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Nucleus Software Buyback

Based on last annual report as on 31.3.21the expected eligibility ratio for retail shareholders is 17.5% .
If past is any indication the expected Acceptance raio will be about 45% or thereabout.

MOIL Buyback

@KSRK sir

Could you please clarify on possibility of better acceptance in HNI or retail. Guess Aniket sir mentioned at some page that MOIL HNI may be more beneficial.

Any views from all members.

MOIL Buyback

@KSRK sir I have another query. Could you please share your views

Consider i buy shares of worth more than 2 lac before record date. For example shares worth 5 lacs, can i still apply in retail with lesser quantity of shares offering in buyback i.e. < 2 lac worth.

MOIL Buyback

German ji,
Unless it is another account with a different PAN, NO please.

Nucleus Software Buyback

Can someone check my analysis and validate. It looks like a super arbitrage opportunity.

Total shares      = 29040724
Promoters      = 19627866
Non promoters      = 9412683
Promoters willing to tender      = 107926
Total possible Tender shares      = 9520609 (Non promoters+promoters willing to tender)

For retail

Total buyback shares= 22,67,000      
Retail quota= 3,40,050 (15%)      
Total potential retail shareholders=      53,27,000
Acceptance Possibility (Retail quota/total potential retail shareholders)= 6%
            
For non Retail

Non Retail buyback shares (22,67,000-3,40,050)= 19,26,950      
Total potential non retail shareholders willing to tender= 41,93,609      
Acceptance Possibility = 46%

46% AR is if all the non-retail is participating. In reality it should be much much higher.
Current arbitrage is 18% ( buyback price= 700 CMP= 590)

Nucleus Software Buyback

@vishal: Shareholders means person holding shares. So can you just re-think on what you are writing:

you have mentioned this in your first para :
Non promoters = 9412683 (means 94 lakh shares with non promoters)

And then you mentioned: Total potential retail shareholders= 53,27,000
means 53 lakh retail shareholders, even if one person holding 2 shares then it would become more than 1 crore shares with retailers and total shares available with non promoters are only 94 lakhs which are for everyone (FII/QIB/retailers etc) so you can just think again logically now. Also you mentioned:

Total buyback shares= 22,67,000
Retail quota= 3,40,050 (15%)
Total potential retail shareholders= 53,27,000
Acceptance Possibility (Retail quota/total potential retail shareholders)= 6%

so why you are dividing no. of shares from shareholders here to get acceptance possibility ? what can't of divide is this. so think before you post.

Nucleus Software Buyback

And even in the link which you shared , cant you see clearly what is mentioned there:
For Individual share capital upto Rs. 2 Lacs :
No. of shareholder : 39698
No. of fully paid up equity shares held : 5327032

Hope you will realize your mistake now.

MPS Buyback

From bse site: market cap is 1289 Cr,
Out of which non promoter (free float) is 412 Cr. 83 Cr .
Issue size reserved for retail is 12 Cr, which is just 3 % of non promoter cap.
If someone has data, please shade light on % of shareholders having < 2 lakh holding.

MPS Buyback

@common man: this data of shreholders having less than 2 lakh rs shares will never come in shareholding pattern so not easy to find out how many retail investors are having less than 2 lakh rs shares and how many are having more value shares.

AksharChem India Buyback

today is the last date to buy this share with buyback eligibility but it has given good upmove already in last 2 days so not sure how much beneficial buyback will be because size of buyback is very small here and it depends on chemical sector performance also for share performance going forward..

From 12th it may go down after buyback record date, since people may not sell tomorrow whoever bought for buyback else they can loose buyback eligibility if selling tomorrow as sometimes brokers removes shares within 1 day then on 12th record date we wont be having shares.

And Recently chemical shares were in downtrend from around 1 month.

AksharChem India Buyback

it has fallen from 490 to 450 as i said after record date.

Nucleus Software Buyback

Since record date is 27th nov (saturday) for this nucleus software, so everyone who buys till 24th nov (wednesday) are eligible to participate in buyback

Nucleus Software Buyback

@sivaramakrishna

if we can buy 200 shares on tomarrow, is it possible to participate in tender process

Nucleus Software Buyback

Sir,
Yes. Please go ahead. All the best.

Nucleus Software Buyback

thq KSRK, Bought 200 shares @589

Nucleus Software Buyback

Record Date for Buyback of shares of Nucleus is 27th. Thank you.

Nucleus Software Buyback

Sir,
You might have read the comments in the I J Site regarding the participation of the promoter group as just now I have read the analysis of Sumit Jain ji there. I requested him to share the source. Thank you.

