@Master Eagle , if you buy more than 1 then the acceptance will be same percentage as final AR of retail category. Lets say if final AR is 40% and if you tender 5 shares then 2 shares will be accepted. If final AR is 25% and if you tender 5 shares, then only 1 share will be accepted.
If you buy one share it will be accepted. If you buy 2 shares most likely only 1 will be accepted. If you buy 4 or 5 shares most likely 2 will be accepted
Last buy back of TCS was in mar 2022. Acceptance ratio was 24-26%. But for those who had less than 10 or 15 shares acceptance ratio varies a lot. Those who had 1 to 7 shares and surrendered all shares in buy back 1 share was accepted. Those who had 8 to 12 shares 2 shares were accepted. Those who had 13 to 16 shares 3 shares were accepted. So if you have 4 to say 15 shares then there is possibility of your actual acceptance ratio being less than acceptance ratio decided by TCS. Because actual number of shares accepted is rounded off to lower digit.
I am not saying this time also acceptance ratio will be same 25%. Buy back window will close around 2nd week of December. At that time if TCS share price is around 4000 (very optimistic) then acceptance ratio can be very high like 80 or 90%
There are minimum lots in each category: Retail (1 lot), SHNI (14 lots), BHNI (67 lots) etc. If allotted, will we get those many lots of respective category? For eg: incase of SHNI will we get 14 lots or 67 lots incase of BHNI. Appreciate your help.
If apply in Retail = 1 lot will be alloted If apply in Small HNI = 14 lot will be alloted If apply in big HNI = 14 lot will be alloted (probability of allotment will be 5 times high than SHNI)
874. jay here| Link| Bookmark|
November 18, 2023 1:02:22 AM
IPO Mentor (800+ Posts, 700+ Likes)
All shareholders who have not got confirmation mail,please do not worry. The process is going on,every eligible shareholder will get mail mentioning your DP id in which you have shares. Be patient and enjoy weekend🙏
@Ipo asansol Process is going on You will get soon if you are eligible Need not to worry Be Confident & enjoy yourself. Thnx
874.3. Basuvr| Link| Bookmark|
November 18, 2023 8:09:00 AM
IPO Guru (2000+ Posts, 1100+ Likes)
Ideally all eligible will get the mail, but incase someone don't receive it and holds TM shares on 13 Nov, can still apply in share holder category. No need to worry 🙂
1.TATA Technologies ( Going FF ) 2.Gandhar Oil ( Going FF ) 3.Flair Writing Industries ( Going FF ) 4.IREDA (Going HF - If allotment is confirmed then will apply more ) 5.Fedbank Financial Services ( Will Likely Avoid , No point in applying here , If Something unexpected happens then will think but 70 % Avoiding )
Also Gandhar and Flair has equal weightage Anyone can interchange as per their convenience Remaining 3 will be The same
@newgen consultancy sir please also post them in the order of risk/listing gains / post listing gains , for example gandhar may go high after listing or become a copy of ems , and ireda may open up but go down after listing
Newgen sir I have 6lac RS in my account, I think 2 lac for sh category in tata technologies+ 2 lac in shni category of Tata technology+? Where to invest my remaining amount, please reply
@ValueSeeker I am still confused with benefiary Ac no, as it is showing 16 digit space on asba ipo site, while a/c no is of last 8 digits only. Pls guide Attaching screenshot for reference
870.5. MuStrFc| Link| Bookmark|
November 18, 2023 12:19:39 AM
IPO Guru (3000+ Posts, 2400+ Likes)
@Shivay IPO Beneficiary A/C No. is DP ID + 8 Digit Client ID, so in total 16 digits
870.6. ValueSeeker| Link| Bookmark|
November 18, 2023 12:32:24 AM
IPO Guru (1500+ Posts, 600+ Likes)
@Shivay IPO bhai, new members aren't allowed attachments. Anyway, as guided by @MuStrFc bhai, first eight digits will be your DP ID i.e. 12033200, next eight will be your client ID.
