Checked in Axis Direct Holdings for 3 single share NSDL Account and found still blocked. Same is the case with 1 share with Nuvama. Debit or unblock message may come on 18th Monday.
What's going on..???? Everyone saying 1 share is not accepted???? Why????? I think Grow manipulate this from their pull account...... Raise compliant to SEBI..
1 shares accepted from my account and other 8 account not accepted 1 shares groww mail received not accepted from 8 account and 1 accepted from my account
Groww running upfront in buyback or what before RTA they are deciding accepted or not 😂 , gorww them selfs are rejecting internally or what ? Due to low funds or else ?
I haven't received any email from Zerodha or the registrar regarding acceptance yet while those who applied using Groww seem to have received such communication. Has anyone from Zerodha received any intimations? Please inform.
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
Retail quota is only 15% of the total Issue size amounting to 600000 shares. Those who have assured ER will have priority over those holding 1 to 6 shares with zero entitlement. Let's wait for a few more days to know our luck.
Bajaj Auto Buyback 2024
1share accepted in all accounts.