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@KSRK
What will b the ar for moil.

Thanks.

144.1. KAMMA SIVA RAMA KRISHNA

| Link|November 30, 2021 5:14:42 AM

Sir,
Earlier I thought that it would be around 50%. But now, due to increased interest in the retailers to significantly purchase the shares of almost all the companies in so many number of accounts to participate in the buybacks, the AR may be around 30% though the size of the buyback is not a small one. Thank you.

144.2. lokes

| Link|November 30, 2021 9:50:44 AM

AR in moil can be around 40% due to its large size.
if moil share price during tender period is around/above 185 then good AR will be there else if share price will be below 180 then it may not be good.

144.3. Jigar

| Link|November 30, 2021 11:23:20 AM

@KSRK & lokes sir,
As per ur experience in buyback If MOIL AR is 30 to 40%, can rest shares will be give good profit or not in secondary market?

144.4. lokes

| Link|November 30, 2021 11:30:48 AM

@jigar: In my opinion, if your average buying is around 170 or below in moil, then i think no need to worry about rest shares, means you should get chance to exit above 170 may be around 180 after buyback and the profit in accepted shares will be your actual profit. Rest lets see, depends on market conditions too.

144.5. KAMMA SIVA RAMA KRISHNA

| Link|November 30, 2021 11:54:54 AM

I add “your holding capacity of the unaccepted shares till you get your target price” to the “market conditions”.

144.6. Jigar

| Link|November 30, 2021 1:47:34 PM

Thank u very much
Ksrk & / lokes sir.

144.7. ColdBurger

| Link|December 1, 2021 11:20:05 PM

Is not there any time limit to declare record date after launching buyback scheme? There is simply no news about record date. If it goes above 185 then I may exit all holding as market mood not positive.

144.8. KAMMA SIVA RAMA KRISHNA

| Link|December 2, 2021 7:34:59 AM

Sir,
No time limit.

144.9. ColdBurger

| Link|December 2, 2021 11:03:59 PM

@KSRK Sir- Thanks for replying.
May request you that please don't use Sir work at least when replying to my query! I regard you much for one the best forum members with sane suggestions.

144.10. KAMMA SIVA RAMA KRISHNA

| Link|December 3, 2021 8:38:47 AM

Dear ColdBurger,
I am 63. I don’t know whether the person whom I am addressing is elder to me or not. Moreover, I love to respect each and every one. Hence calling everyone sir/ ji is my passion. As you are specific, now onwards I address you as dear……. . Thank you for your kind n affectionate words. All the best.

143. Sudhir

| Link|December 1, 2021 8:07:20 PMReply

Dear Team members,
I have two dmat a/c of same name. In one dmat a/c I have 200 shares & 50 shares in second account at record date which is below of 2 Lacs limit. May I submit both accounts shares for buyback. Please advise.

Regards

143.1. lokes

| Link|December 2, 2021 12:00:07 AM

@sudhir: if both demat account belongs to same pan number then combined shares will be considered on record date for calculating retail category. So with 250 shares, ya you will be in retail category.
Yes you can submit shares from both demat for buyback via your broker.
Record date is still not announced for moil buyback.

143.2. Sudhir

| Link|December 2, 2021 12:05:04 PM

Thanks Lokesji for your kind advise.
Regards

142. IPO Mitr

| Link|November 20, 2021 12:20:51 AMReply

Load more comments (13 replies)

Nucleus software did not have very good Sep'21 quarter result. Share price was supported by buyback announcement which was already announced before announcement of results.

There is the possibility of +10% share price fall just after the record date. Suggest everyone to consider this possibility and decide accordingly.

142.1. KAMMA SIVA RAMA KRISHNA

| Link|November 20, 2021 8:18:36 PM

IPO Mitr,
Yes, I agree with your views. Hopefully, the final AR is likely to be more in the non retail category (holding shares worth more than 2 lakhs on the Record Date). Your suggestion is also to be considered while a decision is taken in this regard. Thank you n all the best.

