373. Aniketiaf| Link| Bookmark|
December 24, 2020 8:35:57 PM
IPO Guru (1800+ Posts, 10200+ Likes)
NIIT BUYBACK
COMPANY IS BUYING BACK IT'S ABOUT 7% OF EQUITY @ 240. 20% upside from CMP. A very good offer. Rest calculation regarding ER /AR will be informed later. Thanks.
Standard disclaimer: I am not a SEBI registered analyst. Please do your own due diligence/research and take advice from genuine financial Advisor/ Experts before act.
Given buy back is announced at a much higher price, share price will be high on Monday. At what price do you think, we should buy.
Thank you very much
373.6. Aniketiaf| Link| Bookmark|
December 25, 2020 8:13:51 AM
IPO Guru (1800+ Posts, 10200+ Likes)
@ lekker
Record date is yet to be announced.
Thanks.
373.7. Aniketiaf| Link| Bookmark|
December 25, 2020 8:21:42 AM
IPO Guru (1800+ Posts, 10200+ Likes)
German, Ideally their should be difference of about 15% between purchased price and Buyback price to compensate lower AR effect. In case of PSU, 10 % is sufficient as AR of PSU comes high. ( It's not a scientific but a fruitful formula) Thanks.
Whenever I've got an allotment in any IPO, I've been getting it through ASBA, in order to apply more applications I've been using friends and families accounts to apply, which I do by using UPI of their respective Banks, is this the reason I'm not getting more allotment? Is there someone here who has been getting allotments by applying through UPI?
IPO-UPI Mandate authorization (Google Pay) failed at 12:30 pm yesterday automatically, before I do it. Can the broker (Sharekhan) re initiate the mandate request for existing application after closing date of issue? Any idea experts?
A big NO !! Even EXCHANGE can do nothing when IPO closes. Well, for UPI, I prefer only and only banking owned upi apps.
367.2. All Time High| Link| Bookmark|
December 25, 2020 11:36:34 AM
Top Contributor (200+ Posts, 100+ Likes)
@NANDA IPO! Ok....Thanks for reply! I too use bank's native UPI ID usually. But this time I preferred GPay, only because it gives more timeframe to authorize. But this extra time is of no use, since 12 pm on next day is kept standard cut off time for all UPI platforms after which exchanges reject all pending mandates!
Please see NIIT LTD 2019 buyback history typing niit ltd 2019 buyback, in this size was 15% and price of buyback 125 and at end AR 61%. So offer is not good. Now AR will be 30%. Price to enter NIIT is Rs. 175.
I approved mandate yesterday and bank message came for amount blocking. But bhim app still at this time shows option to approve. Ek to aise hi luck nahi baith raha upar se ye issue. Can I check if my application is submitted?
364.5. crsl| Link| Bookmark|
December 25, 2020 7:33:33 AM
IPO Mentor (600+ Posts, 300+ Likes)
ASBA is the best method to apply
363. Eagleye| Link| Bookmark|
December 24, 2020 9:36:33 PM
IPO Guru (6600+ Posts, 21900+ Likes)