iGATE Global Solutions (Delisted) share price
BSE: 532337
Last traded ₹404.20 on 25 Jan 2008
Delisted on 4 Feb 2008.
Last announcements
The company's own last announcements before its shares stopped trading, routine notices left out.
Jan 2008
23 Jan · Miscellaneous
Further to company's delisting application dated January 02, 2008, as required under the delisting regulations, the Acquirer, ie; iGATE Corporation has made a public announcement regarding acceptance of shares of the Company at the exit price of Rs.410/- per share from the remaining shareholders. The announcement has been published in the newspaper. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.22 Jan · Business
Press release dated January 22, 2008, titled "iGATE signs a Multi-Million Dollar Global ERP Implementation Agreement with Cummins, A Fortune 500 Company". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.14 Jan · Suspension and Delisting of trading in equity shares
Members of the Exchange are hereby informed that the trading in the equity shares of iGate Global Solutions Limited shall be suspended w.e.f. January 28, 2008 (i.e. w.e.f. closing hours of trading on January 25, 2008) on account of voluntary delisting pursuant to the SEBI (Delisting of Securities) Guidelines, 2003. The admission to dealings in securities of the said company shall be withdrawn (delisted) w.e.f. February 4, 2008.14 Jan · Delisting of shares
For the period of six months from the date of delisting of the shares of iGATE Global Solutions Limited (iGATE), the contact persons from the Registrar and iGATE with whom the shareholders can contact for any assistance or clarifications, are as per the details as given in the attachment. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.9 Jan · Management
Auditor's report in respect of the audited financial results for the quarter and nine months ended December 31, 2007. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.9 Jan · Business
Press release dated January 09, 2008, titled "iGATE Global Solutions reports revenues of Rs 209.3 crore for Q3 FY08". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.
Results for the quarter to Dec 2007
Standalone: the listed company alone, without its subsidiaries. ₹ crore.
- Net profitNet profit. What is left of revenue and other income after every cost, interest and tax. Net profit in the glossary
- ₹27 Cr+15.6% on the quarter beforeChange on a year ago and on the quarter before. The change against the same quarter a year before: (this quarter's figure less that quarter's) divided by that quarter's, times 100. The change on the quarter before is the same sum against the quarter just before, taken as this quarter's results restate it where the company restated it: this quarter's year to date less this quarter. Left out where either figure is a loss, where the restatement covers two or more earlier quarters without saying which, or across a change of basis named under the table, on the lines it affects.
- Earnings per shareEarnings per share. Profit belonging to shareholders divided by the number of shares, restated for later splits and bonuses so they do not break the line. Earnings per share in the glossary
- ₹8.66+15.2% on the quarter beforeChange on a year ago and on the quarter before. The change against the same quarter a year before: (this quarter's figure less that quarter's) divided by that quarter's, times 100. The change on the quarter before is the same sum against the quarter just before, taken as this quarter's results restate it where the company restated it: this quarter's year to date less this quarter. Left out where either figure is a loss, on the quarter before wherever the profit of that quarter was restated, and across a change of basis named under the table, on the lines it affects.
From revenue to net profit, ₹ crore
- Depreciation−9.3
- Other income+3.8
- Finance costs−0.1
- Profit before tax30
- Tax−0.7
- Net profit27
iGATE Global Solutions results by quarter
Standalone: the listed company alone, without its subsidiaries. Latest quarter to Dec 2007. Results for the quarter to Mar 2008 were due by 30 May 2008, 60 days after it ends. Every company's dates are on the results calendar.
Revenue and net profit by quarter, ₹ crore
- Revenue
- Net profit
Operating and net margin by quarter, per cent
- Operating marginOperating margin. Operating profit before depreciation as a percentage of revenue: how much of each rupee of sales is left after running costs. Operating margin in the glossary
- Net marginNet margin. Net profit as a percentage of revenue: how much of each rupee of sales is left after every cost, interest and tax. Net margin in the glossary
| ₹ crore | Sep 2007 | Dec 2007 |
|---|---|---|
| Depreciation and amortisationDepreciation and amortisation. The part of the cost of plant, buildings and other long-lived assets charged against each year they are used. Depreciation and amortisation in the glossary | 9.5 | 9.3 |
| Other incomeOther income. Income from outside the main business, such as interest on deposits, dividends received and gains on investments. Other income in the glossary | 3.0 | 3.8 |
| Finance costsFinance costs. Interest and the other costs of borrowing in the period. Finance costs in the glossary | 0.7 | 0.1 |
| Profit before tax | 24.2 | 29.5 |
| Tax | 0.4 | 0.7 |
| Tax rateEffective tax rate. Tax charged as a percentage of profit before tax. Effective tax rate in the glossary | 1.8% | 2.3% |
| Net profit | 23.8 | 27.5 |
| Earnings per share | ₹7.52 | ₹8.66 |
| Diluted earnings per shareDiluted earnings per share. Earnings per share counting the shares that options, warrants and convertible bonds already granted would add, on today's share count after splits and bonuses. Diluted earnings per share in the glossary | ₹7.13 | ₹8.65 |
iGATE Global Solutions results by half year
Standalone: the listed company alone, without its subsidiaries. The half years to Sep 2007 in the same span that the quarters on record do not fully cover.
| ₹ crore | Sep 2007 |
|---|---|
| Depreciation and amortisation | 18.6 |
| Other income | 3.1 |
| Finance costs | 1.3 |
| Profit before tax | 35.9 |
| Tax | 0.2 |
| Tax rate | 0.6% |
| Net profit | 23.3 |
| Earnings per share | ₹7.37 |
| Diluted earnings per share | ₹6.95 |
Recent sessions
The 10 trading days to 25 Jan 2008, as traded on BSE.
| Date | Open | High | Low | Close | Average price | Volume |
|---|---|---|---|---|---|---|
| 25 Jan 2008 | 399.00 | 415.00 | 399.00 | 404.20 | 407.38 | 2,59,675 |
| 24 Jan 2008 | 401.00 | 406.00 | 400.00 | 404.20 | 404.08 | 10,800 |
| 23 Jan 2008 | 404.15 | 406.50 | 397.50 | 403.90 | 402.95 | 8,260 |
| 22 Jan 2008 | 380.00 | 405.85 | 380.00 | 404.00 | 400.95 | 24,378 |
| 21 Jan 2008 | 397.00 | 404.65 | 390.00 | 398.30 | 401.29 | 13,143 |
| 18 Jan 2008 | 403.00 | 405.00 | 399.25 | 402.50 | 402.94 | 3,088 |
| 17 Jan 2008 | 398.00 | 408.00 | 398.00 | 403.90 | 403.89 | 6,628 |
| 16 Jan 2008 | 400.00 | 403.55 | 400.00 | 402.50 | 401.89 | 8,031 |
| 15 Jan 2008 | 400.00 | 404.00 | 399.10 | 401.45 | 401.03 | 5,805 |
| 14 Jan 2008 | 393.25 | 402.00 | 393.25 | 400.10 | 399.91 | 5,915 |
Company details
- BSE code
- 532337
- ISIN
- INE177B01016
- Website
- www.igate.com
- Registered office
- 158-162 (P) & 165 (P) -170 (P), EPIP, Phase 2, Whitefield, Bangalore 560066, Karnataka