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following

Check the retail shares number in buyback.
Now check retail shareholding from bse site.
If retail shareholders number < retail shares in buyback , then 1 share strategy will work definitely.
Example, eclerx buyback
Buyback Size : 1375000 Shares
Retail Quota : 206250 Shares (15% of total buyback always )
Retail Shareholders till march 2024 are
~45000 only. ( shareholding upto 2lk rs )
So here, approx 2lk shares in retail quota and just 45k people, hence 1 share strategy will work for sure here.
For buyback, registrar accepts 1 shares first of all participants, then goes on proportionate basis for those who applied higher shares for buyback.
Hope you understand.

@UjwalG

Thanks for your detailed explanation. Very helpful :)

Little amendments here.First buyback fas per ER and then from left over shares one each to one who don't have any ER and again left over shares on proportionate basis to ER personal.

@ANJAY Could you explain what you're trying to say on the basis of ER?
I understood @UjwalG view but not yours
Further explanation would be appreciated