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I've applied 1 share strategy from different accounts what can be the ACCEPTANCE ratio will it work or not ??

As per offer letter there were about 7 lakh retail shareholders with total of about 23 lakh shares . It was anticipated with such large no. of retail shareholders that atleast 5 lakh shareholders may be with 1 or 2 share holding. However, subsequent to record date, the share prices jumped to Rs. 9000/- and many shareholders might have booked profit instead of waiting for buyback uncertainty. Total no. of orders placed for buyback is about 5 lakhs ( including orders for retail, HNI , institutional, MFs etc) and no. of retail shareholders being highest, I assume that 80 to 90% of orders may be from retail i.e 4 to 4.5 lakhs, majority being 1 share orders. So anyway 7 lakh shareholder no. is already reduced to 4 to 4.5 lakhs, hence there are good chances that all 1 share orders may get accepted. This is my assumption and assessment which may be wrong also.

Hi Arvind this is really convincing argument. I did sell partial holding at 8950 and submitted 10 for BB against ER of 5 .
Hope to accept all . Rest 9 will be on hold post election / qtr 4 result