142.2. AvinashUppalapati

| Link|November 22, 2021 6:29:41 AM

@Kamma sivarama krishna garu
https://www.sebi.gov.in/legal/regulations/sep-2018/securities-and-exchange-board-of-india-buy-back-of-securities-regulations-2018_40327.html

As per SEBI guidelines, Small shareholders are eligible for 15% quota or as per their holding % which ever is higher.

so in this case , i think there is no difference between small( less than 2 Lakh) or bigger investors(who own more than 2 Lakh)

hope it clarifies

142.3. KAMMA SIVA RAMA KRISHNA

| Link|November 22, 2021 7:15:55 AM

Avinash garu,
In case of Nucleus only, I still believe that the AR will be hopefully more in other than small shareholders category due to non participation/ negligible participation by the promoters in the buyback. Even if I am proved wrong, I wholeheartedly accept without any scope for second thought. Dhanyavaadamulu Uppalapati Vaariki.

142.4. lokes

| Link|November 22, 2021 4:42:14 PM

@KSRK sir: you can try participating in nucleus buyback with two different accounts , one with retail amount and other with general category :) if you have funds for that. So it will give you chances on both sides, whichever side AR comes better.

142.5. KAMMA SIVA RAMA KRISHNA

| Link|November 22, 2021 5:50:06 PM

Sir,
I have 240 shares in my account and 355 shares in my wife’s account. I don’t have any more funds to add any to my account.

142.6. lokes

| Link|November 22, 2021 7:39:32 PM

@KSRK: so 240 shares means in retail and 355 will be probably in general category if price stays above 570 till friday, so already you will be having both. Thanks.
we will have better understanding then later after buyback is done.

142.7. IPO Mitr

| Link|November 29, 2021 12:42:06 PM

Speculative investment in Buybacks doesn't always work. Fundamentally, one should be very careful in investing in a company just for buyback when the recent performance of the company has not been satisfactory.

142.8. KAMMA SIVA RAMA KRISHNA

| Link|November 29, 2021 2:08:36 PM

IPO Mitr ji,
I wholeheartedly n completely agree with your observations. Though you have already cautioned me to be selective earlier, yet I have purchased shares of almost all the companies who declared the buyback. Though there may not be net loss, yet the already earned profit in this regard is likely to be set off against the possible loss in Star Cements, Goldiam International, Nucleus Software,……,……,……,…….,……etc., due to unexpected downfall both in the AR n CMP. Had I been attentive, the position might have been better. As long as the market conditions are good, we earned reasonably good profits. But now? It all depends upon recouping of the good market conditions where the prices of the shares bounce back. Let us wait and see with out becoming panic n loosing patience/ heart. Thank you.

142.9. lokes

| Link|November 29, 2021 2:13:16 PM

Well said @IPO Mitr and @KSRK sir. Agree with both of your views.

142.10. IPO Mitr

| Link|November 29, 2021 10:53:48 PM

We all will continue to learn from each other's experiences. I am sure we all will do well together in longer term. Our hard work will definitely prevail.

142.11. KAMMA SIVA RAMA KRISHNA

| Link|November 30, 2021 5:49:03 AM

IPO Mitr ji,
Desirable awareness of Retail Investors who are purchasing reasonably good quantity of shares for all the maximum possible accounts to tender for buyback may also be one of the reasons for the deterioration of the AR in the recent days. In addition, the pressure of selling the unaccepted shares in the market after the buyback is also very much increasing, the result of which is non sustainability of the share price. These are all may contribute significantly to the possible aversion to the Buybacks in the near future. Thank you.

142.12. IPO Mitr

| Link|November 30, 2021 12:01:13 PM

KSRK Ji,

Value your additional point of view.........There can be multiple line of thinking for change in stock price especially during buyback period. I really appreciate all views especially yours, considering your close and longer associations with buybacks.

Since there were discussions and recommendations for members to apply in non retail with more than 2 lacs shares in their demat accounts on record date which could be quite a substantial investment for lot of Retailers moving to Non-retail, I shared my views on risk associated with that approach and mentioned that this line of thinking can potentially backfire for a stock like Nucleus software.

I am sure each one of us will decide what is best for them based on their own situation.

142.13. KAMMA SIVA RAMA KRISHNA

| Link|November 30, 2021 12:13:08 PM

Thank you for your kind consideration to express your valuable n welcoming views.

