Stanley Lifestyles Limited IPO Message Board (Page 13)

​@Basuvr Thanks for sharing this info. It will be interesting to evaluate whether it is worth considering or not. What's your take?

​@Chhote Lal Todays price is 1075, my purchase is 970. Last year buyback price was 500 and AR was above 30%.

Buyback shares are ~ 2228 k
Retail Quota can be 15 i.e. 334 k

Retailers as on Mar 24 is 89 k, which can increase to 120 k on buyback date

So overall looks good, I think 1 share strategy will work here and AR can be above 20% atleast.

🙏

​@Basuvr @Chhote Lal I agree, AR should be around 18 to 20%..
I would not be taking part in it, because funds are blocked for months and there are going to be lots of IPOs coming in june, july!!

​@Basuvr  @Vimal Garodia  Thanks so much for sharing your views 👍

​@Chhote Lal @Basuvr how does the 1 share strategy work in share buyback? I thought you need to have all the shares needed to be participating in buyback

​@Bibhu No, you do not need to have ALL the shares. You can tender even one share.

You will get the most benefit if you have shares worth just below 2 lakhs on record date..

If you have one share and you tender that only share, company GENERALLY accepts that share in buyback..specially if the buyback size is large..

​@Bibhu Agrees with what out friend @Vimal Garodia has mentioned. One share strategy may not give any phenomenal returns (earning just 300 may not be big deal), only consolidation is all such rewards are tax free.

*consolation
Sorry for typo

Those who have multiple accounts of family members and relatives will get confirm benefit with 1 share strategy.

🙏

​@Basuvr Yes, that can be tried out. A tax free gain of about Rs 300 in each account is good idea 👍

I still did not understand the 1 share strategy, is it something like you buy 1 share today and offer the same for the buyback, you will be having confirmed chance of allotment thereby gaining ₹300 a share?

But as the @Basuvr Sir said that the Acceptance Ratio will be somewhat around 20%, doesn't it mean that 1 out of 5 individuals who had applied for 1 share buyback would get it and not all of them, i.e., 5 individuals.

Kindly clarify sir.

​@Curio No, thats not how it works. Registrar accepts 1 share of each participants first and then goes on accepting according to acceptance ratio.
The above holds true when retail shareholding is less than no. of retail shares in buyback. If the retail shareholding is greater then there is lottery who holds 1 share or less than entitlement ratio.
Here retail quota is ~3lk ad retail shareholders are less than 60k afair. Hence 1 share will be definitely accepted here.
If someone has many demat accounts he/she can take benefit of this. As buyback gains is tax free

Thank you very much @UjwalG Sir for the clarification. Understood it clearly now🙌

One more question sir, as you and @Basuvr Sir mentioned that the retail quota can be somewhere around 300k shares and the potential number of retailers may increase to 120k till the buyback date. So, can we expect 2 shares confirmed allotment and the rest on lottery basis or only 1 share will be allotted confirmly and the rest 180k on the basis of Acceptance Ratio (assuming all the retailers apply for buyback) ?

​@Curio It will be 1 share taken by company ain buyback offer.

If you have 10 share, then it will be 2 share if AR is 20%

🙏

Can we use minor accounts for buyback ? @Chhote Lal @Basuvr

​@Harsh Newguru Nothing happened, it is just not updated in the website..
Some sites are in SBI mode 😜😜

​@Harsh Newguru With all due respect, i do not want to comment on the site you mentioned, because it is a sister site of CG..

That comment about SBI mode was in lighter vein, relax..

The website i am watching is being updated regularly and no, i cannot disclose the name because that will be against the rules of this website, apologize for that..🙏🙏

60 now..

It starts At around 80k
I have personally went in their store

Confirm and tentative at the same time??

Reminded me of quantum computing lesson from my college days, a long long time back.
Where a particle exits in more than one state!! 😊😊

I think one question mark was missing, one can always use confirm and tentative together too. For example, in a question like :
Are dates confirmed or tentative?

its 1200 Cr ipo..i think