RITES Limited IPO Message Board (Page 15)

how to give shares to them?plz advise me and if i have 10 shares so can i participant in buyback?

@ SONAL PATEL TAMARI WAT BAROBAR SACHI CHE. AA EK GOLDEN OPPORTYNITY WITHOUT RISK CHE. MARI PASE TCS NA 75 SHARES CHE LAGABHAG 1150 NI COSTING CHE

Sonal patel please share information in English/hindi.thanks in advance

@Sonal Patel, you mean if someone buy today @1876, company will buyback at 2100/- and retail investor get direct profit around 224/- per share?

^ There are multiple things to keep in mind.
First - no one knows the acceptance ratio. Multiple sources are saying that it made be upwards of 80% so we can agree on that assumption (last year it was 100%). The lower acceptance ratio may be because of greater participation this time.

Second - There are transaction costs associated with it which are slightly more than secondary market operations (these change from broker to broker, but multiple sources say that it will be about Rs. 4000 for full tendering in retail limit).

Third - the remaining 20% will have to sold in open market and that may eat into our profits if the price is low.

Fourth - STCG will also be 15% of the total profit. Recently there was bonus and thus if accepted then purchase value will be 0 which will increase the STCG.

Fifth - The ex date may be in late August, so there are time and opportunity costs. And holding costs too.

It is a good opportunity. In any case TCS is a bluechip that is a must in your portfolio irrespective of buyback or not.

Thanks Dr. Jan Itor for your deep analysis and valuable information.

Dear Sonal Patel ji,please write your comments in HINDHI or ENGLISH next time . Now please note the record date of TCS buy back is 5.7.18 and buy back is on 24.8.18.

Those who haveTCS bonus shares,(only two months old) will have to pay short term capital gains tax as their cost of acquisition is zero.
15% on 2100 = 315, making it unattractive for them to tender their bonus shares.

@khushbir Singh, can you please let me know from where you came to know about the record and buyback dates?

dear sonal patel ji, pls write in english, we dont understand gujarati. thanks

* TCS BUYBACK: *

➡ The company has a buyback for a CASH that is more RESEVE

➡ No buyback for an ACQUISITION anymore

???? * TCS * ????

⭐TATA GROUP and the only company with INDIA $ 7 million worth value

???? * TCS BUYBACK * ????

⭐CMP :-( Turn Value) 1850.
⭐BUYBACK AT: -2100
⭐ TOTAL% OF BUYBACK: - 2%
⭐ RETAIL% OF BUY BACK: 50% (2400 Cr)
⭐TOTAL BUYBACK: - 16000 Cr
⭐RETAIL SHARE HOLDING: 5000 Cr (APPROX)

???? * TCS BUYBACK BENEFIT * ????

માટે Value will increase to reduce the market share.

⭐RECORD DATE: - NOT DECLARED

Because the shares of ⭐RETAIL are more ACCEPT, according to the SEBI rule, 15% of the total BUYBACK needs to be booked for retail.
That is, a small share holder will benefit greatly at the expense of the large share holder who has more than 95 shares.

⭐ACCEPTANCE ratio: -
If 75% of the SHARE goes to 75%, the remaining shares will cost 950 rupees
(If taken in 1850), and 60% goes the same way, the remaining shares cost 1400 rupees;
50% of the remaining shares have 1550 rupees.

⭐TCS's Last Buyback had 2350 price and had a buyback in 2850. Then 100% of the shares went to the buyback of RETAIL INVESTOR.

⭐ If you do not have TCS's SHARE, then you can still purchase it here in BUYBACK.

⭐MAXIMUM 95 SHARE can be taken

⭐1.5 to 2 months INVESTMENT will be time-consuming.


OK

Yes .me tooo....icic bank...amount not block...till everything is ok...but amount not bolck