Majesco Limited

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Buyback · IPO Guide

Expert Rating

Avoid

CMP of Majesco (Rs 748/- on 08.10.200 above its buyback price. So we give AVOID rating to this buyback.

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Disclaimer

No financial information whatsoever published herein, should be construed as an offer to buy or sell securities, or as information to make investment decisions, or as an official confirmation of any transaction. All matter published herein is purely for educational and informational purposes only and under no circumstances should be used for making investment decisions. Readers must consult a qualified financial advisor prior to making any actual investment decisions.

Period	Total Income	Total Expenses	Profit After Tax (PAT)
FY 20	161,541.00	119,293.00	32,911.00
FY 19	150,774.00	109,211.00	31,886.00
FY 18	126,746.00	92,654.00	25,752.00
FY 17	122,187.00	87,674.00	26,180.00
FY 16	108,646.21	80,004.38	24,291.82

Buyback Type	TENDER OFFER
Board Meeting Date	Oct 08, 2020
Record Date	Nov 13, 2020
Opening Date	Nov 27, 2020
Closing Date	Dec 11, 2020
Buyback Number Of Shares	74,70,540
Buyback Price	Rs 845/- per Equity Share

Majesco Limited

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