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MOIL Buyback

Kamma Siva Rama Krishna ji

I hold 84 shares but got the mail for tendering only 16 shares. Can i tender all the 84 shares or would i be allowed to tender only 16 shares. If i can tender all the 84 shares then what is the relevance of ER.
Thanks in advance.

MOIL Buyback

Auto correction resulted in addressing Radkrish ji as Ramkrishna ji. Sorry.

MOIL Buyback

@Radkrish: Relevance of ER is that guaranteed those no. of shares will be accepted by company as per your entitlement. Means if you even tender 16 shares only, then all 16 will be accepted. But if you tender all 84 shares, then other than 16, some more shares will be accepted in proportionate method as per as per availability of shares due to non participation of everyone, and that final accepted shares ratio will be called as acceptance ratio.

Ajanta Pharma Buyback

@All,
Received email from Ajantha Pharma.
I have 40 shares and ER eligibility is 7 shares.
Looks ER is 17.5%

Any idea how much could be AR? Hope you also received email.

Thanks.

Ajanta Pharma Buyback

@Kishen : you are not eligible else you would have got email. You can once check your spam folder also. Debit might have happened from your account by 14th.
For buybacks, never sell share until record date, its not like bonus/dividend where you can sell on ex date and still be eligible.
@suneel: yesterday ajanta pharma moved a lot and i feel on monday also it will move up due to buyback opening news. it may come near or cross your buy price.
And buyback will be profitable even if AR lesser than 50%, don't worry.

Ajanta Pharma Buyback

@lokes,
Thank you...it's a lesson learnt now...will be careful from next time...happy it didn't happen with tcs...
Thank you for your response...

TCS Buyback

KSRK sir, lokes and others - Are you guys still accumulating TCS or already bought completely ? I bought 7 @3870. Today at 3830 its more attractive but dont have much fund now. Will buy once Nucleus funds release. Still more 38 shares i want to buy. Thinking that on budget or after budget it might fall more. What do you think, will it go below 3800?

TCS Buyback

Thanks @Lokes,
If promoter is tendering his shares in buyback, then AR will be very less. If not, for stocks like TCS, general category will be much profitable.

TCS Buyback

Bought 30 each in 4 accounts @avg.cost of 3800

Going Full force with 4 accounts and 44 shares

TCS Buyback

Anyone knows that single share tender from single PAN will be surely accepted or not in tcs buyback ?

TCS Buyback

yes i think single share tendered should be accepted in buyback.

TCS Buyback

IF I HAVE 50 SHARES OF TCS ON RECORD DATE
CAN I ELIGIBLE FOR TENDER IN BYE BACK?
PLEASE REPLE.
I AM CONFUSED.

TCS Buyback

Yes; you can tender as many as you may have.
No confusion.
If the total price is less than 2 lac, you will come under retail category with prospect of larger benefit.

TCS Buyback

@RK sharma: yes as @asoke mentioned, you will be eligible for buyback with any number of shares and you can tender any no. of shares. You may sell 5 shares before record date to be sure to come under retail category where more shares will be accepted in buyback tender.

TCS Buyback

@ Ou Ai and friends

Have anybody gone through the case of Shivam- RE ?
It has created a maiden trend in this parlance .
Any experience or take ?

MOIL Buyback

In my Dp account as on 30.12.2021 i have 150 shares credited but I don't have any emil from Company.
So, is there any process ? Please give me gudience.

MOIL Buyback

strange...even i havnt received the mail

MOIL Buyback

Thank you Kamma Sir.
Today I Received Email.

TCS Buyback

Today I came to know that my broker ( https://trade.myespresso.com/) is not providing any facility/help for Buyback bidding, so I want to know that what are the other options available with me for Buyback bidding ( on the day of Buyback).

please help

TCS Buyback

Open demat account with other broker and then buy from that demat account :)
Shares can be tendered via broker only. You can one more time check with your broker may be, mostly brokers allow. or you can open account in zerodha or groww or uptox etc etc Zerodha allows to tender from site itself, other brokers am not sure how. you can ask them before account opening.

MPS Buyback

BUYBACK OPENS ON : Friday, January 14, 2022
BUYBACK CLOSES ON : Friday, January 28, 2022

MPS Buyback

Please share buy back

Nucleus Software Buyback

Below msg recd , which means 100% Acceptance ?