142.14. Ganesh Jaiswal

| Link|December 2, 2021 11:20:00 AM

KSRK ji,
as per the draft letter of buyback of Nucleus software, it is clearly mentioned that
the Promoter and Promoter Group have expressed their intention vide their letters dated Thursday, September 23, 2021 and Friday, September 24, 2021, to participate in the Buyback and may tender up to an aggregate maximum number of 1,08,710 Equity Shares or such lower number of shares in accordance with the
provisions of the Buyback Regulations/terms of the Buyback. Hence chances of more AR in non retail quota is not feasible.

142.15. KAMMA SIVA RAMA KRISHNA

| Link|December 2, 2021 11:29:12 AM

Jaiswal ji,
I believe that the quantum of 1,08,710 shares is very much negligible when compared to around 18.5 lakhs available for buyback in non retail category. If i am wrong, please correct me. I don’t mind even if I am proved wrong. Thank you.

141. Aashish

| Link|December 2, 2021 6:28:12 AMReply

this is cracking like anything
i thought it will crack around 10%, but it cracked 20%

omnicron alone can't be responsible for this, other shares have barely corrected 3-4%

any other idea or explaination

I have taken into account the muted results already(10%)

141.1. KAMMA SIVA RAMA KRISHNA

| Link|December 2, 2021 7:39:52 AM

Sir,
Apart from bad results, pandemic situation, Existing bad sentiment of the investors, I find any other reasons.

141.2. KAMMA SIVA RAMA KRISHNA

| Link|December 2, 2021 8:37:18 AM

“I find any other reasons” may please be read as “ I find no any other reasons”. Sorry for the inconvenience caused.

140. IPO smart

| Link|November 30, 2021 1:34:59 PMReply

Respected KAMMA SIVA RAMA KRISHNA Sir.
Thank you for valuable guidance wrt buyback. You and aniket sir are true guru in this regard. Your writing skills are amazing and I can not express in words here. I have purchased qty 1000 MOIL @ 170.34 today. Hoping for best.
Keep guiding us always.
Warm Regards.

140.1. KAMMA SIVA RAMA KRISHNA

| Link|November 30, 2021 2:34:24 PM

Sir,
I humbly submit that I wholeheartedly admire Aniket ji for his kindness in sharing his valuable views on IPOs, secondary market, buybacks and what not, which ultimately helps in learning n earning. As the gem is somehow not in a position to express his kind views here in the buyback pages, I thought that the readers should not be deprived of any required help. So, whatever little knowledge I do have, I am trying to share. Had the precious gem is active here, I wouldn’t have to share my ill knowledgeable n inexperienced views which may result in losses to the readers. That’s what I am afraid of very often while responding to the queries of the readers.
I also join you to welcome the true IPO GURU Aniket ji here to the Buyback pages to deliver the best for the benefit of the readers.
Thank you.

140.2. JIgar A

| Link|December 1, 2021 9:24:07 PM

Goldiam International Buyback

@ksrk sir,
Very true.
We all r waiting for Aniketiaf sir guidance.
Aniket sir, Kindly consider our humble request and gives ur views on buyback pages.
Thank u.

139. Shreyasagrawal

| Link|November 17, 2021 3:43:53 PMReply

I sold the share on 26 oct , why i recived the mail of entitlement from goldiam company? can i eligible now or not?

139.1. KAMMA SIVA RAMA KRISHNA

| Link|November 17, 2021 5:24:29 PM

Goldiam International Buyback

Sir,
Please refer to the reply dated 28/10 by Ou Ai to the query dated 27/10 of BSC. As per that reply, you are eligible. All the best.

139.2. Girish prasad Tiwari

| Link|December 1, 2021 8:23:39 PM

Goldiam International Buyback

As per t+2 you are eligible for same

138. Amit Pathak

| Link|November 30, 2021 10:34:44 AMReply

If I will apply for 1 lakh amount then 30000 would be accepted for buyback with arround 6000 profit ( at 205 Buyback price from today ) and rest 70000 would remain hold at CMP price ? Am I right Kamma Sir .

What will be time period to get credited amount If I will buy today.

