NIIT Limited Buyback

NIIT Limited Buyback Dates and Details

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NIIT Limited Buyback will open for subscription from 12 April 2021. the company aims for an issue size of ₹ 237 Crores through this buyback issue.

NIIT Limited

The company is a leading Skills and Talent Development Company that has two main lines of business; a.) Corporate Learning Group and b.) Skills and Careers Group NIIT’s Corporate Learning Group (CLG) offers Managed Training Services (MTS) to market-leading companies in North America, Europe, Asia, and Oceania.

The Skills & Careers Business (SNC) delivers a diverse range of learning and talent development programs to millions of individual and corporate learners in areas including Digital Transformation, Banking, Finance & Insurance, Soft Skills, Business Process Excellence, Retail Sales Enablement, Management Education, Multi-Sectoral Vocational Skills, Digital Media Marketing, and new-age IT. With a footprint in over 30 countries, these business lines offer training and development solutions to Enterprises, Individuals, and Institutions.

Objects of the Issue

  • To return surplus funds to the Equity Shareholders.
  • To help improve financial ratios like earnings per share and return on equity, by reducing the equity capital of the Company.

NIIT Buyback Issue Timetable

Offer Opens OnApr 12, 2021
Offer Closes OnApr 28, 2021
Record DateFeb 24, 2021
Last Date for receipt of Tender FormsApr 30, 2021
Finalisation of Buyback AcceptanceMay 6, 2021
Last Date for settlment of bidsMay 7, 2021
Last Date for Extinguishment of SharesMay 14, 2021

NIIT Buyback Details

Issue PeriodApr 12, 2021 – Apr 28, 2021
Security NameNIIT Limited
Issue TypeTender Offer
Issue Size (Shares)0.99 Crores
Issue Size (Amount)₹237.00 Crores
Buyback Price₹240 per share
Face Value₹2 per share
Listing AtBSE, NSE

Buyback Ratio

CategoryEntitlement Ratio of Buyback
Reserved Category for Small Shareholders102 Equity Shares for every 919 Equity Shares held on the Record Date
General Category for all other Eligible Shareholders19 Equity Shares for every 292 Equity Shares held on the Record Date

Company Financials

ParticularsFor the year/period ended (Rs. in Lakhs)
Total Income1,00,59887,13685,909
Profit After Tax1,32,7188,7206,368
Net Worth96,29228,35018,938

Stock Market Data (for preceding 3 months)


MonthHigh PriceLow PriceAverage Price


MonthHigh PriceLow PriceAverage Price
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NIIT Limited Buyback Registrar

Link Intime India Private Ltd
C 101, 247 Park, L.B.S.Marg,
Vikhroli (West), Mumbai – 400083

Phone: +91-22-4918 6270

Company Contact Information

NIIT Limited
8, Balaji Estate, First Floor,
Guru Ravi Das Marg,
Kalkaji New Delhi – 110019
Phone: +91-11-41675000

Final Thoughts

A buyback occurs when the issuing company pays shareholders the market value per share and re-absorbs that portion of its ownership that was previously distributed among public and private investors. subscribing for a buyback issue is purely a personal choice. make a detailed study before you make a decision on buyback issue subscription.

Happy Investing

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