Nucleus Software Buyback

@KSRK: ya i read sumit comments but not on IZ , somewhere else.
Anyways i have seen later his and your comments on IZ too and he seems mentioned wrongly about 15% share numbers/count of retail, that should be from total buyback size not as per total available shares etc.
Anyways i will read more on this and try to understand and will inform in this forum

MOIL Buyback

Dear Mentors,

Kindly guide about record date for moil buyback, if i buy 100 shares today/ or tomorrow (17-11-2021 or 18-11-2021) will i be able to participate in buyback.

Also guide me what would be the buyback acceptance ratio for retail.

Thanks in advance .

Regards

LABHesh

MOIL Buyback

Though I am not a mentor, I humbly submit that you can purchase shares today or tomorrow also as the record date is yet to be announced. Acceptance ratio will be hopefully around 50% as I understand. Thank you.

MOIL Buyback

Thank you Sir . . .

Regards

LABHesh

Nucleus Software Buyback

The AR in non retail category is likely to be very much as I understand that only 3 promoters are participating in the buyback to the extent of tendering 108710 shares only. Hopefully a very good opportunity to grab. Thank you.

MOIL Buyback

Moil BB opportunity looks very good
Expecting a very good AR
Entered today for BB

MOIL Buyback

Can I add more @cmp..and what tgt price should be?

MOIL Buyback

@Jigar: for retail category, as u know it has to be under 2 lakhs and that amount (no of shares eligible for retail) is calculated based on share price on record date so KSRK is just mentioning as per assumption of 200 rs price (200*1000 = 2 lakh). Buyback price is 205 rs so on record date suppose price is 201 rs then you will not come under retail category if you buy 1000 shares but if price is touching 201 on record date itself then we can sell in market also.
So taking all these assumptions/thinking, KSRK suggested for 1000 shares to buy max to be under retail category.

MOIL Buyback

Lokes sir,
Thank u very much.

MOIL Buyback

Hello all..I have total of 425 shares of moil. Avg price is 186 around. I am new to buybacks. What should I do? Buy more ? kindly suggest.

MOIL Buyback

If your financial position permits, you can buy 575 shares more to be under retail category. Acceptance rate will be more in retail category. Thank you.

Goldiam International Buyback

Received email from company :

Number of Equity Shares held by you on the Record Date being Wednesday, October 27, 2021 : 115

Entitlement for Buyback Offer in terms of number of Equity Shares : 7

Buyback Opening Date : Friday, November 26, 2021

Buyback Closing Date : Thursday, December 09, 2021

MOIL Buyback

Admin.,
Appreciate your response to open pages for MOIL and MPS Ltd. Thank you very much for your consideration. Please keep it up.

MOIL Buyback

Sir,
Moil shares can be purchased at the current market price of around Rs.176/-. Depending upon your financial position, you can purchase upto 1000 shares for each account. No conditions to purchase a particular minimum quantity. I am hopeful that not less than 50% of the shares are expected to be accepted for the buyback. Unless we believe that the deal will be a profitable one, we will not purchase n will not recommend to purchase. Please also go through all the comments of all the Buyback pages so that you can understand the topic. Thank you.

MOIL Buyback

Sir,
Please also see the comments in this regard under Paytm ipo page also.

MOIL Buyback

@KSRK Sir,

Can you please tell me when(date) will this entire buyback process will start for MOIL. Will the investors of MOIL will get notification from the company?

MOIL Buyback

Sir,
Once you purchase the shares, you are likely to be informed through mail regarding the record date, Entitlement Rate (ER), dates of buyback etc., However, it is advisable to go through the comments in the buyback pages
to know the updates in this regard. Thank you.

AksharChem India Buyback

It will remain catch22 situation. If it takes too much of investors time to interact and find very few useful info, they will not come here and unless they come here there will not be much useful info. Anyways..,.chittorgarh admin will decide based on what they believe will work for their website. I rest my case.

S H Kelkar Buyback

https://invst.ly/wlwty

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.

MOIL Buyback

Dear Aniket/KSRK

At what price may we consider buying MOIL for buyback purpose only.

Thanks

MOIL Buyback

@REK: i think he might have meant 176.5 buy price only at IZ , by mistake it might have posted as 156.5 since moil price was around/above 170 when buyback was announced so no possibility of buying at 156.5 price.

MOIL Buyback

Lokesh ji,
Thank you very much for your clarification. I have erroneously typed as Rs.156.50 instead of the actual amount of Rs.176.50
Inconvenience caused is very much regretted.

MOIL Buyback

Sir can we buy moil on Monday @ 177

MOIL Buyback

Sir,
Yes, you can.