Saturday, May 18, 2024

CL Educate Buyback 2022 Date, Record Date, Price & Acceptance Ratio


CL Educate buyback 2022 is to open on May 27, 2022. CL Educate buyback file date just isn’t set as its an Open Market Offer. The investor can buy the CL Educate shares on or earlier than the file date to get eligibility for the buyback. Check out CL Educate Share Buyback 2022 particulars under:

CL Educate

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CL Educate Buyback 2022 Dates

 Buyback Meeting Date:  May 23, 2022
 Buyback Announcement Date:  May 23, 2022
 Buyback Record Date:  Open Market
 Buyback Open Date:  May 27, 2022
 Buyback Close Date:  Nov 06, 2022
 Finalization of Buyback Acceptance:  

CL Educate Buyback 2022 Offer Details

CL Educate buyback of 5,88,235 fairness shares at a value of ₹170 per fairness share. The buyback presents to not exceed ₹10 crores of the full buyback supply dimension.

 Offer Amount:  ₹10 Crores
 Number of Shares:  5,88,235 Equity Shares
 Face Value:  ₹5 per fairness share
 Buyback Price:  ₹170 per fairness share
 Listing:  BSE & NSE
 Buyback Type:  Open Market Offer
 Letter of Offer:  Click Here

About Company – CL Educate

CL Educate Ltd supplies its companies within the training sector to cater to a number of age teams. They present companies in 4 verticals which are Consumer Test Preparation, Consumer Publishing, Enterprise Corporate, and Enterprise Institutional. They supply companies like aggressive check preparation (MBA, Law, Banking, Staff Selection Commission (SSC) programs for Engineering, Medical, Civil Services, Grade VIII-XII Tuitions, International Education (GRE/GMAT), non-test preparation programs (CFA, Data Science, and many others.). They supply companies to corporates which are Experiential Marketing and Event Management Solutions (Virtual Events Platform – VEP), Digital & MarComm. Services, Customized Engagement Programs (CEPs), Manpower Management & Training Services, Strategic Business Solutions. They have 200 test-prep facilities unfold throughout 100 cities in India as of August 2021. They additionally function test-prep facilities within the UAE.

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CL Educate Buyback 2022 Acceptance Ratio

The investor can buy round 1176 shares at a present market value of ₹123 (as of 24 May 2022). The calculation can be ₹2,00,000 / ₹170 buyback value = 1176 shares.

Acceptance Ratio Investment Shares Buyback Profit
33% ₹144705 388 ₹18247
50% ₹144705 588 ₹27647
75% ₹144705 882 ₹41470
100% ₹144705 1176 ₹55294

CL Educate Financial Report

  ₹ in Crores
Year Revenue Expense PAT
2020 ₹178 ₹219 -₹53
2021 ₹108 ₹108 -₹5
2022 ₹205 ₹185 ₹9

CL Educate Buyback 2022 Eligible Share Holders

The traders are eligible for the buyback scheme who’ve CL Educate shares of their Demat account because the file date is Open Market Offer. Investors can take part within the CL Educate Buyback 2022 scheme as per the opening type by promoting their shares. The cost can be given as per the accepted shares by the corporate below the CL Educate buyback scheme.

CL Educate Buyback 2022 Registrar

KFin Technologies Limited

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KFintech, Tower-B, Plot No 31 & 32,

Financial District, Nanakramguda, Gachibowli,

Hyderabad, Telangana India – 500 032.

Phone: 04067162222, 04079611000

Email: [email protected]

Website: https://karisma.kfintech.com/

CL Educate Buyback 2022 Lead Managers

  • V B 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 CL Educate Buyback 2022 Record Date?

CL Educate buyback 2022 file date is Open Market Offer.

When is CL Educate Buyback 2022 Open Date?

CL Educate buyback 2022 open date is May 27, 2022.

What is CL Educate Buyback 2022 Price?

The firm has fastened the value at ₹170 per share.

How to use for CL Educate Buyback 2022?

As per the file date you should have CL Educate shares in your Demat account. You can take part in buyback after having the inventory in your account.

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– Source : IPOWATCH

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