I have joint account in Canara bank with my wife. Can i apply 2 applications one with my wife dmat account and one with my demat account? Is there gonna be any issue? @experts pls guide
Both of you can apply if both PANs are submitted for account opening . You can go to Canara bank net banking Invest- ASBA. Both account holders will be listed .You can select each account holder and respective PAN will be listed. Then manually enter demat details and apply.
864.1. MuStrFc| Link| Bookmark|
November 17, 2023 10:37:47 PM
IPO Guru (3000+ Posts, 2400+ Likes)
You cannot ignore this one unless you are certain of confirmed allotment and profitability in others if compared. So since at the moment everything is uncertain, so put all factors in and match them with available funds - thats your answer where to apply and where to skip
864.2. Basuvr| Link| Bookmark|
November 17, 2023 10:47:13 PM
IPO Guru (2000+ Posts, 1100+ Likes)
Things will be more clear by on 22 and 23 Nov once all IPO opens.
864.3. Redhu Jind| Link| Bookmark|
November 17, 2023 11:10:15 PM
Top Contributor (400+ Posts, 100+ Likes)
wait for 24th up to 2:30pm, everything will be clear... you will get a good idea in which IPO/category you should go...
Understand, eligible share holders of Tata Motors have been communicated through e-mail by Tata Technologies regarding SH quota provisions. What if this e-mail is not received despite holding shares of TaMo on 13th Nov? Does that mean such applicants will not be considered for SH quota?
Appears, process of SH eligibility intimation through e-mail is ON and sooner or later all eligible SH holders will receive the e-mail. However, non receipt of e-mail should not deter legit SH holder from applying in this IPO under SH quota.
I have 150 Tata Motors shares since 2017, But not received the mail.
But got email for family member who bought shares on 22 Oct 2023.
863.6. Seth.| Link| Bookmark|
November 17, 2023 10:36:32 PM
IPO Guru (1200+ Posts, 600+ Likes)
Even I didn't got mail yet , so far many hasn't got yet so we should wait it would be received 👍
863.7. CASuraj| Link| Bookmark|
November 17, 2023 10:41:30 PM
Top Contributor (300+ Posts, 100+ Likes)
@ganesh jaiswal It does not matter who bought shares one, emails to all SH is technical process, people should wait for some more time. Every SH who's holding Tata Motors as on 13th Nov in their DP will get the email.
And one more advice, please check you spam email, since the email is coming from a new id, it's falling under SPAM.
863.8. MuStrFc| Link| Bookmark|
November 17, 2023 10:45:05 PM
IPO Guru (3000+ Posts, 2400+ Likes)
@ganesh jaiswal and @Seth. Respected members, the arrival of mail is just a second confirmation that we are eligible. Since the systems mostly likely follow LIFO from what i observed for SH Quota eligible members, mail will arrive sooner or later.
Else even if it does not arrive and one has fulfilled all conditions, then without waiting for the email application should be made.
863.9. Seth.| Link| Bookmark|
November 17, 2023 11:03:47 PM
IPO Guru (1200+ Posts, 600+ Likes)
862.2. Earthking| Link| Bookmark|
November 17, 2023 10:55:55 PM
IPO Guru (1300+ Posts, 500+ Likes)
20-22 times means 20 * 6000+ = 120000 application ... highest i remember is close to 1 lakh application ... and again with too much IPO's on same day ... equation may change ... lot of possibilities ... personally i expect 16-18 times some bHNI applicants may also opt for sHNI since too much ipo at one go ... so bHNI application will be better option if one has that capacity ... it may max go for 5 times app wise ...
U should receive email today or tomorrow. Please check bulk/ spam folder of email. If you are sure that u had at least one share of Tata motors on record date u can apply under shareholder category even if you didn't receive email. On record date Tata motors share must be in your demat account and not in broker account