The Hinduja Global Solutions date has been Recorded on 06 March 2023
On January 30, 2023, Hinduja Global Solutions Buyback 2023 was announced. The buyback of Hinduja Global Solutions will begin on Announced Soon. At a price of 1700 per equity share, the corporation will buy back approximately 60,00,000 equity shares, or approximately 2.18% of face value 10. This repurchase will cost around 1020 crore and will be performed in the open market.
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Record Dates
06 March 2023
Buyback Price
₹1700 per equity share
Face Value
₹10 per share
Offer Closes On
Updated Soon
Hinduja Global Solutions Buyback Price
The Hinduja Global Solutions price is ₹[1700 per equity share ].
IPO Overview
Hinduja Global Solutions Ltd specializes in the automotive, information technology, media, entertainment, and communications industries, infrastructure development, oil and specialty chemicals, electricity, real estate, and healthcare sectors. Across the globe, the company provides voice and non-voice-based services such as contact center solutions and back office transaction processing.
The corporation is an affiliate of the Hinduja Group, a multibillion-dollar conglomerate. The company operates 34 delivery centers in eight countries, has 55+ technology partners, and employs over 750digital transformation consultants. Globally, the corporation employs 22,000 workers. The business has offices in the United States (USA), the United Kingdom (UK), Canada, Australia, the Philippines, India, and Jamaica.
Hinduja Global Solutions Share Buyback 2023 Details
| Event Name | Details |
| Buyback Type | Tender Offer |
| Buyback Record Date | 06 March 2023 |
| Buyback Offer Amount | ₹1020.00 Cr |
| Date of Board Meeting approving the proposal | 30 January 2023 |
| Date of Public Announcement | 31 January 2023 |
| Buyback Offer Size | 11.36% |
| Buyback Number of Shares | 60,00,000 |
| Listing | NSE, BSE |
| Face Value | ₹10/- Rs. |
| Buyback Price | ₹1700/- per share. |
Hinduja Global Solutions Buyback 2023 Dates
| Buyback Activity | Dates |
| Board Meeting for Buyback proposal | 19 December 2023 |
| Buyback Approval date | 30 January 2023 |
| Public Announcement Date | 31 January 2023 |
| Buyback Record Date | 06 March 2023 |
| Buyback Opening Date | Update Soon |
| Buyback Closing Date | Update Soon |
Hinduja Global Solutions Limited Financial Report (in Cr)
| Year | Revenue | Expense | PAT |
| 2022 | ₹3264.00 | ₹3147.00 | ₹117.00 |
| 2021 | ₹2602.00 | ₹2520.00 | ₹81.00 |
| 2020 | ₹4,986.00 | ₹4,320.00 | ₹667.00 |
Company Profile
HTMT Global Solutions Ltd, a renowned multinational conglomerate, is recognized as one of the largest in the world. The company specializes in providing information technology enabled services both in India and internationally. Their extensive range of offerings includes professional IT staffing, claims processing, call center operations, software development, and consulting services. Additionally, they excel in customer relationship management programs by seamlessly integrating inbound contact center services, internet solutions, database marketing, market research, closed loop lead management, and fulfillment services.
The company’s commitment to excellence is evident through its 20 delivery centers located across the United States, Canada, Mauritius, Philippines, and India. These centers work tirelessly to empower their clients and foster their growth, aiming to transform them into industry leaders.
Registrar Info
| Name | LINK INTIME INDIA PRIVATE LIMITED |
| Phone number | +91 40 6716 2222 |
| Email ID | hgsl.buyback@kfintech.com |
| Website | https://www.kfintech.com |
Contact Details
| Name | Hinduja Global Solutions Limited |
| Phone number | +91 22 6136 0407 |
| Email ID | investor.relations@teamhgs.com |
| Website | https://www.hgs.cx |
IPO Strenghts
- Experienced promoters and a competent management team.
- Well-established relationships with a loyal customer base.
- Access to markets worldwide, enabling global reach.
IPO Weakness
- Heavy reliance on customers based in the United States.
- Need to adhere to multiple laws and regulations in these countries to ensure compliance.
- Competition from other players in the market.
