Capgemini Technology Services India Ltd. (CTSIL) is a public limited company that was incorporated in the year 1993. It is one of the top companies with large offshore development centres in different parts of the country, including Bangalore, Mumbai, Hyderabad, Chennai, and Pune. It provides customized and packaged application development, outsources services for application maintenance, business intelligence services, and application re-engineering. Through this post, you will get to know everything about the Capgemini shares.
Capgemini was listed on the Bombay Stock of Exchange with the BSE code of 532337, and on the Nifty Stock of Exchange, with the NSE Symbol of IGS and ISIN of INE177B01016. But in the year 2008, CTSIL delisted itself from the Indian Stock Exchanges. The company currently has more than 13,000 shareholders.
What are the different types of shareholding forms?
- Bearer Form: This is the type of shareholding form in which it is the financial intermediary who holds the bearer’s security accounts. The particular financial intermediary is chosen by the shareholder, and it is the only one to know the real identity of the shareholder. Not even a company like CTSIL is aware of the shareholder’s identity.
- Registered Form: To make the communication easier between the company (CTSIL) issuing Capgemini unlisted shares and the shareholder, the identity of the specific shareholder is recorded in the books of Capgemini shares issuing company.
The current valuation of the unlisted shares of Capgemini
Currently, the capgemini share price is Rs. 9000 per share and Earning Per Share (EPS) of the financial year 20-21 stands at 285. Therefore, P/E is 31x.
How can the shareholders buy the Capgemini Shares?
There are many financial intermediaries through which a shareholder can buy the Capgemini shares. Here is the procedure that is followed by almost every intermediary for buying Capgemini unlisted shares:
- First, the booking of CTSIL unlisted shares is confirmed with the intermediary at a trading price.
- Some KYC documents required cording to the SEBI regulations are provided to the financial intermediary such as client master report, PAN Card, Cancelled cheque, and many others.
- Bank details are provided to the client by the intermediary so that funds can be transferred to that account.
- The modes of payment to be used are RTGS/NEFT/IMPS cheque transfer. Cash deposits are not accepted.
- The same account is to be used for the payment in which shares are to be credited.
- At last, purchased shares are transferred in 24 hours in a case when funds are credited before 2 pm.
What is the lock-in period of CTSIL shares?
The lock-in period depends on different categories of investors.
The lock-in period for Venture Capital Funds or Alternate investment Fund (category 1 or 2) is of 6 months from the date of acquisition of CTSIL unlisted shares.
The lock-in period for other investors is six months from the date of listing of the IPO of CTSIL unlisted shares.
Final Thoughts
Now that you know all about Capgemini shares, especially their current price and procedure of buying these unlisted shares, what are you waiting for? Contact any reputable financial intermediary and buy unlisted shares online.