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Nucleus Software Exports Ltd Buyback 2021

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Nucleus Software Exports Ltd (BSE:531209, NSE:NUCLEUS) is taking shares from investors via Buyback Offer. Do you wish to tender your shares for Nucleus Software Exports Ltd Buyback 2021? The company has announced a buyback price of Rs 700. Buyback Announced on 24-09-2021, the Record Date for the eligible investor is 27-11-2021.

Nucleus Software Exports Ltd Buyabck Tender process starts from 03-01-2022 and end on 14-01-2022.

Acceptation Ratio for retail investor (Holding Shares worth of less than Rs 2 Lakhs on Record date) is 15.45%.

The summary report of Nucleus Software Exports Ltd buyback contains overview, record date, tender dates, buyback size, buyback price, approximate entry level for new investors, date of extinguishment of Equity Shares, Entitlement Ratio for retail and general category.

Nucleus Software Exports Ltd Buyback

TitleDetail
Company Name:Nucleus Software Exports Ltd
Buyback Type:Tender Offer
Total Share Capital:Rs 1630 Cr
Offer Amount:Rs 158 Cr
Offer Size:7.81%
Buyback Number of Shares:22.67 lakhs
Buyback Price:700
Approx Entry Price:600
Promoters In:Y
Buyback Approval Date:24-09-2021
Record Date:27-11-2021
Open Date:03-01-2022
Close Date:14-01-2022
Payment Date:25-01-2022
Record Date Price:540.80
Maximum Retail Quantity:369
Draft Letter of Offer:Draft Letter of Offer
Letter of Offer:Letter of Offer
Acceptance Ratio Retail:19 Equity Shares out of every 123 fully paid-up Equity Shares held on the Record Date.
Acceptance Ratio Retail %:15.45
Acceptance Ratio General:27 Equity Shares out of every 376 fully paid-up Equity Shares held on the Record Date.
Acceptance Ratio General %:7.18%

FAQs

The Record Date for Nucleus Software Exports Ltd Buyback offer is 27th Nov 2021

Which means you should hold the Nucleus Software Exports Ltd share in your demat account by closing session of 27th Nov 2021. Share purchased on and before (27th Nov 2021) - 2 business days will be available in your demat account by 27th Nov 2021.

 

Its all depend on acceptance ratio which usually announce with Letter of Offer. Lets assume if you have Nucleus Software Exports Ltd shares at ₹600 and buyback offer price is ₹700, you can get ₹100 per accepted share. If you hold 333 shares of Nucleus Software Exports Ltd and if proportionate acceptance is between 33% and 50%, in such case you are eligible to sell your 110 to 166 shares with the gain from buyback of ₹11000 to ₹16600.

The percentage of proportionate acceptance varies from company to company. This percentage can be also 100% which means that company buys all of your shares.

Nucleus Software Exports Ltd Buyback Profit Calculation

% Share AcceptedNo of Shared AcceptedGain from Buyback Offer
33%110₹11000
50%166₹16600
75%250₹25000
100%333₹33300

 

Steps to participate in Nucleus Software Exports Ltd buyback:

  1. On Record date (27th Nov 2021) you must have share of Nucleus Software Exports Ltd in your demat account/physical form. Depositing of share in your DP account usually take T+2 days, so you need to plan your buying accordingly.
  2. After that company announces buyback open and close window, so you need to tender your share in buyback process. You can do this online or contact your broker to tender your share in buyback, so he can place a request on your behalf.
  3. Next step is with registrar - depend on buyback acceptance ratio, your shares will be sold in buyback process and fund will directly debited in your bank account. Any rejected share will be revert in your demat account which you can sell in open market or hold for long term gain.

 

Share holders who hold less than 2 lakh worth of shares are consider in Retail Category. All others will consider in General Category. Last trading price on record date will be used to calculate the eligibility criteria.

 

Buyback opening date for Nucleus Software Exports Ltd: 3rd Jan 2022

Buyback closing date for Nucleus Software Exports Ltd: 14th Jan 2022

This is the window when you need to submit your application for proposal for share buyback. If you are submitting tender forms or submitting physical share certificates, it must reach to registrar by .

 

As this is a buyback tender offer, shares are accepted in proportionate basis. Proportionate acceptance / rejection will be returned back to the eligible shareholders directly by the Registrar on or before 25th Jan 2022.

 

Buyback opening date for Nucleus Software Exports Ltd: 3rd Jan 2022

Buyback closing date for Nucleus Software Exports Ltd: 14th Jan 2022

This is the window when you need to submit your application for proposal for share buyback. If you are submitting tender forms or submitting physical share certificates, it must reach to registrar by .

 


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