i bid one share. in demat there is 1 share. but buy back rejected, and shre credited in my demat acount. why company not accepted ?? normaly all company accept one share for buyback (in demat was one share ) .
There is no free lunch in markets. The number of people who tendered was greater than the number of shares to be bought back in the retail segment. Some people has 1 share accepted, some had zero.
I have tendered shares for buyback today. When will they get absorbed by the company? Will I get notified as soon as they are absorbed? How? sms or email?
Hello, I need help regarding this buyback i am holding 5200 shares in my demat account from last 1 year, so i want to inquire for how many shares can i place bid
Wait for the email from the company that will come in the next few days. It will tell you how many shares you will be eligible to sell. Since your holdings are worth more than INR 2 lakhs, you will be in the non -retail category and the ratio will probably be much lower.
I tendered two of my shares and one got accepted. However the 2nd share which got credited back has buying price significantly lower than what I had bought at. i.e. I bought the share around 4500 but now it shows I bought at 2526/- Does buyback also reduces your buying price of the stock somehow ?
957.1. Tushar Bhatia|| Link|June 24, 2022 11:51:26 AM
Yes right. Same thing has happened to me. Thinking to sell out that reduced price share today which is showing around 45% profit, but don't know if that will be a wise decision to do because it may be possible it is a technical glitch at broker end. This is happening to me in my Zerodha Account and yours?
I tendered one share of Indiamart from my Zerodha account but it was rejected. However the share which got credited back in my portfolio has buying price significantly lower than what I had bought at. i.e. I bought the share at 4827 but now it shows I bought at 2900 and showing profit of around 44%? How is this possible and should I square off the position then?
IndiaMART InterMESH Buyback
i bid one share. in demat there is 1 share. but buy back rejected, and shre credited in my demat acount. why company not accepted ?? normaly all company accept one share for buyback (in demat was one share ) .