eClerx Services Buyback 2024: Key Details

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eClerx Services Buyback 2024: Key Details

Overview of eClerx Services Limited

Established in 2000, eClerx Services Limited is a prominent player in process and change management and data analytics. The company’s diverse service offerings include eClerx Customer Operations, eClerx Digital, and eClerx Markets.

With over 3,000 full-time employees across five production centres in Mumbai, Pune, Chandigarh, Verona, and Phuket, eClerx serves various industries such as finance, telecom, fashion, entertainment, travel, software, and high-tech.

eClerx Services Buyback 2024 Details

eClerx Services Limited has announced a buyback of shares in 2024. Here are the critical details:

  • Security Name: eClerx Services Limited
  • Issue Type: Tender Offer
  • Issue Size: 1,375,000 shares
  • Issue Amount: ₹385.00 Crores
  • Buyback Price: ₹2800 per share
  • Record Date: Announce Soon.
  • Face Value: ₹10 per share
  • Listing At: BSE, NSE

Buyback Ratio

CategoryEntitlement Ratio of BuybackShares Offered
Reserved Category for Small ShareholdersN/A206,250

Shareholding Pattern of the Company

As on May 10, 2024 (“Pre-Buy Back”):

ParticularsPre-Buy Back No. of Equity Shares% of Paid-up Share Capital
Promoters Shareholding (A)
Indian Promoters1,31,72,03926.87
Foreign Promoters1,31,10,12226.74
Sub-Total (A)2,62,82,16153.61
Public Shareholding (B)
Financial Institutions/Banks530.00
Alternate Investment Funds8,22,6371.68
Mutual Funds99,73,81820.34
Foreign Portfolio Investors59,78,69212.20
NRIs3,51,5570.72
Foreign Nationals60,4680.12
Bodies Corporate5,21,4961.06
Others42,53,0498.68
Sub-Total (B)2,19,61,77044.80
ESOP Trust (C)7,81,4281.59
Sub-Total (C)7,81,4281.59
Total (A+B+C)4,90,25,359100.00

Company Financials Report

eClerx Services Limited has demonstrated financial growth between March 31, 2023, and March 31, 2024:

  • Assets: Increased from ₹2,287.74 Crores to ₹2,928.97 Crores
  • Revenue: Rose from ₹2,713.85 Crores to ₹2,991.18 Crores, marking a 10.22% increase
  • Profit After Tax (PAT): Grew from ₹489.18 Crores to ₹511.73 Crores, a rise of 4.61%

How to Participate in the eClerx Services Buyback 2024

To participate in the eClerx Services Buyback 2024, shareholders need to follow these steps:

  1. Verify Eligibility: Ensure you hold shares of eClerx Services Limited and are eligible to participate in the buyback.
  2. Submit Tender Offer: During the issue period, submit your tender offer through your brokerage platform.
  3. Acceptance and Payment: If your tendered shares are accepted, you will receive payment at the buyback price of ₹2800 per share.

Contact Information

For any queries or assistance regarding the eClerx Services Buyback 2024, you can contact the company at:

eClerx Services Limited
4th Floor, Express Towers,
Nariman Point, Mumbai – 400021
Phone: +91 22 6614 8301
Email: investor@eclerx.com
Website: https://eclerx.com/

Documents Of eClerx Services Buyback 2024

Review

The eClerx Services Buyback 2024 presents a valuable opportunity for shareholders to capitalize on their investments. With a strong financial performance and a significant buyback price, participating in this buyback could be a beneficial move for eligible shareholders.

Stay updated and make informed decisions by regularly checking the official eClerx website for any new announcements or updates regarding the buyback.

Read Related – Bajaj Consumer Buyback Record Date And Details

eClerx Services Buyback 2024: Frequently Asked Questions (FAQs)

What is the buyback price for eClerx Services Buyback?

The buyback price is ₹2800 per share.

What is the total issue size of the eClerx Services Buyback?

The total issue size is 1,375,000 shares, amounting to ₹385.00 Crores.

Who is eligible to participate in the eClerx Services Buyback?

All shareholders holding eClerx Services Limited shares are eligible to participate in the buyback.

How can I participate in the eClerx Services Buyback 2024?

To participate, shareholders need to submit a tender offer through their brokerage platform during the issue period.

When will I receive payment for the accepted eClerx Services Buyback shares?

Payment will be made promptly after the acceptance of the tendered shares at the buyback price of ₹2800 per share.

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