138.1. KAMMA SIVA RAMA KRISHNA

| Link|November 30, 2021 11:05:53 AM

Sir,
Suppose you have purchased 600 shares @ Rs. 169/- today. As the accepted ratio is always better than the Entitlement ratio, it is suggested to tender all the 600 shares for buyback. Whatever the no. of shares they accept, depending upon the holdings as on the record date, they will retain and the balance of shares will be credited back to your dmat account. Then it is upto you to decide whether to sell or to hold for some time. The resultant amount of the buyback of the shares will be credited to your bank account on the specified date. Coming to the point of profit, it mainly depends upon the Acceptance Ratio of the shares tendered for the buyback, Selling price of the unaccepted shares after the buyback etc., You will find the particulars regarding the period of buyback, last date for settlement of the buyback amount etc., in the offer letter sent to you after around 20 days from the record Date.
Please go through all the comments in the buyback pages to better understand the topic. Hope that the above helps you to understand to certain minimum extent. Thank you.

137. Harjit

| Link|November 29, 2021 11:34:03 PMReply

@Experience Members
64 percent stake is already with the central government, So will the buyback be done from rest of the stake ?

137.1. KAMMA SIVA RAMA KRISHNA

| Link|November 30, 2021 5:23:03 AM

Sir,
Buyback will also be from the stake of the government as government will also participate in the buyback by tendering the shares to the company to best utilise the opportunity due to the advantage of the difference between the Buyback price and Market price. Thank you.

136. KAMMA SIVA RAMA KRISHNA

| Link|November 29, 2021 5:57:57 PMReply

Board of directors of James Warren Tea Limited approved the buyback of 8,42,717 shares through Tender Offer @ Rs.295/-. CMP Rs.259/-. Promoters group is also interested in participating in the Buyback. Record Date is yet to be announced. Small size buyback. Not that much attractive.

136.1. lokes

| Link|November 30, 2021 1:00:46 AM

There is not much price difference also in cmp and buyback price.

135. spd

| Link|November 29, 2021 10:44:28 AMReply

Can I buy MOIL at CMP today?
When is the cut-off date?

135.1. lokes

| Link|November 30, 2021 12:58:29 AM

Yes moil can be bought anytime until Buyback record date which is still not announced.

134. C.S.Karthikram

| Link|November 15, 2021 12:48:47 AMReply

current market price - 173.75 , 4 % of your portfolio, 50% now and add till 156.00 , stop below 155.00 . hold for as per your comfort for good profit percentage.

https://invst.ly/wlwwa

134.1. ColdBurger

| Link|November 29, 2021 1:27:53 PM

Now when it will reach 160-155 level? Does not seems it will go below 165 in short term.

134.2. ColdBurger

| Link|November 29, 2021 2:39:28 PM

Sorry! I thought i am on MOIL page when i posted below...

"Now when it will reach 160-155 level? Does not seems it will go below 165 in short term."

133. lokes

| Link|November 19, 2021 6:20:51 PMReply

Load more comments (1 replies)

looks like price will take support from these levels 155-160 from where the run-up has started. Hopefully during tender period it will cross 175-180

133.2. ColdBurger

| Link|November 28, 2021 7:02:39 PM

@lokes why price will rise during tender period? New to buyback so not aware. Next Qtr result period or if they offer good divided then also cause the rise
What about MOIL have you bought and expect it to go upto 195 near record date?

133.3. lokes

| Link|November 29, 2021 10:46:33 AM

@coldburger: sometimes price increases in tender period as people may buy again for tendering who have sold after record date and many shares will be locked since people have tendered for buyback. It may not be the case always just a general perception. And btw shares doesn't move only as per quarterly results dividends :) means other than that they rise/fall, right.
Moil can be bought in tranches starting from 170 levels till 160-165 levels, i don't think price will go till 195 near record date since buyback price is only 205 rs, price may go max till 180-185 near record date.

132. spd

| Link|November 29, 2021 10:03:44 AMReply

Can I buy MOIL at CMP today?
When is the cut-off date?

131. Ramakrishna Mallipudi

| Link|November 22, 2021 7:30:12 PMReply

Load more comments (4 replies)

@lokes @ksrk ji

I have 200 shares in one account and another 200 shares in another dmat account,

Is it required more than 150 shares for better AR ? Shall I hold as it is ?

Plz guide me

131.5. ramakrishna mallipudi

| Link|November 25, 2021 8:06:36 PM

@lokes ji

Thank You Very much..

