I apply in R Systems International Limited Buyback offer?Last Updated on 2019-04-17T01:53:28+00:00