Feedback Message Board

TCS Buyback

I will buy some more shares today and on Monday. Hope those shares qualify for BB

TCS Buyback

@avinash: As informed in earlier messages on this current page, evoting will be there and ongoing. For most IT companies, evoting happens in buyback.
IPOINPUT:You can purchase tcs shares upto 2 days before record date, to be eligible for buyback and record date is still not announced.

Record date will be announced on 15th feb after evoting results and record date will be probably around 21st to 25th feb any day.

TCS Buyback

Thanks @ lokes I am buying in all accounts regularly. Right now the average is a little below 3800. even at 50% AR the price of remaining shares would be 3100 only. I will hold remaining shares and buys big quantity if it goes to 2800. I know TCS will again do a buyback after two years and the price can be 5000 that time.

MOIL Buyback

MOIL is a very good short term opportunity to earn minimum 5-10% in a weeks or10 days period. Remember, it is a very very high probability opportunity but not a guaranteed one.

Happy Investing.

Ajanta Pharma Buyback

Friends,

First time I'm participating in Ajanta Pharma Buyback process and I have Demat account with HDFC Securities. When we are tendering our shares in Buyback, there is a field called Facilitator. Can anyone using HDFC Securities, can you please tell what should we fill here?

Appreciate your response.

thanks, Suneel

Ajanta Pharma Buyback

@Suneel Sir,
You can leave that field blank.

Ajanta Pharma Buyback

Many thanks Rahul. Appreciate your response.

MOIL Buyback

Emami is likely to consider the Buyback of the shares during the meeting of the Board of Directors on 03/02/2022. However, the previous buyback in 2020 was through the Open Offer. Let’s wait and see the outcome of the meeting of the Board of Directors. Thank you.

MOIL Buyback

Prasen ji,
BUYBACK of HGS shares is likely to be during the last week of this month/ first or second week of March. It’s only a presumption.No confirmation of the period of the buyback so far.
In the open market mode, buyback of shares will be done through the stock exchange at the then prevailing rates. No fixed price. The period of buyback will be for a longer period. Not of any advantageous position to the investors except the probability of price increases to certain extent before or during the period of buyback.
In the case of Tender route, the price will be a fixed one and the period of the buyback will be normally for two weeks only. Process will be through the Registrar of the buyback. As you will be knowing the price of the buyback, you can take a decision whether you can participate by purchasing the shares afresh duly ensuring that the shares will be credited to the Dmat account by the record date.
If you go through the messages in the buyback pages, you will definitely be understanding better. Thank you.

MOIL Buyback

Thanks sir for your valuable suggestion .

MOIL Buyback

For Moil Ltd. I have 5000 shares of the Moil Ltd. And my entitlement for buyback offer is only 679 shares…

Now the share price is approximately equal to my purchase price… So what should I do? should I tender all 5000 share in buyback offer or should I tender only 679 shares and sell the remaining shares in the market before 10 February 2022?
please guide

MOIL Buyback

Looking at price action..seems AR will be least 60%. What experts have to say?

TCS Buyback

What would be the average acceptance ratio for general category? (shares above 2 lakh)

Any answer would be appreciated.

TCS Buyback

@Newrookie : if price comes around 4100-4200 suppose any day during tender period then many retailers may sell all shares in open market because in buyback if all are not accepted so remaining shares carries risk of price going down after buyback but in open market all can be sold earning decent risk free profit and amount will be received 10-15 days before only.
So less people will tender so more AR as @rajkumar also explained.

TCS Buyback

Thank you Lokes

MOIL Buyback

@Experts, why sudden spike in MOIL share price?

MOIL Buyback

@pigeon @ganesh: record date is 19th feb for moil dividend and buyback settlement is 21st feb. Dividend amount will be declared in board meeting on 11th feb. And share price sometimes increases in tender period since some people may buy to tender in buyback who might have sold after record date.

MOIL Buyback

@lokesh ji, MOIL has sent a new intimation to NSE/BSE on 3rd evening of change in record date to 26 February. Be sure its after buyback period.

MOIL Buyback

Price of MOIL on record date i.e. 31st Dec 21 was 169.10 which is lower than my acquisition cost per unit. Do I have any tax liability? Or it is Govt. liability to pay me refund 😊😁😁(on lighter note.. they are such a sucker...life goes paying tax..)

MOIL Buyback

No tax liability on share tendered in buyback. even acquisition price of MOIL for me was Rs. 139 only, but hopefully I would not have to pay any LTCG on accepted shares under buyback.

MOIL Buyback

I have received mail for buyback and link also. But it is not accessible for buy back. What to do?? IIFL is my broker.

MOIL Buyback

one of my old Demat account with Reliance securities have same problem. I wrote to customer care for the buyback with the quantity to be tendered. they have tendered the quantity after one day.

TCS Buyback

@ KAMMA SIVA RAMA KRISHNA
Ok. Thank you Kamma Siva Ji

Ajanta Pharma Buyback

Emami is likely to consider the buyback of shares on 03/02/2022. However the previous buyback in 2020 was through the Open Offer. Let’s wait and see the outcome of the meeting of the Board of Directors. Thank you.

Ajanta Pharma Buyback

Buyback price in news is 550. Is it TENDER OFFER or through OPEN MARKET???

Ajanta Pharma Buyback

Sir,
It’s through the open market. No use. Thank you.

TCS Buyback

Looks like Biocon is a good buy, the shares will be split in near future..

Ajanta Pharma Buyback

Updates on emami buyback
1. Buyback from open market
2. Max price is 550 (current price ~502)
3. BB size 162 Crore Rs.

For me this not attractive as its open market. Also price difference is not much. Might consider to buy very small qty if fall to 470 level.

TCS Buyback

Hi
I have bought 20000 shares fir buy back purpose
What is expected acceptance ratio

TCS Buyback

For you, it will be 121%

Nucleus Software Buyback

Is there anyone who havent recived the consideration money yet in their bank account ?

Nucleus Software Buyback

Has anyone got the money for the accepted shares? When will we get it?

Nucleus Software Buyback

Money was credited in bank account (mentioned in demat) on 21st Jan itself to everyone mostly. You need to check with registrar kfintech if you didn't received.

Nucleus Software Buyback

i havent recieved the money yet, have you got it by now?

TCS Buyback

If I have 53 shares, do I need to sell 9 before tender to be in retail or can I split retail and general?

TCS Buyback

To be safe, have only 44 shares in your demat account on record date.

MOIL Buyback

Can anybody pose link to check demand schedule ?

MOIL Buyback

https://www.nseindia.com/market-data/tender-issue-information?symbol=MOIL&type=Active

MOIL Buyback

thank you so much @lokes

MOIL Buyback

@KSKR Sir, @Lokes Sir.. I tendered all the shares in Zerodha, when will the shares debited from my account?

MOIL Buyback

@pigeon: In zerodha, they mark shares for debit on last date or after last date of tender i think. Then you will not see shares in portfolio. Now you can see but anyways you can't (should not) sell so it doesn't matter when shares are debited from account. In actual, you can sell shares still in open market from your zerodha account, then your buyback order will fail later when it will go to exchange. I had checked with them on call during nucleus buyback.

MOIL Buyback

@lokes Sir. Thanks a lot!!