131.6. lokes

| Link|November 26, 2021 3:22:29 PM

@ramkrishna: so you are in retail category from both your accounts.

130. IPO Reddy

| Link|November 24, 2021 11:40:46 AMReply

@ KSRK sir,
Is it advisable to buy any number of shares for buyback,
I'm a very small retail investor, I can afford upto 100 shares.
i have 10 demat accounts of my family members & friends
Buying 10 shares from each account is more acceptable or buying all 100 shares from single account is more acceptable

Thanks in advance sir (ధన్యవాదాలు)

130.1. KAMMA SIVA RAMA KRISHNA

| Link|November 24, 2021 7:45:22 PM

Reddy garu,
Only in exceptional cases even holding of the single share is accepted for the buyback. Normally, “buying all 100 shares from single account is more acceptable“ is believed to be more advantageous. All the best in all your efforts in this regard. Bhagavadanugrahamu meeku yellappudoo vundaalani korukontunnaanu.

130.2. IPO Reddy

| Link|November 25, 2021 9:10:43 AM

@ KSRK sir,
thanks for your quick response sir
the only one person who gives reply ASAP after seeing messages in this forum

129. Karthik

| Link|November 24, 2021 3:54:17 PMReply

Guys,
15% is reserved for Retail, but that does not mean it is capped at 15% for Retail.

"Fifteen per cent of the number of securities which the company proposes to buy back or the number of securities entitled as per their shareholding, whichever is higher, shall be reserved for small shareholders," says Securities and Exchange Board of India (Buyback of Securities) (Amendment) Regulations, 2012.

129.1. lokes

| Link|November 24, 2021 8:49:28 PM

Yes You are right.

128. jigar

| Link|November 20, 2021 2:39:54 PMReply

Load more comments (2 replies)

@ KSRK sir,
Can I buy MOIL in different dmt account for better AR?
Is that any benefit ?

128.3. Jigar

| Link|November 20, 2021 10:38:34 PM

@KSRK sir,
Really, I got to learn a lot from you & our gem Aniketiaf sir in buyback.
Thank You Very Much

128.4. ColdBurger

| Link|November 22, 2021 11:16:14 PM

@KSRK Ji- Thanks for explaining the Retail category limit. I have started to accumulate MOIL. since market is in downward from last few sessions i am doing in steps to avoid further loss.

127. Suradhayaksha

| Link|November 20, 2021 1:35:43 PMReply

It all depends on are promotes Willing nto participate and how much shares they are going to tender.
Total no. Of shares to be bought back = 2267000 (approx.)
Number of shares with non promoters = 95 lakhs (approx)
So acceptance ratio will be more than 24 percent (theoretically, if promoters do not participate)

And retail portion is minimum 15 percent. If retailers hold more than 15 percent then it's proportional for all.
Here retailers hold more than 15 percent so there is no use of quota as shares offered to retailers will be more than 15 percent of total buyback size.

127.1. Drskbajaj

| Link|November 22, 2021 12:40:47 PM

Sorry Retailers ( with less than 2 lakh worth shares) is only 6-7%. So ER will be about 17.5% reserved for retailers.

126. Param

| Link|November 22, 2021 10:22:16 AMReply

I have three different accounts with three different pan no. And I have 1 lakh to invest should I invest all money in one account or invest in three different account ?? Does it make any difference?

126.1. KAMMA SIVA RAMA KRISHNA

| Link|November 22, 2021 11:05:09 AM

Param ji,
When the amount is Rs.1 lakh only, invest in one account. Buyback is different from IPO. Yes, sometimes like having one share in each account and that is accepted for Buyback then only it is advantageous to have shares in different accounts. Thank you.

125. ColdBurger

| Link|November 14, 2021 2:26:39 PMReply

@ksrk sir- How much qty you suggest for small investors? I can divide purchase between two demat. Moil has a target of 225-240 range from some brokerage. I only worry it does not go down like SAIL.

125.1. KAMMA SIVARAMAKRISHNA

| Link|November 14, 2021 8:27:47 PM

Sir,
I suggest 1000 shares for each account of the small investors. Let us be positive and proceed to purchase. All the best.

125.2. ColdBurger

| Link|November 21, 2021 9:45:32 PM