Matrimony.com Limited Buyback (Matrimony.com Buyback) Detail

Birla Soft Buyback Particulars:

Buyback size: upto 78,00,000 shares
Buyback price : Rs. 500/-
Buyback amount: Rs.390 Crores
Mode : Through Tender Offer
Record date : Yet to be announced
CMP: Around Rs. 378/-
Happy investing to all of you. Thank you.

Purchased 30 shares @ Rs. 765.05. Planning to purchase 20 more shares @ Rs. 750.05, if available. Thank you.

Sir,
It’s only a guess working. No one can assure you. You may try as the risk involved is not that much significant. All the best.

@KSRK Ji,
Noted, appreciated your advise.

Thanks

Dear all,
I am new to the buy back...

'Zydus life' buy back announced while ago @650 against CMP of about 355... is it good buy ?
appreciate your advise.

Thanks

Review ?

Will 1 share strategy work ?

Total public share holder are 16646,
And total no of share are 1 lakh, so i think one share formula will work,
Expert please reply.

To understand this, we may refer to TCS buyback process (I could not find same for Matrimony).

19.15 Subject to the provisions contained in the Letter of Offer, the Company will accept the Equity Shares tendered in the Buyback by the Small Shareholders in the Reserved Category in the following order of priority:

19.15.1 Acceptance of 100% Equity Shares from Small Shareholders in the Reserved Category, who have validly tendered their Equity Shares to the extent of their Buyback Entitlement or the number of Equity Shares tendered by them,
whichever is less.

19.15.2 After the Acceptance as described in Paragraph 19.15.1 above, in case there are any Equity Shares left to be bought back from Small Shareholders in the Reserved Category, the Small Shareholders who were entitled to tender zero
Equity Shares (on account of fractional entitlement), and have tendered Additional Equity Shares as part of the Buyback, shall be given preference and one Equity Share each from such Additional Equity Shares shall be bought
back in the Reserved Category.

I think para 19.15.2 makes it clear that shareholders tendering 1 share will be considered only after other shareholders's entitlement has been considered. As the demand for buyback will be high, I doubt that tendering one share will work 100%. But still, I am inclined towards this experiment.

Motilal Oswal Financial Services Buyback Particulars:
Buyback size: upto 14,54,545 shares
Buyback price : Rs. 1100/-
Buyback amount: Rs.160 Crores
Mode : Through Tender Offer
Record date : Yet to be announced
CMP: Around Rs. 851/-
Happy investing to all of you. Thank you.

Record Date is. 27/05/2022. Thank you.

@Lokes: whether 1 share strategy will work in MOSFL Buyback?

These days..buyback is equivalent to dividend whenever the size is small.

Now will you buy any stock for dividend..the answer is no.
Especially with the current market conditions..buybacks are becoming too risky.

Experts r not interested in buying only 1 share, thats y there r no replies

As per the offer letter :
General Public -
No. of shareholders : 16,646
Total Shares : 14,79,079
% of total Shares : 6.46 %

Considering , General Public to be Retail Investors and assuming Single share Strategy will work on 'No. Of shareholders' .

Retail Reservation = 0.15 × 6,52,173 = 97,825

As No. Of Shareholders' & Reserved Shares for Retail Investors has large difference , Can we consider ' 1 Share Strategy to work ' ?

Please Reply , Any Senior Member