Feedback Message Board

MOIL Buyback

I have 1300 shares of MOIL worth > 2 lac so technically I am not a small share holder. Can you explain how it impacts my chance of participation in buy back offer @ 205

MOIL Buyback

Sir,
Acceptance Ratio will be comparatively very less in other than the small share holders category when compared to the small shareholders category in the Buyback.

MOIL Buyback

@ Ashish
In your category, as on 30/9/21 61 persons hold 33.57 lac share.
However this is a big buyback, 14.24% share of the company will be bought back.Though the final figure depends on the number participating, you may expect of atleast 22% absorption if you tender all 1300 shares for buyback. If the Govt does not take part in the buyback , it may be extended to 65-70 % even.

AksharChem India Buyback

32 shares are accepted out of 191 shares held on the Record Date and tendered for the buyback. AR is 16.75%. Thank you.

AksharChem India Buyback

I was having 20 shares in Zerodha and they credited 16 shares. Whether they accepted 4 shares or later they will credit back those shares. 4 shares missing and i didnt get money as well

AksharChem India Buyback

Sasikumar ji,
You contact your broker through mail/ phone/ in person in this regard to correctly know the position. Resultant amount of the buyback is already credited to the accounts concerned. Thank you.

Ajanta Pharma Buyback

Admn.,
Nucleus Software buyback page is missing. Please check up and do the needful. Thank you.

MOIL Buyback

ER ration kitne din baad aata hai

MOIL Buyback

Sir,
Please go through the reply furnished to Learning Trends in this regard. ER is nothing but the entitlement ratio mentioned in the reply cited above. Thank you.

MOIL Buyback

@KSRK sir,

I haven't received any buyback mail from my broker. Do I have to specifically contact them and tell them that I have to offer my MOIL shares for buyback? or is there any other way to participate. Thanks

MOIL Buyback

Sir,
Normally, within two or three weeks from the record date, mail will be received from the Registrar. I believe that you have already furnished your email address to your broker. Registrar will collect the mail address from your broker and will mail you regarding your entitlement.

MOIL Buyback

Hi Sir, I invested 5000 at price 168 1 month back
I didn't participate in buy back also what should I do please suggest

MOIL Buyback

Sir,
If you have submitted your email to your broking agent, you will definitely receive a mail from the Registrar duly intimating the number of shares entitled for the buyback. It is advantageous to tender all your holdings during the period of buyback to get maximum benefit.
You please read all the messages posted in the buyback pages to learn n earn from the Buybacks. Thank you.

MOIL Buyback

Buy back is a good news for the stock, also chart is looking good, as per weekly chart 210 is clear target to complete a channel.

MOIL Buyback

I hope your words come true. Even if it reaches 190 it will be a great move for both categories who want to tender and who do not want to.😀

MOIL Buyback

Shivam auto RE shares will start trading from tomorrow.

MOIL Buyback

Need some help in understanding the definition of a retail investor for the purposes of a buyback.
A retail investor is someone who has shares of value < INR 200,000.

But what is the price applicable? Is it the offer price? If it is the market price, then on what date? Is it the closing price, or vwap price? On what exchange?

I play it safe, I assume the price is 5% more then the offer price, and then buy. By this logic, I should've bought 929, but rounded down to 900.

But I guess I could buy more, safely.

Help from experts appreciated.

MOIL Buyback

Sir,
As defined under Regulation 2(i)(n) of the Buyback Regulations, a “Small Shareholder” is a Shareholder who holds Equity Shares whose market value, on the basis of closing price on Stock Exchanges as on Record Date, is not more than ₹ 200,000/- (Rupees two hundred thousand only). As on the Record Date, suppose the volume of Equity Shares traded on BSE was 1000 Equity shares and on NSE was 1500 Equity Shares. Accordingly, NSE, being the stock exchange with highest trading volume, the closing price was suppose ₹ 100 and hence all Shareholders holding not more than 2000 Equity Shares as on the Record Date are classified as ‘Small Shareholders’for the purpose of the Buyback Offer…..
Hope it is clear now…. Thank you.

MOIL Buyback

Sir, can I sell MOIL on 30 Dec and buy again sold qty later for tendering in buy back period.

MOIL Buyback

Yes, you can sell it today and buy later for tendering these in buyback.

MOIL Buyback

Thanks for the replies. Just experiencing the buyback first time. Not thinking to exit and re-enter and ready to face what ever the final outcome is. Not of trader mentality to do many enter/exit. Just pray that the offer period is announced soon so i can pull the money back sooner.

MOIL Buyback

Ajanta Pharma - Tender Route Buyback Approved

Buyback Price : 2,550/-
Buyback Size : 11,20,000 shares (285.6 Crore ₹)

Retail Quota - 1,68,000 shares
Record Date - 14 Januaty, 2022

Those who want to learn Buyback or want to Participate through single share may explore👍

MOIL Buyback

How can I be counted in reserved category in Moil? Holding 1k qty. Certainly disappointed with price volume action. Tiny trading in compare to buyback qty. I get estimate of AR not more than 30% and so can expect 11 k profit. Same 10k is available now. Since it has not good past I have put a sell order at 186. I am sure it will come to 155-160 once the buyback schedule is over.

