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TCS Buyback

4.1cr shares were held by small investors on record date and about 15cr shares by above 2lk holding individuals, so it’ll be around 30-35% of 7.36cr total individual investors. Expecting 25-30% AR which falls into your upper range expectation. Anyways acceptance difference will be 0-3 shares depending on num of shares tendered by small investors.

Btw, why did you say net loss even when price stays in 3800-4000? I think it Will be in profit even if bought at 4000rs and 25% AR and selling rejected shares at 3800

TCS Buyback

As per buy back Prospectus of TCS Number of Small Shareholders is 21,10,826, Holding 4,10,51,350 Equity Shares.
Total Number of bids received - BSE 7,88,620 + NSE 346343 = 1134963, Even Assuming that all bids are from Small Shareholders ( which is not a fact ), only 53.77 % small shareholders have submitted bid.

So the Acceptance Ratio will be at least double of Entitlement of 15%. Means Acceptance Ratio will be at least 30%

TCS Buyback

no one can tell this, no guess even. previous tcs buybacks were different since price during tender period was near to buyback price so AR was 100% in retail.
Better don't keep assuming and don't look much. In some days, you will come to know anyways.

TCS Buyback

@Lokes…nothing wrong in making assumptions or expectations even if there is nothing you can do. It is same as applying for IPO and later making assumptions for allotment and listing price 😀

Else, Forums will go dry post buyback tendering and IPO application if everyone say stay calm anyways you’ll come to know within few days 😜

TCS Buyback

https://console.zerodha.com/portfolio/corporate-action-order-window
In zerodha , its written as:

The TCS buyback orders will be collected between March 8, 2022 and March 23, 2022. While you see the offer end date as March 16, we will reopen the order window on the 16th until March 23.

Owing to the large number of client applications anticipated for TCS buyback, the orders will be placed on the exchange starting 17th March 2022 until the closure on 23rd March 2022 for the orders collected until then. Please make sure to maintain sufficient holdings in your Demat until the order window closes. The status of the orders placed on the Exchange will be communicated over an email.

TCS Buyback

@lokes welcome back after few days….hope your health is fine….this fourm was really missing you.

TCS Buyback

@Have Faith : thanks....ya am fine....due to more work pressure, i was giving lesser time in chittorgarh and in market analysis etc.

TCS Buyback

@lokes ..Great to see you active again. Just want to ensue if i tender on 22nd in Zerodha then it will be fine. Since AR is expected to be less than 50% I want the option to open market sell active. Market is recovering in bits so still have some faith of price reaching 4100 before 23rd.

TCS Buyback

No,Its 23/3 until 1/30PM is the last date/time in Zerodha no.1

TCS Buyback

@ColdBurger : yes you can tender on 22nd march also from zerodha....just dont forget.....it will even open again on 23rd march till 1.30pm....
there will be no impact either you tender in starting or now or on 23rd.....all will be same thing.....

TCS Buyback

IMPORTANT: As per Zerodha site only up to 21st March the order will be collected. Even if they mention 23rd March but tender offer line show only 21st March. Wonder if they started take some cheap weed?

TCS Buyback

@coldburger: they will open again after 21st March....you can check on 22nd March also on their site.

TCS Buyback

@lokes... Yes may be they open again on 22nd..but no sch notice seen. As if market turmoil was not enough they have started their own tantrums ...much to the worries of novice investors.
** Hope their data structure don't have the limitations in storing high currency values😁😁😁😝😜

TCS Buyback

Same with me also.

TCS Buyback

Same with me also. I tendered 15 shares of tcs through zerodha. But today everything is blank there. And again I can see no bid option is displaying there in console. What does it mean. Sir anyone can help me

TCS Buyback

Its normal for zerodha to take the tendered / surrendered shares out of yr holdings as these have been (or will be presented to tcs), after BB is over, if there is sthg leftover , it will be returned back to yr holdings.

TCS Buyback

As I learned
Ones you put your shares for buyback,it will remove entirely from your holding.
After event over
You will get refund of remaining balance back to your holding and accepted shares amount (*4500) to your bank account
This is my first experience also

TCS Buyback

Thanks for indicative reply.

TCS Buyback

I posted before your query 😀 but good that it helped you 👍

TCS Buyback

According to you if any persons hold 8 share on record date so 7 share will be accepted in buyback ???am I correct ??

TCS Buyback

Dipendu…read msg properly 😀

TCS Buyback

AR going to be less than 30% as retailers already tendered 4x already. So less than 25% now and may end up close to 20%

TCS Buyback

@sdz Retailers have only tendered 70,70,405 shares till 1:00pm 17/03/2022.
AR now is appoximately 84%.
But, there is still 5 more days left.

TCS Buyback

@Ipostonks from where r u getting this information???