MPS Buyback 2022 announced on 07 Dec 2021. The MPS buyback to start from 14 January 2022 to 28 January 2022. The Company will do Buyback with equity of 9,44,444 Equity Shares around 5.23% of Face Value Rs. ₹10/ Each Fully paid off at a Price Of Rs. ₹900/- Per Equity. The size of this Buyback is about ₹85 Crores. And this will be done through a Buyback Tender Offer.
MPS, a leading global provider of platforms, and content, and learning solutions for the digital world, was established as an Indian subsidiary of Macmillan (Holdings) Limited in 1970. The long service history as a captive business allowed MPS to build unique capabilities and talents through strategic partner programs. MPS is now a global partner to the world’s leading enterprises, learning companies, publishers, libraries, and content aggregators. After change of majority stake in 2011-12 and with an entrepreneurial mindset MPS developed significant momentum as a result of consistent reinvestment in the business and seven successful acquisitions in the same number of years.
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MPS is listed on the major stock exchanges in India with a market capitalization upward of INR 700 crores. More than 2,700 professionals power MPS across seven delivery centers in India, four offices in Europe, and six client-servicing offices in the US.
MPS Buyback 2022 Offer Details:
| Event Name | Details |
| Buyback Type | Tender Offer |
| Buyback Record Date | 17 Dec 2021 |
| Buyback Offer Amount | ₹85 Cr |
| Date of Board Meeting approving the proposal | 03 Dec 2021 |
| Date of Public Announcement | 07 Dec 2021 |
| Buyback Offer Size | 5.23% |
| Buyback Number of Shares | 9,44,444 |
| Price Type | Tender Offer |
| Face Value | ₹10/- Rs. |
| Buyback Price | ₹900/- per share. |
MPS Buyback 2022 Important Dates
We have covered all important dates related to “MPS Buyback 2022” Buyback Activity Dates are updated as they are announced.
| Buyback Activity | Dates |
| Board Meeting for Buyback proposal | 03 Dec 2021 |
| Buyback Approval date | 03 Dec 2021 |
| Public Announcement Date | 07 Dec 2021 |
| Buyback Record Date | 17 Dec 2021 |
| Buyback Opening Date | 14 Jan 2022 |
| Buyback Closing Date | 28 Jan 2022 |
MPS Limited Financial Report (in Cr) :
| Year | Revenue | Expense | PAT |
| 2021-6M | ₹234.47 | ₹165.31 | ₹43.07 |
| 2021 | ₹432.42 | ₹315.77 | ₹58.56 |
| 2020 | ₹351.63 | ₹252.69 | ₹59.86 |
| 2019 | ₹387.80 | ₹269.19 | ₹76.04 |
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Quick Link :
Registrar of The Buyback :
Cameo Corporate Services Limited
Subramanian Building, 1 Club House Road,
Chennai – 600 002, Tamil Nadu, India
Tel No.: +91 44 4002 0700 / 0710 / 2846 0390;
Fax No.: +91 44 2846 0129
Email: [email protected]
Investor grievance e-mail: [email protected]
Website: www.cameoindia.com
Manager of The Buyback :
Ernst & Young Merchant Banking Services LLP
14th Floor, The Ruby,
29 Senapati Bapat Marg,
Dadar West, Mumbai – 400028, India
Tel: +91-22-6192 0000;
Fax: +91-22-6192 1000
Email: [email protected]
Website: www.ey.com/in/mb;
Company Address :
MPS Limited
RR Towers IV, Super A, 16/17,
Thiru Vi Ka Industrial Estate,
Guindy, Chennai-600 032,
Tamil Nadu, India
Tel. No.: +91-44 -49162222
Fax No.: +91-44-49162225
E-mail: [email protected]
Website: www.mpslimited.com
How to Participate in MPS Ltd buyback?
The Investors are eligible for the buyback scheme who have MPS shares in their Demat account as the Record date is 17 Dec 2021 as the offer is Tender Offer Investors can participate in the MPS Buyback 2022 scheme as per the opening form by selling their shares. The payment will be given as per the accepted shares by the company under the MPS buyback scheme.
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MPS Buyback 2022 FAQs:
When is MPS Buyback Announcement Date?
MPS buyback 2022 announcement date is 07 Dec 2022.
When is MPS Buyback Open Date?
MPS buyback Open date is 14 January 2022.
When is MPS Buyback Close Date?
MPS buyback Close date is 28 January 2022.
When is MPS Buyback Record Date?
MPS buyback 2022 Record date is 17 Dec 2021 as the offer is Tender Offer.
What is MPS Buyback Price?
MPS company has fixed the price at ₹900 per share.
What is MPS Buyback Offer Size?
MPS company Buyback Offer Size is ₹85 Cr.
How to apply for MPS Buyback 2022?
As per the record date you need to have MPS shares in your Demat account. You can participate in buyback after having the stock in your account.
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