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CL Educate Buyback 2022 have to open 27 May 2022, CL Educate Buyback Record date not set as its open market offer, To be eligible for the buyback, the investor must purchase CL Educate shares before the record date. Check CL Educate Share Buyback 2022 details below:
CL Educate Buyback 2022 Dates
| Buyback meeting date: | 23 May 2022 |
| Buyback Announcement Date: | 23 May 2022 |
| Buyback Record Date: | free market |
| Buyback Open Date: | 27 May 2022 |
| Buyback closing date: | November 06, 2022 |
| Finalizing Buyback Acceptance: | , |
CL Educate Buyback 2022 Offer Details
CL Educate Buyback 5,88,235 equity shares At the expense of ₹170 per equity share, Buyback offer should not exceed ₹10 crore of the total buyback offer size.
| Offer Amount: | ₹10 crore |
| number of shares: | 5,88,235 common share |
| Face value: | ₹5 per equity share |
| Buyback Price: | ₹170 per equity share |
| Listing: | BSE and NSE |
| Buyback Type: | open market offer |
| letter of Offer: | click here |
About Company – CL Educate
CL Educate Limited provides its services in the education sector to cater to multiple age groups. They provide services in four verticals which are consumer test preparation, consumer publishing, enterprise corporate and enterprise institutional. They are in Engineering, Medical, Civil Services, Grade VIII-XII Tuition, International Education (GRE/GMAT), Non-Test Preparation Courses (CFA) for Competitive Exam Preparation (like MBA, Law, Banking, Staff Selection Commission (SSC) courses) , Data Science, etc.) They provide services to Corporates who are looking for Experiential Marketing and Event Management Solutions (Virtual Events Platform – VEP), Digital and MarCom Services, Customized Engagement Programs (CEP), Manpower Management and Training Services are strategic business. Solution. They have 200 Test-Prep Centers in 100 cities in India as of August 2021. They also operate test-prep centers in the UAE.
CL Educate Buyback 2022 Acceptance Ratio
The investor should buy approximately 1176 shares at the current market price of ₹123 (as on 24th May 2022). The calculation would be ₹2,00,000 / ₹170 buyback value = 1176 shares.
| acceptance ratio | Investment | share buyback | Benefit |
| 33% | ₹144705 | 388 | ₹18247 |
| 50% | ₹144705 | 588 | 27647 |
| 75% | ₹144705 | 882 | ₹41470 |
| 100% | ₹144705 | 1176 | ₹55294 |
CL Educate Financial Report
| ₹ in crore | |||||
| year | revenue | Expense | to Pat |
||
| 2020 | ₹178 | ₹219 | -₹53 | ||
| 2021 | ₹108 | ₹108 | -₹5 | ||
| 2022 | ₹205 | ₹185 | ₹ 9 | ||
CL Educate Buyback 2022 Eligible Shareholders
Those investors who are eligible for buyback scheme having shares of CL Educate in their demat account are: Record date is open market offer, Investors can participate in CL Educate Buyback 2022 scheme by selling their shares as per the opening form. The payment will be made as per the shares accepted by the Company under the CL Educate Buyback Scheme.
CL Educate Buyback 2022 Registrar
Keffin Technologies Limited
Cfintech, Tower-B, Plot No. 31 & 32,
Financial District, Nanakranguda, Gachibowli,
Hyderabad, Telangana India – 500 032.
Phone: 04067162222, 04079611000
Email: [email protected]
Website: https://karisma.kfintech.com/
CL Educate Buyback 2022 Lead Managers
- VB Desai Financial Services Limited
CL Educate Company Address
CL Educate Limited
Plot No. 9A,
Sector – 27A, Mathura Road,
Faridabad, Haryana, 121003
Phone: +91-011-41281100
Email:[email protected]
Website: http://www.cleducate.com/
CL Educate Buyback 2022 FAQs
When is the CL Educate Buyback 2022 Record Date?
CL Educate buyback 2022 is record date open market offer,
When is CL Educate Buyback 2022 Open Date?
CL Educate Buyback 2022 is Open Date 27 May 2022,
What is CL Educate Buyback 2022 Price?
The company has fixed the price ₹170 per share.
How to apply for CL Educate Buyback 2022?
You should have shares of CL Educate in your Demat account as on the record date. You can participate in buybacks once you have stock in your account.
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