On 13/01/22, 348 NUCLEUS debited from your a/c xxxx5396 for Pay-in..NSDL

@ksrk sir @lokes

Nucleus Software Buyback

got 87 shares back to account
so out of 450 in general category 363 got accepted. little over 80% acceptance

Nucleus Software Buyback

IN Retail category out of 50 tendered 26 accepted and 24 are returned

So General category investors got better acceptance for them

Nucleus Software Buyback

From last 5 days, prices are beaten down too much in this share without any reason so for remaining shares, selling will be in loss only for mostly. Still this buyback deal will be good profitable if acceptance ratio comes around 70%

Nucleus Software Buyback

yes acceptance ratio is less than expected, no idea how....
But atleast share price giving very good upmove now, since in general category, 80% of tendered shares were bought back so some buying demand is there now.
Better to book profit for remaining shares too whenever they are credited back in broker account.

Nucleus Software Buyback

Share price fallen a lot from todays high, so good whoever sold it at upper price today, i sold half of my holdings at 590 and holding remaining.
I feel it can again come above 600 in short term once market supports since a lot of shares are extinguish now from buyback and there won't be much selling pressure from general category atleast.

TCS Buyback

Till which date we can buy tcs to participate in buyback?

TCS Buyback

Record date hasn't been announced yet by the co., so one may buy the shares if one would like to participate in the BB event (as per his convenience).

Thanks

TCS Buyback

Record date will be announced on 15th feb after evoting results and record date will be probably around 21st to 25th feb.

TCS Buyback

Is there any HNI category as part of general category in buyback?
Retail cap is 2 lakh. If i have more than 2 lakh worth of tcs share, let say 100 share, and i want to tender all, what could be estimated AR/ER based on previous buyback of tcs... or we cant apply in general category ?

TCS Buyback

@lokes ji Im participating buyback frst time
Bought 4 shares @3850 today just to understand the process. How do I tender via email !? and when !?

TCS Buyback

@ramsan: you can get more info on buyback from here:
https://www.chittorgarh.com/article/buyback-of-shares-meaning-procedure-and-taxation/517/
https://investorzone.in/everything-about-the-buyback-you-want-to-know/

you need to buy shares upto 2 days before record date (below 2 lakh value to be under retail category which has 15% reservation so generally more shares are accepted back by company in retail category)
you will get mail from registrar after record date is over for your eligibility and shares holding on record date. you can place order from your broker site for all shares as holded on record date as per mail. In buyback mail, dates will be mentioned for tender period upto which you can tender shares in zerodha. Also read below link info in zerodha. For other brokers, you can call them to know how to place order for tendering shares when buyback period opens.
https://support.zerodha.com/category/trading-and-markets/corporate-actions/articles/how-do-i-apply-for-buy-back

Nucleus Software Buyback

Hopefully today evening/night we will get contract note of buyback from our brokers. Expecting 75-80% acceptance ratio in retail category.

Nucleus Software Buyback

I think tomorrow final settlement of orders will happen and we will come to know tomorrow about acceptance ratio. 21st Jan was the date for settlement of bids.

Nucleus Software Buyback

Only 48% acceptance ratio in retail. Anyway after all the deduction (STT, Exchange charges, Zerodha buyback fee, Depository charges) Rs 698/ share. Anyway good profit.

Nucleus Software Buyback

For retail investors 48% acceptance..
I have 50 shares out of which 24 shares are taken.

Nucleus Software Buyback

got contract note
81% acceptance in hni
super cool profit

Nucleus Software Buyback

ER is 15.44 and AR will be in between 35 to 45

Nucleus Software Buyback

It will be in general category if both PAN will be same...

Nucleus Software Buyback

Final AR is marginal higher than your guess.

Nucleus Software Buyback

AR in retail is approx 48%

MOIL Buyback

Dear Team,

I have received mail from MOIL , Holding 321 Shares and Entitlement is 63.

Now please guide what to do ?

Shall i tender all the shares (321) or only 63 for buyback.

Also process for the same.

Thanks in advance.

Regards

LABHesh

MOIL Buyback

Sir,
It is suggested to tender all the shares held on the Record Date to get the maximum benefit as AR is likely to be more than the ER due to non tendering of all the/some of the shares by the investors due to their own reasons. Thank you.

MOIL Buyback

Thank You Sir. . .

Regards

LABHesh

MOIL Buyback

I bought MOIL shares on 31st Dec (record date) but as per current rules (T+2) it got credited in my account on 3rd Jan.... so, am I eligible for buyback or not ?

PS: I have not received any mail from MOIL, if I'm nit eligible, then wish to sell those shares. Any suggestion will be appreciated. Thanks!

MOIL Buyback

Sir,
Your holdings are not eligible for the buyback and hence you have not received any mail/ communication. Thank you.