MOIL Buyback

Dear ColdBurger,
if the share price increases to more than Rs.200/- at the closing of the Record Date in the stock exchange where comparatively more transactions took place (Normally NSE), then your holdings will be considered under general category. Otherwise, will be considered in the Small Shareholders/ Retail Category only. Thank you for your views.

Nucleus Software Buyback

I bought 100 shares today at 543 rs to bring down my average and to sell in open market in short term since I believe share price will increase once buyback tender period will open. I will add more on further falls

Nucleus Software Buyback

@KSRK: sir today i was out whole day so couldn't check/access much and didn't placed any order so i missed to sell it in today morning. I will check later. Probably this buyback deal will be profitable overall even if i dont sell in open market because if price will move around 600 then acceptance ratio can be good and for remaining shares also it may not fall much. Lets see. Will decide as per further price movements.

Nucleus Software Buyback

Lokes ji,
Thank you very much for your information n views. All the best.

AksharChem India Buyback

In this buyback difference between ER and AR will be minor or same.

AksharChem India Buyback

Sir,
I believe that the AR will be at least one and half times, if not double, the ER. Thank you.

AksharChem India Buyback

My prediction was also wrong...

AksharChem India Buyback

AR in case of Akshar Chem India is 4/191. A very disappointing one.

AksharChem India Buyback

Sir,
The size of the buyback is 1.7 lakh shares only. I believe that around 3 shares are likely to be accepted. Thank you.

AksharChem India Buyback

AR is 16.75%. 32/191. My estimation fortunately proved wrong. I am happy for that. Thank you.

AksharChem India Buyback

AR?

AksharChem India Buyback

AR is 16.75%.

MOIL Buyback

Hello friends ,. I am an NRI have an trading created account using my parents credentials. Bought 100 shares of MOIL @175. Please let me know how to participate in the buyback. I am using Angel Broking trading account.

For buyback
1) do we need to physically get a signature and post to register to tender.
2) If yes is there a way to identify buyback which can be online only. Please help me with your valuable guidance.

MOIL Buyback

From the relevant regd mail address, a mail is to be sent to the broker for tendering the shares (100) after the process of tendering starts.
This will do.

MOIL Buyback

@Asoke sarkar, Thankyou Sir for your help.
For some reason my original guest login is not working.

Nucleus Software Buyback

is anyone sure of this info
promoters are not participating in this tender offer and therefore 22 lakh shares will be accepted out of 94 lakhs(approx) ( healthy 24% ER, 30-40% AR)

Nucleus Software Buyback

I know and understand the AR point Kama ji

I am wondering how ER was just 15% when as per our calculations it shoudl have been 25%

22 lakh shares will be accepted out of 94 lakhs(approx)
No of shares are constant(94 lakh)
total shares to be accepted is also constant(22 lakh)

so min ER should have been 25%

What am i missing here

Nucleus Software Buyback

Aaashish ji,
If I am not wrong, you have wrongly arrived at the total number of shares held as approximately 94 lakhs ( I think after excluding the holdings of the promoters ).But you are taking in to account the total number of shares considered for the buyback i.e., approximately 22 lakhs( This includes the holdings of other than the small share holders ). That may be the possible reason for your arriving at 25% which is not in order. I have tried my best to explain. However, I welcome the readers, who can explain it in a better way, to elaborately explain what he misses. Thank you.

S H Kelkar Buyback

Sir I m participating buyback process. I have 780 shares and I placed all shares for buyback. On 28/12/21 the shares are not seen in my dmat account .how this happened and what it means..pls clarify...

S H Kelkar Buyback

Sir,
When you have tendered the shares for the buyback, they cannot be seen in the Dmat account. The unaccepted shares will be credited back to your Dmat account on completion of the process of the Buyback. Don’t worry. Thank you.

MOIL Buyback

It seems it will not cross 185. In that case need to keep hold of all till tender date. Can we sell some qty after tendering? Say 20% as AR is unlikely to be above 80%. Will that result in some penalty?

MOIL Buyback

@coldburger: after tendering shares, those are not allowed to sell, broker (mine zerodha) freezes all those shares and remaining shares will come back to demat after buyback is over.
As explained in my other message here, you can sell after record exdate if you wish, then you can buy again later for tendering, that is possible.

MOIL Buyback

once you tender the shares, shares will be debited and you won't be able to sell them
once company accepts the shares, they will return remaining shares to your demat account

S H Kelkar Buyback

Hello all,
I have never participated in any buyback.
Can you please guide me for following query?
If I buy S H Kelkar Shares at cmp say 150 & buyback value is 210. So, rather than tendering my shares for buyback if I keep them for few days then what are chances that stock price will increase atleast till 170-180 ?

S H Kelkar Buyback

Sir,
I am sorry to state that the process of the buyback is completing today in the investors’ aspect. Today is the last date for tendering the shares for buyback.
Chances are in either way if you want to keep the shares with the hope of increasing the price.
I don’t suggest you to purchase the shares. Thank you.