ER is same for reserved and General category. So don't see any better AR. Only if the price surpass 81 level and many decide to exit instead of tendering in buyback, a better AR can take place. Did not pay attention to close details of the offer was a blunder.
ER is only 1.5% for retail , so disheartening. Got email for 29 out of 1779. So now we need wait the election to get over before we can exit above 100 from this script.
Never involved in rights issue and I am not sure how it works. As a investor what all I have to do? I have 2k+1k shares in two accounts. 1) When the issue opens then we can bid for entitled quantity via ASBA, right. Can we bid for more quantity and chance to get that? 2) Is the price fixed during bid or it has some cind of cut off like in OFS? 3) Read that shares will be credited automatically in demat which either to be sold or used for application. This I find complex. While I am studying, any experienced senior please explain in simple terms of can with example.
1 - Yes you can apply any quantity irrespective of your current holding (Must hold 1 Main share or RE) 2 - fixed prices same as IPO 3 - share will get credit in account and you can share as simple as you do for any other of your holding in Demat account
1 share strategy not worked. Got 0 entitlement email . What is ER ? 6-13 March tender date. Hope it has good AR ratio. Since I have only 1 share I will sell in open market.
@CB, entitled shares will be 0 for single share holders, but if tendered there is a good chance for acceptance. AR is guesstimated to be around 50% for single share holders.
In the TCS buyback email to me, entitled shares was 0, but when tendered they accepted it.
There are about 5 lakh small share holders with single share who bought the share after the buyback announcement just for tendering it to pocket the difference. To wait and see how many of them will be lucky
42.3. vibhor saxena|| Link|March 5, 2024 11:09:22 AM
Entitlement Ratio is 7/27. That's why you got that email But, AR will be different from ER You gonna find out only after tendering the shares
Fantastic AR of 42% for Retail. Buyback looks charming again. Only if I had bought up to 2 Lakh to reap the great tax free profit. 420 ot of 1000 accepted and fastest buyback in my memory😄🙏
@admin chittorgarh.com Admin i request you please available all comments on a single page also And also current way also run parallel I mean COMMENTS ON DIFFERENT BUYBACKS SHOULD BE AVAILABLE ON A SINGLE PAGE
Congratulations, Team Chittorgarh.com. Once again, the team has been proved to be readers friendly by making all out efforts to ensure that each and every step taken by them helps the readers to better understand the required details easily. Good going. Keep it up.
I have tendered in Zerodha few days back but still shares not debited. In case of MOIL it was debit very fast post tendering. Zerodha showing order received. IS same case with other users?
ColdBurger ji, When you tender the shares, they will be blocked in the first instance. At the time of finalising the acceptance, all the tendered shares will be debited and then the unaccepted shares will be credited back to the Dmat account normally in a day or two.
ER is just 8% Hope AR is better and above 40%. Due to market conditions tough to guess. I exited @173 and think it was good decision in such turbulent times.
Yes AR will be around 35 to 40% .. it was good decision to exit st 173rs. I also sold 50% at rs 171.. Will go through buy back cycle for remaining 50%.. hope remaining unaccepted shares are only profit -free shares...
32.2. KAMMA SIVA RAMA KRISHNA|| Link|May 16, 2022 11:57:53 AM
Amit ji, I am also hopefully looking forward for the AR of around 40%. But I am afraid that it may be around 30% only. Let’s wait and see. Thank you.
@coldburger Exit at 173 was wise, you are making good money than participating in buybacks. This time AR will be less than 25%. Congratulations to all who skipped it
@coldbu.... You exited at right time, we failed to do so. AR about 35 to 40 is just like daydream. Considering market situation 20-25 is reality. I again repeating those days of buyback are gone.
Total retail quota is 8547820, individual bids 56099189 shares. assuming 40% of individual investors are retail, AR comes to around 38%.. let's see how will the final AR ..
32.6. KAMMA SIVA RAMA KRISHNA1|| Link|June 8, 2022 12:30:22 AM
Amit Sir, Thank you very much for your update regarding the bids submitted by individual investors and your assessment of the AR in respect of the Retail Category.
I need help in understanding how to participate in open market buyback. Do i need to place daily sell order @875? I had good qty of UPL but now only 16 left looking to exit these now.
Relived to see AP above 25%. It was quite worrying due to market condition and high tender volume. Missed @KSRK sir a lot during TCS buyback.. Went by his suggestion for MOIL and submitted all in TCS. Hope TCS will touch 4K figure soon. See the TATA ELEXI how it is on fire in this market condition. Missed great opportunity today, flat 10% gain in 2 hour was on card.
Seems AR will be not more than 25%. I thought BSE will have less bids but saw something startling. BSE itself have more than 200% bidding. Option to sell in open market must be considered.
BSE Total Bids: 8,68,97,818 https://www.bseindia.com/markets/publicIssues/BSEBidDetailsACQall.html?Scripcode=5687
NSE Total Bids: 1,25,31,030 https://www.nseindia.com/market-data/tender-issue-information?symbol=TCS&type=Active