Capgemini is in the headlines for launching its 10th employee share ownership plan (ESOP). If you have bought or plan to buy its unlisted shares, you must know about it and its effect on Capgemini share price. First, let’s shed light upon Capgemini company – Incorporated under the Indian Companies Act 1956, Capgemini Technology Services India Limited is a public limited company. It offers customised and packaged application development, outsourcing, application maintenance, business intelligence services, etc.
Today, the company is a global leader in transferring and managing the business by harnessing the power of technology. Capgemini is trusted by thousands of customers in more than 50 countries as it addresses their business needs, from strategy and designs to operations.
Let’s move further and talk about Capgemini’s latest launch of the 10th employee share ownership plan.
Capgemini And Its 10th Employee Share Ownership Plan
On September 14, 2023, Capgemini, a French multinational information technology services and consulting company, introduced its 10th employee share ownership plan as per the information on its official website of the company. This ownership plan is offered to approximately 97% of the employees. The plan is a part of the Group’s policy to accommodate all employees with its development and performance.
The ESOP will be enacted through a capital increase reserved for the Capgemini employees for a maximum of 3,200,000 shares (1.84% of outstanding shares), with settlement delivery earlier than December 19, 2023. The ESOP plan of 2018 will reach its term at the end of this year, which will help employees maintain their shareholding at around 8% of Capgemini SE’s share capital.
As per the company’s planned schedule, the reservation period will open from September 15 to October 4, 2023. This plan will be followed by a subscription/ revocation period from November 13 to November 15, 2023. The company will set the new subscription price on November 10, 2023.
Capgemini New Subscription Plan
Capgemini will allow employees to subscribe to its shares per the subscription framework and guaranteed formulas. These formulas will allow employees to take advantage of a guarantee on the amount invested into this plan. There will be voting rights as well, which will be exercised by the shareholders, depending upon the formula and the context. Through direct shareholding or financial institutions, the employees can structure the offer and its counterparts.
Further, the successful implementation of the leveraged guaranteed offering entails hedging transactions conducted by the financial institution responsible for organising the offer. For this 10th Employee Share Ownership Plan, Credit Agricole Corporate and Investment Bank will be giving these transactions. Further, these transactions might happen either in the market or off-market, including buying/selling shares, acquiring call options, and other significant transactions.
Key Strengths Of Capgemini
If you’re a retail investor looking to buy Capgemini unlisted shares, knowing the company’s strengths will help you make robust and sound decisions. Let’s talk about them below:
- The company bought a 100% stake in LiquidHub India Private Limited, Liquid Hub Analytics Private Limited and Solcen Technologies Private Limited.
- The Group works on maintaining its carbon reduction objectives and commitment to becoming a net zero business and being carbon neutral by 2025.
- The company has a presence in more than 40 countries, with 50,000 employees in its office in India.
- Capgemini has a strong domain experience in Government and Public Sector, Telecom and Financial Services, Energy and Utilities, and manufacturing sectors.
Capgemini Unlisted Shares Performance FY22-23
Knowing the unlisted shares performance of Capgemini for FY22-23 is essential for retail investors to make a wise decision. The revenue from operations of the company increased from Rs. 2,257 Cr to Rs. 2,784 Cr, highlighting a YoY growth of approximately 23.4%. Also, the profit for the year surged from Rs. 248 Cr to Rs. 296 Cr, which shows a YoY growth of approximately 19%, while the Earning Per Share (EPS) increased from Rs. 419 Cr to Rs. 535 Cr, highlighting an increase in shareholder value.
The financial performance of the company for FY 22-23 indicates a growing business operation, which has also impacted the share price of Capgemini. Currently, Capgemini unlisted shares are available for trading at Rs. 12,305 per equity share.
Future Outlook Of Capgemini
Capgemini is a global company with a presence in more than 40 countries. The company offers a golden opportunity to its investors to earn a high return by buying its unlisted shares. The company hasn’t released its IPO; therefore, making an early investment in its unlisted shares will give investors a high ROI. If you’re a newbie to the unlisted share market or struggle with investment, trust expert brokers at Stockify, a leading stock broking platform in India. The experts will share every detail of the company with you, including EPS Growth, EBITDA, Profit and Loss statement, balance sheet, etc. Connect today.